REA Group Limited 2011 Annual General Meeting

Transcription

1 REA Group Limited 2011 Annual General Meeting 16 November

2 REA Group Limited 2011 Annual General Meeting Richard Freudenstein - Chair 16 November

3 FY11 Financial Highlights Revenue up 23% to $238.4 million EBIT up 31% to $92.7million NPAT up 37% to $67.5 million Earnings Per Share up 36% to 53.1 cents

4 FY11 Financial Highlights

5 REA Group Limited 2011 Annual General Meeting Greg Ellis - Managing Director & CEO 16 November

6 FY11 Key Performance Highlights Continued Profitable Growth REA O verperformance of ASX 200 Index (1) 300, , , , ,000 50,000 45% 40% 35% 30% 25% FY 2007 FY 2008 FY 2009 FY 2010 FY2011 Revenue EBITDA EBITDA margin 20% REA ASX200 6 (1) Source: Yahoo Finance Jul 2011

7 REA s Business Strategy ENTERTAIN SEARCH / FIND EVALUATE ENGAGE WE HELP CONSUMERS SHARE WIN NEW LEADS WE HELP AGENTS WE HELP PROPERTY OWNERS PROVABLE MOVE LISTINGS BUILD THEIR RENT ROLL COST EFFECTIVE PREDICTABLE 7

8 Significant innovation across the business in FY11 We leveraged our new technology platform to rebuild and re-launch state-of-the-art property websites for: 8

9 Significant innovation across the business in FY11 We are making significant inroads globally on our mobile platform: 9

10 Australian Business

11 Australian Growth Drivers 10,000 8,000 Paying Agents- Australia June ,536 1,600 1,400 1,200 ARPA (Average Revenue Per Agent) - Australia 15% YOY Growth $1,456 6,000 1,000 4, , Revenue: By Customer Type 6% 18% 76% 24% 11% By Brand 65% 40% By Type (All Revenue) 60% 53% By Type (Residential and Commercial) 47% Agents Developers Third Parties Residential Commercial Media Subscriptions Depth Subscriptions Depth 11

12 realestate.com.au remains the No.1 property site Industry replaces UBs with Nielsen Online Ratings Unique Audience from September 2011 Market Intelligence - Total Traffic REA Domain REA lead to Domain Unique Audience (000s) n/a n/a n/a Unique Browsers (000s) 6,568 3, Total Time on Site (000s Mins) 158,693 54, Page Impressions (000s) 596, , Nielsen Online Ratings (NOR) - Domestic Audience REA Domain REA lead to Domain Unique Audience (000s) 2,693 1, Unique Browsers n/a n/a n/a Total Time on Site (000s Mins) 118,085 44, Page Views (000s) 199,528 91, It s the same audience - measured differently realestate.com.au remains the leading residential property site across the new Nielsen Online Ratings and existing Market Intelligence measures realestate.com.au maintains a significant lead on all our competitors in terms of reach and engagement metrics on both the existing Unique Browsers measure and the new Unique Audience measure Source: Nielsen Online Ratings, Domestic Audience, Sep 2011 and Nielsen Online Market Intelligence, Total Traffic, Sep 2011 NB: NOR reports lower Page Views than Market Intelligence Page Impressions due to NOR not including non-standard event pages, which for both REA and Domain means that photo viewing pages are not counted a key element of the site experience and engagement of consumers on property sites.

13 International Businesses

14 Casa.it goes from strength to strength 2,000 1,800 1,600 1,400 1,200 1, Total Unique Audience Source: Nielsen Online, NetView, Jul ,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Paying Agents 16% YOY Growth 12,377 Casa.it Immobiliare.it Revenue Split FY 2010 FY 2011 Growth YOY Subscription Revenue 4.3m 9.6m 122% Listing and Banner Revenue 0.1m 0.2m 64% Media Third Party 0.8m 1.6m 95% Media Other 0.4m 0.7m 69% FY 2010 FY 2011 Growth YOY Total Revenue 5.6m 12m 113% EBITDA ( 4.2m) ( 2.5m) ARPA % Listings ('000) % (1) Unique Browsers ('000) 2,327 3,605 55% 14 (1) Source: Omniture, SiteCatalyst, Jun 2011

15 Strong performance across our other international businesses Luxembourg Hong Kong #1 in Greater Luxembourg Growing in France New Mobile application launched #1 English-language property site in Hong Kong Simplified Chinese language site launched in June 2011 New Mobile application launched Luxembourg FY2010 FY2011 Growth YOY Revenue 3.5m 4.6m 31% EBITDA 0.3m 1.0m ARPA % Hong Kong FY 2010 FY 2011 Growth YOY Revenue HK$10.6m HK$14.1m 33% EBITDA (HK$2.0m) (HK$2.7m) ARPA HK$10,162 HK$11,972 18% 15

16 Disclaimer The material herein is a presentation of non-specific background information about the Company s current activities. It is information given in summary form and does not purport to be complete. Investors or potential investors should seek their own independent advice. This material isnot intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of a particular investor. These should be considered when deciding if a particular investment is appropriate. 16