• Revenue up 4% to $429m, EBITDA up 5% to $254m
• Australian revenue up 6%, India revenue down 20%
• Record audiences on realestate.com.au with 12.6 million monthly visitors
• Outlook for double-digit residential Buy yield growth and positive operating jaws

REA Group Ltd (ASX:REA) today announced its results for the three months ended 30 September 2025, reporting revenue of $429m, up 4% year-on-year, and EBITDA excluding associates of $254m, an increase of 5%. The Australian business saw revenue grow 6%, driven by strong yield growth in a healthy property market, as customers continued to adopt premium products. The India business revenue declined 20%, however the Housing.com business remains a strategic priority. The group delivered record audiences on realestate.com.au, with 12.6 million monthly visitors on average. Looking ahead, the group expects the Australian residential property market to remain healthy, with strong buyer demand and continued house price growth. The group is targeting double-digit residential Buy yield growth, including a 7% national average Premiere+ price rise, as well as positive operating jaws. Group core operating expenses are expected to increase mid single-digits, which reflects high single-digit growth for Australia, the consolidation of iGUIDE, divestment of PropTiger and exiting Housing Edge. EBITDA losses in India will be impacted by the exit of Housing Edge and are expected to be in the range of $40-45m. Contributions from combined associates' losses are expected to improve modestly compared to the prior year.

The group is targeting double-digit residential Buy yield growth, including a 7% national average Premiere+ price rise, as well as positive operating jaws. Group core operating expenses are expected to increase mid single-digits. EBITDA losses in India will be in the range of $40-45m.

The Australian residential property market is expected to remain healthy, with strong buyer demand and continued house price growth. The group's expectation for national residential Buy listing volumes to be broadly in line with last year's healthy market is unchanged. The group continues to target double-digit residential Buy yield growth and positive operating jaws.