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REA Group Ltd (ASX:REA)

ALERT: Price-sensitive ASX Announcement for REA
Current share price for REA : $158.660 -15.82 (-9.07%)+
Announcement
Release
8 May 2026 8:10AM
Price at Release
$174.480
Full Release
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Summary
The REA Group Ltd announced its financial results for the third quarter of FY26, reporting a 6% increase in revenue to AUD 398 million, with significant contributions from residential and commercial sectors. The company achieved a 12% rise in residential revenue due to increased Buy yield and listings, alongside strong performance in financial services. Operating EBITDA excluding associates grew by 11%, and the group successfully managed operating costs, which rose by only 1%. REA Group also launched iGUIDE Australia, which enhanced revenue streams.
Key Points
  • REA Group reported a 6% increase in revenue to AUD 398 million for Q3 FY26.
  • Operating EBITDA excluding associates rose by 11% to AUD 220 million.
  • Residential revenue saw a 12% increase, driven by a 14% rise in Buy yield and a 1% growth in national listings.
  • Commercial and New Homes revenue also saw double-digit growth.
  • REA Group's financial services segment experienced strong performance with a 21% increase in settlements.
  • iGUIDE Australia launched operations, contributing to revenue growth.
  • Group operating costs increased by 1%, but excluding M&A, costs rose by 5%.
  • REA Group anticipates a residential Buy yield growth of approximately 13% for FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.