June Announces Ebitda Profitability At $54 M Revenue Scale and Appoints New CEO
09/08/23, 4:42 PM
Location
Industry
real estate
hospitality
e commerce
Position
chief executive officer
chief operating officer
June, a proptech company improving the rental experience for both tenants and landlords, today announced that it is among the first venture-backed real estate operators to achieve EBITDA profitability. The company became profitable with annualized revenues surpassing $54 million while sustaining an impressive growth rate of more than 60% year-over-year. The company also announced that Chief Operating Officer Mauricio Zuniga is being promoted to be the new Chief Executive Officer, replacing founder Dan Mishin, who will remain as Chairman of the Board