Domain Holdings Australia Ltd. (AU:DHG) has released an update.
Domain Holdings Australia Ltd. reported a solid performance for the 2024 fiscal year, with a revenue increase of 13% to $391.1 million and a net profit of $49.4 million. The company attributes this growth to the success of its Marketplace strategy, which delivered strong growth in Depth revenue, audience, and listings, particularly in Sydney and Melbourne. Despite market challenges, Domain is committed to investing in technology and maintaining productivity improvements to continue delivering unique ‘Only on Domain’ experiences.
For further insights into AU:DHG stock, check out TipRanks’ Stock Analysis page.
