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User:RT at Purplebricks/Purplebricks Operations

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Operations

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Purplebricks is headquartered in Solihull and operates exclusively in the United Kingdom.[1][2] The company suspended operations in the United States and Australia in 2019,[3][4] and its Canadian holding company was sold to the Desjardins Group in 2020.[5] Purplebricks and publisher Axel Springer own a 25.9 percent majority stake in Homeday, a similar German brokerage.[6]

Purplebricks went public in December 2015 and is listed on the AIM section of the London Stock Exchange.[7][8] In 2020, the company reported revenue of £111.1 million and an operating income of -£9.4 million.[1][9][10]

Purplebricks is led by Paul Pindar, the non-executive chairman of the board.[11] Vic Darvey is Purplebricks’ chief executive officer.[11] Andrew Botha is the company's chief financial director.[11]

References

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  1. ^ a b "Purplebricks Group plc Final results for the year ended 30 April 2020" (PDF). Purplebricks. Retrieved 22 May 2020.
  2. ^ Metcalf, Sam (3 August 2021). "'Resilient' Purplebricks ready to focus on UK". TheBusinessDesk.com. UK. Retrieved 4 May 2021.
  3. ^ "Purplebricks to quit Australia". Australian Financial Review. 2019-05-07. Retrieved 2019-05-08.
  4. ^ Clarence-Smith, Louisa. "Purplebricks shuts down cash-hungry American business". ISSN 0140-0460. Retrieved 2020-02-21.
  5. ^ "Desjardins Group acquires Purplebricks and DuProprio". Real Estate Magazine. 15 July 2020. Retrieved 17 June 2021.
  6. ^ "Purplebricks pushes into Germany with Homeday stake purchase". Reuters. 14 October 2018. Retrieved 6 May 2021.
  7. ^ Curwen, Edward (17 December 2015). "Purplebricks valued at £240 million for IPO". The Times. UK. Retrieved 30 April 2021.
  8. ^ "PurpleBricks Group PLC". London Stock Exchange. Retrieved 23 June 2020.
  9. ^ Clark, Jessica (3 August 2020). "Estate agent Purplebricks reports record-breaking July instructions". City A.M. UK: The Blue Bull Limited and NashCo. Retrieved 17 June 2021.
  10. ^ "Purplebricks' instructions fall by 23% year-on-year". Property Industry Eye. UK. 6 August 2014. Retrieved 25 June 2021.
  11. ^ a b c "About Purplebricks Group PLC". Reuters. Retrieved 25 May 2021.
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