Trulia Hits $20.6 Million In Revenues

Posted Feb 12, 2013

Trulia has hit a higher-than-expected revenue for Q4 2012.  The company hit $20.6 million in revenue, which is up 75% over the same quarter last year.  Wall Street analysts were expecting $19.1 million according to FactSet data.  Unfortunately the company still reported a loss of $1.6 million ($0.06 per share).  This is better than the $0.30 per share loss from Q4 2011 though.

Revenue for the full year was $68.1 million and the company hit a net loss of $10.9 million ($0.87 per share).  Trulia hit around 23.6 million unique monthly visitors for Q4, which is up 50% over Q4 2011.  The company saw their mobile traffic increase 119% with 5.8 million mobile unique users per month.

Trulia subscribers are up 45% to 24,443 for Q4 2012 compared to 16,849 in Q4 2011.  User generated content was up 84% with around 810,000 new contributions in 2012.

The company went public on the NYSE this past September.  Trulia raised around $102 million as shares jumped over 40% above the IPO price of $17.  Trulia’s market cap is at around $650.4 million.

[Source: Vator]