Inman

Zillow trending toward profitability, earnings analysis shows

By February 9, 2018 No Comments
Zillow trending toward profitability, earnings analysis shows
REPOSTED DIRECTLY FROM INMAN NEWS. THIS CONTENT HAS NOT BEEN MODERATED BY WFG NATIONAL TITLE.

Seattle-based Zillow Group cracked $1 billion in annual revenue last year, the company revealed yesterday in its fourth quarter and full-year 2017 earnings report.

The company posted a net loss of $77.2 million in fourth-quarter 2017 and a net loss of $94.4 million for full-year 2017, but an analysis of the real estate company’s revenue (which continues to outpace realtor.com) and expenses over time illustrates a trajectory toward profitability, with Zillow’s Premier Agent advertising platform continuing to drive the bulk of the revenue.

For more analysis, click through the slides below.

Mike DelPrete is a strategic adviser and global expert in real estate tech. Connect with him on LinkedIn.

The views and opinions of authors expressed in this publication do not necessarily state or reflect those of WFG National Title, its affiliated companies, or their respective management or personnel.

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