Hypoport Se · XETR:HYQ
Hypoport — FY2015 Earnings Presentation
26 slides from Hypoport's earnings presentation, Mar 14, 2016
Slide 1: Record year in 2015
Record year in 2015 Preliminary financial results for 2015
Slide 2: Mission: Financial-services and Technology
Mission: Financial-services and Technology Key facts and figures Record results in 2015 (yoy) • Revenue: +24% (€112.3 million -> €139.0 million) • EBIT: +143% (€7.9 million -> €19.3 million) • Xetra share price: +655% • EPS: €2.61 Hypoport growing faster than the market (yoy) • Mortgage finance mark
Slide 3: Contents
Contents 1. Market environment 2. Business units 3. Overview of key performance indicators 4. Hypoport's shares 5. Outlook
Slide 4: Growth in mortgage finance market volume for the first time
Growth in mortgage finance market volume for the first time Changes in interest-rate and in the volume of mortgage finance in Germany 6,0% €30 bn DGZF-Pfandbriefe 10 Jahre Volume of mortgage finance according to Bundesbank €25 bn 5,0% 4,0% €20 bn 3,0% €15 bn 2,0% €10 bn 1,0% €5 bn 0,0% Preliminary f
Slide 5: Mortgage finance: market conditions remain positive
Mortgage finance: market conditions remain positive Performance of the relevant financial products and how they are influenced by market conditions Private finance Commercial finance Private clients, financial service providers Institutional clients • Structural market growth from new • The housing
Slide 6: Contents
Contents 1. Market environment 2. Business units 3. Overview of key performance indicators 4. Hypoport's shares 5. Outlook
Slide 7: Financial Service Providers business unit
Financial Service Providers business unit Segment results Preliminary financial results for 2015 7
Slide 8: EUROPACE gains further significant market share
EUROPACE gains further significant market share Financial Service Providers: volume of transactions and number of partners Volume of transactions (€ billion) • Mortgage finance on EUROPACE continues to CAGR: +20% +25% grow faster than the market. 45.2 28.9 31.6 36.2 • The volume of building finance
Slide 9: EUROPACE gains further significant market share
EUROPACE gains further significant market share Financial Service Providers: volume of transactions and number of partners Revenue (€ million) +28% 44.0 34.4 2014 2015 • Further increase in the EBIT margin. Gross profit (€ million) +32% • As expected, Q4 was slightly weaker due to 27.6 20.8 seasonal
Slide 10: Private Clients business unit
Private Clients business unit Segment results Preliminary financial results for 2015 10
Slide 11: Dr. Klein continues to increase the volume of mortgage finance
Dr. Klein continues to increase the volume of mortgage finance Private Clients: Volume of loans brokered and number of advisors Volume of transactions (€ billion) CAGR: +18% +44% 9.0 5.4 6.3 3.9 4.6 • There were further substantial gains in market 2011 2012 2013 2014 2015 * before cancellation share
Slide 12: Dr. Klein franchise system shows potential for scaling
Dr. Klein franchise system shows potential for scaling Private Clients: revenue, gross profit and earnings Revenue (€ million) +23% 78.6 63.9 • Expansion of market share in loan brokerage leads to significant double-digit revenue 2014 2015 growth. Gross profit (€ million) +26% • EBIT pushed up by pr
Slide 13: Institutional Clients business unit
Institutional Clients business unit Segment results Preliminary financial results for 2015 13
Slide 14: Increase in volume underlines market position
Increase in volume underlines market position Institutional Clients: volume of loans brokered and consulting revenue Volume of transactions (€ billion) +26% 2.08 1.64 • Ongoing increases in the volume of mortgages brokered results in a record volume of long- term loans being brokered in 2015. 2014 2
Slide 15: Earnings boosted by large one-off transactions
Earnings boosted by large one-off transactions Institutional Clients: revenue, gross profit and earnings Revenue (€ million) +20% 17.3 14.5 2014 2015 • In addition to strong underlying business, high- volume loans were arranged, particularly for Gross profit (€ million) +22% large housing companies.
Slide 16: New business-models
New business-models A * g fay’
Slide 17: New members of the Hypoport family of companies
New members of the Hypoport family of companies Business models taking shape Business Modell GU Status Maturity level EUROPACE for Market leader in the Netherlands. Expansion IC issuers First customers signed up in Africa and Asia. stage used by 114 Sparkassen Expansion Finmas FSP (+24% ytd). 17 of
Slide 18: Contents
Contents 1. Market environment 2. Business units 3. Overview of key performance indicators 4. Hypoport's shares 5. Outlook
Slide 19: Hypoport maintains growth trajectory
Hypoport maintains growth trajectory Overview of Hypoport's key performance indicators Revenue Gross profit Employees (€ million) +24% (€ million) (number) +27% +1% 139.0 71.7 561 569 112.3 56.4 2014 2015 2014 2015 2014 2015 EBITDA EBIT Net profit for the year (€ million) (€ million) (€ million) +97
Slide 20: Contents
Contents 1. Market environment 2. Business units 3. Overview of key performance indicators 4. Hypoport's shares 5. Outlook
Slide 21: Investor relations activities stepped up
Investor relations activities stepped up Shareholder structure, share repurchase programmes and investor relations activities Breakdown of shareholders as at 31 December 2015 Share repurchase programmes as at 4 March 2016 Fixed ownership YEAR SHARES PURCHASED MAX. PRICE Ronald Slabke (founder, CEO)
Slide 22: Share price reflects impressive financial results
Share price reflects impressive financial results Share performance, research and SDAX ranking Performance of Hypoport shares (daily closing prices, Xetra, €) up to 4 March 2016 78 68 58 48 38 28 18 8 Feb Apr Dec Feb Jan Sep Jan Aug Nov Mar May Jul Mar Jun Oct Research & Indices Indicators RECOMMEN
Slide 23: Contents
Contents 1. Market environment 2. Business units 3. Overview of key performance indicators 4. Hypoport's shares 5. Outlook
Slide 24: Hypoport will continue generating profitable growth
Hypoport will continue generating profitable growth Investment highlights Hypoport's domain is technology-based financial services Hypoport will continue to support and expand its family of subsidiaries. Growth in the housing market is supporting success of business models. Regulation and pressure o
Slide 25: Contact
Contact Christian Würdemann Hypoport AG Head of Group Operations Klosterstrasse 71 Tel: +49 (0)30 420 860 10179 Berlin Email: ir(at)hypoport.de Germany
Slide 26: Disclaimer
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 Hyp