company
Terminal X
-4.06%
Base:814.7
opening:814.7
High:835
low:751
change:38,405
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The company, which deals in the import, marketing and online sale of fashion and lifestyle items, published its reports for the third quarter according to which the income was about NIS 86.1 million compared to revenues of NIS 68.6 million in the corresponding quarter last year – an increase of 25.5%.
The company’s gross profit amounted to NIS 36 million compared to a gross profit of NIS 30.5 million in the corresponding quarter – a decrease from a gross profit rate of 44.5% to a rate of 41.8%. The operating loss amounted to NIS 8.2 million compared to an operating loss of NIS 8.7 million in the corresponding quarter.
Terminal X records a net loss of NIS 6.7 million in the third quarter compared to a net loss of NIS 10.3 million in the corresponding quarter last year.
The number of registered customers of the company increased from 708 thousand in the corresponding quarter to one million – an increase of 41.1%. However, the number of active customers totaled 565 thousand compared to 552.5 thousand in the corresponding quarter – an increase of 2.3%.
Nir Horowitz, CEO of Terminal X: “Today we present the results of the third quarter of the year 2022, with continued growth in the existing activity of over 25% and an improvement in the operational indices. In addition, the company continues to operate according to the growth strategy abroad and in other categories, with the establishment of a local operation in Greece, and the completion of the purchase 51% from the fashion site Sistarz. The site in Greece opened for sale last month, with a consumer line of a variety of leading fashion and lifestyle brands and shipping within hours. Terminal X maintains its place as the leading shopping site in Israel in the fields of fashion and lifestyle, and we are working to continue to develop in Israel and the world.”
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