Buymyplace.com.au 

BMP Details

For the six months ended 31 December 2016, Buymyplace.com.au Ltd revenues increased from A$443K to A$1mn, while net loss increased from A$134K to A$1.7mn. While revenue was driven by an increase in demand for the company's products and services due to favorable market conditions, increase in salaries and employment expenses (A$90k to A$796k) led to higher net loss during the period.

On operations front, BuyMyplace has reported 4,000^th property sale, with around $2.1billion in property value sold as on May 18, 2017. The commission free real estate company continues to experience sturdy growth, despite market declines and is also moving forward with its planned acquisition growth strategy. The company has also confirmed the appointment of Linda Dillon to the role of Head of Acquisitions and Integration to spearhead its proactive acquisition and partnership strategy. Linda has more than 15 years’ experience in CFO roles for ASX listed companies and global entities. Over the last eight years Linda has supported a range of ASX entities during IPO, capital raising and refinancing phases.

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