Speaking of Zillow, Mike Delprete, of Adventures in Real Estate Tech compare Zillow recent financials with other listing portals around the world.
Observations on Zillow’s 2016 results and the U.S. market
“With 2016 revenues of $846 million and EBITDA of $37.9 million, Zillow has an EBITDA margin of 4.5% (far less than its reported 17% using Adjusted EBITDA numbers). As you can see below, that margin is well-below international peers.”
Interesting perspective.
I’ve always said that no market leader stays on top forever. Especially in tech.
Greg: Great article. Thanks for posting. T.