Financial Highlights

(EUR million)

FY 20191,2

FY 20182,3

FY 2017

FY 2016

FY 2015

External revenue (continuing + discontinued operations)

613.6

531.7

472.6

442.1

393.6

ImmoScout24 (continuing operations)

270.2

250.0

235.9

284.6

266.7

AutoScout24 (discontinued operations)

186.9

166.3

158.7

152.0

120.7

Scout24 Consumer Services (including continuing operations)

156.5

115.3

77.6

-

-

Ordinary operating EBITDA4 (Group with continuing + discontinued operations)

321.9

291.5

252.8

224.5

189.6

Ordinary operating EBITDA margin5 in % (Group with continuing + discontinued operations)

52.5 %

54.8 %

53.5%

50.8%

48.2%

Capital expenditure (adjusted)6

24.5

28.3

22.8

19.5

19.3

Cash contribution7

297.4

263.1

230.0

205.0

170.3

Cash conversion8

92.4%

90.3%

91.0%

91.3%

89.8%

1 On 17 December 2019, Scout24 concluded an agreement for the sale of 100 % of the shares in AutoScout24, FinanceScout24 and FINANZCHECK. The transaction comprises the operations from the Consumer Services segment that are to be integrated into AutoScout24. These activities are considered as discontinued operations in the annual financial report 2019. The continuing operations consist of the ImmoScout24 segment shown in the table above and the business from the Consumer Services segment that is allocated to the IS24 business. (excluding central corporate functions, consolidation and other).

2 Advertising revenue with OEM partner agencies and the corresponding ordinary operating EBITDA is no longer reported in the AutoScout24 segment as of 1 January 2019 but rather in the Scout24 Consumer Services segment due to the close structural relationship with third-party display revenue; the figures of the previous year have been restated accordingly.

3 The earnings of FINANZCHECK are included in the financial figures of Scout24 AG as of 1 September 2018. FINANZCHECK is allocable to the Scout24 Consumer Services segment. The contribution to revenue in the four-month period as of September 2018 amounts to EUR 12.3 million, while the contribution to ordinary operating EBITDA is EUR -2.0 million.

4 Ordinary operating EBITDA refers to EBITDA adjusted for non-operating effects, which mainly include expenses for share-based payments, M&A activities (realised and unrealised), reorganisation, strategic projects and other non-operating effects.

5 The ordinary operating EBITDA margin of a segment is defined as ordinary operating EBITDA as a percentage of external segment revenue.

6 Capital expenditure (adjusted) does not include capital expenditure made due to the application of IFRS 16 in the financial year 2018. Total additions of EUR 37.1 million were recognised in the statement of financial position in the financial year 2018 due to the application of IFRS 16.

7 Cash contribution is defined as ordinary operating EBITDA less capital expenditure (adjusted).

8 The cash conversion rate is defined as ordinary operating EBITDA less capital expenditure divided by ordinary operating EBITDA.