PropertyGuru cuts net loss to $7.4m in Q3

In Q321, the proptech company's net loss was $9.6m.

PropTech company, PropertyGuru, cut its losses to $7.4m in Q322 from $9.6m in Q321 due to higher revenue and earnings.

In an announcement, the company said its revenue for Q322 clocked in at $34.6m, translating to a 47% YoY jump.

The company attributed its higher revenue to revenue increases across its marketplaces like Singapore (+28% YoY to $18.1m), Malaysia (+49% YoY to $6.5m), and Vietnam (+161% to $6.2m).

Meanwhile, the company also reported positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $5.7m from Q321's adjusted EBITDA loss of $1.5m.

Follow the link for more news on

PropertyGuru

net loss

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia