Staff Reporter
,
Singapore
Photo from Freepik
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.
Join
Singapore Business Review
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!