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Why Gumtree Sold HotCopper and Stockhouse to ADVFN for $6.8M

12:10am on Sunday 21st of December, 2025 AEDT Technology
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Why Gumtree Sold HotCopper and Stockhouse to ADVFN for $6.8M

12:10am on Sunday 21st of December, 2025 AEDT
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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