Hypoport Ag (HYPOF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Run Results webcast from Hypoport SE. My name is Jan Pahl. I'm Head of Investor Relations here at Hypoport. And together with my colleague, Ronald, we would like to welcome you to our webcast. I will start the record in just a few seconds, so the webcast will be recorded, just to let you know. And we will have a short presentation by our CEO, Ronald, and after this, hopefully followed by a classic two-in-one session, which I will introduce to you after. But now I may head over to Ronald and start the record. Seems Ronald, that you are already ready. Please welcome. Yes. So hello, everyone. Yeah. Presentation of the Q1 numbers of Hyperboard 2025. You know it already. We delivered strong growth in the first quarter, double-digit growth rates. In the core, thanks to... an ongoing recovery of the German mortgage market, something which is still in the core of our major business unit, real estate and mortgages. Second good news comes from the housing environment. Our ERP system, our ERP platform for the housing sector is accelerating in subscription rate. A strong success is all there and the base of a good performance of the financing platform segment in Q1. This is the downside of Q1. You can say that everything outside of the residential mortgage market, all credit markets are still depressed, distressed, thanks to an, let's say, leaving government which didn't focus on prosperity here in Germany and a new government which was just established at the beginning of the second quarter of this year. So the environment in the first quarter was friendly, safe, open. Okay. As usual, we start with the mortgage market. as the core of the real estate mortgage segment. You are aware that housing is, even when we talk about the mortgage market usually and the underlying housing ma...