Slide 1: Scout24 AG Q1 2016 Results Conference Call
www.scout24.com Scout24 AG Q1 2016 Results Conference Call May 11, 2016
Slide 2: Disclaimer
Disclaimer This document has been issued by Scout24 AG (the “Company” and, together with its direct and indirect subsidiaries, the "Group") and does not constitute or form part of and should not be construed as any offer or invitation to sell or issue, or any solicitation of any offer to purchase or
Slide 3: Key Financial Highlights
Key Financial Highlights Strong organic …sustainable …and robust & revenue growth… profitability… visible cash flows +13% +13% +12% 105 52 47 93 46 42 91% 105 91% 93 49% 49% Q1 2015 Q1 2016 Q1 2015 Q1 2016 Q1 2015 Q1 2016 Group Revenues Group ordinary operating Group cash contribution2 EBITDA1 ooEBI
Slide 4: IS24: Platform for Continued Growth
IS24: Platform for Continued Growth External Revenues oo EBITDA Key highlights (in €m) growth (in €m) growth Core Agent revenues y-o-y y-o-y Revenue growth driven by solid ARPU increase offsetting decreasing core agent numbers, both in line 8% with expectations 69 Other Agent revenues Slight dec
Slide 5: AS24: Delivering on Growth Potential
AS24: Delivering on Growth Potential External Revenues oo EBITDA Key highlights (in €m) growth (in €m) growth Core Dealer revenues excluding y-o-y y-o-y Ongoing expansion of dealer base and ARPU in Germany revenues from due to success of new sales European approach Autotrader B.V. 34 23% Balance
Slide 6: Corporate – Revenue & EBITDA
Corporate – Revenue & EBITDA Ordinary operating EBITDA Reflecting Cost for Holding Activities Total Revenues oo EBITDA1 Key highlights (in €m) (in €m) Internal revenues relate to shared services as well as to the management fee 6 charged by Corporate to IS24 and AS24 Cost base impacted by set-up
Slide 7: Below EBITDA Items
Below EBITDA Items P&L Comments ( € million) Q1 2016 o.o. EBITDA 52 • include €1.1m non-cash accounting effect from share-based compensation non-operating items (3) (Management Equity Programmes), €0.6m performance based compensation Reported EBITDA 48 stemming from a purchase price agreement, €0.6m
Slide 8: Capital structure
Capital structure Current Debt (Nominal Value) & Terms Comments Dec-2015 Mar-2016 Coupon Scout24 is currently rated by Moody’s (B1) and S&P (B+) Tranche Amount (€m) Amount (€m) Reference Maturity Net primary IPO proceeds of €214m Term Loan B 424 424 EURIBOR 1 12-Feb-21 and excess cash flow of €4
Slide 9: Outlook 2016 (unchanged)
Outlook 2016 (unchanged) Revenues (in €m) Group revenues expected to record a low double-digit percentage growth 394 rate IS24 is expected to achieve a high single to low double digit Group percentage revenue growth rate Revenues AS24 is expected to grow revenues at a similar rate as 2015 2015 (
Slide 10: SCOUT
SCOUT 24
Slide 11: Income Statement
Income Statement 01/01/15 - 01/01/16 - (€m) 03/31/15 03/31/16 Revenues 92.7 104.7 Own work capitalised 2.7 2.6 Other operating income 0.7 0.4 Total operating performance Disclosure of 96.1 107.7 cost structure changed Personnel expenses compared to (23.5) (26.4) Advertising expenses previous (11.6)
Slide 12: Balance Sheet
Balance Sheet (€m) 12/31/15 03/31/16 Current assets 117.7 115.5 Cash and cash equivalents 70.6 67.8 Trade receicables 37.8 37.9 Income tax receivables 0.3 0.2 Other assets 8.6 9.4 Financial assets 0.3 0.2 Non-current assets 2,055.5 2,070.6 Intangible assets 2,030.4 2,019.5 Property, plant and equipm
Slide 13: Cash Flow Statement
Cash Flow Statement (€m) 01/01/15 - 03/31/15 01/01/16 - 03/31/16 Result from continuing operations 11.3 12.6 Depreciation, amortization and impairments of intangible assets and property plant and equipment 15.6 16.0 Income tax expenses/(income) 5.9 7.0 Interest expense/(income) 8.2 9.7 Other financi
Slide 14: IR Contact details and financial calendar
IR Contact details and financial calendar Investor Relations Contact Financial Calendar (expected) Thursday Annual General Meeting Britta Schmidt 23 June 2016 Vice President Investor Relations & Treasury Thursday Half yearly Report 2016 11 August 2016 (and Q2) Tel : +49 89 444 56 3278 Fax : +49 89 4