Major Estimate Revision • May 20
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -€0.121 to -€0.135 per share. Revenue forecast unchanged at €402.6m. Hospitality industry in Germany expected to see average net income growth of 65% next year. Consensus price target of €2.73 unchanged from last update. Share price fell 3.1% to €1.26 over the past week. New Risk • May 14
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €110m Forecast net loss in 2 years: €5.7m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • May 14
First quarter 2026 earnings released First quarter 2026 results: Revenue: €59.0m (up 72% from 1Q 2025). Net loss: €49.0m (loss widened 27% from 1Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Hospitality industry in Germany. Major Estimate Revision • Mar 26
Consensus EPS estimates fall by 297% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from €410.0m to €402.2m. Losses expected to increase from €0.039 per share to €0.15. Hospitality industry in Germany expected to see average net income growth of 27% next year. Consensus price target down from €3.30 to €3.00. Share price fell 9.7% to €1.17 over the past week. Breakeven Date Change • Mar 24
Forecast breakeven date pushed back to 2028 The 2 analysts covering HomeToGo previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 81% per year to 2027. The company is expected to make a profit of €6.41m in 2028. Average annual earnings growth of 113% is required to achieve expected profit on schedule. Reported Earnings • Mar 19
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: €0.61 loss per share (further deteriorated from €0.26 loss in FY 2024). Revenue: €255.5m (up 20% from FY 2024). Net loss: €100.0m (loss widened 225% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 153%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Announcement • Jan 24
HomeToGo SE to Report Q1, 2026 Results on May 13, 2026 HomeToGo SE announced that they will report Q1, 2026 results on May 13, 2026 Price Target Changed • Jan 12
Price target decreased by 21% to €3.30 Down from €4.20, the current price target is an average from 2 analysts. New target price is 106% above last closing price of €1.61. Stock is down 15% over the past year. The company is forecast to post a net loss per share of €0.23 next year compared to a net loss per share of €0.26 last year. New Risk • Jan 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Major Estimate Revision • Nov 20
Consensus revenue estimates increase by 14%, EPS downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €231.1m to €262.3m. EPS estimate fell from -€0.103 to -€0.192 per share. Hospitality industry in Germany expected to see average net income growth of 27% next year. Consensus price target of €3.93 unchanged from last update. Share price fell 6.1% to €1.46 over the past week. Breakeven Date Change • Nov 14
Forecast breakeven date pushed back to 2027 The 2 analysts covering HomeToGo previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of €14.0m in 2027. Average annual earnings growth of 118% is required to achieve expected profit on schedule. Announcement • Oct 16
HomeToGo SE to Report Fiscal Year 2025 Results on Mar 19, 2026 HomeToGo SE announced that they will report fiscal year 2025 results on Mar 19, 2026 New Risk • Aug 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Aug 15
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: €58.7m (up 11% from 2Q 2024). Net loss: €4.08m (loss narrowed 46% from 2Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Hospitality industry in Germany. Major Estimate Revision • Jul 18
Consensus revenue estimates fall by 24% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €302.3m to €231.1m. Forecast losses increased from -€0.069 to -€0.103 per share. Hospitality industry in Germany expected to see average net income growth of 23% next year. Consensus price target down from €4.20 to €4.10. Share price was steady at €1.63 over the past week. Major Estimate Revision • May 29
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €316.0m to €302.3m. Losses expected to increase from €0.059 per share to €0.069. Hospitality industry in Germany expected to see average net income growth of 30% next year. Consensus price target of €4.20 unchanged from last update. Share price rose 5.4% to €1.66 over the past week. Reported Earnings • May 15
First quarter 2025 earnings released First quarter 2025 results: Revenue: €34.4m (down 5.4% from 1Q 2024). Net loss: €38.5m (loss widened 46% from 1Q 2024). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Announcement • Apr 25
HomeToGo SE, Annual General Meeting, May 27, 2025 HomeToGo SE, Annual General Meeting, May 27, 2025, at 09:30 W. Europe Standard Time. Location: cest at 41a, avenue john f. kennedy, l-2082, Luxembourg Announcement • Apr 17
Hometogo Launches Unique Vacation Rental At the Stadion an Der Alten Forsterei, in Partnership with 1 FC Union Berlin HomeToGo SE announced the launch of a unique vacation rental at the Stadion An der Alten Forsterei, in partnership with 1 Fc Union Berlin. The rental features bespoke team-themed Eisern interiors, from the sheets to the stationary, co-designed by HomeToGo and Union to mirror the look and feel of Union's first-team locker room, while providing all the cozy comforts of a vacation home. Included in this standout stay is a private evening stadium tour - and, of course, tickets to a home match taking place on the second day of the pitch-perfect vacation. Best of all: it's free of charge - because some experiences are simply invaluable. Reported Earnings • Mar 28
Third quarter 2024 earnings released: EPS: €0.20 (vs €0.17 in 3Q 2023) Third quarter 2024 results: EPS: €0.20 (up from €0.17 in 3Q 2023). Revenue: €87.4m (up 18% from 3Q 2023). Net income: €23.8m (up 12% from 3Q 2023). Profit margin: 27% (down from 29% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 4 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Major Estimate Revision • Mar 28
Consensus revenue estimates increase by 24%, EPS downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €255.8m to €316.0m. EPS estimate fell from -€0.043 to -€0.059 per share. Hospitality industry in Germany expected to see average net income growth of 15% next year. Consensus price target of €4.20 unchanged from last update. Share price was steady at €1.82 over the past week. New Risk • Mar 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. New Risk • Jan 22
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €20m Forecast net loss in 2 years: €454k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€454k net loss in 2 years). Share price has been volatile over the past 3 months (7.8% average weekly change). Price Target Changed • Jan 06
Price target decreased by 8.1% to €4.26 Down from €4.63, the current price target is an average from 5 analysts. New target price is 112% above last closing price of €2.01. Stock is down 15% over the past year. The company is forecast to post a net loss per share of €0.12 next year compared to a net loss per share of €0.25 last year. New Risk • Dec 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€3.8m net loss in 2 years). Share price has been volatile over the past 3 months (7.1% average weekly change). Breakeven Date Change • Nov 22
No longer forecast to breakeven The 6 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €789.6k in 2026. New consensus forecast suggests the company will make a loss of €1.52m in 2026. Major Estimate Revision • Nov 19
Consensus EPS estimates upgraded to €0.13 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €222.8m to €218.2m. 2024 losses expected to reduce from -€0.165 to -€0.132 per share. Hospitality industry in Germany expected to see average net income growth of 24% next year. Consensus price target down from €4.76 to €4.63. Share price rose 2.9% to €2.15 over the past week. Announcement • Nov 14
HomeToGo SE to Report Fiscal Year 2024 Results on Mar 27, 2025 HomeToGo SE announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Nov 14
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €20m Forecast net loss in 2 years: €1.7m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 13
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: €87.4m (up 18% from 3Q 2023). Net income: €23.8m (up 12% from 3Q 2023). Profit margin: 27% (down from 29% in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Breakeven Date Change • Nov 12
No longer forecast to breakeven The 6 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €555.9k in 2026. New consensus forecast suggests the company will make a loss of €789.6k in 2026. Announcement • Oct 24
HomeToGo in Talks to Buy Interhome Group Luxembourg-registered online marketplace for vacation rentals HomeToGo SE (XTRA:HTG) confirmed on October 22, 2024 that it is in non-exclusive discussions to acquire holiday home specialist Interhome Group (Interhome AG) from Swiss retailer Migros (Migros-Genossenschafts-Bund). A potential deal could be reached in the context of an auction proceeding. As the talks and due diligence are ongoing, there is no guarantee that a transaction will be proposed or consummated, HomeToGo added. Interhome is part of Hotelplan Group, a subsidiary of Migros. The Swiss retailer first revealed in February plans to divest non-core assets in order to focus on main businesses in financial services and healthcare. As part of its plan, Migros agreed in September to sell 12 of its 14 specialised bike stores to Swiss bicycle manufacturer Thoemus. The retailer has also offloaded 20 locations of electronics retail chain Melectronics as well as speciality store SportX, with 27 locations. Breakeven Date Change • Oct 16
No longer forecast to breakeven The 6 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €472.5k in 2026. New consensus forecast suggests the company will make a loss of €108.0k in 2026. Breakeven Date Change • Aug 29
No longer forecast to breakeven The 6 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €6.18m in 2026. New consensus forecast suggests the company will make a loss of €805.0k in 2026. Reported Earnings • Aug 15
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: €52.9m (up 24% from 2Q 2023). Net loss: €7.52m (loss widened 30% from 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in Germany. Reported Earnings • May 16
First quarter 2024 earnings released First quarter 2024 results: Revenue: €36.4m (up 66% from 1Q 2023). Net loss: €26.3m (loss narrowed 23% from 1Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Major Estimate Revision • May 15
Consensus EPS estimates upgraded to €0.14 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -€0.194 to -€0.138 per share. Revenue forecast steady at €220.1m. Hospitality industry in Germany expected to see average net income growth of 44% next year. Consensus price target of €5.17 unchanged from last update. Share price rose 7.7% to €1.88 over the past week. New Risk • Apr 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 28
Full year 2023 earnings released Full year 2023 results: Revenue: €162.0m (up 10% from FY 2022). Net loss: €28.3m (loss narrowed 47% from FY 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Hospitality industry in Germany. New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Mar 15
HomeToGo SE to Report Fiscal Year 2023 Results on Apr 16, 2024 HomeToGo SE announced that they will report fiscal year 2023 results on Apr 16, 2024 Price Target Changed • Feb 07
Price target increased by 7.8% to €5.18 Up from €4.81, the current price target is an average from 6 analysts. New target price is 122% above last closing price of €2.33. Stock is down 27% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.47 last year. Major Estimate Revision • Dec 07
Consensus EPS estimates upgraded to €0.18 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -€0.226 to -€0.183 per share. Revenue forecast steady at €160.6m. Hospitality industry in Germany expected to see average net income growth of 19% next year. Consensus price target broadly unchanged at €4.81. Share price rose 11% to €2.63 over the past week. Major Estimate Revision • Nov 14
Consensus EPS estimates fall by 34% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €169.0m to €166.0m. Losses expected to increase from €0.21 per share to €0.29. Hospitality industry in Germany expected to see average net income growth of 17% next year. Consensus price target down from €5.61 to €5.47. Share price fell 9.4% to €2.41 over the past week. Breakeven Date Change • Nov 12
No longer forecast to breakeven The 5 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €1.37m in 2025. New consensus forecast suggests the company will make a loss of €2.50m in 2025. Reported Earnings • Nov 10
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €73.9m (up 6.0% from 3Q 2022). Net income: €21.4m (up 71% from 3Q 2022). Profit margin: 29% (up from 18% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Breakeven Date Change • Nov 06
Forecast to breakeven in 2025 The 5 analysts covering HomeToGo expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 36% per year to 2024. The company is expected to make a profit of €1.37m in 2025. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Price Target Changed • Oct 06
Price target decreased by 9.9% to €5.81 Down from €6.45, the current price target is an average from 5 analysts. New target price is 106% above last closing price of €2.82. Stock is up 46% over the past year. The company is forecast to post a net loss per share of €0.23 next year compared to a net loss per share of €0.47 last year. Major Estimate Revision • Sep 13
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €175.3m to €172.8m. Losses expected to increase from €0.20 per share to €0.25. Hospitality industry in Germany expected to see average net income growth of 15% next year. Consensus price target broadly unchanged at €6.38. Share price rose 8.3% to €2.87 over the past week. Major Estimate Revision • Aug 22
Consensus EPS estimates upgraded to €0.20 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -€0.30 to -€0.20 per share. Revenue forecast steady at €175.3m. Hospitality industry in Germany expected to see average net income growth of 16% next year. Consensus price target of €6.45 unchanged from last update. Share price fell 7.3% to €2.81 over the past week. Reported Earnings • Aug 16
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €42.8m (up 14% from 2Q 2022). Net loss: €5.77m (loss narrowed 69% from 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in Germany. Breakeven Date Change • May 29
No longer forecast to breakeven The 4 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €46.6k in 2025. New consensus forecast suggests the company will make a loss of €2.23m in 2025. Breakeven Date Change • May 25
No longer forecast to breakeven The 4 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €46.6k in 2025. New consensus forecast suggests the company will make a loss of €2.23m in 2025. Breakeven Date Change • May 25
No longer forecast to breakeven The 4 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €46.6k in 2025. New consensus forecast suggests the company will make a loss of €2.23m in 2025. Breakeven Date Change • May 18
No longer forecast to breakeven The 4 analysts covering HomeToGo no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €46.6k in 2025. New consensus forecast suggests the company will make a loss of €300.1k in 2025. Reported Earnings • May 17
First quarter 2023 earnings released First quarter 2023 results: Revenue: €21.9m (up 16% from 1Q 2022). Net loss: €34.3m (loss widened 14% from 1Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in Germany. Breakeven Date Change • Apr 19
Forecast to breakeven in 2025 The 4 analysts covering HomeToGo expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 37% per year to 2024. The company is expected to make a profit of €46.6k in 2025. Average annual earnings growth of 62% is required to achieve expected profit on schedule. Breakeven Date Change • Nov 04
Forecast to breakeven in 2024 The 3 analysts covering HomeToGo expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 63% per year to 2023. The company is expected to make a profit of €1.67m in 2024. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Announcement • Sep 22
HomeToGo SE to Report Q3, 2022 Results on Nov 10, 2022 HomeToGo SE announced that they will report Q3, 2022 results on Nov 10, 2022 Reported Earnings • Aug 19
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €37.6m (up 83% from 2Q 2021). Net loss: €18.7m (loss narrowed 52% from 2Q 2021). Over the next year, revenue is forecast to grow 37%, compared to a 694% growth forecast for the Hospitality industry in Germany. Breakeven Date Change • Aug 18
Forecast to breakeven in 2024 The 3 analysts covering HomeToGo expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 64% per year to 2023. The company is expected to make a profit of €2.33m in 2024. Average annual earnings growth of 78% is required to achieve expected profit on schedule. Announcement • Jul 29
HomeToGo SE to Report Q2, 2022 Results on Aug 16, 2022 HomeToGo SE announced that they will report Q2, 2022 results Pre-Market on Aug 16, 2022 Announcement • Jun 23
HomeToGo SE Appoints Christina Smedley to Its Supervisory Board HomeToGo SE announced that the Supervisory Board of the Company has co-opted Christina Smedley, Co-founder and Chief Marketing & Communications Officer at Lightspark, as member of the Supervisory Board. Her career spans additional leadership roles in marketing and communications at Facebook/Meta, PayPal, Amazon and RobinHood as well as leading the global consumer marketing practice at Edelman. Smedley will replace Thilo Semmelbauer of Insight Partners, effective 1 July 2022, following Semmelbauer's resignation from the Supervisory Board. Buying Opportunity • Jun 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be €3.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 63% over the last year. Earnings per share has declined by 487%. Revenue is forecast to grow by 103% in 2 years. Earnings is forecast to grow by 91% in the next 2 years. Breakeven Date Change • Jun 03
Forecast to breakeven in 2024 The 3 analysts covering HomeToGo expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 65% per year to 2023. The company is expected to make a profit of €841.6k in 2024. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Announcement • Jun 03
HomeToGo SE (DB:HTG) acquired remaining 81% stake in SECRA GmbH. HomeToGo SE (DB:HTG) acquired remaining 81% stake in SECRA GmbH on June 1, 2022. SECRA's office, its team of more than 40 employees as well its founders and management team - headquartered in Sierksdorf, Germany - will remain operational as usual and join the HomeToGo Group.
HomeToGo SE (DB:HTG) completed the acquisition of remaining 81% stake in SECRA GmbH on June 1, 2022. Announcement • May 18
HomeToGo SE Provides Earnings Guidance for the Year 2022 HomeToGo SE provided earnings guidance for the year 2022. For the year, the company expects IFRS revenues to grow by 40% to 50% year-over-year to EUR 133 million to 143 million. Breakeven Date Change • May 13
Forecast to breakeven in 2024 The 3 analysts covering HomeToGo expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 68% per year to 2023. The company is expected to make a profit of €1.94m in 2024. Average annual earnings growth of 100% is required to achieve expected profit on schedule. Announcement • Apr 01
HomeToGo SE (DB:HTG) acquired E-Domizil Gmbh from e-vacation Group Holding GmbH for EUR 40 million. HomeToGo SE (DB:HTG) acquired E-Domizil Gmbh from e-vacation Group Holding GmbH for EUR 40 million on March 31, 2022. The purchase price is in the range of EUR 40 million, of which approximately EUR 2 million is paid with class A shares of HomeToGo, and subject to a customary purchase price adjustment mechanism. The transaction is subject to a customary purchase price adjustment mechanism. The acquisition will contribute to HomeToGo's growing onsite business as well as continued global expansion.
HomeToGo SE (DB:HTG) completed the acquisition of E-Domizil Gmbh from e-vacation Group Holding GmbH for EUR 40 million on March 31, 2022. Announcement • Jan 13
HomeToGo SE Provides Revenue Guidance for the Year 2021 HomeToGo SE provided revenue guidance for the year 2021. The company expects to be around the higher end of its IFRS Revenue guidance for 2021, which it had increased to EUR 85 million to 90 million in November 2021 from EUR 80 million previously. Announcement • Jan 05
HomeToGo SE (DB:HTG) acquired STE PRAXIS SARL from Seloger.com SA. HomeToGo SE (DB:HTG signed an agreement to acquire STE PRAXIS SARL from Seloger.com SA on August 2021. Looking ahead, the amivac.com, vacances.com and vacances.seloger.com brands will continue to operate under their independent identities.
HomeToGo SE (DB:HTG) completed the acquisition of STE PRAXIS SARL from Seloger.com SA on January 1, 2022. Announcement • Sep 23
HomeToGo GmbH completed the acquisition of Lakestar SPAC I SE (DB:LRS1) in a reverse merger transaction. HomeToGo GmbH entered into a non-binding letter of intent to acquire Lakestar SPAC I SE (DB:LRS1) in a reverse merger transaction for €853 million on June 4, 2021. HomeToGo GmbH entered into a definitive business combination agreement to acquire Lakestar SPAC I SE (DB:LRS1) in a reverse merger transaction on July 14, 2021. The transaction values the Combined Company at an equity value of €1.2 billion and an enterprise value of €861 million. The current HomeToGo shareholders, convertible lenders and holders of virtual options are expected to receive 85 million shares in the Combined Company, retaining 69% of the post transaction equity in aggregate. Lakestar SPAC I investors and founders are expected to retain 25% in the Combined Company and PIPE investors will invest EUR 75 million resulting in a 6% equity interest. As on August 13, 2021, Lakestar SPAC I SE will Shareholder meeting on September 13, 2021 for approval of the proposed business combination with HomeToGo GmbH, Change of the name of the Company into “HomeToGo SE”. This change will require a majority of two-thirds of the share capital present at the EGM and Appointment of Christoph Schuh, Dirk Altenbeck, Philipp Kloeckner, Martin Reiter, Susanne Sandler and Thilo Semmelbauer as new members of the supervisory board, effective as of the decision of the supervisory board of the Company to be taken on the date following the Business Combination. The amount of cash remaining with Lakestar SPAC I SE after redemptions will be significantly higher than €175 million, the minimum cash amount agreed upon by the Lakestar SPAC I SE and HomeToGo in the business combination agreement. As of September 13, 2021, shareholder`s of Lakestar SPAC I approved the transaction and EGM also approved the renaming of the company and appointed the members of its new Supervisory Board.
Upon closing of the Transaction, the listed entity is expected to be named HomeToGo and will be listed on the Frankfurt Stock Exchange under the ticker "HTG". The combined company will be led by Dr. Patrick Andrae (Co-founder and CEO of HomeToGo), Wolfgang Heigl (Co-founder and Chief Strategy Officer (CSO) of HomeToGo), Valentin Gruber (newly appointed COO of HomeToGo) and Steffen Schneider (CFO of HomeToGo). Martin Reiter will join the supervisory board and is also investing in the Combined Company. The closing of the Transaction is subject to the approval of the Company's shareholders and the satisfaction or waiver of certain other customary closing conditions. The Transaction is expected to complete in the third quarter of 2021. As of September 13, 2021, the closing of the business combination is expected to occur by the end of September 2021. HomeToGo plans to use the proceeds from the De-SPAC transaction to drive its organic growth. Deutsche Bank acted as financial advisor to Lakestar SPAC I and Morgan Stanley acted as financial advisor to HomeToGo. Carsten Berrar, Konstantin Technau and Clemens Rechberger of Sullivan & Cromwell served as legal counsel to Lakestar SPAC I. Philipp Klöckner, George Hacket, Thomas Krecek, Benedikt von Wissel and Julia Zeller of Clifford Chance and Vogel Heerma Waitz served as legal counsel to HomeToGo. Nicolas Ott, Matthias Heusel and and Jan Friedrichson of Schilling, Zutt & Anschutz acted as legal advisor to HomeToGo. Katy Ritzmann of GSK Stockmann advises HomeToGo GmbH and Princeville Capital. Alexander Olliges and François Warken of Arendt & Medernach SA acted legal advisors to sponsors of Lakestar SPAC I SE.
HomeToGo GmbH completed the acquisition of Lakestar SPAC I SE (DB:LRS1) in a reverse merger transaction on September 21, 2021. 