Daft Media pre-tax profits rise to €2.4m

PRE-TAX profits at online media group Daft Media Ltd last year rose 12% to €2.4 million, the company’s latest filed accounts show.

Set up in 1997 by brothers Eamon and Brian Fallon, the group operates the country’s largest property website, daft.ie and runs discussion form website boards.ie along with adverts.ie.

Revenues at the group increased marginally from €6.12m to €6.17m in the 12 months to the end of December last. The filings confirm that group last year paid a dividend of €2.9m.