Revenue at Newcastle PropTech iamproperty now exceeds £60 million following major investment in innovation, strategic acquisition and expansion into new markets.
Financial results for the year ending 31st October 2025 show a 20% year-on-year growth to £61.2m.
Adjusted EBITDA scaled to £17.2m, up by over 14%. Gross profit climbed to £50m, rising by 20%.
The PropTech 50 star’s digital solutions support estate agents to save time, maximise opportunities and meet the changing needs of consumers across the entire buying, selling and lettings process.
Demand for residential Auction continues to be a key growth driver, as more consumers seek its speed and security. iamproperty remains the market leader, with £2.1bn worth of property sold during the financial year, up from £1.8bn the previous year.
To advance Auction’s further growth, new strategic partnerships were formed as well as a targeted expansion into the central London market.
Committed to keeping its solutions at the forefront of the market, the business acquired The ValPal Network earlier this year, enabling iamproperty to offer the most powerful end-to-end lead-generation capability currently available in the UK residential property market.
Major investment in innovation was made as the business works to deliver its vision of one connected ecosystem, which will be transformative for the industry and how Estate Agents operate.
iamproperty was founded by entrepreneurs Ben Ridgway and Jamie Cooke in 2009 to empower Estate Agents to succeed with market-leading tech and support. The business employs over 750 people and works with over 7,000 branches across the UK.
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“I’m pleased to report on what has been another successful year of growth and progress on our innovation roadmap,” said Ridgway. “The business is delivering record results, as more Estate Agents choose our tech and service to win in their markets.
“With a growing agent network, we are supporting more property transactions than ever before, improving the buying and selling experience for all parties involved.
“We remain focused on innovation and delivering on our ecosystem vision, leading the change that the industry is crying out for. Our ecosystem allows Estate Agents to simplify their day-to-day and spend time in the places that add most value, with one partner, one powerful platform and everything under one roof.”
iamproperty is backed by Perwyn, a UK and European private equity investor, which invests in exceptional businesses where it can make a material impact on growth and profitability alongside ambitious management teams.
Gurinder Sunner, partner at Perwyn, said: “We are impressed by the iamproperty team’s continued execution. Since our investment, the business has strengthened its market-leading position by building an increasingly interconnected ecosystem of solutions for estate agents.
“The company’s sustained growth reinforces our confidence in its long-term opportunity, and we are excited to support the next phase of development.”