Purplebricks Group PLC - Solihull, England-based online estate agent - Continues to expect revenue of GBP70 million and to swing to a loss before interest, tax, depreciation, and amortization loss of GBP8.8 million for the year ended April 30, unchanged from the guidance in its last trading update in May. Company says it will report its full-year results in the first week of August.
In financial 2021, Purplebricks posted revenue of GBP90.9 million and an adjusted Ebitda of GBP12.0 million. Guidance for the recently ended year would represent a 23% decline in revenue.
Current stock price: 15.00 pence, up 2.7% in London on Tuesday
12-month change: down 82%
By Heather Rydings; heatherrydings@alliancenews.com
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