RE/MAX HOLDINGS, INC. REPORTS FOURTH QUARTER 2024 RESULTS
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RE/MAX Holdings, Inc. reported a 5.4% decrease in Q4 2024 revenue to $72.5 million, with adjusted EBITDA up 1.6% to $23.3 million. The total agent count increased by 1.2%, but U.S. and Canada agent count decreased by 4.8%. Motto Mortgage franchises fell by 8.5%.
February 20, 2025 | 9:30 pm
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RE/MAX Holdings reported a decrease in Q4 2024 revenue by 5.4% to $72.5 million, but adjusted EBITDA increased by 1.6% to $23.3 million. The total agent count rose by 1.2%, while U.S. and Canada agent count fell by 4.8%.
The decrease in revenue and U.S./Canada agent count could be seen as negative, but the increase in adjusted EBITDA and total agent count provides a mixed outlook. The market may react neutrally in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100