Another very successful year for ZPG

November 30, 2016

Zoopla Property Group Plc today announces its full year results for the twelve months ended 30 September 2016.

The announcement headlined ‘ZPG DELIVERS RECORD REVENUES AND PROFITS’

Commenting on today’s announcement Alex Chesterman, Founder & CEO of ZPG said: “The Group has had another very successful year and we are stronger and more diversified than ever. We delivered record revenues and Adjusted EBITDA of œ197.7million and œ77.1million respectively and continued to grow our huge and highly engaged consumer audience with over 600m visits to our websites and apps during the year. We continue to lead innovation in the property and comparison markets as we work towards fulfilling our mission of providing the most useful resources for consumers when finding, moving and managing their home and being the most effective partner for related businesses.

ÿ“Our Property Services division has traded in line with management expectations with ARPA3 growth across every vertical and we have now seen 18 consecutive months of UK Agency partner growth. The acquisition of Property Software Group has been transformational, allowing us to offer the UK’s only end-to-end solution for property professionals including software, workflow, CRM and marketing tools. As a Group, we now have significant cross-sell opportunities with over 23,000 unique Property partners taking at least of one of our services.

ÿ”Our Comparison Services division has performed very strongly with record levels of switching activity and leads in every vertical helping consumers find the best deals and save over œ320m off their energy bills alone during the Period.

ÿ“We generated over 53m leads across the Group for our partners during the year, helping them to win more business and operate more efficiently. We have launched a number of new market-leading products as well as investing and partnering with some of the most innovative and relevant technology startups to further enhance and differentiate our proposition.

ÿ”We are also pleased to announce today the acquisition of Technicweb, one of the UK’s leading estate agency website design and hosting businesses as well as our investment in and strategic partnership with Neos, the UK’s first connected home insurance provider.”

To read the ZPG full year results in detail click here

 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Breaking Property News 20/10/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Rightmove’s £1.45bn forty minute lawsuit Thought leadership by Olivier Jauniaux Founder of NestLink ‘It takes about forty minutes to find a house on Rightmove according to the portal’s own disclosure. You set the filters, you scroll, you save three, you send one to your partner with the…
Read More →
Breaking News

The six shocking ways first-time buyers are being caught out

Unexpected costs hit 70% of first-time buyers, causing rising anxiety for almost a third of people Over 60% of buyers also face mortgage rejection when finding their dream home Solicitor delays and “waiting around” among the highest drivers of anxiety and stress The First Time Buyer Anxiety Index 2026 delves into the main pain points…
Read More →
Breaking News

FTBs reveal real cost of homeownership

Six in 10 first-time buyers say getting onto the property ladder came at the expense of their quality of life From holidays and hobbies to careers and starting a family, first-time buyers reveal the true cost of homeownership New research by Yopa has revealed that 61% of first-time buyers say saving for their first home had…
Read More →
Breaking News

Supply of family-suitable homes falls across the nation

England is facing a growing shortage of large family homes, according to new analysis from UK Property Development (UKPD), creating increasing challenges for buyers leaving London in search of more space, better quality of life, and access to one of the capital’s most desirable commuter regions. UKPD analysed live property listings data* and found that,…
Read More →
Breaking News

84% of agents fear Autumn Budget anti-climax

Agents welcome first-time buyer support but 84% fear Autumn Budget housing anti-climax The latest industry insight from GetAgent.co.uk has revealed that estate agents believe first-time buyers are most in need of government support and, while the recent announcement of a new first-time buyer scheme will likely be welcomed by the industry, 84% are sceptical as…
Read More →
how to present your property for sale
Estate Agent Talk

The Budget – Residential Property

Thoughts from Lisa Wilson, Partner at law firm Spencer West LLP: “Chancellor John Healey, as many Chancellors before him, has the unenviable task of achieving balance in UK taxation and spending. Whilst there have been a few property rumours in the press, they are notably quieter than in years gone by. Over the Summer months…
Read More →