Scout24 AG (G24.xetr)

Scout24 AG (G24.xetr)

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Scout24 AG (G24.xetr) Profile

Scout24 AG (G24.xetr) is a digital company for residential and commercial real estate with over 20M users per month and 20 years of experience in the markets with headquarters in Munich, Germany. Scout24 has a location in Berlin and, with ImmoScout24, also offices in Cologne and Vienna. Scout24 (G24.xetr) is a listed stock corporation and member of the MDAX and the DAX50 ESG with 800 employees and a market capitalisation of EUR 5.22B as of November 2021. In 2016 Scout24 acquired and In Summer 2020, Scout24 bought 100% of the shares in Immoverkauf24. In Spring 2021, acquired and received license income for certain trademarks, such as LoveScout24, JobScout24 and TravelScout24. In September 2021, the operating company of was sold in full to Scout24 AG. The company set a goal for the following years to digitise the process of real estate transactions with the ImmoScout24 leading platform, create new products, and build up an ecosystem for renting, buying, and commercial real estate in Germany and Austria.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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