REA Group Q1 FY27 Financial Results
Key points
- Revenue of $450m, up 11% YoY
- EBITDA excluding associates of $294m, up 12% YoY
- Record engagement with a 9% increase in active members
Full summary
REA Group Ltd announced its Q1 FY27 financial results, highlighting a revenue increase of 11% to $450m and EBITDA (excluding associates) up 12% to $294m. The company experienced strong double-digit controllable yield growth in its core residential business. Engagement metrics also improved with a 9% increase in active members and 13% more properties tracked by owners. Despite challenges in the market, REA Group remains focused on productivity and cost management.
Outlook
REA Group expects low single-digit declines in national Buy listings for FY27, with operational margin expansion and low double-digit yield growth targeted.
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