Property_website_Rightmove_defies_market_to_hit_ne ... - Introducer Today
Rightmove today announced an astonishing year, in which it saw a 26% rise in revenues for 2010, record pre-tax profits and a 2% rise in membership.
Turnover stood at £81.6m, compared with £64.5m in 2009, with a pre-tax profit of £52.2m.
The portal also told shareholders that its market share among the top four in the UK portal market now stands at 82% in terms of pages viewed.
Releasing its full year results for the 12 months ended December 31, 2010, Rightmove said its results show strong performance across all key metrics.
Rightmove had a record-breaking year of website traffic with page impressions rising 17% to 7.6bn.
The number of advertisers on Rightmove now stands at 18,042, a 2% increase thanks to high retention rates and more estate agency and lettings branches opening.
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