Purplebricks revenue doubles but losses widen

By Guy Montague-Jones2018-07-05T08:00:00

Source: Shutterstock/James W Copeland

Purplebricks’ revenue has more than doubled over the past year but its losses have widened to £26.2m due to the cost of breaking into new markets in Australia and the US.

Group revenue increased by 101% to £93.7m with the UK accounting for £78.1m, up 81% year on year, according to full year results published this morning.

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