Added to YB: 2026-08-10
Pitch date: 2026-08-06
G24.DE [neutral]
Scout24 SE
-3.61%
current return
Author Info
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Company Info
Scout24 SE operates ImmoScout24, a digital marketplace for the residential and commercial real estate sectors in Germany and internationally.
Market Cap
EUR 5.4B
Pitch Price
EUR 73.45
Price Target
N/A
Dividend
1.92%
EV/EBITDA
16.16
P/E
19.63
EV/Sales
8.60
Sector
Interactive Media and Services
Category
growth
Scout24 (G24 Germany): AI monetisation and subscription growth drive strong execution
G24.DE (earnings): Q rev €192.7M (+20% YoY), organic +10.4%, aided by Spanish acquisition. Adj EBITDA +14%, margin dipped to 60.2% on lower-margin Spain but organic H1 margin rose to 63%. ARPU +10.4%, subs migration, AI ImmoPunkte (60% pro customers) drive monetisation. FY guide 16-18% rev growth maintained. Double-digit EPS growth.
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