What’s new: Following its November trading updates (n.b. fall in instructions, circa £58m net cash and need for a provision for claims relating to its lettings business), Purplebricks has released its interim results to 31 October, which reveal:
7% fall in revenues to £41.3m
- 29% fall in total fee income to £34.7m
- 38% fall in number of instructions to 21,131
- 15% rise in average revenue per instruction to £1,642


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Purplebricks (PURP LN) - Interims better than last update
- Published:
31 Jan 2022 -
Author:
Robin Savage -
Pages:
3 -
What’s new: Following its November trading updates (n.b. fall in instructions, circa £58m net cash and need for a provision for claims relating to its lettings business), Purplebricks has released its interim results to 31 October, which reveal:
7% fall in revenues to £41.3m
- 29% fall in total fee income to £34.7m
- 38% fall in number of instructions to 21,131
- 15% rise in average revenue per instruction to £1,642