Rightmove Profits Rise Amid Rental and Commercial Property Growth
4 Articles
4 Articles
Rightmove reveals profits leap and plans to diversity into housing market
Rightmove has reported a 10% increase in revenue, a similar leap in profits plus its best ‘agent retention’ figures for ten years and a 7.3% increase in the average spend by agents. The portal’s latest trading statement says agents, but also new homes developers, are signing up to use its various monthly subscription ‘add-ons’, and the average spend is now £1,520 among agents. But aside from the figures, Rightmove’s most telling comment are abou…
The Rightmove share price is too hot… a pullback could be coming
The Rightmove (LSE:RMV) share price fell in early trading on Friday (25 July) after the UK’s leading online property portal reported its results for the first half of the year. While the company performed well in H1, beating estimates, investors responded cautiously due to soft guidance for the back half of the year. What happened in H1 Rightmove delivered revenue of £211.7m for the six months to 30 June, up 10% on last year. This growth was pri…
Rightmove profits rise amid rental and commercial property growth
Britain’s largest property portal, Rightmove, posted a rise in revenue and profit on Friday, buoyed by estate agents upgrading marketing packages and growing demand across its rental and mortgage arms. The FTSE 100 firm told the market that revenue rose 10 per cent to £211.7m in the first half of 2025, up from £192.1m last year, while operating profit climbed to £145.4m, also up 10 per cent. Rightmove pointed to renewed market activity and agent…
Rightmove Reports Strong H1 2025; 10% Revenue Rise And Strategic Growth
Rightmove plc (LON:RMV), the UK’s largest property portal, has announced its unaudited results for the six months ended 30 June 2025 Strong results and product delivery across the platform Key headlines · Leading platform and network effects remain very strong · Clear value recognition by our partners – highest H1 Estate Agency retention in over 10 years · Strategic Growth Areas of Commercial Property, Mortgages, and Rental Services deli…
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