- REA Group’s operating Ebitda for the 3rd quarter came in at A$177 million, showing a 30% year-on-year increase from A$136 million the previous year.
- Total Ebitda saw a rise of 24% in a year, reaching A$168 million.
- Revenue for the third quarter was A$334 million, marking a 24% increase on a year-over-year basis.
- Operating expenses also went up by 18%, amounting to A$157 million.
- The Group’s free cash flow saw the strongest growth, jumping by 33% to A$110 million.
- In the nine months, REA Group’s revenue stood at A$1.06 billion. This represents a 20% year-on-year increase.
- Over the same period, the Group’s operating Ebitda and Ebitda rose by 24% and 23% respectively, reaching A$616 million and A$594 million.
- The company saw a diverse range of trading activities, with 3 buys, 10 holds and 3 sells reported.
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These bullet points provide a snapshot of REA Group’s financial performance compared to previous periods as given by the company’s original disclosures.
A look at REA Group Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, REA Group Ltd seems to have a positive long-term outlook. With a momentum score of 4, the company appears to be gaining traction in the market. This suggests that REA Group Ltd may have a strong potential for growth and advancement in the near future. Furthermore, its resilience score of 3 indicates that the company has the ability to withstand challenges and navigate uncertainties effectively, contributing to its overall stability.
While the value and dividend scores are both at 2, signaling average performance in these areas, REA Group Ltd‘s growth score of 3 implies promising prospects for expansion and development. With its focus on online property listings and real estate services in Australia, coupled with a solid momentum and resilience, REA Group Ltd could be well-positioned for sustainable growth in the long term.
**Summary:** REA Group Limited provides online property listings, web development, and internet-related technology services to the real estate industry in Australia. Additionally, the company offers online real estate search services to the Australian public, indicating a strong presence in the digital real estate market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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