EQS-News: Scout24 ends FY2023 with 14% revenue growth and 21% ooEBITDA growth resulting in 60% margin – expecting continued growth and operating leverage in 2024
2 The ordinary operating EBITDA margin is defined as ordinary operating EBITDA as a percentage of revenue.
- 2 The ordinary operating EBITDA margin is defined as ordinary operating EBITDA as a percentage of revenue.
- The Pay-per-ad business declined by 19.3% resulting from customer migrations to higher-value memberships and a slower growth in listing volume.
- Growth was driven by continued high demand for our Plus products with revenue growth of 20.2% and continued strong customer gains of 18.1% to 377,686.
- Ordinary operating EBITDA stood at EUR 79.4 million with 19.4% growth resulting in an ordinary operating EBITDA margin of 59.9%.