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SEEK Limited (ASX:SEK)

ALERT: Price-sensitive ASX Announcement for SEK
Current share price for SEK : $14.220 -11.45 (-44.60%)+
Announcement
Release
19 Aug 2025 8:57AM
Price at Release
$25.670
Full Release
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Summary
SEEK Limited announced its FY2025 full-year financial results, highlighting a 1% increase in sales and net revenue to $1,097 million and $1,090 million respectively, despite challenging market conditions. Total expenditure decreased by 2%, with operating expenses rising by 3% and capital expenditure down by 19%. The company achieved a reported profit of $238 million and an adjusted profit decline of 13% to $155 million, attributing the decrease to weaker market volumes and other economic factors. SEEK's strategic focus on growing placement share, yield, and operating leverage paid dividends, with a 31% increase in the full-year dividend to 46 cents per share. The launch of new ad tiers and products, especially the freemium model in Asia, contributed to the yield growth. The company plans to continue leveraging its scalable platform and AI capabilities to drive future growth, with FY2026 guidance predicting up to 10% revenue growth.
Key Points
  • Sales revenue up 1% to $1,097 million.
  • Net revenue up 1% to $1,090 million.
  • Total expenditure down 2% to $761 million.
  • Operating expenses up 3%, capital expenditure down 19%.
  • EBITDA decreased by 2% to $459 million.
  • Adjusted profit down 13% to $155 million.
  • Reported profit was $238 million.
  • Full-year dividend increased by 31% to 46 cents per share.
  • Freemium model live in five out of six Asian markets.
  • FY2026 guidance projects up to 10% revenue growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.