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Why Gumtree Sold HotCopper and Stockhouse to ADVFN for $6.8M
8:27am on Monday 30th of June, 2025 AEST
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Why Gumtree Sold HotCopper and Stockhouse to ADVFN for $6.8M
8:27am on Monday 30th of June, 2025 AEST
Key Points
Binding agreement to sell HotCopper and Stockhouse businesses
$6.8 million enterprise value, cash upfront
Transaction reduces group debt by $4.8 million
Focus shifts to core advertising and classifieds operations
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