iProperty Group Ltd released its 4C statement demonstrating the continued strong financial growth of the business. Cash receipts from advertising revenue grew by 53% when compared with the same period in 2011 and increased by 28% when compared with Q1 of 2012.
At a Group level non-financial measurements also continued to strengthen the leadership position in the region with Unique Visitors increasing by 50%, Pageviews increasing 46% and Leads generated to advertisers increasing by 74%:
“2012 has continued to grow at a rate in excess of our expectations. Our cash receipts reflect the application of our clear strategic plans in each of our core markets of Malaysia, Indonesia, Hong Kong plus Macau, and Singapore along with the recent launch of our commercial property portal, commercialasia.com” said iProperty Group CEO, Shaun Di Gregorio.
“Our focus on providing consumers across our core markets with the best possible experience when searching for property coupled with our commitment to driving leads to our advertisers continues to be the drivers of our success” added Di Gregorio.