RMAX Q1 2024 Earnings — RE/MAX Holdings, Inc. Revenue & Financial Results | Market Cap Arena

RMAXRE/MAX Holdings, Inc.

$118M

Q1 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$78M-8.3% YoY

Gross Profit

$50M64.2% margin

Operating Income

$5M5.8% margin

Net Income

-$3M-4.3% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$7M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$567M

Total Liabilities

$645M

Stockholders' Equity

$412M

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$85M	-8.3%
Gross Profit	$50M	$64M	-21.6%
Operating Income	$5M	$7M	-34.5%
Net Income	-$3M	-$671,000	-399.7%

Revenue Segments

Real Estate

$54M70%

Marketing Funds fees

$20M26%

Mortgage

$4M5%

Geographic Segments

Global.

$3M100%