Domain reports $3.4m net loss after tax following separation from Fairfax

Domain has released its first financial results since being spun out of Fairfax, reporting revenue of $112.7m and a net loss after tax of $3.4m in its statutory results.

The results come at a turbulent time for the ASX-listed company, which is majority owned by Fairfax, with executive chairman Nick Falloon using it as an opportunity to dispel any market fears about how the company will perform without embattled former CEO Antony Catalano at the helm. 

“Domain has today reported a pleasing first standalone result”: Falloon