Purplebricks Group PLC (LON:PURP) is a United Kingdom-based company engaged in the business of estate agency. The Company operates through the division of providing services relating to the sale of properties. The Company uses technology in the process of selling, buying or letting of properties. The Company operates in the United Kingdom.
Purplebricks Group significant transformation against challenging market conditions
Purplebricks Group plc (LON:PURP), the UK’s leading tech-led estate agency business, announced today its half year results for the six months ended 31st October 2021. Summary performance H1 22£m H1 21£m Change Group Revenue 41.3 44.2 (7)% Gross profit 26.2 29.6 (11)% Gross profit margin (%) 63.4% 67.0% (360)bps Operating (loss)/profit (11.1) 6.9 (261)% Adjusted EBITDA1 (0.8) 8.4