PropertyGuru Reports Second Quarter 2024 Results
PropertyGuru Group Limited Ordinary Shares (PGRU)
Company Research
Source: Business Wire
Revenue of S$41 Million and Adjusted EBITDA of S$7 MillionTotal revenue grew 10% to S$41 million in the second quarter of 2024, with growth from Vietnam as market conditions continue to improveAdjusted EBITDA grew to S$7 million in the second quarter of 2024, up 48% from S$5 million in the second quarter of 2023Adjusted EBITDA margin of 17% in the second quarter of 2024, up from 13% in the second quarter of 2023 SINGAPORE--(BUSINESS WIRE)--PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading1, property technology (“PropTech”) company, today announced financial results for the quarter ended June 30, 2024. Revenue of S$41 million in the second quarter of 2024 increased 10% year over year. Net loss was S$16 million in the second quarter and Adjusted EBITDA2 was positive S$7 million. This compares to net loss of S$6 million and Adjusted EBITDA2 of positive S$5 million in the second quarter of 2023.Financial Highlights – Second Quarter 2024
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- EQT AB (publ) Q3 Announcement 2024 [Yahoo! Finance]Yahoo! Finance
- Southeast Asian startups shouldn't have to go to the U.S. for capital. Here's how to help them raise money closer to home [Fortune]Fortune
- PropertyGuru Announces Shareholders' Approval of Merger Agreement [Yahoo! Finance]Yahoo! Finance
- PropertyGuru Announces Shareholders’ Approval of Merger AgreementBusiness Wire
PGRU
Sec Filings
- 11/12/24 - Form SC
- 11/5/24 - Form SC
- 10/9/24 - Form 6-K
- PGRU's page on the SEC website