|Traded as||LSE: RMV|
|Industry||Internet & Real Estate|
|Key people||Scott Forbes (Chairman)
Edmund Williams (Managing Director)
Miles Shipside (Commercial Director)
|Revenue||£119.4 million (2012)|
|Operating income||£83.1 million (2012)|
|Net income||£62.5 million (2012)|
The Company was created in 2000 as a joint venture between four of the UK's largest property agents: Halifax, Countrywide plc, Royal & Sun Alliance, & Connells under the name Rightmove.co.uk Limited. It was first listed on the London Stock Exchange on 15th March 2006 at which time it became Rightmove plc.
In 2007 it bought 67% of Holiday Lettings Limited.
As of 2014, Rightmove plc has in excess of 300 employees and a Market capitalization of ~£2.66bn.
Rightmove makes money from listing estate agents on its website and offering additional advertising products to those agents. The ads are visible to users who search for the area chosen by the estate agent. Individuals selling property privately (i.e. directly without an agent) are prohibited from advertising on the site. Each month, Rightmove release a House Price Index, illustrating any changes in the asking prices of house throughout England and Wales. Rightmove also lists overseas properties for sale and to let.