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
$235.77
Change
-2.090(0.88%)
Mkt cap ! $31.14B
Open High Low Value Volume
$237.83 $238.18 $234.50 $26.96M 114.3K

Buyers (Bids)

No. Vol. Price($)
2 97 $234.60
 

Sellers (Offers)

Price($) Vol. No.
$235.78 97 2
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Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
REA (ASX) Chart
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