Trade Scout24 AG - G24 CFD

Trade Scout24 AG - G24 CFD

About Scout24 SE

Scout24 SE, formerly Scout24 AG is a Germany-based holding company offering digital services to the real estate sector. Through its platform ImmoScout24, the Company provides digital real estate listing and search for residential and commercial real estate, by bringing together homeowners, real estate agents, tenants, and buyers in Germany and Austria. The listings on ImmoScout24 are made under membership programs or as individual orders/pay per advertisement. Supplementary products and services related to the real estate listing, i.e. along with purchase/sale transactions(sale journey) or rental transactions (rent journey) are also provided on ImmoScout24.

Financial summary

BRIEF: For the six months ended 30 June 2021, Scout24 SE revenues increased 10% to EUR189.7M. Net income before extraordinary items increased 2% to EUR46.8M. Revenues reflect ImmobilienScout24 segment increase of 14% to EUR140M, Scout24Consumer Services segment increase of 1% to EUR15.2M. Net income was partially offset by Personnel Expenses increase of 13% to EUR48.1M (expense), Marketing expenses increase of 34% to EUR17.8M (expense).