Hemnet Group AB
HEM
ISIN SE0015671995 / Valor 111198534
Hemnet Group AB
UMushroom community rating:
About company
Hemnet Group AB operates as a leading online marketplace for property buyers, sellers, and real estate agents in Sweden. Through their platforms, apps, and website, the company brings together a large number of users looking to buy or sell properties. Hemnet's business model revolves around being the primary destination for individuals interested in the real estate market, providing a comprehensive platform for property transactions.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (23.05.2024):
Net Sales
In the first quarter of 2024, Hemnet Group AB reported a significant increase in net sales, rising by 33.3 percent to SEK 253.4 million, up from SEK 190.1 million in the same period the previous year.
EBITDA Growth
Hemnet Group AB's EBITDA for Q1 2024 showed a robust growth of 37.3 percent, reaching SEK 119.7 million compared to SEK 87.2 million recorded during the first quarter of 2023.
Operating Profit
The operating profit for Hemnet Group AB in the first quarter of 2024 increased by 45.2 percent to SEK 98.9 million from SEK 68.1 million in the corresponding quarter of the previous year.
ARPL Increase
Hemnet Group AB experienced a notable rise in the average revenue per published listing (ARPL), which increased by 32.5 percent to SEK 4,911 in Q1 2024 from SEK 3,706 in Q1 2023.
Comprehensive Financial Summary
For the period ending March 2024, Hemnet Group AB's financial performance showed positive trends across various metrics. Net sales reached SEK 253.4 million, a 33.3 percent increase year-over-year. The adjusted EBITDA rose by 37.3 percent to SEK 119.7 million, with an adjusted EBITDA margin improvement of 1.3 percentage points to 47.2 percent. Operating profit surged by 45.2 percent to SEK 98.9 million, and net profit for the period was up by 42.8 percent to SEK 72.4 million. Earnings per share, both basic and diluted, increased significantly by over 45 percent to SEK 0.75.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2772 M
Market cap (USD)
72,364
Daily traded volume (Shares)
335.6 / 328.6
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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