Online estate agent Purplebricks ' share price has risen to 145p , impressing some quarters , but the company 's recent £ ##30 m valuation has left others " disappointed " . Purplebricks said revenue for the first six months of 2016 rose by 159 % to £ 18.7 m , while sales grew by 159 % . However , Website Investor ’s Champion said in a blog post that the growth was " amazing " but scoffed at maiden profit figures of £ 300,000 , saying Purplebricks " had n't got a bean " . The Telegraph reported the online firm as having made a profit of £ 2.8 ##m .
Online estate agent Purplebricks' share price has risen to 145p, impressing some quarters, but the company's recent £360m valuation has left others "perplexed". Purplebricks said revenue for the first six months of 2016 rose by 159% to £18.7m, while sales grew by 159%. However, Website Investor’s Champion said in a blog post that the growth was "amazing" but scoffed at maiden profit figures of £300,000, saying Purplebricks "hadn't made a bean". The Telegraph reported the online firm as having posted a loss of £2.8m.