DOUG Q1 2024 Earnings — Douglas Elliman Inc. Revenue & Financial Results | Market Cap Arena

DOUGDouglas Elliman Inc.

$206M

Q1 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$200M-6.4% YoY

Gross Profit

$51M25.6% margin

Operating Income

-$41M-20.7% margin

Net Income

-$41M-20.7% margin

EPS (Diluted)

$-0.50

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$29M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$461M

Total Liabilities

$265M

Stockholders' Equity

$195M

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$200M	$214M	-6.4%
Gross Profit	$51M	$58M	-11.5%
Operating Income	-$41M	-$24M	-74.2%
Net Income	-$41M	-$18M	-135.3%

Revenue Segments

Commissions And Other Brokerage Income

$188M94%

Property Management

$9M5%

Other Ancillary Services

$3M1%

Geographic Segments

New York City Standard Metropolitan Statistical Area

$63M31%

Southeast

$59M29%

West

$43M22%

Northeast

$35M17%