• Like
  • Comment
  • Favorite

REA Group Fiscal Q1 Revenue Rises 11%

MT Newswires Live11-05 07:05

REA Group (ASX:REA) said its fiscal first-quarter revenue from core continuing operations increased 11% to AU$450 million from AU$405 million in the same period last year, according to a Thursday filing with the Australian bourse.

Operating earnings before interest, taxes, depreciation, and amortization, excluding share of profit/losses from associates, was AU$294 million, up 12% on last year's AU$262 million, the filing said.

The company reported "record engagement" for the three months ended Sept. 30 with a 9% increase in active members and a 13% rise in properties tracked by their owner to 5.3 million.

REA Group's fiscal 2027 outlook is unchanged, with new national buy listings expected to be down in the low single-digits range, per the filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24