Rightmove ahead of the game on UK stock market

Property portal Rightmove plc has been called the 'most outstandingly profitable business listed on the UK stock market' by a recently published article in Investors Chronicle. The article says that Rightmove is “a licence to print money for very little investment”.

Interestingly, the article does not mention arch competitor Zoopla, but does reference OnTheMarket.

The piece is about identifying various companies that have capacity for growth.

Its table includes businesses such as Fevertree Drinks and Unilever.

Rightmove plc is a United Kingdom-based company, which operates as a property portal. The Company's principal business is the operation of the rightmove.co.uk Website. The Company's Website and mobile platforms provide online property search.

The Company's segments include Agency, New Homes and Other. The Agency segment provides resale and lettings property advertising services.

The new homes segment provides property advertising services to new home developers and housing associations.

The other segment consists of overseas and commercial property advertising services and non-property advertising services, which include its third-party and consumer services, as well as data and valuation services.

The company offers its services through estate agents, lettings agents, new homes developers and overseas homes agents offering properties outside the United Kingdom but interested in advertising to the United Kingdom-based home hunters.

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