HomeToGo SE (DB:HTG) is looking for acquisitions. Steffen Schneider, Chief Financial Officer said, "And what are we doing with the cash? Well, first, we will reinvest it in organic growth, profitable growth.

We want to grow. We see a lot of opportunities to grow. Number one focus is to reach adjusted EBITDA breakeven and then to continue on our profitable path.

But we will also want to grow. And if profitable acquisitions come along, like we did with the acquisition of e-domizil or SECRA, Smoobu, we will take use of it, but we are very disciplined in using the cash which we got from you as shareholders and make the best use of it".