RMAX Q2 2023 Earnings — RE/MAX Holdings, Inc. Revenue & Financial Results | Market Cap Arena

RMAXRE/MAX Holdings, Inc.

$118M

Q2 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$82M-10.6% YoY

Gross Profit

$61M74.4% margin

Operating Income

$13M15.9% margin

Net Income

$2M2.4% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

-$822,000

Free Cash Flow

-$2M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$655M

Total Liabilities

$631M

Stockholders' Equity

$478M

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$92M	-10.6%
Gross Profit	$61M	$69M	-11.4%
Operating Income	$13M	$17M	-22.2%
Net Income	$2M	$6M	-65.5%

Revenue Segments

Real Estate

$58M70%

Marketing Funds fees

$21M26%

Mortgage

$4M4%

Geographic Segments

Global.

$3M94%

Other.

$195,0006%