Rightmove Plc (Rightmove) operates as a residential and commercial property industry portal connecting people to properties. It operates the rightmove.co.uk website, which is a two-sided network residential property website. The company offers resale and lettings property advertising services on its platforms along with property advertising services to new home developers and housing associations. Rightmove also provides information on the house price index, which indicates the residential property prices across Wales, Scotland, and England, the UK. Its customers include state agents, lettings agents, new home developers, and overseas home agents. Rightmove is headquartered in Milton Keynes, Buckinghamshire, the UK.
Headquarters
United Kingdom
Address
2 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, Buckinghamshire, MK78LE
Website
www.rightmove.co.uk
No of Employees
800
Industry
Technology and Communications
Ticker Symbol & Exchange
RMV (LON)
Revenue (2022)
$453.0M
9.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
1.8%
(2022 vs 2021)
Market Cap*
$5.1B
Net Profit Margin (2022)
XYZ
-7.1%
(2022 vs 2021)
* As of and is in US$
Rightmove Plc premium industry data and analytics
Products and Services
| Services |
|---|
| Online Property Portal Services |
| Resale of Properties |
| Advertising Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired HomeViews Platform Limited. |
| 2021 | Others | In December, the company purchased 131,000 shares through share buy-back programme. |
| 2019 | Acquisitions/Mergers/Takeovers | In July, the company acquired Van Mildert Landlord and Tenant Protection Ltd, a tenant referencing company. |
Competitor Comparison
| Key Parameters | Rightmove Plc | LSL Property Services Plc | OnTheMarket plc | Belvoir Group PLC | Property Franchise Group PLC |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | Milton Keynes | Newcastle Upon Tyne | Manchester | Grantham | Bournemouth |
| State/Province | Buckinghamshire | England | - | Lincolnshire | Dorset |
| No. of Employees | 800 | 3,946 | 198 | 218 | 185 |
| Entity Type | Public | Public | Private | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew Fisher | Chairman | Executive Board | 2020 | 54 |
| Johan Svanstrom | Director; Chief Executive Officer | Executive Board | 2023 | 43 |
| Alison Dolan | Chief Financial Officer; Director | Executive Board | 2020 | 54 |
| Matt Bushby | Chief Marketing Officer | Senior Management | 2022 | - |
| Carolyn Pollard | Secretary | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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