HomeToGo (HTG) Investor presentation summary

Business model and market position

• Operates as Europe's leading vacation rental platform, integrating B2B software, tech-enabled services, and an AI-powered B2C marketplace.

• B2B segment (HomeToGo_PRO) provides SaaS and full-service management for property owners and managers, contributing ~64% of revenues and ~80% of adj. EBITDA.

• B2C marketplace aggregates over 20M vacation rental offers, leveraging AI for search, planning, and reviews.

• Highly diversified customer base with no single customer contributing more than ~0.6% to group revenues in B2B.

• Vertical integration enables operational synergies, cross-segment growth, and internalized distribution margins.

Financial performance and guidance

• Pro forma IFRS revenues expected to reach ~€400M in FY25 (+4% YoY), with adj. EBITDA of ~€40M (+22% YoY).

• B2B segment drives revenue growth and profitability, with ~90% recurring and repeat revenues.

• Record Q3 2025 revenues (€108.1M, +24% YoY) and adj. EBITDA (€43.0M, +20% YoY).

• Free cash flow expected to be positive on a pro forma basis for 2025, despite statutory negative FCF due to seasonality and Interhome consolidation.

• Onsite take rate and average basket size continue to rise, especially in core DACH markets.

Strategic developments and acquisitions

• Closed transformative Interhome acquisition in August 2025, shifting focus to B2B, tripling profitability, and enabling significant positive free cash flow.

• Interhome adds 40,000+ properties, 200+ local service offices, and ~90% repeat revenue with 9-year average contract duration.

• ~€10M in cost synergies expected within 12-18 months post-acquisition, with further value creation potential identified.

• Proven M&A track record, with continued roll-up opportunities in a fragmented European market.