IN BRIEF: OnTheMarket swings to loss; reports strong start to new year
OnTheMarket PLC - Aldershot, England-based property search portal operator - Swings to a pretax loss of GBP928,000 in the year ended January 31, from a profit of GBP1.1 million the previous year. Revenue climbs to GBP30.4 million from GBP23.0 million. Explains that agency revenue benefited from growth in paying customers during the latter part of the year ended January 31, 2021. This allowed the company to start its most recent financial year with a higher monthly revenue run rate, it explains. Reports a "positive" start to the current financial year, in line with board expectations.
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