Press Releases (developers and more)
PropertyGuru Reports Second Quarter 2022 Results
PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading[4], property technology (“PropTech”) company, today announced financial results for the quarter ended June 30, 2022[5]. Net income and Adjusted EBITDA[6] were S$3.8 million and S$3.0 million, respectively, which compares to a net loss of S$139.8 million[7] and Adjusted EBITDA loss of S$2.0 million in the prior year period. Revenue of S$33.0 million in the second quarter 2022 increased 44% year over year.