Hometogo Se · XETR:HTG
Hometogo — Investor Presentation (April 2026)
51 slides from Hometogo's investor presentation, Apr 1, 2026
Slide 1: Investorenpräsentation
Investorenpräsentation Sebastian Bielski, CFO Carsten Fricke, Investor Relations 1 April 2026
Slide 2: Darum geht es bei HomeToGo
Darum geht es bei HomeToGo • Besitzen Sie ein Haus? Vielleicht haben Sie ein schönes Urlaubsdomizil an einem See, an der Küste oder in den Bergen • Möchten Sie Ihre Immobilie anderweitig nutzen? Vielleicht nutzen Sie Ihr Haus nur mit Ihrer Familie. Aber wir vermuten, dass Sie Ihr Haus auch als Anlag
Slide 3: HomeToGo ist das Rückgrat der Ferienhausvermietung in Europa
HomeToGo ist das Rückgrat der Ferienhausvermietung in Europa – wir bieten Software und technologiegestützte Services für die Angebotsseite und Konnektivität für die Nachfrageseite Dank seines umfassenden Serviceangebots kann HomeToGo seine Kunden innerhalb seines Ökosystems Eigentümer binden – und s
Slide 4: HomeToGo ist Europas führende Ferienhaus-Plattform mit B2B-Fokus
HomeToGo ist Europas führende Ferienhaus-Plattform mit B2B-Fokus und voller vertikaler Integration Hintergrund Produktübersicht Finanzielle Entwicklung (PF3) 2014 gegründet 383 394 324 Hauptsitz in Berlin1 B2C Wiederk ehre nde (SaaS) Umsätze ~70% +1,600 Angestellte 2 37% Börsengelistet seit 2021 (FY
Slide 5: Durch vertikale Integration konkrete Synergien zwischen B2B und B2C
Durch vertikale Integration lassen sich konkrete finanzielle und operative Synergien zwischen dem Kernsegment B2B und dem B2C-Marktplatz erzielen Umfassende Marktinformationen Internalisierte Vertriebsmarge in Echtzeit Der M ark etplace fu ngiert für un sere B2B-Par tn er als Die Nu tzung un ser es
Slide 6: Vom Start-up zur führenden Plattform für Ferienwohnungen in Europa
Vom Start-up zur führenden Plattform für Ferienwohnungen in Europa – dank organischem Wachstum und einer erfolgreichen Bilanz bei Übernahmen und Integrationen Stärk un g des B2B-Segmen ts un d Au sbau des tech nolo gie ges tützten Dien stleis tungsangebo ts IFRS-Umsatzerlöse (€M) Ein führu ng des KI
Slide 7: Das Erlösmodell von HomeToGo
Das Erlösmodell von HomeToGo’s B2B: Software & Servicelösungen B2C: Marktplatz (63% der IFRS Umsatzerlöse1) (37% der IFRS Umsatzerlöse1) 56 % + 6% 23% + 15% Volumenbasiertes Abonnement Buchungsgeschäft Werbegeschäft Geschäft Geschäft (Onsite) Wiederkehrende SaaS- Provision auf den Werbeeinnahmen Ums
Slide 8: Treue B2B-Partner sorgen für verlässliche wiederkehrende Umsätze
Die treuen B2B-Partner und Kunden von HomeToGo sorgen für einen attraktiven Anteil an äußerst verlässlichen Wiederholungs- und wiederkehrenden Umsätzen HomeToGo_PRO ist das größte Segment (~80 % des bereinigten EBITDA) und zeichnet sich durch eine stabile Basis aus wiederkehrenden und wiederholten U
Slide 9: Breit gefächertes Kundenportfolio, kein Kunde über ca. 9%
Ein breit gefächertes Kundenportfolio, wobei kein einzelner Kunde mehr als ca. 9% zum Konzernumsatz beiträgt Konzernumsatz nach Segmenten B2B: Software & Servicelösungen B2C: Martkplatz (63% der GJ/25 Umsatzerlöse1) (37% der GJ/25 Umsatzerlöse1) ~23%(~9% der Gruppe ) 1 Gr ößter Ku nde un d Aggregati
Slide 10: Übernahme von Interhome im August 2025 abgeschlossen
Die wegweisende Übernahme von Interhome wurde im August 2025 abgeschlossen: HomeToGo verlagert seinen Fokus auf den B2B-Bereich, verdreifacht seine Rentabilität und erzielt einen deutlich positiven freien Cashflow Ein wegweisender Deal, der HomeToGo_PRO (B2B) mit stabilen und planbaren Umsätzen stär
Slide 11: Kostensynergien aus der Interhome-Übernahme von rund 10 Mio. €
Konkrete Kostensynergien aus der Übernahme von Interhome in Höhe von rund 10 Mio. € sowie weiteres Wertschöpfungspotenzial auf mittlere Sicht Kommentare Bereits realisierte annualisierte 1 Geplante mittelfristige Synergieeffekte in Höhe von ca. 5 Mio. € Interhome Kostensynergien Umsetzung ● Migratio
Slide 12: Strategischer Fahrplan für 2026
Strategischer Fahrplan für 2026 Abschluss der Integration von Interhome Vollständige Realisierung der angestrebten kurzfristigen Kostensynergien in Höhe von 10 Mio. € auf annualisierter Basis, um die Integration von Interhome abzuschließen Strategisches M&A in HomeToGo_PRO Nutzung der gestärkten Bil
Slide 13: Bereinigtes EBITDA pro forma 2025 um 27% gestiegen
Auf Pro-forma-Basis stieg das bereinigte EBITDA im Jahr 2025 um 27% Pro-forma Bereinigtes EBITDA Pro-forma IFRS-Umsatzerlöse (Marge) 7.6% 8.6% 10.6% in €M +10% in €M CAGR +30% CAGR +3% 394.3 +27% 383.3 42.0 323.9 32.8 24.5 GJ/23 GJ/24 GJ/25 GJ/23 GJ/24 GJ/25 13
Slide 14: Ein neues Wachstumskapitel: Ausblick GJ 2026
Ein neues Wachstumskapitel: Ziel sind IFRS-Umsätze von über 400 Mio. € bei einer mehr als dreifachen Steigerung des Bereinigten EBITDA Zielerreichung Ausblick für GJ 2025 GJ 2026 IFRS- €255.5M €400-410M Umsatzerlöse (+20% YoY) (+>55% YoY) C O NF ID EN T IAL Bereinigtes €13.2M €45-47M EBITDA (+3% YoY
Slide 15: 5 Gründe, warum Sie in HomeToGo investieren sollten
5 Gründe, warum Sie in HomeToGo investieren sollten HomeToGo ist Europas führende Plattform für Ferienunterkünfte ▪ Das Angebot deckt die gesamte Wertschöpfungskette im Bereich Ferienvermietung ab ▪ Der Schwerpunkt liegt auf attraktiven B2B-Aktivitäten, wobei der Anteil wiederkehrender Umsätze bei c
Slide 16: Appendix
home to go. Appendix
Slide 17: HomeToGo_PRO is the backbone of vacation home supply in Europe
HomeToGo_PRO is the backbone of vacation home supply in Europe, offering software and tech-enabled service solutions to hosts, homeowners and partners Software & Service Solutions B2B focusing on SaaS and tech- enabled services for the Supply side Attractive underlying segment dynamics with signific
Slide 18: HomeToGo now operates across the full competitive landscape
Following the entrance into property management, HomeToGo now operates across the full competitive landscape Software / SaaS Tech-enabled services Marketplace Software for VRMCs, hosts, Provide a complete service to owner Act as a distribution site, aggregator/OTAs and small lodging effectively mana
Slide 19: Flexible and modular tech-enabled services to hosts and homeowners
HomeToGo provides flexible and modular tech-enabled services to hosts and homeowners, resulting in higher basket sizes, higher margin and lower churn Strong portfolio of Local Service Offices… ...providing flexible, modular services… …enhancing property attractiveness Serviced properties vs. Partial
Slide 20: Large and highly fragmented B2B Software & Services market
Large and highly fragmented B2B Software & Services market with strong organic growth dynamics and significant M&A roll-up opportunity in the VRMC market through ‘buy & build’ # of properties in Europe Competitive landscape Europe represents a large market Total addressable market (TAM) with ~17M va
Slide 21: Industry-leading software suites for property managers and DMOs
Industry-leading software suites for property managers and DMOs 1, and scalable white label and API products for travel industry partners Caters to individual hosts managing one to Designed for professional property Seamless integration with HomeToGo’s B2C ten properties who seek a self-service mana
Slide 22: HomeToGo's AI-powered B2C Marketplace
HomeToGo’s AI-powered B2C Marketplace seamlessly connects travellers with the perfect home for any trip with the world’s largest selection of vacation rentals B2C AI-powered Marketplace with the world’s largest selection of vacation rentals HomeToGo Marketplace has a leading position as distribution
Slide 23: B2C Marketplace focus on growing profits, not top-line
For the B2C Marketplace, the focus is on growing profits - not on increasing top-line Recent development HomeToGo Marketplace Clear focus on marketing efficiency In €M Marketing & Sales cost / IFRS Revenues1 IFRS Revenues ^ Adjusted EBITDA (margin) 100% -43pp +0.3% >5x 66% 62% 57% 151.7 15.8 151.3 2
Slide 24: Basket size for Marketplace bookings continues to grow
Basket size for bookings on our Marketplace continues to grow in our European core markets Regional Booking Revenues share 1 Basket size evolution1 1,500€ Rest of World w/o short- w/o short- <1% (±0pp YoY) trip business trip business North America FY/25 overall €1,262 basket size: 20% (-2pp YoY) (+1
Slide 25: HomeToGo Payments surpassed 2024 processing volume in H1/25
HomeToGo Payments surpassed the total processing volume of 2024 in H1/25 by over 20% Share of Onsite GBV using HomeToGo Payments:1 Fast adoption in L12M Key advantages for Travelers Enhanced booking experience and increased customer trust through 14 Q2/25: 30% available payment methods (18pp YoY) Pa
Slide 26: HomeToGo Payments is a multi-lane highway infrastructure
HomeToGo Payments is a multi-lane highway infrastructure delivering compound value over time HomeToGo Payments: High adoption → Greater opportunities Higher conversion Upselling opportunities Improved pricing flexibility Better commercial terms Boosting Free Cash Flow (insurance, add-ons like travel
Slide 27: Expanding market with increasing share of VRMCs
Expanding market with increasing share of Vacation Rental Management Company (VRMC) – benefitting HomeToGo – and strong consolidation potential Market for vacation rentals is expanding2 Growth in VRMC1 managed vacation rentals3 Supportive market trends for HomeToGo VRMC Ren t by Share VRMC Reven ue
Slide 28: Seasonal development of IFRS Revenues and Adj. EBITDA
Vacation rentals are summer-holiday-driven explaining the seasonal development of IFRS Revenues and Adj. EBITDA for HomeToGo IFRS Revenues peak during summer in Q3… Other th an for SaaS subscri ptio n …also driving quarterly Adj. EBITDA Quarterly pro for ma IFRS Re ven ues deve lopmen t1 in (€M) rev
Slide 29: On a statutory basis, top-line has increased
A. Statutory view On a statutory basis, top-line has increased - strongly driven by the Interhome acquisition and good organic growth 1 Booking Revenues in €M 2 IFRS Revenues in €M 3 Adjusted EBITDA1 in €M (margin2) +114% +56% 106.9 54.2 (11.5)% (16.3)% Q4 2024 Q4 2025 34.7 49.9 (4.0) Q4 2024 Q4 202
Slide 30: Strategic pivot delivered: HomeToGo_PRO scales through Interhome
A. Statutory view Strategic pivot delivered: HomeToGo_PRO scales significantly through Interhome acquisition while Marketplace profitability quintuples 1 Booking Revenues in €M 2 IFRS Revenues in €M 3 Adjusted EBITDA in €M +28% +20% +3% 333.6 255.5 13.2 212.3 66.2 58.3 12.8 (-10%) (-6%) 259.7 Advert
Slide 31: Triple-digit revenue growth drives record quarter
A. Statutory view Triple-digit revenue growth drives record quarter and Marketplace earnings inflection 1 Booking Revenues in €M 2 IFRS Revenues in €M 3 Adjusted EBITDA in €M +114% +56% (121)% 106.9 54.2 (8.8) 8.0 (-26%) 7.2 (-18%) Advertising Advertising 5.8 28.3 17.3 (n.m.) (+30%) Booking (+21%) B
Slide 32: Overview of statutory results and P&L items below Adj. EBITDA
Overview of statutory results and P&L items below Adj. EBITDA YoY in €M FY/2024 FY/2025 abs. rel. Comments IFRS Revenues 212.3 255.5 43.2 20.3% 1 For discussion of development of Cost of Revenues (4.7) (28.1) (23.4) (496.3)% Adj. EBITDA please refer to Gross Profit 207.6 227.4 19.8 9.5% previous sli
Slide 33: Overview of one-offs and adjustment items below Adj. EBITDA
Overview of one-offs and adjustment items below Adj. EBITDA Comments in €M FY/2024 FY/2025 General and administrative (8.8) (10.0) 1 One-off costs for M&A transactions (e.g. legal, transaction advisory, due Mergers and acquisitions (5.0) 1 (4.7) diligence). In 2024 and 2025 mainly in relation to acq
Slide 34: Goodwill impairment in the Marketplace segment
Goodwill impairment in the Marketplace segment The Group’s statutory net loss for the full year 2025 was negatively impacted by one-time, non-cash impairment losses of €61.3M These impairments mainly relate to the strategic shift announced in October 2025: As part of the Group’s decision to realloca
Slide 35: Deep dive 1: Development of D&A and impairment charges
Deep dive 1: Development of D&A and impairment charges Comments in €M Impairment of PPE, intangible assets, and goodwill ● For details on impairment 84.5 charge in 2025 please refer M&A-related amortization to previous page Amortization of remaining intangible assets 61.3 ● Largest recurring items D
Slide 36: Deep dive 2: P&L effects of share-based compensation
Deep dive 2: P&L effects of share-based compensation in €M VSIP GetAway Group LTI program: Virtual Stock Options (VSOs) 25.7 LTI program: Restricted Stock Stock Units (RSUs) Pre-IPO program (terminated) 9.2 16.4 13.2 4.0 12.0 6.5 t/o ~44% new appointments and 0.5 reappointments of Management 4.4 8.9
Slide 37: Deep dive 2: Long-term incentive program in more detail
Deep dive 2: Long-term incentive program in more detail 1 2 Overview of the current LTI program Distribution of cost over time Illustrative example: €300 award, 100% RSU, (Re-)Grant Vesting Exercise Expiry 3 years vesting period (2-3 years)1 (3 years after vesting) €300 Year 1 Year 2 Year 3 Split in
Slide 38: Deep dive 2: Accounting recognition vs. intrinsic economic value of LTI
Deep dive 2: Accounting recognition vs. intrinsic economic value of LTI Restricted Stock Units Virtual Stock Options LTI cohorte LTI cohorte 2022 2023 2024 2025 2022 2023 2024 2025 Granted RSUs Granted VSOs 2.0M 1.0M 0.6M 3.2M 11.6M 4.5M 1.9M 18.9M Avg. share price 1 Avg. strike price1 €3.50 €2.78 €
Slide 39: Financial Transformation: Successful Senior Secured Bond Placement
Financial Transformation: Successful Senior Secured Bond Placement Facts & Figures Strategic rationale & benefits Unlocking strategic liquidity Issue Volume By replacing the fast-amortizing bank loan, HomeToGo €101M initial issue under a total framework of up to €200M frees up c. €84M in cash flow o
Slide 40: Statements of Total Comprehensive Income and EBITDA reconciliation
Statements of Total Comprehensive Income and EBITDA reconciliation in € thousand Q4/25 Q4/24 FY/25 FY/24 IFRS Revenues 54,227 35,562 255,475 212,278 Cost of revenues (20,190) (7,266) (37,874) (13 ,062) Gross profit 34,037 28,296 217,601 199,215 Product development and operations (10,505) (9,546) (41
Slide 41: Statements of Financial Position
Statements of Financial Position Assets (in € thousand) Dec 31, 2025 Dec 31, 2024 Intangible assets and goodwill 425,399 241 ,522 Property, plant and equipment 43 ,037 12,377 Other receivables (non-current) 2,478 0 Income tax receivables (non-current) 0 11 3 Other financial assets (non-current) 12,2
Slide 42: Statements of Cash Flows (1/2)
Statements of Cash Flows (1/2) in € thousand Q4/25 Q4/24 FY/25 FY/24 Profit (loss) before tax (92,554) (22,571) (101,025) (27,414) Adjustments for: Depreciation and amortization 9,388 12,166 23,183 19,896 Impairment losses on property, plant and equipment and intangible 61,326 - 61,326 - assets Non-
Slide 43: Statements of Cash Flows (2/2)
Statements of Cash Flows (2/2) in € thousand Q4/25 Q4/24 FY/25 FY/24 Net cash from operating activities (10,353) 4,747 (31,198) 166 Proceeds from disposal of property, plant and equipment and intangible 39 254 130 257 assets Proceeds from / (Payments for) financial assets at fair value through profi
Slide 44: Sequential decrease in cash position due to Interhome seasonality
Sequential decrease in cash position mainly due to the seasonality of the Interhome business in €M, rounded 116 (10) 92 (5) (7) Cash & cash Operating CF2 Investing CF Financing CF Cash & cash equivalents and other equivalents Q3/25 changes3 Q4/254 1) Both Q2/25 and Q3/25 liquidity inclu de investmen
Slide 45: Free Cash Flow bridge
Free Cash Flow bridge in €M, rounded Q4/25 Q4/24 FY/25 FY/24 Adjusted EBITDA (8.8) 4.0 13.2 12.8 Share-base d c ompen satio n (2.6 ) (2.2) (13.2) (12.0) One-off items (6,3) (5.4) (11.2) (10 .6 ) EBITDA (17.7) (11.6) (11.2) 9.8 Depreciation an d amortizatio n (in cluding impairm ent lo sse s) (71.4)
Slide 46: The HomeToGo Share
The HomeToGo Share Shareholder Structure1 Share Information Ticker symbol HTG HTG Insight IX S.à r.l.: 12.0% Type of Shares Class A Shares (Public Shares) and Class B Shares (Founder Shares) Stock Exchange Frankfurt Stock Exchange AOC Fox S.à r.l.: 10.2% Free Float: 44.0% Market Segment Regulated Ma
Slide 47: Upcoming events in 2026 - Join us!
Upcoming events in 2026 - Join us! Date Event Apr 22, 2026 Munich Capital Market Conference May 11-13, 2026 German Spring Conference, Frankfurt May 13, 2026 Q1 2026 Financial Results and Earnings Call Jun 16, 2026 AGM Annual General Meeting 2026 Aug 18, 2026 Q2 2026 Financial Results and Earnings Ca
Slide 48: HomeToGo Investor Relations Contact
HomeToGo Investor Relations Contact Carsten Fricke, CFA Head of IR & Corporate Finance carsten.fricke@hometogo.com Team Contact HQ Office Location T: +49 157 501 63731 HomeToGo GmbH HomeToGo SE | 9, rue de Bitbourg, L- Pappelallee 78/79 1273 Luxembourg 10437 Berlin IR@hometogo.com IR@hometogo.com ht
Slide 49: Glossary
Glossary Co re KPIs No n-financial KP Is Booking Revenu es Booking Rev enues is a non-GAAP operating metric to measur e perfor mance that is defined as the net Euro va lue of b ooking s before Bookings Bookings represent t he numb er of book ings g ener ated by tr aveler s using t he M arketp lace a
Slide 50: Disclaimer
Disclaimer Forward-Looking Statements This Presentation contains certain forward-looking statements, including statements regarding HomeToGo’s future business and financial performance. These forward-looking statements generally are identified by the words “believ e,” “project,” “expect,” “anticipat
Slide 51: C O NF ID EN T IAL
51 C O NF ID EN T IAL