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Trade Me’s Apax-owned parent returns to profit

Titan posts $4.7m annual net profit, but cuts back financial detail regarding 13.5% investment in Sharesies.

Trade Me’s owner has turned a $4.7m profit.

Will Mace Tue, 21 Nov 2023

The parent company of online marketplace Trade Me has returned to profit, posting a $4.7 million gain for 2023 after a $2.3m loss in 2022.

In financial statements filed to the Companies Office, Trade Me’s holding company Titan Parent New Zealand – which is ultimately owned by private equity

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Trade Me’s Apax-owned parent returns to profit
Business,
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