Purplebricks confirms it is ‘unlikely’ to return to profitability in FY24

The group also provided an update on its ongoing sales process which has been ongoing since 1 March 2023

Purplebricks has said it is “unlikely” to return to cash generation in FY24 after it revealed instruction levels did not increase through Q4 of FY23 as previously anticipated, which is likely to have an impact on its revenues.

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