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REA Group Ltd ( (AU:REA) ) just unveiled an update.
REA Group Ltd reported strong financial results for the nine months ending March 31, 2025, with an 18% increase in revenue to $1,247 million and a 19% rise in EBITDA excluding associates. The third quarter saw a 12% revenue growth, driven by increased demand following an interest rate cut, which spurred buyer activity and supported house price growth. The company experienced significant growth in its Residential, Commercial, and Financial Services segments, with realestate.com.au strengthening its position as Australia’s top property site, reaching record audiences and extending its lead over competitors.
More about REA Group Ltd
REA Group Ltd operates in the digital real estate industry, providing online property listings and related services. Its primary platform, realestate.com.au, is a leading property website in Australia, offering residential, commercial, and financial services, with a strong market focus on enhancing consumer and owner experiences.
Average Trading Volume: 195,985
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$32.53B
Learn more about REA stock on TipRanks’ Stock Analysis page.