• Cedar House, Caen St, Braunton EX33 1AH

Compare Listings

"Cash burn" could be worry for Purplebricks, claims investment website

  • 11th January 2018
  • News
  • 0

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

Investment writer Ian Pierce says in the latest article the he like Purplebricks’ business model, but is “less sure” about the company itself. 

“My reticence is mainly drawn from the company’s valuation…
Source: Estate Agent News

Related posts

  • News

Estate agency industry faces "worst staffing crisis for a generation"

The estate agency sector “is experiencing the worst staff shortages in a generation at a...

Continue reading
  • News

The Property Ombudsman waives joining fee for redress rival’s agents

The battle to become the single ombudsman service after the government rationalises the redress...

Continue reading
  • News

GDPR Weekly: Unsolicited emails and letters – what do you need to know?

Coming into force on May 25, the General Data Protection Regulation (GDPR) - which replaces the...

Continue reading