RMAX Q2 2024 Earnings — RE/MAX Holdings, Inc. Revenue & Financial Results | Market Cap Arena

RMAXRE/MAX Holdings, Inc.

$118M

Q2 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$78M-4.8% YoY

Gross Profit

$58M74.5% margin

Operating Income

$16M20.6% margin

Net Income

$4M4.7% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$14M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$571M

Total Liabilities

$641M

Stockholders' Equity

$418M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$82M	-4.8%
Gross Profit	$58M	$61M	-4.8%
Operating Income	$16M	$13M	+23.0%
Net Income	$4M	$2M	+84.3%

Revenue Segments

Real Estate

$55M70%

Marketing Funds fees

$20M26%

Mortgage

$4M5%

Geographic Segments

Global.

$4M100%