Nova Poshta revealed how much it earns.

'Nova Poshta' company increased its revenue

"Nova Poshta" company published its financial results for the first six months of 2024. During this period, the leader of the Ukrainian delivery market managed to increase its consolidated net income by 22.6% to 24.45 billion hryvnias. This information is provided by 'Khvylya', which refers to the website of the Infrastructure Development Agency of the Ukrainian stock market.

The published data shows that the company's gross profit also increased by 10.1% to 6.05 billion hryvnias.

It is noted that not all financial indicators are growing. The company's consolidated net profit decreased by 36.9% to 1.48 billion hryvnias. Operating profit also decreased by 9.2% to 3.17 billion hryvnias.

These declines can be partially explained by significant investments in development: 70 million hryvnias were spent on acquiring a subsidiary, and investment spending on current assets increased by 20%, reaching 3.54 billion hryvnias.

Regarding liquidity, "Nova Poshta" ended the first half of the year with 5.39 billion hryvnias. Although this figure decreased compared to the previous period, it still exceeds the result of the last year.

EBRD Credit

It should be reminded that earlier it was reported that "Nova Poshta" would receive a loan from the European Bank for Reconstruction and Development to service clients and ensure employee safety.