HomeToGo SE
F:HTG
HomeToGo SE
HomeToGo SE operates a marketplace for alternative accommodation that connects millions of travellers searching for a perfect place to stay with thousands of inventory suppliers across the globe. The firm operates through the business segment: travel and short-term rental industry. The company offers accommodations ranging from vacation homes, cabins, beach houses, apartments, condos, house boats, castles, farm stays and everything in between. The company is a marketplace that provides a substantial selection of vacation rentals, listing many offers from its partners, including Airbnb, Booking.com, Vrbo and TripAdvisor. Its software application combines price, destination, dates and amenities to find a suitable accommodation for any trip worldwide which helps its customers find their ideal vacation rentals. The firm operates across Europe, North America, South America, Australia and Asia-Pacific.
HomeToGo SE operates a marketplace for alternative accommodation that connects millions of travellers searching for a perfect place to stay with thousands of inventory suppliers across the globe. The firm operates through the business segment: travel and short-term rental industry. The company offers accommodations ranging from vacation homes, cabins, beach houses, apartments, condos, house boats, castles, farm stays and everything in between. The company is a marketplace that provides a substantial selection of vacation rentals, listing many offers from its partners, including Airbnb, Booking.com, Vrbo and TripAdvisor. Its software application combines price, destination, dates and amenities to find a suitable accommodation for any trip worldwide which helps its customers find their ideal vacation rentals. The firm operates across Europe, North America, South America, Australia and Asia-Pacific.
Record Quarter: HomeToGo delivered its best-ever quarter, with IFRS revenue up 24% year-on-year to EUR 108 million and adjusted EBITDA reaching a record EUR 43 million, up 20%.
B2B Growth Driver: The HomeToGo_PRO B2B segment is now the core of the business, with IFRS revenue up 83% to EUR 51 million and adjusted EBITDA more than doubling to EUR 13 million.
Marketplace Profit Shift: The Marketplace segment shifted focus from top-line growth to profitability, delivering a 60% year-on-year increase in adjusted EBITDA to EUR 10 million despite lower advertising revenue.
Interhome Integration: The integration of Interhome is ahead of schedule, with key milestones like tech migration and marketing consolidation already achieved, expected to generate significant synergies.
Guidance Confirmed: Full-year guidance is confirmed, with pro forma expectations of around EUR 400 million IFRS revenue, EUR 40 million adjusted EBITDA, and positive free cash flow.
Bond Issuance: HomeToGo is exploring a EUR 150 million bond to refinance debt, prefund payments, and fund M&A, reflecting an active acquisition pipeline and focus on B2B growth.
