Re/Max Holdings Inc (N:RMAX)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 5075 South Syracuse Street DENVER CO 80237 |
| Tel: | N/A |
| Website: | https://www.remaxholdings.com |
| IR: | See website |
| Key People | ||
| David L. Liniger Non-Executive Chairman of the Board, Co-Founder | W. Erik Carlson Chief Executive Officer, Director | Karri R. Callahan Chief Financial Officer |
| Amy Lessinger President of RE/MAX, LLC | Ward M. Morrison President and Chief Executive Officer - Motto Mortgage and Wemlo | Serene Marie Smith Chief of Staff and Chief Operating Officer |
| Susie Winders Executive Vice President, Chief Compliance Officer, General Counsel, Company Secretary | W. Grady Ligon Chief Information Officer | |
| Business Overview |
| RE/MAX Holdings, Inc. is a franchisor in the real estate industry. The Company is engaged in franchising real estate brokerages globally under the RE/MAX brand, and mortgage brokerages within the United States under the Motto Mortgage (Motto) brand. The Company operates through three segments: Real Estate, Mortgage and Marketing Funds. The Real Estate segment comprises the operations of the Company's owned and independent global franchising operations under the RE/MAX brand, along with corporate-wide shared services expenses. The Mortgage segment comprises the operations of the Company's mortgage brokerage franchising operations under the Motto brand and mortgage loan processing services under the wemlo brand. The Marketing Funds segment comprises the operations of the Company's marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The Company operates in more than 110 countries and territories. |
| Financial Overview |
| For the three months ended 31 March 2024, Re/Max Holdings Inc revenues decreased 8% to $78.3M. Net loss increased from $671K to $3.4M. Revenues reflect Total Real Estate segment decrease of 10% to $54.4M, Marketing Funds segment decrease of 5% to $20.2M, U.S. segment decrease of 27% to $48.6M, Canada segment decrease of less than 1% to $15.2M. Higher net loss reflects Interest expense increase of 12% to $9.3M (expense). |
| Employees: | 544 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $541.99M as of Mar 31, 2024 |
| Annual revenue (TTM): | $318.56M as of Mar 31, 2024 |
| EBITDA (TTM): | $72.06M as of Mar 31, 2024 |
| Net annual income (TTM): | -$71.70M as of Mar 31, 2024 |
| Free cash flow (TTM): | $17.72M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $361.57M as of Mar 31, 2024 |
| Shares outstanding: | 18,852,859 as of Apr 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.