Brief: Onthemarket Plc Sees FY Adj Oper Profit To Be Substantially Ahead Of Expectations

OnTheMarket

12/10/2021 07:15

Oct 12 (Reuters) - Onthemarket PLC  OTMPO.L :
    * H1 ADJUSTED OPERATING PROFIT ROSE 163 PERCENT TO 2.1
MILLION STG
    * HY REVENUE AND ARPA UP 46% AND 52% RESPECTIVELY
    * HY PROFIT AFTER TAX £0.5M VERSUS £0.7M; HY GROUP REVENUE
£14.9M
VERSUS £10.2M
    * CONTINUED STRONG OPERATIONAL PERFORMANCE, WITH TRAFFIC AND
AVERAGE MONTHLY LEADS PER ADVERTISER UP VERSUS BOTH H1 AND H2
20/21
    * ONTHEMARKET - ANTICIPATES REVENUES TO BE SLIGHTLY AHEAD OF
EXPECTATIONS AND ADJUSTED OPERATING PROFIT TO BE SUBSTANTIALLY
AHEAD OF EXPECTATIONS FOR FY TO 31 JAN 2022

Source text for Eikon:  ID:nRSL7115Oa 
Further company coverage:  OTMPO.L 

 ((Reuters.Briefs@thomsonreuters.com;))