- Another very strong result delivered to investors
- Double-digit revenue growth again, up 11.3% on F16
The Classifieds continued to enjoy success. Overall revenue across the three businesses was up 11.3 per cent year-on-year to $125.5m, and growth was stronger in the second half of the financial year.
We maintained a focus on improving the value our products provide to our customers and generating premium revenue.
Trade Me Jobs has continued to perform strongly with revenue increasing by 25.0 per cent year-on-year, driven by a 58.5 per cent increase in sales of premium products.
Trade Me Motors reported a revenue increase of 8.2 per cent year-on-year. Strong dealer premium revenue growth continued across F17, up 26.8 per cent on F16.
Trade Me Property reported revenue growth of 7.3 per cent year-on-year. Revenue derived from premium products sold to our real estate agent clients was up 32.4 per cent year-on-year.