Scout24
The company behind ImmoScout24, Germany’s biggest property site.
52-week range
As of 5 Oct 2026, 17:35What does Scout24 do?
Berlin-based Scout24 runs ImmoScout24, Germany’s largest online marketplace for flats and houses, plus portals in Austria and, since February 2026, Fotocasa in Spain. It makes most of its money from estate agents who pay a subscription to list properties. People looking for a home pay too, for example for SuchenPlus (formerly MieterPlus), which offers a digital application folder.
If you look for a flat in Germany, you will almost certainly end up on ImmoScout24. If you ever booked MieterPlus or SuchenPlus, you paid Scout24 directly.
How Scout24 makes money
- Agents & professional customers72 %
- Private users28 %
Strengths
- The clear market leader: anyone hunting for a flat almost always checks ImmoScout24.
- Very profitable: in 2025 about 62% of revenue was left as operating profit before depreciation.
- Subscriptions bring in recurring, predictable income.
Risks
- When the property market stalls, agents place fewer listings.
- The business depends almost entirely on the German property market.
- Competition from other sites such as Kleinanzeigen and Immowelt.
- Founded
- 1998
- Headquarters
- Berlin, Germany
- Employees
- about 1,100 (end of 2025)
What if you had invested in Scout24 earlier?
Similar stocks
-8.4%Zalando
One of Europe’s largest online fashion retailers.
-35.1%Vonovia
Germany’s largest landlord, with around 530,000 homes.
+22.8%Alphabet
Google, YouTube and Android under one roof.
+15.0%Meta
WhatsApp, Instagram and Facebook, paid for by advertising.
This page explains the company and is not a recommendation to buy or sell.