Onthemarket.com posted strong profits in the first half of the year.
Revenues rose 46% to £14.9 million, while adjusted operating profit rose 163% to £2.1 million. Traffic to our website increased by 36%.
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Jason Tebb, CEO of Onthemarket, commented on “strong financial performance, operational growth and real progress with the strategic goal of building a differentiated, technology-enabled real estate business.”
The group’s stocks have fallen 20% up until this year, but the group has increased its annual revenue forecast, with the expected “well ahead of expectations.”
