PropertyGuru's Q2 net loss widens to $16M despite revenue growth

Revenue rose 10% YoY to $41m.

PropertyGuru widened its net loss to $16m in Q2 2024 despite recording a 10% YoY increase in revenue and positive adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA).

Revenue for the period was $41m, whilst adjusted EBITDA rose 48% YoY to $7m.

The company attributed its improved revenue to improvements in its Singapore, Malaysia, and Vietnam marketplaces.

In Q2, its Singapore marketplaces reported a revenue of $25m, up 16% YoY.

Still, with the group's net loss, it recorded a loss per share attributed to equity holders of 0.10 cents.

Follow the link for more news on

PropertyGuru

Financial Statements

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