• Quarterly operating revenue of A$20.0m and EBITDA of A$1.6m
• 360 LATAM revenue down 18% on pcp, MMG revenue up 9% on pcp, FDV Asia revenue up 41% on pcp
• Pathway to positive free cash flow in 2025 through optimising revenue mix, product set and operational efficiency

Frontier Digital Ventures Ltd (FDV) reported its Q4 2024 trading update, with quarterly operating revenue of A$20.0m and EBITDA of A$1.6m. The company's 360 LATAM business reported revenue of A$11.8m, down 18% on the prior corresponding period (pcp), primarily driven by lower transactions and advertising revenue at InfoCasas. However, Encuentra24, Fincara??z and Yapo all grew revenue in Q4. MMG achieved record revenue of A$2.9m, up 9% on pcp, driven by strong auto transaction revenue at Avito. FDV Asia (Consolidated) reported revenue of A$1.8m, up 41% on pcp, with iMyanmarHouse delivering record revenue. FDV's associates, Zameen and PakWheels, reported combined revenue of A$3.5m, up 17% on pcp. The company is focused on achieving positive free cash flow in 2025 by optimising its revenue mix, product set and operational efficiency across the group. This includes expanding higher-margin subscription and advertising products, resetting the transactions model in select markets, and improving cost efficiency and capital allocation. The strategic review of 360 LATAM is progressing, with a focus on unlocking and maximising shareholder value.

FDV is committed to achieving positive free cash flows in 2025 by optimising revenue mix, product set and operational efficiency to grow sustainably.