How did ASX 200 listed REA Group deliver stellar FY21 results?

Summary

REA Group has delivered exceptional results for FY21 with an increase of 19% in full-year dividend.

Revenue grew by 13%, and net profit registered an increase of 18%¸ driven by a “strong residential market recovery”.

The flagship site realestate.com.au is now the 8th largest online brand overall in Australia.


ASX:REAdigital advertising

Another defining year has made REA’s flagship site realestate.com.au the eighth largest online brand overall in Australia. The company has successfully expanded its network across three continents of Australia, Asia, and North America. REA owns several subsidiaries under its umbrella.


Read More: https://kalkinemedia.com/au/stocks/infrastructure-and-real-estate/how-did-asx-200-listed-rea-group-deliver-stellar-fy21-results

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