Parent company of Etuovi.com, Vuokraovi.com, and the travel portal Gofinland.fi, Alma Media, has reported a 12% drop from its markets division in the first quarter of this fiscal year. Adjusted operating profit also declined by 15% during this time period.
For the third quarter of FY20, the company reported revenue down to €66.4 million.
Alma Media’s housing marketplace business recorded revenue of €12.7 million for this quarter which amounts to not much of a change year-over-year.
Etuovi.com and Vuokraovi.com are two Finnish property portals offering free and agent-driven avenues to list properties for sale or rent in Finland.