SMG Swiss Marketplace Group (SMG) H2 2024 earnings summary

Executive summary

• Consolidated financial statements for the year ended 31 December 2024 were audited and found to give a true and fair view in accordance with IFRS and Swiss law.

• The group completed strategic acquisitions in real estate, finance & insurance, and software development, strengthening its market position and digital capabilities.

• A dividend of CHF 93.75 per share was distributed, totaling CHF 229.9 million.

Financial highlights

• Revenue increased to CHF 290.9 million, up from CHF 260.1 million year-over-year.

• Net income rose to CHF 61.4 million from CHF 46.1 million year-over-year.

• Adjusted EBITDA reached CHF 139.2 million, up from CHF 110.0 million year-over-year.

• Operating cash flow was CHF 125.2 million, compared to CHF 91.9 million in the prior year.

• Basic and diluted EPS increased to CHF 25.11 from CHF 18.80 year-over-year.

Outlook and guidance

• The group plans to reinvest future profits for sustainable growth while maintaining dividend payments.

• Management is assessing the impact of upcoming IFRS 18 and other new standards, with no early adoption planned.