OTMP.L Share News (OTMP)

IN BRIEF: OnTheMarket swings to loss; reports strong start to new year

OnTheMarket PLC - Aldershot, England-based property search portal operator - Swings to a pretax loss of GBP928,000 in the year ended January 31, from a profit of GBP1.1 million the previous year. Revenue climbs to GBP30.4 million from GBP23.0 million. Explains that agency revenue benefited from growth in paying customers during the latter part of the year ended January 31, 2021. This allowed the company to start its most recent financial year with a higher monthly revenue run rate, it explains. Reports a "positive" start to the current financial year, in line with board expectations.

UK earnings, trading statements calendar - next 7 days

REPEAT: UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Director dealings: Beazley non-exec makes purchases, Onthemarket CFO sells option shares

(Sharecast News) - Insurance firm Beazley was at the top of the buying side of the ledger on Wednesday, after one of its non-executive directors spent more than £0.1m across four transactions.

TRADING UPDATES: Profit rise for GlobalData, Greencoat keeps dividend

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

OnTheMarket sees FY in line with revised guidance

(Sharecast News) - Online property portal OnTheMarket said it expected to report adjusted operating profit in line with raised expectations, driven by commercial partnerships.

UK property market has busiest January on record - Rightmove

(Sharecast News) - The UK property market had its busiest January on record as buyer enquiries and homes for sale rose strongly, Rightmove said.

OnTheMarket on-track to beat market expectations for financial year

OnTheMarket on-track to beat market expectations for financial year

TRADING UPDATES: Knights Group, Water Intelligence tie up acquisitions

TRADING UPDATES: Knights Group, Water Intelligence tie up acquisitions

OnTheMarket adjusts consideration for Glanty purchase downwards

(Sharecast News) - Property marketing portal operator OnTheMarket announced on Monday that the initial consideration paid for the 80% share in Glanty in May was being reduced, with the return by the vendors of 163,154 ordinary shares in the company.

OnTheMarket ups outlook after strong first half revenue growth

OnTheMarket ups outlook after strong first half revenue growth

OnTheMarket on track to beat full-year expectations

(Sharecast News) - Property portal operator OnTheMarket reported a 46% improvement in revenue in its first half on Tuesday, to £14.9m, with average revenue per agency (ARPA) ahead 52%.

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Sabre cautiously optimistic; Restore resumes payout

TRADING UPDATES: Sabre cautiously optimistic; Restore resumes payout