Market shares for Domain Holdings Australia (ASX:DHG) experienced a significant decrease, with a slump as far-reaching as 8.8%, to A$3.72.

This marks the largest drop within a single trading day that the company has seen since December 20, 2022.

The property listing firm reported annual EBITDA at A$103.3 million, a decrease of 20.6% from the figures compiled at the same time last year.

The failure to meet the consensus estimate of A$108.2 million resulted in this decline.

The company reported a fall in FY23 revenue by a slight 0.5%, amounting to A$345.7 million.

This was again below the market estimate, which projected it as A$363.5 million.

There was a noticeable impact on the company’s stock, which hit its lowest point since July 24.

Nevertheless, Domain Holdings' stock has seen a substantial rise of 50.5% on a year-to-date basis, taking into account figures till the last close.

Domain Holdings Australia (ASX:DHG) is a leading Australian property listing firm.