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EQS-News: HomeToGo Reports All-Time High Q3 Results And Positive Adjusted EBITDA After 9M - Fully On Track To Achieve Adj. EBITDA Break-Even, Revising Revenues Guidance

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Thursday, December 14, 2023

HomeToGo Reports All-Time High Q3 Results And Positive Adjusted EBITDA After 9M - Fully On Track To Achieve Adj.

Key Points: 
  • HomeToGo Reports All-Time High Q3 Results And Positive Adjusted EBITDA After 9M - Fully On Track To Achieve Adj.
  • HomeToGo Reports All-Time High Third Quarter Results And Positive Adjusted EBITDA After Nine Months - Fully On Track To Achieve Adjusted EBITDA Break-Even, Revising Revenues Guidance Due To Softer Demand During Peak Season
    New all-time high Adjusted EBITDA of €28.1M reflecting a margin of 38% (+3pp YoY).
  • This resulted in a new all-time high Adjusted EBITDA of €28.1M (16% YoY), equivalent to an Adjusted EBITDA margin of  38% (+3pp YoY).
  • Based on its Q3/23 and 9M/23 performance, HomeToGo continues to be fully confident to achieve Adjusted EBITDA break-even this year.

EQS-News: HomeToGo Announces Key Strategic Updates at its Capital Markets Day 2023, Including New B2B Business Segment And Vision To Build A Fully AI-Powered Marketplace

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Tuesday, December 12, 2023

HomeToGo Announces Key Strategic Updates at its Capital Markets Day 2023, Including New B2B Business Segment And Vision To Build A Fully AI-Powered Marketplace

Key Points: 
  • HomeToGo Announces Key Strategic Updates at its Capital Markets Day 2023, Including New B2B Business Segment And Vision To Build A Fully AI-Powered Marketplace
    The issuer is solely responsible for the content of this announcement.
  • Additionally the Company expanded its profitable Subscriptions & Services business in 2023, which now represents around 20% of the Group’s total IFRS Revenues.
  • To efficiently reach its financial milestones, HomeToGo plans to potentially reinvest improved 2024 profitability directly into additional long-term growth levers.
  • HomeToGo today introduced HomeToGo_PRO, its new B2B brand and business segment and a key growth focus for the Company.

EQS-News: HomeToGo SE:  HomeToGo’s Q2/23 Results Deliver First Time Positive Adjusted EBITDA In A Second Quarter Alongside Strong Business Momentum, Further Confirming FY/23 Guidance

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Tuesday, August 22, 2023

HomeToGo SE:  HomeToGo’s Q2/23 Results Deliver First Time Positive Adjusted EBITDA In A Second Quarter Alongside Strong Business Momentum, Further Confirming FY/23 Guidance

Key Points: 
  • HomeToGo SE:  HomeToGo’s Q2/23 Results Deliver First Time Positive Adjusted EBITDA In A Second Quarter Alongside Strong Business Momentum, Further Confirming FY/23 Guidance
    The issuer is solely responsible for the content of this announcement.
  • HomeToGo notably achieved a first time positive Adjusted EBITDA in a second quarter of €1.4M (vs. €(6.4)M in Q2/22).
  • The Adjusted EBITDA margin improved substantially by +20pp YoY and stood at 3.3% at the end of Q2/23.
  • HomeToGo reiterates its FY/23 guidance, which includes expecting an IFRS Revenues growth of 13-19% YoY to €165-175M and to achieving Adjusted EBITDA break-even as guidance midpoint.

EQS-News: HomeToGo SE: HomeToGo Delivers Exceptional Performance in Q1/23 - Outstanding Growth in Booking Revenues and Record High Booking Revenues Backlog Gives Full Confidence In Achieving Guidance

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Tuesday, May 16, 2023

Exceptional customer demand in Q1 grew Booking Revenues to its best quarter ever of €65.3m (50% YoY), resulting in a record high growth in the Booking Revenues Backlog [1] to €69.5m (80% YoY).

Key Points: 
  • Exceptional customer demand in Q1 grew Booking Revenues to its best quarter ever of €65.3m (50% YoY), resulting in a record high growth in the Booking Revenues Backlog [1] to €69.5m (80% YoY).
  • With exemplified progress across its strategic priorities, HomeToGo is fully confident to achieve Adjusted EBITDA break-even alongside double-digit percentage growth this year.
  • This resulted in a record high growth in the Booking Revenues Backlog to €69.5m, increasing by 80% YoY (vs. €38.6m in Q1/22).
  • Booking Revenues reached the best quarter ever, with €65.3m at 50% YoY growth (vs. €43.4m in Q1/22).

EQS-News: HomeToGo SE: HomeToGo Releases 2023 Outlook: Fully Focused on Reaching Adjusted EBITDA Break-Even Alongside Strong Double-Digit Topline Growth, following an Impressive 2022

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Friday, March 31, 2023

HomeToGo SE: HomeToGo Releases 2023 Outlook: Fully Focused on Reaching Adjusted EBITDA Break-Even Alongside Strong Double-Digit Topline Growth, following an Impressive 2022

Key Points: 
  • HomeToGo SE: HomeToGo Releases 2023 Outlook: Fully Focused on Reaching Adjusted EBITDA Break-Even Alongside Strong Double-Digit Topline Growth, following an Impressive 2022
    The issuer is solely responsible for the content of this announcement.
  • Dr. Patrick Andrae, Co-founder & CEO of HomeToGo: “2022 proved that vacation rentals remain one of the fastest growing and resilient travel verticals.
  • Despite the global macroeconomic uncertainty, we managed to deliver another very strong performance, laying foundations for further progress in scaling HomeToGo to become a fast growth and profitable travel technology platform.
  • In addition to its efficient organic growth, HomeToGo plans to continue its successful strategy of lifting valuable synergy potentials from recent acquisitions.

EQS-News: HomeToGo SE: HomeToGo Reports Impressive Finish to 2022 - IFRS Revenues Slightly Surpass Upgraded Full Year Guidance

Retrieved on: 
Wednesday, March 1, 2023

The Company announced that FY/22 IFRS Revenues grew 54% YoY to EUR 146 million (vs. EUR 95 million in FY/21).

Key Points: 
  • The Company announced that FY/22 IFRS Revenues grew 54% YoY to EUR 146 million (vs. EUR 95 million in FY/21).
  • This slightly surpasses HomeToGo’s upgraded guidance - around the higher end of a range of EUR 141-146 million - and is well ahead of the initial 2022 guidance of EUR 120-125 million.
  • We’re proud to have concluded 2022 with IFRS Revenues and Adjusted EBITDA around the upper end of our upgraded guidance, improving profitability whilst already building momentum for 2023.
  • In 2022, HomeToGo continued to deliver strong business growth across key pillars, which are reflected in its preliminary results.

EQS-News: HomeToGo SE: HomeToGo Begins 2023 with Record Booking Revenues Backlog, Very Confident to Achieve Adjusted EBITDA Break-Even in 2023

Retrieved on: 
Thursday, February 2, 2023

HomeToGo SE: HomeToGo Begins 2023 with Record Booking Revenues Backlog, Very Confident to Achieve Adjusted EBITDA Break-Even in 2023

Key Points: 
  • HomeToGo SE: HomeToGo Begins 2023 with Record Booking Revenues Backlog, Very Confident to Achieve Adjusted EBITDA Break-Even in 2023
    The issuer is solely responsible for the content of this announcement.
  • Given the record Booking Revenues Backlog and a strong start into the year, HomeToGo is very confident to achieve Adjusted EBITDA break-even in the current year.
  • HomeToGo confirms its upgraded 2022 guidance, expecting IFRS Revenues to grow by 48-54% to EUR 141-146 million and an Adjusted EBITDA of EUR (20)-(25) million, with an Adjusted EBITDA margin of (14)-(18)%.
  • Given a resilient travel sector, the strong market and its healthy cash position and record Booking Revenues Backlog as well as the strong trading in the first days of the year, HomeToGo is very confident it will achieve Adjusted EBITDA break-even in 2023.

EQS-News: HomeToGo SE: HomeToGo Delivers Record Q3 with Highest Profit Ever, Upgrading Full-Year Guidance Again as it Continues On Path to Break-Even Profitability in 2023

Retrieved on: 
Friday, November 11, 2022

HomeToGo SE: HomeToGo Delivers Record Q3 with Highest Profit Ever, Upgrading Full-Year Guidance Again as it Continues On Path to Break-Even Profitability in 2023

Key Points: 
  • HomeToGo SE: HomeToGo Delivers Record Q3 with Highest Profit Ever, Upgrading Full-Year Guidance Again as it Continues On Path to Break-Even Profitability in 2023
    The issuer is solely responsible for the content of this announcement.
  • With further progress on its strategic priorities, strong profitability, and a positive Net Income, HomeToGo achieved a record Q3.
  • In Q3/22 HomeToGo continued to deliver strong business growth, accelerated by the post-pandemic travel rebound and summer travel high.
  • Underpinning this development and in-line with its strategy, HomeToGo has continued to expand both its Onsite and Subscriptions & Services businesses.

DGAP-News: HomeToGo SE: HomeToGo reports strong operational and financial performance in Q2'22, paving the way for break-even profitability by FY'23

Retrieved on: 
Tuesday, August 16, 2022

HomeToGo SE: HomeToGo reports strong operational and financial performance in Q2'22, paving the way for break-even profitability by FY'23

Key Points: 
  • HomeToGo SE: HomeToGo reports strong operational and financial performance in Q2'22, paving the way for break-even profitability by FY'23
    The issuer is solely responsible for the content of this announcement.
  • With a high IFRS Revenues growth of 83.4% vs. Q221, notably 126% vs. Q219, HomeToGo continues to advance its business performance.
  • Dr. Patrick Andrae, Co-founder & CEO of HomeToGo: The second quarter of 2022 marks incredible growth in terms of our strategic priorities and performance.
  • This strong momentum continues into the current Q322, reaching the best month ever for Booking Revenues in July this year.

DGAP-News: HomeToGo SE: HomeToGo fully acquires vacation rental travel tech provider SECRA

Retrieved on: 
Tuesday, June 7, 2022

Luxembourg, 1 June 2022 - HomeToGo SE (Frankfurt Stock Exchange: HTG), the marketplace with the worlds largest selection of vacation rentals, today announced it has acquired the remaining 81% stake in SECRA, a leader in vacation rental management support.

Key Points: 
  • Luxembourg, 1 June 2022 - HomeToGo SE (Frankfurt Stock Exchange: HTG), the marketplace with the worlds largest selection of vacation rentals, today announced it has acquired the remaining 81% stake in SECRA, a leader in vacation rental management support.
  • SECRA is a travel-tech company that offers specialized software solutions for hosts, rental agencies and destinations to better market listings.
  • Additionally, SECRA runs the successful German vacation rental booking platform ostsee-ferienwohnungen.de, which includes more than 7,000 offers on the Baltic Coast.
  • With inventory across Germanys most popular destinations, this will add to HomeToGos already unparalleled selection of vacation rental properties.