Hypoport starts 2025 with strong earnings in Q1 - Seite 2

 

The performance in the Financing Platforms segment showed a heterogeneous development. The sub-segment of housing management recorded only a slight increase in gross profit due to a weak market environment, primarily driven by strong demand for the ERP platform. However, significant double-digit percentage increases in gross profit were achieved in the sub-segments of installment loans and corporate finance, leading to a total revenue and gross profit increase of 12% compared to Q1/2024. Nevertheless, EBIT fell from €1.0 million to €0.5 million due to high investments in the ERP platform for housing management.

 

The Insurance Platforms segment reported a slight gross profit increase of 2% to €8 million and a further modestly positive EBIT of €0.2 million.

 

Ronald Slabke, CEO of Hypoport SE, assessed the results of the past quarter positively: "The turnaround we initiated in 2024 in our most important market of private real estate financing continues into the start of 2025. Additionally, the ongoing development of our platforms is deepening the utilization of our partners. Together with them, we are gradually making property acquisition in Germany easier and helping more people move into their own homes."

  

 

(in € million)	Q1 2025	Q1 2024 (adjusted*)	Change
Revenue	159.2	133.6	19%
thereof Real Estate & Mortgage Platforms	123.0	98.9	24%
thereof Financing Platforms	19.3	17.3	12%
thereof Insurance Platforms	16.9	17.7	-4%
thereof Holding & Reconciliation	-0.0	-0.3	82%
Gross profit	66.0	57.3	15%
thereof Real Estate & Mortgage Platforms	41.1	34.4	20%
thereof Financing Platforms	16.4	14.7	12%
thereof Insurance Platforms	8.1	8.0	2%
thereof Holding & Reconciliation	0.3	0.3	17%
EBITDA	17.5	13.3	31%
EBIT	8.6	4.6	88%
Net earning	6.0	3.2	90%
Earning per share (in Euro)	0.82	0.45	82%