iProperty Group Ltd (ASX: IPP) the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com) in Malaysia, Indonesia, Hong Kong, Macau and Singapore today announced its results for the first half of 2014.
Revenues for the first half year were $11.0m up 44% over the same period last year. EBITDA increased significantly by $3.2m to $30k versus the ($3.2m) EBITDA loss recorded in the previous comparable period.
This result was driven by strong revenue growth ...Continue Reading → Share
iProperty Group Ltd, (ASX:IPP), the owner of Asia’s No. 1 network of property portal sites and related real estate services, recently released its 4C statement demonstrating the strong organic growth of the business in the second quarter as well as first half of 2014.
Cash receipts for the second quarter were A$6.0 million resulting in a net operating cash inflow of A$0.2m. Cash receipts for the first half of 2014 were A$11.3m, up 26% on the same period last year.Continue Reading → Share