Slide 1: Q3/9M 2025 Results Presentation
Q3/9M 2025 Results Raising Presentation 30 October 2025 the Bar © Scout24 Investor Relations
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer or invitation to sell or issue securities of the Company, nor should it be construed as an offer or invitation to purchase or subscribe for securities of the Company, nor should any part of it or the fact of its distribution be construed as p
Slide 3: Business & Market Update
Business & Market Update 3 Q3/9M 2025 Results | October 2025
Slide 4: Executive Summary
Executive Summary Sustained growth momentum in Q3 2025: double-digit organic revenue growth continues, ooEBITDA margin resilient against strong prior-year comparables while integrating acquisitions Core businesses continue to perform strongly in Q3: B2B membership growth impressive at 16.7%, private
Slide 5: Customer base continues to expand: Professional growth remains strong while private maintains mid-teens growth
Customer base continues to expand: Professional growth remains strong while private maintains mid-teens growth and strong net adds quarter-on-quarter Number of Numbers of professional customers 26.1 private customers 526.7 20.5 46.6 in k in k 2018 Q3/2025 2018 Q3/2025 Q3/2024 Q4/2024 Q1/2025 Q2/2025
Slide 6: Scout24 surpassing 600k listings as transaction volumes continue to normalise
Scout24 surpassing 600k listings as transaction volumes continue to normalise Scout24 Transaction Momentum1 and Listings2 Index Contact request to agents3 6 Q3/9M 2025 Results | October 2025 1 Index includes residential as well as commercial transactions, and is derived from various data sources and
Slide 7: Key takeaways
Key takeaways Q3 and 9M results show consistent Product-led strategy driving strong execution, balancing customer and Embracing AI while building on revenue and customer growth in seeker investments with strong Scout24's unique data and content our core business financials German market fundamentals
Slide 8: Financial Update
Financial Update 8 Q3/9M 2025 Results | October 2025
Slide 9: Financial Metrics Dashboard
Financial Metrics Dashboard Revenue (EUR m) ooEBITDA (EUR m) +15% +15% +15% +16% 483.8 419.6 299.6 257.1 ooEBITDA 144.0 165.6 104.2 +0.6pp margin (%) 90.7 61.3% 61.9% 0.0pp 62.9% 62.9% Q3 2024 Q3 2025 9M 2024 9M 2025 Q3 2024 Q3 2025 9M 2024 9M 2025 Adj. EPS (EUR) Operating cash flow (EUR m) +19% +20
Slide 10: Professional segment: Mid-teens growth driven by strong subscriptions
Professional segment: Mid-teens growth driven by strong subscriptions Subscription revenue very strong in Q3 on reported as well as organic basis EUR m Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change Professional revenue 119.0 103.4 +15.1% 350.0 303.7 +15.2% Continued strong organic Subscription reven
Slide 11: Private segment performing strongly: subscriptions growing high-teens, PPA growth accelerating
Private segment performing strongly: subscriptions growing high-teens, PPA growth accelerating Mid-teens subscriber growth continues; strong net adds of 24.5k EUR m Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change and 4.9% growth quarter on quarter Private revenue 46.7 40.7 +14.7% 133.8 115.9 +15.5% AR
Slide 12: Strong 9M margin expansion despite M&A integration, Q3 margins resilient
Strong 9M margin expansion despite M&A integration, Q3 margins resilient Personnel costs organically stable, EUR m Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change reported increase due to M&A Revenue 165.6 144.0 +15.0% 483.8 419.6 +15.3% additions Revenue (organic) 160.1 144.0 +11.1% 467.7 419.6 +11.5
Slide 13: Strong earnings performance continues: Adjusted EPS up 20% in 9M, basic EPS boosted by one-time tax gain
Strong earnings performance continues: Adjusted EPS up 20% in 9M, basic EPS boosted by one-time tax gain EUR m Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change Non-operating effects detailed on next page ooEBITDA 104.2 90.7 +14.9% 299.6 257.1 +16.5% Non-operating effects -7.2 -5.4 -33.0% -42.8 -33.0 -2
Slide 14: Q3: non-operating effects reflect M&A expenses; reported net income benefited from one-time tax gain
Q3: non-operating effects reflect M&A expenses; reported net income benefited from one-time tax gain Non-operating effects (excl. SBC) EUR 0.90 increased due to increased earn- Adjusted out valuation for Sprengnetter and EUR 1.41 EPS Reported M&A fees related to Spain EPS 2.3 acquisition 5.8 1.3 101
Slide 15: Free cash flow increasing strongly by 17% for 9M 2025, exceeding revenue and ooEBITDA growth
Free cash flow increasing strongly by 17% for 9M 2025, exceeding revenue and ooEBITDA growth 36.3 (EUR m) 8.8 202.4 190.5 21.2 -22.7 -31.7 Net income D&A Capitalised assets & IFRS Net taxes paid Changes working capital Net financial impact Free cash flow 16 leasing & provisions Free cash flow develo
Slide 16: Leverage down to 0.4x from strong cash generation, increased buy-back activity in Q3
Leverage down to 0.4x from strong cash generation, increased buy-back activity in Q3 Leverage Capital Returns (EUR m) 0.55 0.53 95.4 0.51 87.9 0.47 0.42 0.40 36.6 0.38 0.38 24.4 21.8 23.5 16.7 13.4 14.8 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q
Slide 17: Guidance 2025 narrowed to upper end of revenue growth and ooEBITDA margin expansion
Guidance 2025 Financial Impact: Fotocasa & Habitaclia narrowed to 2026 • EPS neutral • Low single-digit Group margin dilution mid to upper end • 63% margin target unchanged (for existing business, excluding Fotocasa & Habitaclia) of revenue growth of 2027 14-15% • Fotocasa & Habitaclia to be ooEBITD
Slide 18: Q&A
Q&A 18 Q3/9M 2025 Results | October 2025
Slide 19: FY (and Q4) 2025 preliminary results – February 2026
FY (and Q4) 2025 preliminary results – 26 February 2026 Filip Lindvall – Vice President Group Strategy & Investor Relations ir@scout24.com