Overview
Germany financial technology provider's preliminary 2025 gross profit rose 10% yr/yr, EBIT up 85%
Preliminary EBITDA for 2025 missed analyst expectations
Results driven by recovery in private mortgage market and gains in Real Estate & Mortgage Platforms
Outlook
Hypoport targets at least €280 mln gross profit in 2026
Company expects 2026 EBIT between €40 mln and €55 mln
Hypoport aims to double EBIT-to-gross-margin ratio by decade's end
Result Drivers
PRIVATE MORTGAGE RECOVERY - Co said a broadly visible recovery in the private housing market and higher transaction volumes on its platforms drove gross profit growth
HOUSING SECTOR GROWTH - Increased business volumes in the housing sector and growth in mid-market financing and consumer loans lifted Financing Platforms segment gross profit
INSURANCE PLATFORM MIGRATION - Migration of insurance portfolios to B2B platforms produced a modest gross profit increase in Insurance Platforms segment
Company press release: ID:nEQ3PSL9a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY EPS
EUR 3.87
FY EBITDA
Miss
EUR 67.90 mln
EUR 69.51 mln (3 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Hypoport SE is €210.00, about 163.2% above its March 13 closing price of €79.80
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 25 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)