Online estate agent Purplebricks' share price has risen to 145p , impressing the first six months of 2016 , but the company's recent £ 360 m valuation has left others "perplexed". “The house broker is forecasting full year sales of £47.1m meaning there is £28.4m to do in the second half to end April 2017 in what is the peak property selling period. Purplebricks said revenue for the first six months of 2016 rose by 159% to £ 300,000 m, while sales grew by 159% . However, Website Investor’s Website Investor’s 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 300,000 .
Online estate agent Purplebricks' share price has risen to 145p , impressing the first six months of 2016 , but the company's recent £ 360 m valuation has left others "perplexed". Purplebricks said revenue for the first six months of 2016 rose by 159% to £ 300,000 m, while sales grew by 159% . However, Website Investor’s Website Investor’s 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 300,000 .