DocMorris gains 1.5 million customers as prescription sales rise 78%
· 2h ago · Originally reported by PPC Land
Adjusted EBITDA of CHF 0.6m arrived in Q3 for the Swiss online pharmacy, while Digital Services, home to its retail media unit, held flat at CHF 13.9m. Why?
This is the outlet’s own summary while our desk writes an explainer. Read the full story at PPC Land.
Terms in this story
Adjusted EBITDA
Adjusted EBITDA is earnings before interest, taxes, depreciation and amortisation, further adjusted by the company to exclude items such as stock-based compensation and one-time costs; it is a non-GAAP measure.
Retail media
Retail media is advertising sold by retailers, on their own websites, apps and stores or elsewhere using their shopper data, letting brands reach customers close to the point of purchase.
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