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    REA   AU000000REA9

REA GROUP LIMITED

(REA)
  Report
Delayed Australian Stock Exchange  -  12:11 2022-11-25 am EST
121.12 AUD   -0.44%
11/09Transcript : REA Group Limited - Shareholder/Analyst Call
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11/08Transcript : REA Group Limited, Q1 2023 Earnings Call, Nov 09, 2022
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REA : Annual Report 2022

09/15/2022 | 07:30pm EST

Annual Report 2022

Changing the way the world experiences property

About us

Contents

Overview

2 About us

  1. Year in review
  1. 2022 Highlights
  1. Chairman's message
  1. CEO's message
  1. Our people and culture
  1. Australian highlights
  1. Global highlights
  1. Environment, Social and Governance

Governance

  1. Executive Leadership Team
  1. Board of Directors

Financial Report

30 Directors' Report

  1. Auditor's Independence Declaration
  2. Remuneration Report
  1. Consolidated Income Statement
  2. Consolidated Statement of Comprehensive Income
  3. Consolidated Statement of Financial Position
  1. Consolidated Statement of Changes in Equity
  2. Consolidated Statement of Cash Flows
  3. Notes to the Consolidated Financial Statements
  1. Directors' Declaration
  2. Independent Auditor's Report

Additional Information

  1. Historical Results
  2. Shareholder Information
  1. Corporate Information

Our Purpose

To change the way the world experiences property.

review in Year

Social Environmental, Governance and

Our Business

REA Group is a leading digital property-centric business. Data and technology are at the company's core, and power the delivery of the best products and services to our customers and consumers.

Our People

Our people are at the heart of REA and they are the key to our success. Our team of more than 3,100 people come to work every day embracing our values and driving our unique culture.

Annual Report 2022 | REA Group Ltd

Leaders Our

Report Directors'

Report Remuneration

Statements Financial

1

About us

Changing the way the world experiences property

Largest audiences,

most engaged consumers

Building the

next generation

marketplaces

Superior

Unparalleled

customer

data & insights

value

The 2022 financial year (FY22) was an outstanding period for REA Group Ltd and its subsidiaries (the 'Group' or 'REA') with the delivery of exceptional financial results. The Group continued to invest heavily in the development of the core business while growing meaningful adjacent businesses and progressing the integration of key strategic investments. Globally, we continued to consolidate significant footprints in some of the world's most exciting property markets. Our focus on the delivery of superior customer value and unique consumer experiences continued in FY22, while we also focused on supporting our people and the communities in which we operate.

Clear strategy driving significant growth

REA's growth is underpinned by our clear strategy, which is centred around four core objectives: Australia's largest, most engaged consumer audience driving the most leads and the best leads to our customers; providing

our customers with superior value across property advertising, our agent marketplace and agency services; and becoming Australia's leading property data, valuations and insights provider. We focus on fulfilling these objectives while also building the next generation of property-related marketplaces.

People at the heart of REA's success

Our team of more than 3,100 talented people are at the heart of REA and they make our organisation truly great, with strategy and culture contributing equally to the growth and momentum of the business. Our strategy and purpose guide us, while our culture drives us to deliver strong results.

We have a common language about who we are, which is very important to us, and a unique workplace culture. Together, these attributes make REA one of Australia's Best WorkplacesTM. We have a strong focus on nurturing and evolving our culture to ensure we optimise the employee experience and therefore the contributions of our team.

Our people are connected by our purpose as we are changing the way the world experiences property. They aspire to deliver the most value for our customers and the best experiences for our consumers, while looking after each other and keeping community top of mind.

2

REA Group Ltd | Annual Report 2022

Our values

Everything we achieve, we achieve as one team.

It's our collective genius that gives us our edge

.

and a willingness to stand by any decision that's

made for the greater good of REA.

People are at the heart of REA. Every

connection with each other, with our customers,

with consumers and with our community

matters. We care and we're not afraid to show it.

We don't expect anyone to fit a certain mould

- we accept everyone for who they are, quirks

.

and all. We're not afraid to have a laugh. We

take our work seriously, but never ourselves.

We're thirsty for knowledge - and generous

with it too. Our curiosity is endless, and

every day we seek out opportunities to grow

ourselves and others. We don't do comfort

zones.

We always seek to do the right thing, and if

things don't quite go to plan, we own it. We

review what happened, learn from it and move

on, smarter and better than before.

We're not afraid to try new things or fail fast.

We're all about challenging the status quo

and taking risks. And at times, while it may

feel uncomfortable, we know this is where

the magic happens.

Our global network

Year

Australia

review in

Social Environmental, Governance and

Leaders Our

Report Directors'

India

Report Remuneration

International

Statements Financial

Annual Report 2022 | REA Group Ltd

3

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

REA Group Limited published this content on 16 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2022 23:29:01 UTC.


ę Publicnow 2022
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Financials
Sales 2023 1 247 M 841 M 841 M
Net income 2023 421 M 284 M 284 M
Net Debt 2023 65,5 M 44,2 M 44,2 M
P/E ratio 2023 38,0x
Yield 2023 1,41%
Capitalization 16 002 M 10 794 M 10 794 M
EV / Sales 2023 12,9x
EV / Sales 2024 11,5x
Nbr of Employees 3 103
Free-Float 37,8%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 16
Last Close Price 121,12 AUD
Average target price 126,78 AUD
Spread / Average Target 4,67%
EPS Revisions
Managers and Directors
Owen James Wilson Chief Executive Officer & Executive Director
Janelle Hopkins Chief Financial Officer & CEO-Financial Services
Hamish Roy McLennan Chairman
Chris Venter Chief Technology Officer
Nick Dowling Independent Non-Executive Director
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