Filip Lindvall
Vice President Group Strategy and Investor Relations
Replay available
Scout24 Se (OTC: SCOTF) Q3 2025 earnings conference call, held 2025-10-30. Replay captured from the company's public earnings webcast.

Vice President Group Strategy and Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, BNP Paribas Exane
Analyst, Morgan Stanley
Analyst, Deutsche Bank
Analyst, UBS
Good afternoon, everyone, and welcome to Scout24 third quarter and nine months 2025 earnings call. My name is Filip Lindvall and I'm vice president group strategy and investor relations at Scout24. With me on the call today are Ralf Weitz, our chief executive officer, and Dirk Schmelzer, our chief financial officer. Ralf will start the presentation with key business highlights and Dirk will provide a detailed overview of our financial results. As always, we will conclude the call with a Q&A session. You can find today's presentation on our website under financial reports and presentations. This session will be recorded and a replay will be made available as quickly as possible after the event. Please take note of the disclaimer on page two. Ralf, now over to you. Thank you, Philipp, and welcome to everyone joining us today. Let's turn to page four, where I will walk you through the key highlights for the third quarter and first nine months of 2025. Building on the already strong first half results, we continued to deliver a strong financial performance in the third quarter. Revenue increased by 15%, bringing our nine-month growth to 15.3%. Importantly, we continue to deliver consistent, strong, double-digit organic growth. Our product and tech strategy is working. We are winning customers with AI power tools, better data, and improved platform features. Consequently, this drives higher revenue per customer. Our ecosystem keeps growing. More agents, more private customers, more content and engagement. As customers use more of our products, our margins naturally expand. We are also running the company more efficiently with AI. This allowed us to expand our ordinary operating EBITDA margin over the nine months, even by investing in innovation and integrating acquisition...