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

Q2 2023 Hypoport SE Earnings Call Transcript

Aug 14, 2023 / 03:00PM GMT
Release Date Price: $124.33
Operator

Dear ladies and gentlemen, welcome to the webcast results Q2 2023 of Hypoport SE. On our customers' request this conference will be recorded.

(Operator Instructions).

I'll now hand you over to Ronald Slabke, who will lead you through this conference. Please go ahead.

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

Yes, welcome from my side as well to the Q2 -- to the presentation of the Q2 numbers of 2023. As you are aware, we are digitalizing 3 industries, the credit, real estate and insurance in Germany. Our routes are the German mortgage business. And with the current circumstances, we are in a special market environment. We were talking about it a lot but be aware, there are other business models other -- I'll talk about the market development there when I present the numbers of these businesses, but let's start to understand what's happening in general.

When you look on our Group, 4 segments. The largest one is credit industry, it's core in the mortgage business, private clients as well are

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