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Remax Holdings Inc   (RMAX)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 
Price: $7.8600 $-0.25 -3.083%
Day's High: $8.35 Week Perf: -7.2 %
Day's Low: $ 7.51 30 Day Perf: -19.55 %
Volume (M): 1,066 52 Wk High: $ 20.48
Volume (M$): $ 8,382 52 Wk Avg: $14.55
Open: $8.06 52 Wk Low: $7.51



 Market Capitalization (Millions $) 142
 Shares Outstanding (Millions) 18
 Employees -
 Revenues (TTM) (Millions $) 330
 Net Income (TTM) (Millions $) -98
 Cash Flow (TTM) (Millions $) -12
 Capital Exp. (TTM) (Millions $) 6

Remax Holdings Inc
Remax Holdings Inc. is an American real estate company that operates franchised offices in more than 100 countries around the world. The company was founded in 1973 by real estate agent Dave Liniger, who started the company with the goal of creating a new, more effective business model for real estate agents.

Today, Remax Holdings Inc. is one of the largest real estate companies in the world, with more than 120,000 agents working in over 8,000 offices worldwide. The company's headquarters are located in Denver, Colorado.

Remax Holdings Inc. operates under a franchise model, which means that individual agents and brokers operate independently under the Remax brand. This model has allowed the company to grow quickly and expand into new markets around the world.

One of the key features of the Remax business model is its focus on agent support and training. The company provides its agents with access to a wide range of training, tools, and resources, including proprietary software that helps agents manage their clients and close deals.

Remax holdings Inc. also offers a wide range of services to homebuyers and sellers, including property listings, virtual tours, and access to a network of trusted professionals such as home inspectors, mortgage brokers, and insurance agents.

In recent years, Remax Holdings Inc. has expanded its business to include technology and marketing services. The company's acquisition of booj, a real estate technology platform, has allowed it to offer agents a more integrated suite of tools for managing their businesses.

Overall, Remax Holdings Inc. is a leading player in the global real estate industry, with a strong focus on agent support and innovation. The company's commitment to providing high-quality services and training to its agents has helped it to build a loyal customer base and solidify its position as a top real estate brand around the world.


   Company Address: 5075 South Syracuse Street Denver 80237 CO
   Company Phone Number: 770-5531   Stock Exchange / Ticker: NYSE RMAX
   


   

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Remax Holdings Inc

2 Navigating Challenges with Resilience and Strategic Growth Initiatives

Remax Holdings Inc: Bullish Momentum Expected Following Recent Earnings Report
Remax Holdings Inc recently released its financial results for the fiscal period ending December 31, 2023, showing mixed but promising figures. Despite reporting losses of $-0.60 per share, which is higher than the previous year's $-0.07 loss, the company's earnings per share (EPS) improved significantly from $-3.28 per share to $-3.81, signaling positive growth.
However, the company experienced a decline in revenue, with a 5.302% decrease to $77.70 million compared to $82.05 million in the same period a year ago. Sequentially, revenue decreased by 5.697% from $82.40 million. Despite this dip in revenue, it's important to note that Remax Holdings Inc's revenue for the financial year 2023 was $330.09 million, representing a decline of only 6.98% from the previous year's $354.85 million.

Remax Holdings Inc

Remax Holdings Inc Plunges into Deficit as Lower Orders Take Toll on Financial Performance in Q3 2023

Bearish Article: Remax Holdings Inc Shows Signs of Struggling Amid Lower Orders
Remax Holdings Inc, a prominent real estate brokerage company, recently released its financial results for the third quarter of 2023, and the numbers paint a worrisome picture. Lower orders have not only led to a significant drop in revenue but have also pushed the company into a sizeable deficit. These developments raise concerns about the company's future prospects and the effectiveness of its growth strategy.
During the financial third quarter of 2023, Remax Holdings Inc slipped into a deficit of $-3.28 per share, a stark contrast to the previous reporting season where the company reported earnings of $0.11 per share. This decline indicates a severe deterioration in the company's financial health and leaves investors with little confidence in its ability to generate profits.

Remax Holdings Inc

Remax Holdings Inc Reports Significant Decline in Revenue and Income for Q2, 2023 Amidst Market Softness


Introduction
Remax Holdings Inc, a prominent real estate brokerage company, announced its financial results for the second quarter of 2023, revealing a decline in revenue and profitability. The company experienced a significant drop in its income, adversely impacting the per-share earnings as revenue fell by 9.469% compared to the same quarter in the previous year. Additionally, the net income of Remax Holdings Inc witnessed a substantial decline of 68.43%. This article examines the context of these financial results and explores their impact on the company.
Revenue Challenges
In Q2 2023, Remax Holdings Inc faced a decline in revenue of 9.469%, with earnings per share tumbling by 63.33% to $0.11 from $0.30 per share in the same quarter of the previous year. The company reported revenue of $83.59 million for the second quarter of 2023, compared to $86.41 million in the preceding reporting period. This revenue softness highlights a challenging economic environment or internal factors, impacting the company's growth.

Remax Holdings Inc

Remax Holdings Inc Reports Mixed Results for Recent Fiscal Period; Revenue Declines by 5.073%

Remax Holdings Inc has recently released its financial report for the most recent fiscal period, and the numbers paint a mixed picture for the company. While the company has seen an improvement in its income per share, losses have also swelled significantly.
The company's financial report shows that for the most recent fiscal period, losses swelled to $-0.04 per share from $0.08 a year ago. However, income per share improved from $-0.07 per share from the previous financial period. This means that the company is still struggling to turn a profit but is making progress towards that end goal.
The biggest issue for Remax Holdings Inc is the decrease in revenue. The company's revenue decreased by -5.073% to $86.41 million from $91.02 million in the same financial period a year before. Sequentially, revenue grew by 5.305% from $82.05 million. This means that the company is growing, but not fast enough to keep up with its losses.






 

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Remax Holdings Inc does not provide revenue guidance.

Earnings Outlook
Remax Holdings Inc does not provide earnings estimates.

 
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