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Hot Topic Scrutiny Week
Hot Topic Scrutiny Week
Tech & Innovation
2 mins to read

Trade Me owner nearly doubles profit despite goodwill impairment

Apax-owned company says marketplace value reduced due to ‘restrained future growth forecasts’.

Trade Me is owned by Apax Partners.

Will Mace Thu, 28 Nov 2024

Trade Me’s parent company nearly doubled its net profit to just under $9.1 million for the year to the end of June, having posted a $2.3m loss just two years ago.

Titan Parent New Zealand Limited, the Apax Partners-owned vehicle which operates Trade Me raked in $369.8m in the year to the end of

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Will Mace Thu, 28 Nov 2024
Contact the Writer: william@nbr.co.nz
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Trade Me owner nearly doubles profit despite goodwill impairment
Tech & Innovation,
106933
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