The tech-led agency is sticking to its previous indications of adjusted EBITDA of a loss of £8.8m for the year on revenues of £70m, following a 31% slump in instructions.
Read MorePurplebricks chairman under pressure from ‘activist investor’ to step down
The troubled agency raises its fixed-fee charges, and will scrap the money-back guarantee later this month.
Read MorePurplebricks’ new CEO delayed as AIM ‘appropriateness’ checks drag on
The estate agency says the appointment of Helena Marston is conditional upon the AIM-required due diligence checks being completed successfully.
Read MoreBREAKING: Purplebricks’ Chief Executive steps down ‘for personal reasons’
Vic Darvey is to make way for COO Helena Marston at the end of the month after a difficult few months for the hybrid estate agency.
Read MoreAnalyst: Purplebricks CEO ‘turning ship around’ despite share price drops
David Hill of Vox Markets says media headlines have merely spooked investors and that underlying business has a bright future.
Read MoreUPDATED: Purplebricks reveals instructions drop and costs of deposits debacle
Interim results for six months to 31st October 2021 will make for grim reading for its shareholders and investors.
Read MorePurplebricks refutes newspaper claims that lettings business is for sale
Comments follow claims made in Telegraph that CEO Vic Darvey is contemplating a disposal after a difficult few months for its lettings arm.
Read MorePurplebricks boss discussing plans to sell off lettings arm – claim
Vic Darvey is considering a move to offload the firm's relatively weak lettings business following last month's £9m deposits scandal.
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