Operating expenses plunged to RON62 million in January-June 2023, from RON104 million in the same period of 2022.

Elefant says in its report that in the first six months of 2023 the volume of orders fell by 26% on the year. In terms of the average value per order, its evolution is linked including to the portfolio of categories. “Thus, in the first six months of 2023, the average value per order was RON118, down 16% from the same period of 2022”.

Elefant is carrying out a bond issue worth RON17.5 million, which was listed on the stock market on February 1, 2022, matures on November 26, 2026 and has an annual interest rate of 9%.