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

Rightmove logo
Breaking News

Buyer demand bounces back after May heatwave

New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand has bounced back after a temporary dip due to the May heatwave during the school holidays Starting on May 22nd, buyer demand dropped by 8% over the course of the heatwave week, as potential buyers held off from booking viewings to…
Read More →
Breaking News

Breaking Property News 11/6/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Leasing decisioning platform set to scale with new injection of investment Findigs, the AI-native leasing decisioning platform that helps residential operators across the U.S. improve revenue and grow their bottom line, announced that it closed a $32 million Series C funding round led by…
Read More →
Breaking News

Cost of void periods climbs by as much as 53% for landlords

Landlords face growing pressure on profits as the cost of void periods climbs by as much as 53%.   The latest research by property management specialist, Rushbrook & Rathbone, has found that the average cost to landlords as a result of void periods between tenancies has climbed by as much as 52.9% across some areas…
Read More →
Breaking News

Lack of Supply Keeps Upward Pressure on Rents

More ‘affordable’ areas see rents rise two times faster than the national average    Rents are rising 5% on average in more affordable areas where rents are below £750pcm – over twice the national average of 2.1% Regionally, Carlisle (+9.1%), Kilmarnock (+9%) and Halifax (+6.5%) are among the fastest-rising markets where rents are rising quickly…
Read More →
Rightmove logo
Breaking News

First-time buyer price hotspots revealed

New analysis from the UK’s largest property platform Rightmove, reveals where first-time buyer prices are rising fastest across Great Britain Bridlington in East Riding of Yorkshire (£167,321) and St Helens in Merseyside (£133,106) lead the way, with average asking prices up 18% compared to last year Falkirk (+17% to £118,327) and Hartlepool (+12% to £104,76)…
Read More →
Breaking News

Summer set to bring seasonal spike in homeseller activity

The latest analysis by Foxtons has revealed that while autumn is traditionally the busiest time of year for the property market, summer is the ideal time for homeowners to get their property ready and listed if they want to take advantage of the heightened buyer activity still to come in 2026. Foxtons analysed government property transaction…
Read More →