News: REA REA Group Qtrly Rev A$278 Mln

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    May 6 (Reuters) - REA Group Ltd (REA) :

    • DEVELOPER PROJECT COMMENCEMENTS ARE EXPECTED TO BE DOWN YOY IN Q4
    • FUNDAMENTALS OF RESIDENTIAL PROPERTY MARKET REMAIN POSITIVE
    • QTRLY EBITDA (INCLUDING SHARE OF PROFIT/LOSSES FROM ASSOCIATES) A$155 MILLION VERSUS A$123 MILLION
    • IMPACT OF RISING CONSTRUCTION COSTS IS ALSO CAUSING DELAYS TO SOME PROJECTS
    • QTRLY REVENUE A$278 MILLION VERSUS A$226 MILLION
    • SEES Q4 VOLUME HEADWINDS WILL BE MORE THAN OFFSET BY HIGHER RESIDENTIAL AND COMMERCIAL YIELDS
    • EXPECT CURRENT INDUSTRY TREND OF INCREASED MORTGAGE RUN-OFF RATES TO NEGATIVELY IMPACT VALUATION OF FUTURE TRAIL COMMISSIONS AT YEAR END
    • CONTINUES TO TARGET FY POSITIVE OPERATING JAWS, EXCLUDING IMPACT OF REA INDIA & MORTGAGE CHOICE ACQUISITIONS
 
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(20min delay)
Last
$234.10
Change
-5.380(2.25%)
Mkt cap ! $31.07B
Open High Low Value Volume
$239.14 $239.80 $234.07 $15.63M 66.33K

Buyers (Bids)

No. Vol. Price($)
8 12 $234.09
 

Sellers (Offers)

Price($) Vol. No.
$234.10 9 4
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Last trade - 15.22pm 01/08/2025 (20 minute delay) ?
REA (ASX) Chart
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