RMAX Q1 2023 Earnings — RE/MAX Holdings, Inc. Revenue & Financial Results | Market Cap Arena

RMAXRE/MAX Holdings, Inc.

$118M

Q1 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$85M-6.2% YoY

Gross Profit

$64M75.0% margin

Operating Income

$7M8.1% margin

Net Income

-$671,000-0.8% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$673M

Total Liabilities

$650M

Stockholders' Equity

$475M

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$91M	-6.2%
Gross Profit	$64M	$68M	-6.0%
Operating Income	$7M	$8M	-9.1%
Net Income	-$671,000	$1M	-146.2%

Revenue Segments

Real Estate

$61M71%

Marketing Funds fees

$21M25%

Mortgage

$3M4%

Geographic Segments

Global.

$3M93%

Other.

$241,0007%