29/10/2024 07:08
EQS-Adhoc: Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the third quarter of 2024
INFORMATION REGLEMENTEE

EQS-Ad-hoc: Hypoport SE / Key word(s): Quarter Results/Preliminary Results
Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the third quarter of 2024

29-Oct-2024 / 07:08 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Inside information pursuant to article 17 of the Market Abuse Regulation (MAR)


 

Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the third quarter of 2024


 


Berlin, 29 October 2024: At today's Management Board meeting, Hypoport’s preliminary business figures for the third quarter of 2024 were evaluated. On this basis, the Hypoport Management Board expects the following results:


 


  • Revenue Q3/24: +29% to €114 mn (Q3/23: €88 mn)
  • Gross profit Q3/24: +12% to €57 mn (Q3/23: €51 mn)
  • EBIT Q3/24: approx. €3.6 mn Euro (Q3/23: €-1.1 mn)

 


 
  • Revenue Q1-Q3/24: +24% to €332 mn (Q1-Q3/23: €267 mn)
  • Gross profit Q1-Q3/24: +11% to €170 mn (Q1-Q3/23: €153 mn)
  • EBIT Q1-Q3/24: approx. €11.5 mn (Q1-Q3/23: €-2.9 mn)

 


The main reason for the Group's increase in revenue and earnings in the third quarter of 2024 was a significant year-on-year improvement in business development in private mortgage finance in the Real Estate & Mortgage Platforms segment.


 


In the Financing Platforms segment, revenue and earnings trends in the traditionally volatile business models of corporate finance (REM Capital) and loan brokerage for the housing industry (Dr. Klein Wowi Finanz) were again weaker than expected in the third quarter of 2024.


 


As announced, Hypoport will publish its final Q1-Q3 results on Monday, 11 November 2024.


 


Contact


Jan H. Pahl


Head of Investor Relations // IRO


 


Phone: +49 (0)30 / 42086 - 1942


Mobile: +49 (0)176 / 965 125 19


Email: ir@hypoport.de


 


Hypoport SE


Heidestr. 8


10557 Berlin


Germany


 


 


Key data on Hypoport's shares


Hypoport SE


Regulated Market in Frankfurt (Prime Standard)


ISIN DE0005493365 / WKN 549336 / Stock exchanges symbol HYQ




End of Inside Information

29-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com



Language: English
Company: Hypoport SE
Heidestraße 8
10557 Berlin
Germany
Phone: +4930420861942
Fax: +49/30 42086-1999
E-mail: ir@hypoport.de
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2017631

 
End of Announcement EQS News Service

2017631  29-Oct-2024 CET/CEST


fncls.ssp?fn=show_t_gif&application_id=2017631&application_name=news&site_id=symex~~~af100301-a623-4c64-8f3d-90fc88eca9e6









EQS-Ad-hoc: Hypoport SE / Key word(s): Quarter Results/Preliminary Results


Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the third quarter of 2024


29-Oct-2024 / 07:08 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.



Inside information pursuant to article 17 of the Market Abuse Regulation (MAR)


 

Hypoport SE: Double-digit percentage growth in revenue and significant increase in EBIT in the third quarter of 2024



 



Berlin, 29 October 2024: At today's Management Board meeting, Hypoport’s preliminary business figures for the third quarter of 2024 were evaluated. On this basis, the Hypoport Management Board expects the following results:



 



  • Revenue Q3/24: +29% to €114 mn (Q3/23: €88 mn)

  • Gross profit Q3/24: +12% to €57 mn (Q3/23: €51 mn)

  • EBIT Q3/24: approx. €3.6 mn Euro (Q3/23: €-1.1 mn)

 


 

  • Revenue Q1-Q3/24: +24% to €332 mn (Q1-Q3/23: €267 mn)

  • Gross profit Q1-Q3/24: +11% to €170 mn (Q1-Q3/23: €153 mn)

  • EBIT Q1-Q3/24: approx. €11.5 mn (Q1-Q3/23: €-2.9 mn)

 



The main reason for the Group's increase in revenue and earnings in the third quarter of 2024 was a significant year-on-year improvement in business development in private mortgage finance in the Real Estate & Mortgage Platforms segment.



 



In the Financing Platforms segment, revenue and earnings trends in the traditionally volatile business models of corporate finance (REM Capital) and loan brokerage for the housing industry (Dr. Klein Wowi Finanz) were again weaker than expected in the third quarter of 2024.



 



As announced, Hypoport will publish its final Q1-Q3 results on Monday, 11 November 2024.



 



Contact



Jan H. Pahl



Head of Investor Relations // IRO



 



Phone: +49 (0)30 / 42086 - 1942



Mobile: +49 (0)176 / 965 125 19



Email: ir@hypoport.de



 



Hypoport SE



Heidestr. 8



10557 Berlin



Germany



 



 



Key data on Hypoport's shares



Hypoport SE



Regulated Market in Frankfurt (Prime Standard)



ISIN DE0005493365 / WKN 549336 / Stock exchanges symbol HYQ





End of Inside Information


29-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com





























Language: English
Company: Hypoport SE

Heidestraße 8

10557 Berlin

Germany
Phone: +4930420861942
Fax: +49/30 42086-1999
E-mail: ir@hypoport.de
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2017631





 
End of Announcement EQS News Service




2017631  29-Oct-2024 CET/CEST







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