DOUG Q2 2023 Earnings — Douglas Elliman Inc. Revenue & Financial Results | Market Cap Arena

DOUGDouglas Elliman Inc.

$206M

Q2 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$276M-24.3% YoY

Gross Profit

$71M25.8% margin

Operating Income

-$8M-3.0% margin

Net Income

-$5M-1.9% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+28.9%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$518M

Total Liabilities

$269M

Stockholders' Equity

$248M

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$276M	$364M	-24.3%
Gross Profit	$71M	$364M	-80.5%
Operating Income	-$8M	$15M	-156.7%
Net Income	-$5M	$10M	-150.9%

Revenue Segments

Commissions And Other Brokerage Income

$262M95%

Property Management

$9M3%

Other Ancillary Services

$4M1%

Geographic Segments

New York City Standard Metropolitan Statistical Area

$9M98%

Northeast

$180,0002%