Trade Zillow Group Inc - ZG CFD

Zillow Group Inc Company profile

About Zillow Group Inc

Zillow Group, Inc. owns and operates a portfolio of real estate brands on mobile applications and Websites. The Company’s segments include Homes, Internet, Media & Technology (IMT), and Mortgages. The Homes segment provides financial results of purchase and sale of homes through Zillow Offers and the financial results from title and escrow services through Zillow Closing Services. The IMT segment includes the financial results for the premier agent, rentals and new construction marketplaces, dotloop, display, and other advertising and business software solutions. The Mortgages segment includes financial results for mortgage originations through Zillow Home Loans, advertising sold to mortgage lenders and other mortgage professionals, as well as Mortech mortgage software solutions. Its affiliates and subsidiaries include Zillow, Zillow Offers, Zillow Premier Agent, Zillow Home Loans, Zillow Homes, Inc., Trulia, Out East, ShowingTime, Bridge Interactive, dotloop, StreetEasy and HotPads.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Zillow Group Inc revenues increased from $3.34B to $8.15B. Net loss increased from $162.1M to $527.8M. Revenues reflect Homes segment increase from $1.72B to $6.02B, IMT segment increase of 30% to $1.89B, Mortgages segment increase of 41% to $245.8M. Higher net loss reflects Homes segment loss increase from $303.5M to $820.5M, Mortgages segment loss totaling $51.8M vs. income of $4.4M.

Equity composition

Common Stock $0.0001 Par, 7/11, 600M auth., Class A Common Stock 17,430,277 issd. Insiders own 15.96%. Class B Common Stock 15,000,000 auth., 9,528,313 issd.