What’s new: OnTheMarket’s trading update reveals “Group’s operational performance has continued to be strong” with continued “focus on disciplined operational and cost management.”
Key points include:
- FY(Jan)22 revenue “expected to be slightly ahead of market consensus” (Bloomberg: £30.45m)
- Cost of new website and brand launch “capitalised rather than expensed”
- FY(Jan)22 Group adjusted operating profit “will be at least £2.5m”
Outlook: “The Directors believe the outlook for the G ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
OnTheMarket (OTMP LN) - Trading ahead of expectations
- Published:
21 Jan 2022 -
Author:
Robin Savage -
Pages:
3
What’s new: OnTheMarket’s trading update reveals “Group’s operational performance has continued to be strong” with continued “focus on disciplined operational and cost management.”
Key points include:
- FY(Jan)22 revenue “expected to be slightly ahead of market consensus” (Bloomberg: £30.45m)
- Cost of new website and brand launch “capitalised rather than expensed”
- FY(Jan)22 Group adjusted operating profit “will be at least £2.5m”
Outlook: “The Directors believe the outlook for the G ....