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KEYWORD "Cash Burn" - 9 RESULTS
Purplebricks shareholder doesn’t rule out EGM on chairman position 

Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...

11 October 2022

From: Breaking News

The battle for Purplebricks – who are the main shareholders?

The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...

10 October 2022

From: Breaking News

Purplebricks shares hit new low as activist investor increases stake

Purplebricks’ share price hit a record low during trading yesterday after an activist investor upped its stake and called for the...

12 July 2022

From: Breaking News

OnTheMarket still aims to be top portal - and ponders next move on fees

OnTheMarket says it still aims to be the number one portal, but the acting chief executive has revealed a far more...

12 June 2020

From: Breaking News

Purplebricks reveals massive cost-cutting measures to stay afloat

Purplebricks has this morning revealed what it calls “immediate and significant measures to preserve cash and implement a lean operating model”...

30 March 2020

From: Breaking News

Crowdfunding site used by agents claims “it’s business as usual”

A newspaper claims that a crowdfunding site used by some estate agencies and other property industry companies has suspended trading on...

12 August 2019

From: Breaking News

Purplebricks posts £52m loss, 55% revenue rise and confirms US withdrawal

Purplebricks has revealed its annual results for the year ending April 30 2019.  The hybrid agency has posted an operating loss of...

03 July 2019

From: Breaking News

Purplebricks stock downgraded 80% by investment bank

Analysts at Berenberg Bank have sharply reduced their price target for Purplebricks by over 80 per cent from 470p to 80p, accusing...

05 April 2019

From: Breaking News

Cash burn could be worry for Purplebricks, claims investment website

The Motley Fool, the financial services company that provides investor advice, has published an article raising doubts about Purplebricks’ long-term profitability. Investment writer...

11 January 2018

From: Breaking News

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