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Earnings Call Summary | RE/MAX Holdings(RMAX.US) Q1 2024 Earnings Conference

Earnings Call Summary | RE/MAX Holdings(RMAX.US) Q1 2024 Earnings Conference

業績電話會議摘要 | RE/MAX Holdings (RMAX.US) 2024 年第一季度業績發佈會
富途資訊 ·  05/04 09:30  · 電話會議

The following is a summary of the RE/MAX Holdings, Inc. (RMAX) Q1 2024 Earnings Call Transcript:

以下是瑞麥控股公司(RMAX)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • RE/MAX reported Q1 revenue of $78.3 million, with an adjusted EBITDA of $19 million and an adjusted EBITDA margin of 24.3%. The adjusted EPS was $0.20.

  • Revenue, excluding marketing funds revenue, was $58.1 million, showing a 9.3% decrease compared to the previous year, specifically due to a reduction in events-related revenue and lower U.S. agent count.

  • The company expects Q2 agent count to change between negative 1.5% to 0% over Q2 2023 and revenue to range within $75 to $80 million. Full-year revenue is estimated to fall between $300 to $320 million with agent count ranging between negative 0.5% to positive 1.5%.

  • RE/MAX公佈的第一季度收入爲7,830萬美元,調整後的息稅折舊攤銷前利潤爲1900萬美元,調整後的息稅折舊攤銷前利潤率爲24.3%。調整後的每股收益爲0.20美元。

  • 不包括營銷基金收入在內的收入爲5,810萬美元,與上年相比下降了9.3%,這主要是由於與活動相關的收入減少和美國代理商數量的減少。

  • 該公司預計,與2023年第二季度相比,第二季度的代理商數量將在負1.5%至0%之間變化,收入將在7500萬美元至8000萬美元之間。全年收入估計將在3億美元至3.2億美元之間下降,代理商數量在負0.5%至正1.5%之間。

Business Progress:

業務進展:

  • RE/MAX's agents were proven highly productive, outselling competitors 2-to-1 in residential transactions last year according to a large U.S. brokerages survey.

  • Amidst industry changes proposed by the National Association of REALTORS, RE/MAX has promised support for its affiliates in education, consultation, marketing, and consumer messaging.

  • The company is seeing growth in the mortgage industry despite challenging market conditions.

  • On April 1, RE/MAX launched the expanded teams initiative, aiming to add six new team members.

  • RE/MAX outperforms the industry with less brand-new agents (10% versus an industry average of 20%), demonstrating a trend of having more tenured and experienced agents.

  • Future monetization opportunities with international agents are being targeted, along with the continuous growth of the Motto Mortgage franchise.

  • 根據一項大型美國經紀商調查,RE/MAX的代理商被證明生產力很高,去年在住宅交易中的銷量比競爭對手高出2比1。

  • 在全國房地產經紀人協會提議的行業變革中,RE/MAX已承諾在教育、諮詢、營銷和消費者信息傳遞方面爲其分支機構提供支持。

  • 儘管市場條件艱難,但該公司的抵押貸款行業仍在增長。

  • 4月1日,RE/MAX啓動了擴大團隊計劃,旨在增加六名新的團隊成員。

  • RE/MAX在全新代理商較少(10%,而行業平均水平爲20%)的情況下表現優於該行業,這表明了擁有更多終身和經驗豐富的代理商的趨勢。

  • 隨着Motto Mortgage特許經營權的持續增長,國際代理商的未來獲利機會正成爲目標。

More details: RE/MAX Holdings IR

更多詳情: RE/MAX Holdings IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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