The Agent
Reflections on estate agency, today and in past times
Latest Article
Purplebricks posts £52m loss, 55% revenue rise and confirms US withdrawal
3rd July 2019
Purplebricks has revealed its annual results for the year ending April 30 2019.
The hybrid agency has posted an operating loss of £52.3 million, up from £27.8 million in 2018. It does, however, report a UK operating profit of £5.3 million.
It reports total revenue up by 55% to £136.5 million and UK revenue up by 21% to £90.1 million.
As expected, the agency has also announced that it will be withdrawing from the US market following a review launched in May.
The agency... Read More >
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