What’s new: OnTheMarket “OTM” interims show 46% revenue growth and rise in EBITDA margin to 23%, which leads the Board to increase full year guidance:
“revenues to be slightly ahead of expectations
“adj profit to be substantially ahead of expectations to January 2022”
In short, OTM’s interims, for 6 months to 31 July, show:
46% rise in Group revenue to £14.9m, with advertisers rising 5% in 1H to 13,362, and average leads per advertiser rising 26% to 132 per month
55% rise in adj EB ....
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OnTheMarket (OTMP LN) - Substantially ahead of expectations
- Published:
12 Oct 2021 -
Author:
Robin Savage -
Pages:
9
What’s new: OnTheMarket “OTM” interims show 46% revenue growth and rise in EBITDA margin to 23%, which leads the Board to increase full year guidance:
“revenues to be slightly ahead of expectations
“adj profit to be substantially ahead of expectations to January 2022”
In short, OTM’s interims, for 6 months to 31 July, show:
46% rise in Group revenue to £14.9m, with advertisers rising 5% in 1H to 13,362, and average leads per advertiser rising 26% to 132 per month
55% rise in adj EB ....