Slides
Page 1
Hypoport SE Results for H1 2026 77
Page 2
1.Summary 2.Segments 3.Group 4.Outlook Annex Contents
Page 3
Hypoport SE, H1 2026 results 3 Profitable growth and improved margins Highlights • Significant gains in market share for mortgage finance at regional banks (Real Estate & Mortgage segment) in an otherwise contracting market • Good first six months for housing sector and corporate finance business models (Financing segment) despite a weak market environment Results for H1 2026 (€ million, yoy) Challenges • Highly volatile geopolitical environment (€ million) Group Real Estate & Mortgage Platforms Financing Platforms Insurance Platforms Gross profit 138 +5% 85 +4% 34 +5% 17 +10% EBIT 19.3 +20% 23.9 +4% 2.4 +35% 1.1 >+100% EBIT margin (on gross profit) 14% +2pp 28% +0pp 7% +2pp 7% +9pp
Page 4
Hypoport SE, H1 2026 results 4 Real Estate & Mortgage Platforms Business model & results Marketing Loan brokerage (sales) Loan brokerage (platform) Valuation Real Estate & Mortgage Platforms Financing Platforms Insurance Platforms
Page 5
Hypoport SE, H1 2026 results 5 100 110 120 130 140 Excessive regulation in the rental market drives home ownership Macroeconomic factors affecting mortgage finance 60 70 80 90 100 110 120 130 140 Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Rental supply (number, Value AG index) Property prices (EPX hedonic, indexed) 60 80 100 120 140 160 180 200 220 240 260 280 Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Properties offered for sale (number, Value AG index) 0 1 2 3 4 5 6 Interest (%, ten-year fixed rate, Europace average) Apartments Existing housing stock New builds
Page 6
Hypoport SE, H1 2026 results 6 Volume on a par with strong H1/25 due to jump in interests rates Real Estate & Mortgage: volume of mortgage finance* 85 77 52 66 75 38.3 38.3 2021 2022 2023 2024 2025 H1/25 H1/26 +0% Europace total (€ billion) Genopace (cooperative banks) (€ billion) 12 13 11 16 20 9.8 10.5 2021 2022 2023 2024 2025 H1/25 H1/26 10 9 7 10 11 5.8 6.6 2021 2022 2023 2024 2025 H1/25 H1/26 Finmas (savings banks) (€ billion) +7% 9 8 5 7 8 4.0 4.0 2021 2022 2023 2024 2025 H1/25 H1/26 Dr. Klein Privatkunden (€ billion) * Mortgage loans, excluding building finance agreements, numbers before cancellations. +0% +13%
Page 7
Hypoport SE, H1 2026 results 7 7 7 8 8 9 10 11 12 13 12 11 12 15 12 10 8 9 9 10 9 11 11 12 13 14 12 13 12 14 12 3 3 3 3 4 4 4 5 6 5 5 5 7 4 2 2 2 2 2 2 2 2 3 3 3 3 3 3 4 4 2 2 2 2 2 2 2 2 3 3 2 2 4 3 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 5 10 15 20 25 30 Q1/19 Q3/19 Q1/20 Q3/20 Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Purchase New builds Refinancing Modernisation Other Largest volume still purchases; new builds picking up * Volume of mortgage loans on Europace (€ billion), excluding building finance agreements, numbers before cancellations. Real Estate & Mortgage: mortgage finance, by purpose
Page 8
Hypoport SE, H1 2026 results 8 235 243 H1/25 H1/26 Increase in gross profit and slightly improved margins Real Estate & Mortgage Platforms: key figures* • Slight contraction of Starpool’s pool business due to the joint venture partner’s strategic realignment, which is holding back gross profit growth in the segment • Gross profit increasing at a slightly faster rate than the transaction volume due to rising contributions from the property valuation platform (VALUE AG) • In H1 2026, Value AG only generated a small loss of less than €0.5 million • Further gains in market share expected in business with loan brokers and, in particular, regional banks • There is still substantial upside potential as the home ownership market, housing starts and refinancing pick up • Outlook for 2026: growth in gross profit and improvement in EBIT gross profit margin Revenue (€ million) Gross profit (€ million) EBIT (€ million) +3% 23 24 H1/25 H1/26 81 85 H1/25 H1/26 +4% +4%
Page 9
Hypoport SE, H1 2026 results 9 Financing Platforms Business model & results Housing sector Corporate finance Personal loans Real Estate & Mortgage Platforms Financing Platforms Insurance Platforms
Page 10
Hypoport SE, H1 2026 results 10 Platformisation of the housing industry Dr. Klein Wowi Finanz (DKWF) Dr. Klein Wowi Digital (DKWD) WOWIFIN Financing (housing sector): digital business models WOWI CONTROL FIO Finance WOWI Account • WOWIFin: Platform for calls for tender and financing processes • WOWIControl: Portfolio and business management for housing companies • WOWIPORT: Central ERP system for managing housing stock • WOWIAccount: Management of virtual accounts that hold tenants’ security deposits, for banks • WOWIClaim: Claims management platform for residential buildings insurance WOWIPORT WOWI Claim
Page 11
Hypoport SE, H1 2026 results 11 Good performance despite subdued market conditions Financing (housing sector): key figures for Dr. Klein Wowi 103 187 291 415 665 568 734 2021 2022 2023 2024 2025 H1/25 H1/26 Units in ERP under contract (WOWIPORT) (thousands) +29% 2.1 2.1 1.2 1.2 1.4 0.6 0.6 2021 2022 2023 2024 2025 H1/25 H1/26 Brokered mortgage finance (€ billion) +3% • Housing industry’s increased willingness to do business in Q1 2026 dropped off sharply in Q2 2026 • SaaS ERP platform WOWIPORT is growing rapidly and gradually integrating the entire product offering for housing companies • Aareal Bank, the largest provider of accounts that hold tenants’ security deposits, entered into a WOWIAccount collaboration in H1 2026 1.0 1.0 1.1 1.2 1.3 1.2 1.4 2021 2022 2023 2024 2025 H1/25 H1/26 +10% Rental deposits under management (WOWIAccount) (€ billion)
Page 12
Hypoport SE, H1 2026 results 12 Good start to the year as a result of more active clients Financing (corporate finance): key figures for REM Capital Billed project volume at REM Capital (€ billion) • Climate change mitigation, energy costs and competitive pressure are driving a structural increase in appetite for investment and thus funding on the part of German SMEs • Disappointed by policymakers, German SMEs have given up waiting for the improvement in economic conditions promised by the federal government and are taking matters into their own hands • Global uncertainty is putting a brake on the implementation of major projects • Banks continue to restrict their lending in light of the current conditions • Billed project volume up only slightly as a result; low- margin one-off projects with only a small subsidies component continue to dominate 1.10 1.19 H1/25 H1/26 +8%
Page 13
Hypoport SE, H1 2026 results 13 Resilience in a solid market environment • Despite the weak macroeconomic conditions, the total volume of new personal loans in Germany increased slightly in H1 2026 • Platform business and white label offering continue to make structural gains in market share • However, more restrictive banks have caused increasingly high cancellation rates • The option to complete B2B2C transactions on the B2B platform by means of fully digital processes was successfully implemented; two major banks are already active customers and several other banks are in the pipeline • Potential for white-label third-party brokerage at savings banks and cooperative banks (GENOFLEX) is gradually being leveraged 4.1 5.3 5.6 7.0 7.2 3.6 4.0 2021 2022 2023 2024 2025 H1/25 H1/26 +11% Volume of personal loan transactions* (€ billion) * Numbers before cancellations. Of which white-label third-party brokerage* (€ billion) 0.9 1.0 1.0 1.2 1.2 0.7 0.7 2021 2022 2023 2024 2025 H1/25 H1/26 * Numbers before cancellations. +2% Financing (personal loans): key figures for personal loans via Europace Sources: Bundesbank, German Association of Credit Banks.
Page 14
Hypoport SE, H1 2026 results 14 Organic growth in the absence of any significant market impetus Financing Platforms: key figures • Market conditions remain sluggish for all three product groups (housing industry, corporate finance and personal loans) • Nonetheless, substantial increase in gross profit in the corporate finance product group and a modest increase in the housing industry product group compared with the prior-year period; slight decline in gross profit in the personal loans product group • Significant increase in the segment’s EBIT despite continued heavy investment in the scaling up of the ERP platform WOWIPORT and the ongoing development of the personal loans platform • Outlook for 2026: low double-digit percentage growth in gross profit and a stable EBIT margin Revenue (€ million) Gross profit (€ million) EBIT (€ million) 39 41 H1/25 H1/26 33 34 H1/25 H1/26 +5% +5% 1.8 2.4 H1/25 H1/26 +35%
Page 15
Hypoport SE, H1 2026 results 15 Insurance Platforms Business model & results Personal insurance Occupational insurance Industrial insurance Real Estate & Mortgage Platforms Financing Platforms Insurance Platforms
Page 16
Hypoport SE, H1 2026 results 16 Platformisation of the insurance industry Insur apps Other brokers DR. KLEIN Insur apps End customers// employees & companies Advisors/brokers Poolers B2B insurance platform Product suppliers Advisors in bank branches E&P Insurance Platforms segment: business model Quality- pool Other poolers Distribution organisation Underwriting agent Insurance companies SMART INSUR Sia Corify Oasis ePension Industrial brokers
Page 17
Hypoport SE, H1 2026 results 17 Progress with migration to platforms Insurance: volume managed on the platforms 1.9 2.6 3.4 3.8 4.1 4.7 5.6 5.0 5.9 2021 2022 2023 2024 2025 H1/25 H1/26 +18% SMART INSUR – personal insurance (€ billion) 0.1 0.2 0.2 0.3 0.3 0.3 0.4 2021 2022 2023 2024 2025 H1/25 H1/26 ePension – occupational insurance (€ billion) +21% 0,0 0,0 0,1 0,2 0.3 0.2 0.3 2021 2022 2023 2024 2025 H1/25 H1/26 Corify – industrial insurance (€ billion) • Migrating the SaaS portfolios to the SMART INSUR platform and validating them are crucial to the establishment of premiums-based fee models • Volume of new business on ePension will only gradually start to generate income • Validation of the first platform transactions at Corify is ongoing Platform launched in 2023 Of which validated +81%
Page 18
Hypoport SE, H1 2026 results 18 Operating wins even before monetisation Insurance Platforms: key figures • M&A activity in a sluggish insurance market is fuelling consolidation among distributors, raising the pressure to go digital and intensifying the need for platforms • Non-recurring effect in Q1/H1 of revenue being brought forward during the year due to simplification of in-year revenue recognition as part of the merger of the poolers • Positive effect on EBIT in Q2/H1 from €1.1 million research allowance for Corify (other operating income) • Outlook for 2026: ongoing gross profit growth with EBIT just into positive territory Revenue (€ million) Gross profit (€ million) EBIT (€ million) 31 35 H1/25 H1/26 16 17 H1/25 H1/26 +13% +10% -0.3 1.1 >+100% H1/26 H1/25
Page 19
Hypoport SE, H1 2026 results 19 Solid H1 with significant improvement in EBIT Overview of Hypoport’s results (€ million, yoy*) Revenue (€ million) EBIT (€ million)EBITDA (€ million) 34 36 H1/25 H1/26 +8% 305 319 H1/25 H1/26 16 19 H1/25 H1/26 +20% Gross profit (€ million) 130 138 H1/25 H1/26 +5% +5%
Page 20
Hypoport SE, H1 2026 results 20 Europace is the ideal integration infrastructure Consumers Advisors/brokers B2B lending marketplace 800 product suppliers Vision of the role of AI/agents in 2030 AI agents EUROPACE Cooperative banks Savings banks Private commercial banks Specialised AI Generative LLMs Other brokers Dr. Klein Advisors in bank branches
Page 21
Hypoport SE, H1 2026 results 21 EBIT target range for 2026 dependent on three factors Loss reduction in all three segments’ young platforms; property valuation (VALUE AG), WOWIPORT (Dr. Klein WoWi Digital) and industrial insurance (Corify) Gains in market share and scaling up of young products in all business models (net effect after general cost increase) Market growth, primarily in mortgage finance Reconciliation of 2025’s EBIT to the guidance for 2026 33 55 2025 Loss reduction Gains in market share Market growth 2026 40 -2 to +105 to 64 to 6 EBIT (€ million)
Page 22
Hypoport SE, H1 2026 results 22 Forecast for 2026 Gross profit rising to at least €280 million and EBIT to €40– 55 million For years Hypoport has been generating double-digit increases in market share and thus, in normal market phases, also in gross profit and EBIT Forecast up to 2029 Doubling of the EBIT gross profit margin compared with 2025 and continued growth in gross profit
Page 23
Hypoport SE, H1 2026 results 23 Contact Hypoport SE Heidestrasse 8 10557 Berlin Germany Jan H. Pahl Head of Investor Relations Tel: +49 (0)30 420 86 1942 Email: ir(at)hypoport.de Click here to subscribe to the IR mailing list (German only) Click here to subscribe to the IR mailing list (English)
Page 24
Hypoport SE, H1 2026 results 24 Disclaimer This presentation does not address the investment objectives or financial situation of any particular person or legal entity. Investors should seek independent professional advice and perform their own analysis regarding the appropriateness of investing in any of our securities. While Hypoport SE has endeavoured to include in this presentation information it believes to be reliable, complete and up-to-date, the company does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such information. Some of the statements in this presentation may be forward-looking statements or statements of future expectations based on currently available information. Such statements naturally are subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, changes in capital markets and other circumstances may cause the actual events or results to be materially different to those anticipated by such statements. This presentation is for information purposes only and does not constitute or form part of an offer or solicitation to acquire, subscribe to or dispose of any of the securities of Hypoport SE. ©Hypoport SE. All rights reserved.
Page 25
Hypoport SE, H1 2026 results 25 Annex
Page 26
Hypoport SE, H1 2026 results 26 KPI Details Value Number of shares Total number of shares 6,872,164 Market cap Market capitalisation as at 7 August 2026 ~€0.6 bn Trading volume Average trading volume per day ~€3 mn Indices SDAX, Prime All Share, CDAX, DAXplus Family, GEX Just under 50% of the shares held by management & co. Shareholder structure and share information Key performance indicators 32.4% 3.8% ~7% ~3% ~37% ~17% Ronald Slabke Treasury shares Other management staff & employees Alumni Institutional investors Private investors Breakdown of shareholders as at 30 June 2026
Page 27
Hypoport SE, H1 2026 results 27 64 192 320 448 576 704 50 150 250 350 450 550 650 Jan '16 Apr Jul Okt Jan '17 Apr Jul Okt Jan '18 Apr Jul Okt Jan '19 Apr Jul Okt Jan '20 Apr Jul Okt Jan '21 Apr Jul Okt Jan '22 Apr Jul Okt Jan' 23 Apr Jul Okt Jan' 24 Apr Jul Okt Jan' 25 Apr Jul Okt Jan' 26 Apr Jul HYQ SDAX MDAX Share price performance against the index over last 10 years Share price since the date of joining the SDAX (daily closing price, Xetra, €) € %
Page 28
Hypoport SE, H1 2026 results 28 Frankfurt, Hamburg, London, New York. Planned: Frankfurt (2x), Hamburg, London (2x), Milan (2x),Munich, Paris 2026 Chicago, Frankfurt (3x), Geneva, Hamburg, Helsinki, Stockholm, Copenhagen, London (2x), Munich, New York, Paris (2x) 2025 Chicago, Frankfurt (4x), Hamburg (2x), London (2x), Lyon, Milan, Munich (2x), New York, Paris 2024 Boston, Frankfurt (3x), Ger/Aus/Swi, Hamburg, London (2x), Lyon, Munich (2x), New York, Paris, US (eastern) 2023 16 March 2026 Results for 2025 (preliminary) 30 March 2026 Results for 2025 (final) 11 May 2026 Interim management statement for Q1 10 August 2026 Half-year report 9 November 2026 Interim management statement for Q3 Analyst Recommend ation Target price Date Bankhaus Metzler Hold €87.00 28 July 2026 Berenberg Buy €190.00 11 May 2026 BNP Paribas Outperform €210.00 28 July 2026 Deutsche Bank Buy €153.00 28 July 2026 Warburg Buy €134.00 9 July 2026 Hypoport’s investor relations activity Investor events, professional analysts’ assessments, awards • SDAX, HDAX, DAX PLUS FAMILY • Warburg ‘Best Ideas 2025’ • German IR Prize / Extel 2025: 3rd place in the ‘Head of IR - SDAX’ category • German IR Prize / Extel 2020: 1st place in the ‘IR Program Small & Midcap - Specialty & Other Finance’ category Index and awards 2026 financial calendar Recent IR events (conferences and roadshows)
Page 29
Hypoport SE, H1 2026 results 29 Investment highlights GROWTH IN GROSS PROFIT 10-year CAGR ~10% ~15% 81% ACQUISITIONS in 10 years OF OUR EMPLOYEES are satisfied or very satisfied with Hypoport as an employer 15+ EBIT INCREASE 10-year CAGR 25+ YEARS of experience with platform- based business models
Page 30
Hypoport SE, H1 2026 results 30 Digitalisation of private residential property purchases Consumers Distribution of financial products Poolers B2B lending marketplace Product suppliers Real Estate & Mortgage Platforms business model Broker CRM Property valuation FIO Other poolers Value AG Online comparison sites Other advisors Dr. Klein Advisors in bank branches Quality- pool Baufi- nex Star- pool EUROPACE FINMAS GENO- PACE Cooperative banks Savings banks Private commercial banks
Page 31
Hypoport SE, H1 2026 results 31 Brokers ~30% Private commercial banks ~10% Savings banks ~25–30% Cooperative banks ~30–35% ~60% ~25% ~20% Regional banks still have significant untapped market potential Real Estate & Mortgage: mortgage finance market share, by distribution channel *Bundesbank figures include foreign loans in the EEA, contractual adjustments, NGOs, building finance loans that have been drawn down. ** Before cancellations. Sources: Bundesbank, Europace, own calculations/estimates. Mortgage finance in Germany* Mortgage finance on Europace** Share of Dr. Klein** ~25% Brokers ~20% Private commercial banks ~20% Savings banks ~35% Cooperative banks ~25% ~50% ~33% ~2% H1 2016 (€117 billion) H1 2026 (€120 billion) ~2%
Page 32
Hypoport SE, H1 2026 results 32 20 30 40 50 60 70 80 Q1/06 Q1/07 Q1/08 Q1/09 Q1/10 Q1/11 Q1/12 Q1/13 Q1/14 Q1/15 Q1/16 Q1/17 Q1/18 Q1/19 Q1/20 Q1/21 Q1/22 Q1/23 Q1/24 Q1/25 Q1/26 Market volume still well below trend range Volume of private mortgage finance in Germany Quarterly figures (€ billion). Q1 2006 (inflation-adjusted) = 100; sources: Bundesbank, German Federal Statistical Office, own calculations. Freedom of movement for EU employees Lack of growth stimulus in the market Vacancy rates in cities coming down Market growth driven by rising property prices; number of transactions virtually unchanged H1/26: €120 bn (-1% yoy)
Page 33
Hypoport SE, H1 2026 results 33 Home ownership is increasingly becoming the only viable option Key reasons for home ownership and the macro-level drivers Regulation Lifeevents Supply of rentalaccommodation Affordabilityofhome ownership Planning a family continues to be the primary trigger event Steady separation rate and increase in single households New construction of rental accommodation is declining Tenant turnover continues to fall Rising incomes More supply from sellers, prices still rising slightly More interest-rate volatility than in 2025 Transfer taxes on residential property have been stable Housebuilding remains a heavily regulated sector Regulatory burden is prompting private small- scale landlords to sell their rental properties Construction costs still high Support programmes are yet to be updated Desire for home ownership remains high Sharp rise in new rental contracts
Page 34
Hypoport SE, H1 2026 results 34 Examples of AI-based functions (since 2017) AI has been improving our platforms since 2017 • Indication of affordability and payment instalments (#passt) • Probability of lead conversion • Placement of offers with best possibility of conversion • Current market value of real estate • Validation of property details for immediate loans • Current account analysis for checking credit standing • Prediction of lending decision & processing times • Classification and sorting of loan documentation Examples and vision for the role of AI in Europace • Partners use Europace via open APIs and MCP • Integration in all consumer-side agents with access to all financing offers in the market, from initial indication to full loan agreement • Advisors and lending decision-makers use the integrated AI throughout the entire credit process • ‘Europace Agent’ carries out some tasks fully independently • In its established business models, Hypoport benefits from its central market positioning and its existing wealth of data as the basis for enhancing its platforms • Hypoport’s established platforms provide ideal integration infrastructure for new AI-based market participants (agents for consumers and upstream stages of the value chain) • The market position of Hypoport’s established platforms can only be challenged by generative or specialised AI/agents with a disproportionate amount of effort and expense due to the market structure, regulatory rules and the limited technological capabilities of product suppliers Conclu- sion: AI and Europace in 2030
Page 35
Hypoport SE, H1 2026 results 35 Sparse rental supply is pushing up real estate purchases The drivers of growth in the mortgage finance market 60 80 100 120 140 160 2019 2020 2021 2022 2023 2024 2025 2026 Apartments offered for sale (number) Apartments offered to rent (number) Indexed figures. 2019 = 100; source: Value AG. Market of the future • Regulation is reducing tenant turnover in the existing rental housing stock (lock-in effect), thereby depleting supply • Regulatory burden is prompting private small-scale landlords to sell their rental properties (to owner- occupiers) • Regulation makes construction of rental housing in the open market unattractive for professional investors → Properties offered in the rental market are losing appeal for medium- income households, who are instead opting for home ownership
Page 36
Hypoport SE, H1 2026 results 36 Rising property prices are driving up the total lending volume The drivers of growth in the mortgage finance market 0 1 2 3 4 5 6 7 100 120 140 160 180 200 220 2019 2020 2021 2022 2023 2024 2025 2026 Prices of existing apartments Prices of existing houses Cost of new builds Interest rates Indexed figures. 2019 = 100; source: Europace AG. Market of the future • Growing demand for housing due to + immigration + internal migration + the growing number of single households / lock-in effect coincides with dwindling supply →Property prices are rising faster than inflation, especially in major cities and regions recording net population growth
Page 37
Hypoport SE, H1 2026 results 37 80 90 100 110 120 130 140 150 Q1/06 Q1/07 Q1/08 Q1/09 Q1/10 Q1/11 Q1/12 Q1/13 Q1/14 Q1/15 Q1/16 Q1/17 Q1/18 Q1/19 Q1/20 Q1/21 Q1/22 Q1/23 Q1/24 Q1/25 Q1/26 Market volume still well below trend range The drivers of growth in the mortgage finance market Figures indexed and adjusted for inflation. Q4 2024 = 100; sources: Bundesbank, German Federal Statistical Office, own calculations. Market of the future • Properties offered in the rental market are losing appeal for medium-income households, who are instead opting for home ownership • Property prices are rising faster than inflation, especially in major cities and regions recording net population growth + Investment in green heating / energy efficiency needs to be stepped up to €20 billion per quarter + Normalisation of remortgaging from 2027 → €75–100 billion per quarter
Page 38
Hypoport SE, H1 2026 results 38 Q1/19 Q3/19 Q1/20 Q3/20 Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Overall market (according to Bundesbank) Overall market (according to the Schufa credit bureau) Europace transaction volume Structural gains in market share Volume of private mortgage finance in Germany Values presented on a logarithmic scale. Q1 2019 = 100. Overall market (based on Bundesbank data): Figures include building finance loans that have been drawn down; Europace transaction volume before cancellations. 230 170 135 100 60 • Structural gains in market share among cooperative banks and savings banks • Independent distributors continue to gain market share • Deeper technological integration of Europace at banks is triggering a ‘marketplace effect’ • Integration of Hypoport’s various attributes along the home-ownership value chain raises the appeal of the overall platform (‘platform economy’) • Growing AI expertise unlocks a huge wealth of data +49% -6% -1%
Page 39
Hypoport SE, H1 2026 results 39 Continuous improvement in margins since 2023 Long-term changes in gross profit and EBIT 3 24 50 249 209 241 266 138 1999 2006 2013 2021 2023 2024 2025 H1/26 Gross profit (€ million)* 2 5 4 48 2 18 33 19 1999 2006 2013 2021 2023 2024 2025 H1/26 EBIT (€ million)* Start-up Established despite fin. crisis Upscaling and expansion Qualitative growth in periods of crisis * Before one-off items and adjusted to reflect the change in recognition method and the correction of revenue recognition.
Page 40
Hypoport SE, H1 2026 results 40 Outlook for 2026–2029 Rising EBIT margin Growing mortgage finance market Additional products & increased integration Efficiency gains & cost discipline