Record revenue unveiled in our latest financial results

Today, iamproperty’s full year financial results, covering the 12 months to the end of October 2024 were published. Following a record year of revenue and profit growth, we wanted to pause for a moment to reflect on the fantastic operational, financial and strategic progress made to date and the strides we’ve taken towards our mission to modernise and streamline the home buying and selling process.  

The numbers themselves only tell half the story.  

Our ambition is to create one central, integrated digital platform providing cutting-edge solutions that will help Estate Agents win market share while bringing greater speed and security to every transaction, making the entire property transaction process better for everyone.   

The residential property market is ripe for change, and we are leading the way thanks to our brilliant people, industry-leading tech, and pioneering ecosystem offering that we continue to invest in and further refine. 

Our auction business continues to go from strength to strength. During the period, auction instruction numbers rose from 17,337 to 20,148 as more people turned to this innovative method as a secure, fast, and stress-free way to buy and sell. We now manage over 1% of all UK property transactions, demonstrating how iamproperty has successfully transformed the auction method into an increasingly popular solution, which is trusted by people across the country.  

Beyond auctions, our Software Division grew revenue by an impressive 45%. We are building a one-stop shop of technology-enabled services for Estate Agents, from prospecting tools and CRM to AI-powered conveyancing services, that is unique to the industry. And iamproperty’s well-funded, highly cash generative, capital light and scalable business model means we have the platform in place to deliver on our ambitions. 

None of this progress would be possible without the hard work and determination of our talented team of 700+ colleagues who have helped drive the achievements seen over the past 12 months and beyond, and the loyalty and partnerships we have with our growing agent network. 

With the UK Government having recently announced a range of plans to modernise the home buying and selling process to save people time, at iamproperty our solutions are already helping thousands of Estate Agents and people up and down the UK have a better, faster, and more secure moving experience.   

We are only scratching the surface in terms of the size of the growth opportunity going forward. As we look ahead to the remainder of 2025, we will continue to build on the successes achieved in 2024, scaling up innovative new service launches to support accelerating demand for our proprietary, tech-enabled solutions. Onwards! 

Ben and Jamie