EQS-Adhoc: Hypoport SE: Significant Increase in Revenue and EBIT in the Fiscal Year 2024 // Publication of Forecast for 2025

Inside information pursuant to article 17 of the Market Abuse Regulation (MAR)

 

Hypoport SE: Significant Increase in Revenue and EBIT in the Fiscal Year 2024 // Publication of Forecast for 2025

 

Berlin, February 19, 2025: In today's board meeting, the preliminary and unaudited financial figures of the Hypoport Group for the fiscal year 2024 were evaluated.

 

Furthermore, the board decided that the revenue of the subsidiary Starpool Finanz GmbH in the Real Estate & Mortgage Platforms segment will be retroactively adjusted from a net to a gross presentation, thus including the commissions passed on to distributors.

 

As a result, the group revenue and the presentation of the forwarded commissions for the fiscal year 2023 will be retroactively increased by approximately 130 million euros and for the fiscal year 2024 by approximately 100 million euros. Therefore, there are no overall impacts on gross profit and EBIT from this matter.

 

Additionally, Starpool also corrected the revenue accrual, leading to a retroactive increase in revenue, gross profit, and EBIT by 1.0 million euros for the fiscal year 2023.

 

Other business models are not affected by this.

 

Based on this, the Hypoport board expects the following results for the fiscal year 2024:

 

• Revenue 12M/24: approximately +15% to approximately 560 million euros (12M/23 adjusted: approximately 490 million euros / 12M/23 reported: 360 million euros)

 

• Gross profit 12M/24: approximately +15% to approximately 240 million euros (12M/23 adjusted: approximately 209 million euros / 12M/23 reported: 208 million euros)

 

• EBIT 12M/24: approximately +23% to approximately 17 million euros (12M/23 adjusted: 14.3 million euros / 12M/23 reported: 13.3 million euros)

 

The main reason for the increase in revenue and earnings of the group in the fiscal year 2024 was a significantly improved business development in private real estate financing in the Real Estate & Mortgage Platforms segment.

 

In the course of evaluating the preliminary financial figures, the board also presented its forecast for the current fiscal year 2025:

 

For the entire year 2025, Hypoport expects revenue of at least 640 million euros, gross profit of at least 270 million euros, and EBIT between 30 million euros and 36 million euros. This corresponds to a double-digit growth rate in each case.

 

The financial figures available to the board still require auditing by the external auditor as well as approval by the supervisory board. Hypoport plans to publish its preliminary results for the fiscal year 2024 in detailed form on Monday, March 10, 2025, and the annual report on March 24, 2025.

 

Contact

Jan H. Pahl

Head of Investor Relations // IRO

 

Phone: +49 (0)30 / 42086 - 1942

Mobile: +49 (0)176 / 965 125 19

Email: ir@hypoport.de

 

Hypoport SE

Heidestr. 8

10557 Berlin

Germany

 

 

Key data on Hypoport's shares

Hypoport SE

Regulated Market in Frankfurt (Prime Standard)

ISIN DE0005493365 / WKN 549336 / Stock exchanges symbol HYQ