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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
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Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Media

Rightmove H1 revenue rises 10% as agents embrace premium packages

Rightmove PLC (LSE:RMV) has reported a solid set of half-year results, showing revenue up 10% to £211.7 million and operating profit rising by the same margin to £145.4 million for the six months to 30 June 2025. The company credited strong take-up of premium products and sustained demand from partners as key drivers.

The UK property portal said its strategic growth areas—Commercial Property, Mortgages, and Rental Services—saw combined revenue climb 37% year-on-year. Notably, the mortgage business more than doubled its revenue to £4.5 million, while its end-to-end rental platform added hundreds of new partners.

Average Revenue per Advertiser rose by £112, with estate agents and developers increasingly subscribing to Rightmove’s upgraded offerings such as Optimiser Edge and Ascend. Estate agency retention hit its highest level in over ten years, helped by new agent formation and confidence returning to the housing market.

CEO Johan Svanstrom said: “These results highlight the strength of our platform and how we serve our long-term partners with products tailored to their circumstances and needs.”

Rightmove also returned £112.4 million to shareholders through dividends and share buybacks, while holding £42.4 million in cash at the period end. With housing demand and agent activity showing signs of recovery, the company reiterated its full-year guidance and remains confident in its growth outlook.

The board expects 8–10% revenue growth for 2025, driven by product innovation and increased engagement across both consumer and partner channels.

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