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Booktopia earnings up five-fold

Online bookstore Booktopia increased revenue 51.1 per cent to $112.6 million during the half year to December, while EBITDA rose 502.3 per cent to $7.9 million. The business ultimately delivered a loss, however, due to the costs of its $25 million IPO last year as well as expenses of converting preference shares. In total, loss after tax spiked 3207 per cent to $19.7 million. Covid-19 has created the ideal trading environment for the business, with a significant uplift in online shopping and cus

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