• Residential revenue up 12%, driven by strong growth in depth revenue
• Audience metrics show 10% increase in UA and 23% uplift in site visits
• Ongoing investment in technology transformation to drive future growth
• Expect stable EBITDA margins in FY25 while investing in growth opportunities

Domain Holdings Australia Limited [ASX:DHG] ('Domain' or 'Company') has delivered its 2025 half-year financial results, with Chief Executive Officer and Managing Director Jason Pellegrino and Chief Financial Officer Peter Williams providing commentary. The company made pleasing progress with its Marketplace strategy, delivering positive metrics across the business. Residential revenue increased 12%, underpinned by solid growth in depth revenue, while Media, Developers & Commercial declined 2% reflecting challenging conditions in the Developer and Commercial markets. Agent Solutions increased 2%, and Domain Insight declined 8% in line with expectations. The company's Digital revenue grew 8% and EBITDA increased 8%. Print revenue was 7% lower, with Print EBITDA reflecting the revenue decline. Corporate overhead reduced 17% due to the timing of expenses between H1 and H2, along with a focus on driving greater productivity. As a result, Group EBITDA growth of 14% exceeded revenue growth of 7%. The company is investing in its technology transformation across three priority areas of Platforms, Personalisation and Privacy/Cybersecurity, which is expected to transform the opportunities available to Domain in the future. Trading for January 2025 has seen new 'for sale' listings increase 3% year-on-year, and FY25 costs are expected to increase in the high single digit percentage range, with stable EBITDA margins expected as the company balances confidence to invest in growth opportunities with efforts to drive productivity.

Domain expects FY25 costs to increase in the high single digit percentage range from the FY24 expense base (excluding discontinued operations) of $254.1 million, reflecting ongoing investment to drive growth opportunities from Domain's Marketplace. Domain expects stable EBITDA margins in FY25.