Hypoport AG (OTCPK:HYPOF)
$ 149.73 0 (0%) Market Cap: 1.94 Bil Enterprise Value: 2.13 Bil PE Ratio: 63.37 PB Ratio: 5.11 GF Score: 83/100

Q1 2022 Hypoport SE Earnings Call Transcript

May 09, 2022 / 03:00PM GMT
Release Date Price: $600
Operator

Dear ladies and gentlemen, welcome to the webcast results Q1 2022 of Hypoport SE. At our customer's request, this conference will be recorded.

(Operator Instructions)

May I now hand you over to Ronald Slabke, who will read you through this conference. Please go ahead.

Ronald Slabke
Hypoport SE - Co-Founder, Chairman of the Management Board & CEO

Yes. Welcome from my side to our first quarter results. And as you may know already, we started pretty well with record numbers and a record quarter in the year 2022. We achieved a high double-digit growth on top and bottom line, plus 26% on the revenue side, plus 40% EBIT to now EUR 70 million. This all in a pretty positive market environment, a lot of headwinds, especially in the mortgage business. But all in all, all subsidiaries were taking market shares in this environment and delivered a strong qualitative and quantitative performance in these past 3 months.

So when you hear this from me and you look on the chart of the share price, you could be a little bit irritated [with] what

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