REA Group Hosts First Investor Day - Seite 2

REA Group Chief Executive Officer Owen Wilson commented: “REA Group’s accelerated transformation and continued investment in both core and adjacent businesses over the last five years has delivered an exciting platform for growth. Our first investor day has been a significant opportunity to share a detailed view of the growth trajectories for each business and the momentum achieved within the broader growth agenda of the Group.”

With its strong presence in the US, Australia, India and Southeast Asia, News Corp is a global leader in digital real estate. Through the third quarter of Fiscal Year 2022, ended March 31, News Corp's Digital Real Estate Services segment, which includes contributions from REA Group and Move, operator of realtor.com, generated $1.3 billion in total revenues, up 32% year-over-year, leading to 20% Segment EBITDA growth. In addition, Digital Real Estate Services represented 33% of News Corp's Total Segment EBITDA year-to-date (through March 31), making it the largest segment contributor to the company's profitability.

The full REA Group Investor Day presentation is available here and contains additional information and details regarding the highlights presented in this release, including the statistics and metrics provided above.

Forward-Looking Statements

This release contains forward-looking statements based on current expectations or beliefs, as well as assumptions about future events, and these statements are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The words “expect,” “estimate,” “anticipate,” “predict,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. These statements appear in a number of places in this release and include statements regarding REA Group’s intent, belief, goals, objectives, initiatives, commitments or current expectations with respect to REA Group’s businesses and operations, market conditions, results of operations and financial condition, funding requirements and risk management practices. Readers are cautioned that any forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Many factors could cause actual results to differ materially from those described in these forward-looking statements. The forward-looking statements in this release speak only as of this date and News Corp and REA Group undertake no obligation (and expressly disclaim any obligation) to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.