MySale Group's H1 underlying EBITDA soars 80 percent

MySale Group plc has reported that underlying EBITDA grew 80 percent to 5.5 million Australian dollars (4.4 million dollars) for the six months to December 31, 2017. Gross profit in the period increased 19 percent to 45.7 million Australian dollars (37 million dollars), while gross margin increased 200 bps to 30.1 percent. The company said revenue increased 11 percent 152 million Australian dollars (122.8 million dollars) and the company now expects full year of underlying EBITDA at the top end of market expectations.