May 2026
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Largest PropTech Public Companies in Australia
Benchmark revenue and EBITDA valuation multiples for public comps like
REA Group, PEXA Group, WOTSO Flexspace, Rent.com.au and Urbanise.
 | REA Group is a technology company operating in the real estate sector. REA Group’s primary business is an online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around 4 times the size of number two, www.domain.com.au. REA Group is majority-owned by News Corp. REA Group’s other businesses include adjacent markets and services, and investments in online listings platforms in India. | $113 | -34% | $15B | $15B | 10.5x | 19.1x | ||
| Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics. | $8 | -23% | $1B | $1B | 5.3x | 16.9x | ||
| WOTSO is engaged in providing flexible workspace, offering various solutions ranging from a single desk to larger spaces to anyone from start-ups to small-to-medium enterprises to large corporate teams. Along with its subsidiaries, it comprises three reportable operating segments: Properties, which represent traditional commercial leases in owned properties; WOTSO FlexSpace, which represents month-to-month flexspace coworking business in both owned properties, as well as third-party leased properties; and corporate, overhead and investments segment, which is responsible for the overall management and compliance of the group and its investments. The majority of the group's revenue is generated from the WOTSO FlexSpace segment. Geographically, it operates across Australia and New Zealand. | $0 | +6% | $73M | $181M | 5.4x | 14.9x | ||
| Rent.com.au Ltd is a rental property website providing a single marketplace for renters, property agents, and non-agent landlords. It accepts enquiries from all listers of rental properties, including real estate agents, private landlords, property managers, builders, developers, retirement services, and universities. The firm is organized into two operating segments being Rent.com.au and RentPay. It drives maximum revenue from the Rent.com.au segment. | $0 | +156% | $53M | $51M | 22.0x | (28.6x) | ||
| Urbanise.com Ltd provides cloud-based building services. The company provides industry-specific cloud-based software platforms designed and developed for Strata and Facilities Management. The company's operating segments are Strata and Facilities Management, and the majority of its revenue is generated from Facilities Management. Geographically, the group operates in APAC, Europe, the Middle East, and Africa. The company generates a majority of its revenue from the APAC region. | $0 | -3% | $37M | $28M | 3.0x | (15.2x) | ||
| Wiseway Group Ltd operates as a freight forwarding company in Australia. It provides movement and logistics of goods by freight to cater to the needs of those interstate or overseas. Its main source of revenue is from freight forwarding services, which may include general cargo, time-sensitive perishables cargo, and domestic transport services. The dominating revenue is generated from the air freight general cargo services. Geographically, the company derives a majority of its revenue from Australia and New Zealand and the rest from China, Singapore, and the United States of America. | $0 | -- | $36M | $51M | 0.4x | 5.8x | ||
| RMA Global Ltd provides an online marketing platform for real estate agents. It offers RateMyAgent which is an online real estate review, ratings, and statistics platform, and Property Tycoon which is a real estate auction tipping app. The company operates across sales, leasing, and mortgage broking across the United States of America, Australia, and New Zealand. Geographically, it derives key revenue from its business in Australia. | $0 | +12% | $15M | $13M | 0.9x | (14.9x) | ||
| EPX Ltd is an efficiency platform provider. It is a data as a service platform that delivers sector cost and energy efficiency in buildings. EPX is a leader in reducing energy costs and delivering energy efficiency in the built environment. Its EDGE platform collects BMS, metering and operational data from 700+ buildings, 7.5+ million sqm portfolio, in over 25 countries. | $0 | -- | $12M | $11M | 1.0x | (7.4x) | ||
| 8Common Ltd is engaged in delivering enterprise-grade financial transaction processing for government entities and large enterprise businesses. Its flagship Expense8 platform is a pure-play provider of end-to-end travel expense management software, card application, and management. The software solutions improve organisation, productivity, and incorporate company organisational policies and expense auditing to reduce fraud. Its CardHero (prepaid card payment and fund distribution) delivers solutions to support regulated, large network, and high-volume requirements. 8common specialises in the large enterprise and government segments. | $0 | -- | $3M | $3M | 0.6x | (236.1x) | ||
| Median | $0 | +1% | $37M | $51M | 3.0x | (7.4x) |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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