Idealista Holding Company Sees Net Profit Rise 156% for 2019

August 11, 2020
Share this Post: 

The holding company which controls #1 Spanish portal company idealista reported growth across the board for the financial year 2019. Among highlights of the report filed by Idealista International were:

  • Net profit of €37 million. A 156% increase from 2018

  • EBITDA of €38 million. A 144% increase from 2018 

  • €652,000 paid in taxes. 28% more than 2018

  • Equity of €149 million compared to €174 in 2018

Idealista also owns and operated the leading property portal in Portal in Portugal as well as the #2 portal in Italy where the company recently bought out two companies that supply software to the estate agent market. The firm has yet to announce any financials related to any period since the onset of the global pandemic in March, but according to El País, has conducted a preliminary study which concluded that the company could suffer from liquidity risks that affect dividends.

August 11, 2020
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Zumper Movoto Deal
US Portal Operators OJO Labs and Zumper Sign Listings Deal

The US real estate portal operator OJO Labs has announced that it has signed a listings partnership deal with rental...

Read More
Women In Tech Rea And Zoopla
REA Group and Zoopla Backing Women in Tech Initiatives

Both leading Australian portal operator REA Group and British property portal Zoopla have today announced measures to back women in...

Read More
Idealista Apartments Barcelona
Idealista Wins Legal Fight Over Responsibility of Listings Content in Barcelona

Authorities in the Spanish region of Cataluña have closed the cases against Idealista which could have seen the portal company...

Read More
Alma Media House Symmetry
Alma Media Q3 Figures Show a Healthy Company as Stock Trades at Record High

Alma Media, the operator of Finland's two largest real estate marketplaces, has released figures from its Q3 that show record...

Read More

Popular News