Slide 1: Raising the Bar: Q2/H1 2025 Results
Q2/H1 2025 Results Raising Presentation 7 August 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 Q2/H1 2025 Results | August 2025
Slide 4: Executive Summary
Executive Summary Continued momentum results in strong H1 2025: double-digit organic revenue growth, continued ooEBITDA margin expansion and strong EPS development Customer gains across platform continue: accelerating B2B growth of 6.1%; private subscribers growing 15.3%, now exceeding 500k Strong H
Slide 5: Customer Growth
Customer growth: Professional accelerating in Q2 while private maintains mid-teens growth momentum despite tough y-o-y comparison Number of Numbers of professional customers private customers 25.9 502.3 20.5 46.6 in k in k 2018 Q2/2025 2018 Q2/2025 Q2/2024 Q3/2024 Q4/2024 Q1/2025 Q2/2025 Q2/2024 Q3/
Slide 6: Listing Growth Continues
Listing growth continues as transaction volumes return to normal levels Scout24 Transaction Momentum1 and Listings2 Index Contact request to agents3 1 6 Q2/H1 2025 Results | August 2025 Index includes residential as well as commercial transactions, and is derived from various data sources and propri
Slide 7: Comprehensive AI Deployment
Comprehensive AI deployment enhancing every touchpoint of our platform B2B B2C Internal Workflows Hello Scout! Instant video creation I'm Claude, your AI assistant. I'm here to help with everything from writing and Image optimisation research to coding and data analysis. Think of me as your digital
Slide 8: Key Takeaways
Key takeaways Revenue momentum from core Record customer growth and business and strategic continuity market share gains driven by deliver upgraded guidance product-leadership AI integration accelerating Platform network effects and across all products interconnectivity strengthening 8 Q2/H1 2025 Re
Slide 9: Financial Update
Financial Update 9 Q2/H1 2025 Results | August 2025
Slide 10: Financial Metrics Dashboard
Financial Metrics Dashboard Revenue (EUR m) ooEBITDA (EUR m) +15% +15% +17% +17% 318.2 195.4 275.6 166.5 101.7 139.5 160.6 ooEBITDA 87.0 +1.0pp margin (%) +0.9pp 60.4% 61.4% 62.3% 63.3% Q2 2024 Q2 2025 H1 2024 H1 2025 Q2 2024 Q2 2025 H1 2024 H1 2025 Adj. EPS (EUR) Operating cash flow (EUR m) +24% +2
Slide 11: Professional Segment
Professional segment: Mid-teens growth driven by strong Subscription revenue remains subscriptions; transaction enablement slightly softer q-o-q strong on organic basis at 11.7%, driven by robust customer gains and product adoption EUR m Q2 2025 Q2 2024 Change H1 2025 H1 2024 Change Professional rev
Slide 12: Private Segment
Private segment maintains strong trajectory with continued growth in Plus subscription products EUR m Q2 2025 Q2 2024 Change H1 2025 H1 2024 Change Subscription strength continues: Crossing 500k customers in Q2 Private revenue 44.9 38.4 +16.8% 87.2 75.2 +15.9% Subscriber growth return to Subscriptio
Slide 13: Interconnectivity and Operational Leverage
Revenues up 11.1% in Q2 and 11.6% Interconnectivity continues to deliver operational in H1 on an organic basis leverage in Q2 and H1 2025 Personnel cost increase mainly due to integration of acquisitions EUR m Q2 2025 Q2 2024 Change H1 2025 H1 2024 Change Revenue 160.6 139.5 +15.1% 318.2 275.6 +15.5
Slide 14: EPS Growing >20% in H1 2025
Both basic and adjusted EPS growing >20% in H1 2025 See previous page for increase of operating effects EUR m Q2 2025 Q2 2024 Change H1 2025 H1 2024 Change ooEBITDA 101.7 87.0 +16.9% 195.4 166.5 +17.3% D&A decreased in Q2 primarily driven by the completion of IT Non-operating effects -27.8 -15.5 -78
Slide 15: Higher SBC and Non-Operating Costs
Higher SBC and continued strong performance of Sprengnetter drove increased non-operating costs in Q2 Non-operating effects increased significantly, primarily due to higher share-based EUR 0.87 Adjusted compensation EUR 0.54 EPS Reported Non-operating effects w/o SBC EPS 4.2 17.9 2.4 increased due t
Slide 16: Free Cash Flow Growth
Free cash flow continues to grow strongly in line with revenue growth in H1 2025 Strong and growing cash flow generation 24.2 8.0 118.1 13.5 (EUR m) 89.0 -15.6 -1.0 Net income D&A Capitalised assets & IFRS Net taxes paid Changes working capital Net financial impact Free cash flow 16 leasing & provis
Slide 17: Leverage Increased to 0.53x
Leverage increased to 0.53x due to higher credit facility utilisation and share buy-back programme commitments Leverage Capital Returns (EUR m) 0.55 0.53 95.4 87.9 0.51 0.47 0.42 0.40 21.8 24.4 23.5 0.38 16.7 13.4 14.8 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q1 2024 Q2 2024 Q3 2024 Q
Slide 18: Updated Guidance
Previous Guidance Updated Guidance revenue growth revenue growth 12-14% 14-15% (including a contribution from (including a contribution from acquisitions of approx. 2pp) acquisitions of approx. 3pp) ooEBITDA margin ooEBITDA margin up to 50 bps up to 70 bps 18 Q2/H1 2025 Results | August 2025
Slide 19: Q&A
Q&A 19 Q2/H1 2025 Results | August 2025
Slide 20: Q3/9M 2025 Results
Q3/9M 2025 results – 30 October 2025 Filip Lindvall – Vice President Group Strategy & Investor Relations ir@scout24.com