Scout24 Full Year 2024 Earnings: In Line With Expectations

Scout24 (ETR:G24) Full Year 2024 Results

Key Financial Results

• Revenue: €588.8m (up 11% from FY 2023).
• Net income: €162.1m (down 9.3% from FY 2023).
• Profit margin: 28% (down from 34% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: €2.22 (down from €2.43 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Scout24 Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

The primary driver behind last 12 months revenue was the Professional segment contributing a total revenue of €409.9m (70% of total revenue). The most substantial expense, totaling €138.9m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how G24's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Interactive Media and Services industry in Europe.

Performance of the market in Germany.

The company's share price is broadly unchanged from a week ago.

Valuation

Our analysis of Scout24 based on 6 different valuation metrics shows it might be overvalued. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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