Rightmove (LON:RMV) Full Year 2023 Results
Main financial results
-
Revenue: GBP 364.3 million (9.5% increase compared to 2022).
-
Net profit: 199.2 million British pounds (1.8% increase compared to 2022).
-
Profit margin: 55% (down from 59% in FY2022). The decrease in profit margin was due to an increase in expenses.
-
EPS: GBP 0.24 (up from GBP 0.23 in financial year 2022).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Rightmove meets your expectations
Sales were in line with analyst forecasts. Earnings per share (EPS) were also in line with analyst expectations.
Looking ahead, revenues are expected to increase by an average of 6.2% over the next three years, compared to a growth forecast of 7.9% for the UK Interactive Media and Services industry.
performance of UK Interactive Media and Services Industry.
The company's stock price is almost unchanged from a week ago.
balance sheet analysis
While revenue is important, another area to consider is the balance sheet.we have A graphical representation of Rightmove's balance sheet and detailed analysis of the company's financial position.
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
