Purplebricks Group, the AIM-listed hybrid estate agent group reports revenue up 150% to £46.8mfor the six months to the end of October.
Broken down geographically, UK revenue was up 118% to £39.9m while Australian revenue increased to £6.8m.
UK revenue guidance for the full year was upgraded 5% from £80m to £84m reflecting a strong first half. The company is also on-course to achieve full year revenue guidance of £12m in Australia.
The company also revealed that UK business adjusted EBITDA increased to £4.7m and UK online market share increased to 74%.
From an operational perspective, Purplebricks pointed out that percentage market share in Australia was higher than UK after first anniversary and that US expansion was ahead of plan.