By Frances Ivens2018-07-06T06:39:00
Shares in Purplebricks Group rose marginally on Thursday to 318.8p despite the release of the company’s results which revealed a £26.2m loss 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. However, losses rose £20.2m from £6m last year.
You must be logged in to continue
Register for free to finish this article.
Sign up now for the following benefits:
To access this article REGISTER NOW
Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.