Purplebricks Group First Half 2023 Earnings: UK£0.048 loss per share (vs UK£0.066 loss in 1H 2022)

Purplebricks Group (LON:PURP) First Half 2023 Results

Key Financial Results

  • Revenue: UK£34.5m (down 17% from 1H 2022).

  • Net loss: UK£14.6m (loss narrowed by 28% from 1H 2022).

  • UK£0.048 loss per share (improved from UK£0.066 loss in 1H 2022).


All figures shown in the chart above are for the trailing 12 month (TTM) period

Purplebricks Group Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.7% decline forecast for the Real Estate industry in the United Kingdom.

Performance of the British Real Estate industry.

The company's shares are down 6.5% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Purplebricks Group that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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