Tag: Morizon



MZN Property grows revenue handsomely in H1

MZN Property (formerly Morizon Group), owner of Polish real estate search engines Morizon.pl and several other real estate verticals, increased its revenue and profit handsomely in H1 of FY2017 from the same period last year. In H1, MZN Property earned revenue of 10.3 million Polish zlotys ($2.8 million U.S.), an increase of 30 percent from 7.9 million Polish zlotys in H1 of FY2016. Included in...

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Morizon Group rebrands to MZN Property

Morizon Group rebrands to MZN Property

Morizon Group, owner of Polish real estate search engine Morizon.pl and several other real estate classified sites, rebranded to MZN Property as part of its new, one-stop-shop strategy for the real estate industry. MZN Property will pursue the project of building a one-stop-shop platform for the real estate market. The ecosystem will offer comprehensive services throughout the entire property purchase process, including search, financing and...

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Morizon negotiating to buy unnamed real estate firm

Morizon negotiating to buy unnamed real estate firm

Morizon Group, owner of Polish real estate search engines Morizon.pl and several other real estate classified sites, entered into exclusive negotiations for the acquisition of an undisclosed real estate company. In a stock market announcement (here), Morizon said it had signed a letter of intent with a real estate company with a clause to negotiate exclusively for the next six weeks. After that time, the...

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Morizon Group in the black in FY2016

Morizon Group, owner of Polish real estate search engines Morizon.pl, and several other real estate classified sites, grew revenue by 17.2 percent and profit by 30.7 percent in FY2016 y-on-y. In Q4 of FY2016 Morizon’s revenue amounted to 4.7 million Polish zlotys ($1.1 million U.S.), which was 30.5 percent more than in the same period of FY2015. With that higher revenue, Morizon Group recorded an...

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Morizon grows revenue and profit in Q3

Morizon Group, owner of Polish real estate search engines Morizon.pl and Nportal.pl, increased its revenue and profit handsomely in Q3 of FY2016 from the same period last year. In Q3, Morizon earned revenue of 4.3 million Polish zlotys ($1 million U.S.) – an increase of 16 percent year-on-year (Q3 FY2015: 3.6 million Polish zlotys). Morizon’s gross profit was 556,000 Polish zloty ($134,868 U.S.). In Q3...

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Revenue, profit grow at Morizon in Q2

Morizon Group, owner of Polish real estate search engines Morizon.pl and Nportal.pl, and several other real estate classified sites, released its financial results for Q2 of FY2016. The revenue and profit increased handsomely in Q2 FY2016 from the same period last year. In Q2, Morizon earned revenue of 4.3 million Polish zlotys ($1.1 million U.S.) – an increase of 19 percent year-on-year (Q2 FY2015: 3.6...

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List your property in 3-D on Morizon.pl

List your property in 3-D on Morizon.pl

Polish real estate search engine Morizon.pl launched three-dimensional visualization of properties, using 3-D technology of Matterport, a vendor in the U.S.. The new Morizon capability enables users to “walk into” a property presented in 3-D on the site, and then to “navigate his way around” using the keyboard. You can walk around the property in this way on both your desktop PC and your mobile...

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Revenue, profit drop at Morizon Group in Q1

Morizon Group, owner of Polish real estate search engines Morizon.pl and Nportal.pl, and several other real estate classified sites, released its financial results for Q1 of FY2016. The revenue and profit declined sligthly in Q1 FY2015 from the same period last year. In Q1, Morizon earned revenue of 3.6 billion Polish zloty ($916,338 U.S.) – a decrease of 0.6 percent year-on-year (Q1 FY2015: 3.5 billion...

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In Poland Morizon acquires FinPack

Morizon Group, owner of Polish real estate search engines Morizon.pl and Nportal.pl and several other real estate classified sites, acquired FinPack, a company offering software for financial advisors, real estate agencies and individual clients. Morizon bought 100 percent of Finpack’s shares from Alterium Holding for 2.07 million Polish zlotys ($530,000 U.S.) and Morizon shares (series G shares from the increased capital of Morizon, offered at...

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