REA Group Ltd
ASX:REA

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REA Group Ltd Logo
REA Group Ltd
ASX:REA
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Price: 190.25 AUD -0.82%
Market Cap: 25.1B AUD

REA Group Ltd
Investor Relations

In the bustling landscape of digital real estate, REA Group Ltd stands as a towering presence, navigating the complexities of property markets with innovative strategies. Based in Australia, this company began its journey modestly but rapidly transformed into a digital juggernaut. The core of its operations revolves around its flagship website, realestate.com.au, among other digital platforms. These platforms serve as quintessential marketplaces for property buyers, sellers, and real estate agents, providing a seamless experience to explore and list properties. The company's primary source of revenue stems from the myriad of advertising products it offers to agents, property developers, and related businesses, transforming the traditional property advertisement paradigm into a sophisticated data-driven approach.

With a knack for harnessing technology, REA Group does more than merely listing properties; it thrives on personalized services and detailed analytics that cater to both consumers and industry professionals. It creates a rich tapestry of data insights, offering tools that enhance the user experience while providing market intelligence to stakeholders. As real estate dynamics evolve, the company continues to broaden its horizons by integrating related services such as financial products and personalized market insights, which not only augment its revenue streams but also solidify its position as a pioneering force in the digital real estate ecosystem. Through these endeavors, REA Group not only captures the pulse of the real estate market but also shapes it, consistently aligning its growth with technological advancements and consumer needs.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Nov 6, 2025
AI Summary
Q1 2026

Revenue Growth: REA Group reported first quarter revenue of $429 million, up 4% year-on-year, driven by strong residential yield growth.

Yield Strength: Residential buy yield increased by 13% in Q1, powered by a 7% Premiere+ price rise and higher penetration of premium products like AMAX and Luxe.

Audience Leadership: The platform achieved record audience numbers, including 12.8 million unique visitors in August and a monthly audience gap of 111 million visits over the nearest competitor.

AI Investment: Substantial and accelerating investment in AI is enhancing product offerings, consumer experiences, and productivity, with new AI-powered features launched.

Cost Management: Core operating expenses rose 3% overall, with Australian costs up 10% and India down 22%, maintaining positive operating leverage.

India Refocus: REA exited non-core Indian businesses (PropTiger and Housing Edge), focusing solely on Housing.com, which led to a 20% year-on-year revenue decline for REA India.

Guidance Reiterated: Management reaffirmed targets for double-digit residential buy yield growth, positive operating jaws, and mid-single-digit group core cost growth for the year.

M&A & Strategy: Recent acquisition of a controlling stake in Planitar (iGuide) to bolster 3D virtual tour capabilities; management sees strategic M&A as focused on EPS accretion and tech/IP gains.

Key Financials
Revenue
$429 million
Operating Expenses (Core Operations)
$175 million
EBITDA (excluding associates)
$254 million
Residential Buy Yield
up 13%
National New Buy Listings
down 8%
Rent Listings
down 2%
Premiere+ Price Rise
7%
AMAX Penetration
more than doubled
Active Membership Base
up 10% year-on-year
Listings Shared and Saved by Members
up 11% year-on-year
Seller Leads Delivered to Customers
up 35% year-on-year
Unique Audience Leadership Gap
gap extended by 14%
Exclusive Monthly Audience
6.7 million
Average Monthly Visits
148 million
Monthly Buyer Inquiries
highest in 3.5 years
Commercial Revenue Price Rise
7%
New Homes Project Volume
up 7%
Financial Services Broker Leads
up 33% year-on-year
Financial Services Submissions
up 24% year-on-year
Financial Services Settlements
up 16% year-on-year
REA India Revenue
down 20% year-on-year
Associates Contribution to Core EBITDA
$7 million loss
Earnings Call Recording
Other Earnings Calls

Management

Mr. Owen James Wilson A.C.A., B.Com.
CEO & Executive Director
No Bio Available
Mr. Steve Maidment
Chief Technology Officer
No Bio Available
Ms. Alice Bennett
Executive Manager of Investor Relations
No Bio Available
Ms. Tamara Kayser B.Com., L.L.B., L.L.M.
Chief Legal Officer & Company Secretary
No Bio Available
Ms. Natalie Cerny
Head of Corporate Affairs & Communications
No Bio Available
Elisa Nerone
Chief People & Sustainability Officer
No Bio Available
Ms. Val Brown
Chief Consumer Product Officer
No Bio Available
Ms. Melina Cruickshank
Chief Product & Audience Officer
No Bio Available
Mr. Kul Singh
Chief Customer Officer
No Bio Available
Mr. Anthony Waldron
Chief Executive Officer of Financial Services & Mortgage Choice
No Bio Available

Contacts

Address
SOUTH AUSTRALIA
Adelaide
Level 1, 169 Fullarton Road, Dulwich
Contacts
+61300853440.0
www.rea-group.com