

Five-year timeline for Scout24 AG (G24.XETRA): major events, developments and context behind the stock's recent history.
View full stock analysis →2026-03-26 — Annual Report 2025 published; dividend proposal and confirmed strong FY‑2025 results
Scout24 published its audited Annual Report 2025 and proposed a dividend increase of 14%. Market perception reinforced a growth-and-profitability story after management confirmed preliminary numbers and reiterated confident guidance for 2026; investors viewed Scout24 as executing a scale-and-M&A strategy while returning cash to shareholders.
FY 2025 revenue reached EUR 649.6m; ordinary operating EBITDA EUR 405.7m; ooEBITDA margin 62.5%; proposed dividend EUR 1.50 per share [3][8].
2026 (Q1) — Strong start to 2026; upsized share buy‑back and reiterated 2026 guidance
Q1 2026 results showed double‑digit revenue and EBITDA growth. Management Board confirmed 2026 guidance and announced an increased buy‑back program (up to EUR 350m in 2026). Investors interpreted the upsized buy‑back and reiterated guidance as management confidence in organic momentum and M&A integration (Spain acquisition) — supporting a growth-with-capital‑return investment case.
Q1 2026 revenue EUR 179.6m (organic +10.7%); ordinary operating EBITDA EUR 107.9m; ooEBITDA margin 60.1%; announced buy‑back up to EUR 350m [12][1].
2026-02-26 — Preliminary FY‑2025 results and 2026 guidance announced
Scout24 published preliminary FY‑2025 results showing double‑digit revenue growth and issued guidance for 2026 (16–18% revenue growth; ooEBITDA margin up to 61%, organic up to 64%). The preliminary release further solidified the narrative of sustained top‑line growth driven by product mix, pricing and M&A; analysts and investors reacted positively to margin expansion and clear inorganic contribution from the Spain acquisitions.
FY 2025 revenue (preliminary) EUR 649.6m (+14.7%); ordinary operating EBITDA EUR 405.7m (+16.5%); ooEBITDA margin 62.5% [2][13].
2025 (Mar–Sep) — Management change and strategic M&A ramp-up
Ralf Weitz became CEO and Chairman of the Management Board (effective 1 March 2025). Scout24 completed acquisitions (bulwiengesa AG, EXPLOREAL GmbH, additional stakes in BaufiTeam and IMMOunited) and announced the purchase of Spanish portals Fotocasa and Habitaclia (closing conditional on approvals). Leadership change paired with an active M&A cadence signaled a shift to a roll‑up and product expansion strategy; market perception moved toward a growth‑at‑scale story (organic growth plus inorganic revenue to accelerate).
H1 2025 revenue EUR 318.2m (H1 2025 +15.5% vs prior year); management change effective 1 Mar 2025 documented in H1 report; acquisitions listed in H1 and annual reporting [9][5][10].
2024 — Continued double‑digit growth and profitability improvements
Scout24 reported another year of double‑digit revenue growth and margin improvement; pursued smaller acquisitions to broaden product set. The firm was increasingly seen as a compounding digital classifieds/platform business with strong unit economics and operating leverage — a growth compounder rather than merely a cyclical classifieds play.
FY 2024 ordinary operating EBITDA EUR 348.1m; FY 2024 revenue EUR 566.3m (as reported in 2025 disclosures comparing 2025 to 2024) [3][11].
2022–2023 — Post‑pandemic recovery and steady execution
Scout24 executed product and monetisation initiatives across its real‑estate and automotive verticals while recovering from pandemic‑era disruptions. Investor perception shifted from pandemic‑recovery uncertainty to appreciation of resilient revenue streams and recurring monetisation levers; the story emphasized predictable cash generation and the opportunity for margin expansion.
2023/2022 year‑over‑year comparisons and multi‑year growth referenced in management presentations and annual reporting showing sustained double‑digit top‑line growth trends into 2024 (company materials document multi‑year revenue and ooEBITDA growth trajectory) [11][14].
2021 — Market backdrop and strategic positioning after the pandemic trough
Scout24 continued to stabilise and re‑accelerate growth following pandemic dislocations; focus on digital product improvements and cost discipline. At this point investors viewed Scout24 as transitioning from pandemic recovery into normalized expansion driven by product rollout and improving housing/auto market dynamics in Germany and adjacent markets.
Historical context for the period is provided in Scout24 investor reports and presentations that set the baseline for ensuing years of double‑digit growth documented later in 2024–2026 disclosures [11][14].
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