In This Article:
Scout24 (ETR:G24) Full Year 2024 Results
Key Financial Results
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Revenue: €588.8m (up 11% from FY 2023).
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Net income: €162.1m (down 9.3% from FY 2023).
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Profit margin: 28% (down from 34% in FY 2023). The decrease in margin was driven by higher expenses.
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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
It's possible that Scout24 could be overvalued with our 6-factor valuation analysis indicating potential weakness. Discover what analysts are forecasting and how the current share price shapes up by clicking here.
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