Welcome to our dedicated page for PROPERTYGURU GROUP news (Ticker: PGRU), a resource for investors and traders seeking the latest updates and insights on PROPERTYGURU GROUP stock.
PropertyGuru Group Ltd (PGRU), Asia's leading digital property marketplace, provides this centralized hub for investors and industry professionals to track official company developments. Access timely updates including quarterly earnings reports, strategic partnerships, product innovations, and leadership announcements.
Our curated news feed delivers essential information about PGRU's expansion across Southeast Asian markets, technology advancements in property search solutions, and regulatory compliance updates. Users will find press releases detailing new market entries, data-driven industry analyses, and operational milestones.
Key updates cover PGRU's initiatives in digital real estate transformation, including mobile platform enhancements, artificial intelligence applications in property matching, and sustainability efforts within the property tech sector. Monitor updates on the company's marketplace growth in Singapore, Thailand, Malaysia, and Vietnam.
Bookmark this page for verified updates on PGRU's financial performance, corporate governance changes, and competitive positioning within the proptech industry. Check regularly for announcements impacting property seekers, real estate professionals, and market analysts across Asia's dynamic housing markets.
PropertyGuru Group Limited (NYSE: PGRU) reported a significant financial performance for the fourth quarter and full year 2022. Total revenue rose by 35% to S$136 million for the year, with a 17% increase to S$40 million in Q4. The adjusted EBITDA improved substantially to S$14 million from a loss of S$10 million in 2021. Notably, the company achieved a positive adjusted EBITDA of S$5 million in Q4, compared to a loss of S$4 million in the previous year. Despite a net loss of S$5 million in Q4, PropertyGuru's strategic acquisitions and robust engagement market share in Southeast Asia indicate promising long-term growth potential. The outlook for 2023 estimates revenues between S$160 million and S$170 million.
PropertyGuru Group Limited (NYSE: PGRU), Southeast Asia's leading property technology company, has announced it will release its fourth quarter and full year 2022 financial results on March 1, 2023. A conference call will take place at 8:00 AM EST to discuss these earnings and the company's outlook. This call follows a period where PropertyGuru has positioned itself as the preferred platform for over 44 million property seekers monthly, highlighting its robust marketplace with more than 3.5 million real estate listings.
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