Investor Presentaiton
Revenue ($mm)
Move, Inc. value has grown materially since News Corp's acquisition
News Corp acquired Move, Inc. in November 2014 for $950 million (1) - it has grown sales from $227 million to $712 million
since the acquisition
$800
$700
$600
$500
$400
14% CAGR
$712
$641
$300
$484
$452
$473
$200
$394
$357
$282
$227
$100
$0
Dec-2013
Jun-2015
Jun-2016
Jun-2017
Jun-2018
Jun-2019
Jun-2020
Jun-2021
Jun-2022
Source: Company filings, News Corp To Acquire Move, Inc. Presentation (30 September 2014)
Note: (1) Move, Inc. was acquired for $950mm by News Corp and is 80% owned by News Corp and 20% by REA Group
"What's [Move, Inc.] worth now? $6 billion? $7 billion? What will it be worth in 5 years as the inevitable digital march
continues? $15 billion? $20 billion? More?"
- Robert Thomson, Q1 FY 2022 Earnings Call (04 November 2021)
IRENIC
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