Purplebricks UK, Australia and USA have beaten our expectations for FY17. Following new management guidance, our UK revenue forecast rises 11% to £80m and our FY19e revenue forecast rises 6% to £110m. This revenue growth follows an increase in LPEs, which requires an increase in recruitment, training and infrastructure costs, as well as increase in marketing spend. For FY18e our forecast EBIT before marketing costs and SBP rises £2.6m to £33.3m and our adj EBITDA ex sh ....