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Purplebricks Group PLC - Solihull, England-based online estate agent - Continues to expect revenue of £70 million and to swing to a loss before interest, tax, depreciation, and amortization loss of £8.8 million for the year ended April 30, unchanged from the guidance in its last trading update in May. Company says it will report its full-year results in the first week of August.
In financial 2021, Purplebricks posted revenue of £90.9 million and an adjusted Ebitda of £12.0 million. Guidance for the recently ended year would represent a 23% decline in revenue.
Current stock price: 15.00 pence, up 2.7% in London on Tuesday
12-month change: down 82%
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