Earnings Alerts

Scout24 AG (G24) Earnings: 2Q Operating EBITDA Surpasses Estimates with 17% Growth

  • Scout24’s Operating EBITDA for the second quarter was €101.7 million, showing a 17% increase year over year.
  • The reported Operating EBITDA exceeded analysts’ estimates of €99.3 million.
  • The company’s EBITDA margin improved to 63.3%, compared to 62.3% in the previous year.
  • Revenue was €160.6 million, marking a 15% rise from the previous year and surpassing the estimated €159.3 million.
  • The revenue growth forecast for the year remains at 14% to 15%.
  • The company anticipates an increase in the ordinary operating EBITDA margin by up to 70 basis points for the full year.
  • Market sentiment includes 11 buy ratings, 6 hold ratings, and 1 sell rating for Scout24.

A look at Scout24 AG Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Scout24 AG, an operator of digital classifieds platforms focusing on real estate and automotive sectors in Germany and other European countries, has a promising long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company is showing positive upward movement and market interest. Its growth and resilience scores of 4 each further indicate a solid foundation and potential for future expansion, while the dividend score of 3 suggests a moderate commitment to rewarding shareholders. Although the value score is at 2, indicating some room for improvement in terms of valuation metrics, the overall outlook for Scout24 AG appears optimistic, especially with its robust performance in key aspects.

In summary, Scout24 AG‘s digital classifieds platform operations in the real estate and automotive sectors across Germany and selected European countries position it well for long-term success. The company’s Smartkarma Smart Scores reflect a favorable trajectory, with particularly strong ratings in momentum, growth, and resilience. While there is room for enhancement in terms of value and dividends, the overall outlook for Scout24 AG suggests a company with a solid strategic focus and growth potential in the evolving digital marketplace.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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