London · Delayed Price · Currency is GBP · Price in GBX Rightmove Earnings Call Transcripts
Fiscal Year 2025
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Delivered 9% revenue and profit growth, record engagement, and strong innovation in 2025. Strategic growth areas outpaced core, with robust cash returns and new AI-driven products. 2026 guidance targets 8–10% revenue growth and continued investment in technology.
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A multi-year strategy focuses on digital ecosystem leadership, AI-driven innovation, and platform modernization, with significant investment in technology and people. Revenue growth of 8%-10% is targeted through 2028, with sustainable double-digit growth by 2030, while maintaining strong shareholder returns.
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Revenue grew 10% year-over-year in H1 2025, with strong ARPA and membership gains across core and strategic segments. Underlying operating profit rose 9%, and GBP 112 million was returned to shareholders. Guidance for 2025 is reaffirmed, with continued investment in technology and product innovation.
Fiscal Year 2024
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Revenue grew 7% in 2024, with strong ARPA and SGA growth, 70% operating margin, and all surplus cash returned to shareholders. Guidance for 2025 is raised to 8–10% revenue growth, with continued investment in tech and product innovation.
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Revenue grew 7% year-over-year, led by lettings and strategic growth areas, with strong ARPA and cash generation. Guidance for 2024 is unchanged, targeting 7–9% revenue growth and a 70% margin, while innovation and AI adoption accelerate. Market recovery is uneven, but medium-term double-digit growth ambition remains.