Hypoport AG (XSWX:HYQ)
CHF 255 0 (0%) Market Cap: 936.53 Mil Enterprise Value: 1.08 Bil PE Ratio: 53.11 PB Ratio: 4.28 GF Score: 86/100

Q1 2021 Hypoport SE Earnings Call Transcript

May 10, 2021 / 03:00PM GMT
Release Date Price: CHF255
Operator

Dear ladies and gentlemen, welcome to the webcast results Q1 2020 -- '21, I'm sorry, of Hypoport SE. At our customers request, this conference will be recorded. (Operator Instructions)

May I 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 to the presentation of our results of the first quarter of '21. As you know, you are part of the journey of digitalizing the credit, housing and insurance industry here in Germany. And as you may know already, we had a pretty good start in the year we were growing by 7% to EUR 100 million in revenue and by 15% to above EUR 12 million in EBIT. Record quarter for Hypoport, so a good start in the year 2021.

Even when you're used to double-digit growth top and bottom line from us, this 7% top line growth is well on track. There are a some of -- a number of issues, which I will introduce to you, why this 7% is a solid start in this year and why we are going

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