HomeToGo (HTG) investor relations material

Executive summary

• Achieved record statutory IFRS revenues of €255.5 million in 2025 (+20.3% YoY) and pro forma revenues of €394.3 million, nearly doubling business scale since 2023.

• Adjusted EBITDA reached €13.2 million (statutory, +20% vs. guidance) and €42 million (pro forma, +5% vs. guidance), with profitability outpacing revenue growth.

• Strategic pivot to a B2B-centric, vertically integrated model, with B2B now representing 63% of group revenues and over 70% recurring or repeat.

• Integration of Interhome ahead of schedule, delivering €5 million in annualized cost synergies and targeting €10 million total, with up to €30 million value creation potential.

• Five strategic priorities for 2026: capture remaining Interhome synergies, targeted M&A, brand harmonization, operational excellence, and AI leadership.

Financial highlights

• FY25 IFRS revenues reached €255.5 million (+20.3% YoY); Q4/25 IFRS revenues at €54.2 million (+52.4% YoY), driven by Interhome integration.

• Booking revenues for 2025 grew 28% YoY to €333.6 million; Q4 booking revenues surged 114% YoY.

• HomeToGo_PRO (B2B) IFRS revenues up 64.1% YoY to €114.9 million; Q4 B2B revenues grew nearly 175% YoY.

• Marketplace segment adjusted EBITDA quintupled to €15.8 million, with margin rising to 10.4% from 1.9% in 2024.

• Group adjusted EBITDA for 2025 improved to €13.2 million (+3% YoY), beating guidance by 20%.

Outlook and guidance

• FY26 guidance: IFRS revenues of €400–410 million (>55% YoY growth) and adjusted EBITDA of €45–47 million (>240% YoY growth), with focus on Interhome synergies and B2B M&A.

• Targeting more than tripling adjusted EBITDA and capturing remaining €5 million Interhome synergies in 2026.

• Midterm value creation potential of €20–30 million from further Interhome integration, expected to materialize from 2028 onward.

• Double-digit organic growth expected in B2B segment over the next years, with higher growth in software than property management.

• Guidance reflects macroeconomic uncertainty and FX volatility, especially CHF/EUR.