REA Group Limited (REA) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the REA Group Limited Full Year 2026 Results Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Alice Bennett, Head of Investor Relations. Please go ahead. Good morning and welcome, everyone. My name is Alice Bennett, Head of Investor Relations, and I'd like to thank you for joining REA Group's 2026 full-year results presentation. Before we commence, I'd like to acknowledge the traditional owners of countries throughout Australia and recognize the continuing connection to lands, waters, and communities. We pay our respect to Aboriginal and Torres Strait Islander cultures and to elders past and present. Today, you'll hear from REA's CEO, Cam McIntyre, and Andrew Kramer, REA's CFO. Cam will talk to our overarching financial performance and strategic highlights for the year. He will then hand over to Andrew to talk to our financial results in more depth. And following this, we'll be happy to take your questions. With that, I'll pass to Cam to get us started. Thanks, Alice. Good morning, everyone, and welcome to our call. We've had an excellent FY26, underpinned by a number of things, but in particular double-digit yield growth. Product development's been moving forward at a great pace, which you'll see is creating tangible opportunities and adding to the value we deliver for our con...