32.3 C
Bangkok
Monday, May 6, 2024

PropertyGuru Beats Adjusted EBITDA Forecast in Strong Full Year 2021 Performance

Delivers S$100.7 Million in Full Year Revenue, Growing 22.7% Over Previous Year

  • Singapore marketplace revenue increased 19.9% to S$56.0 million

  • Malaysia marketplace revenue increased 86.0% to S$14.7million1

  • On track to achieve 2022 guidance of 44.0% year-on-year revenue growth and return to full year positive Adjusted EBITDA

SINGAPORE, April 14, 2022–(BUSINESS WIRE)–PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or “the Company”), Southeast Asia’s leading2, property technology (“PropTech”) company, today announced the Company’s financial results for the full year ended December 31, 2021. The Company ended 2021 with solid momentum, delivering strong operational and financial performance as multiple key markets emerged from COVID-19 restrictions.

Management Commentary

Hari V. Krishnan, Chief Executive Officer and Managing Director, PropertyGuru, said “2021 was a…

Read more…

Latest Articles