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RMAX Price Correlated With Financials For RE/MAX Holdings

Free historical financial statements for RE/MAX Holdings Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 35 quarters since 2014. Compare with RMAX stock chart to see long term trends.

RMAX Stock Compared to Quarterly

RMAX Income Statement

Revenue, Net:88943000
Revenue Per Share:4.77
Selling, General & Admin Expense:49702000
Total Operating Expenses:83708000
Operating Income:5235000
Income Taxes:553000
Net Income:-910000
Earnings Per Share, Basic:0.01
Shares Outstanding, Basic Avg:18646306

RMAX Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:8757000
Net Cash from Operations:22467000
Net Cash from Operations Per Share:1.2049
Repurchases/Buybacks Common Stock:11929000
Cash Dividends Paid:4418000
Net Cash from Financing Activities:-21694000
Property, Plant & Equipment Purchases:1806000
Net Cash from Investing Activities:-3721000
Net Change in Cash & Equivalents:-4511000

RMAX Balance Sheet

Cash and Cash Equivalents:149298000
Total Current Assets:206675000
Property, Plant & Equipment, Net:9759000
Total Assets:726555000
Accounts Payable:7969000
Current Portion of Long-Term Debt:4600000
Total Short-Term Liabilities:127561000
Long Term Debt, Non-Current Portion:444653000
Total Liabilities:679867000

Insider Trading

SEC Form 4
Peterson Adam K   10% Owner
66,061 sh at $19
Peterson Adam K   10% Owner
14,199 sh at $17
Peterson Adam K   10% Owner
4,830 sh at $19
Peterson Adam K   10% Owner
18,934 sh at $18
Peterson Adam K   10% Owner
40,000 sh at $18
Peterson Adam K   10% Owner
35,390 sh at $18

Major Holders (from 13F filings)

Investment Type
Value (x$1000)
increase or decrease
Blackrock Inc.
3,022,566 sh
-678,744 sh
Vanguard Group Inc
2,233,460 sh
-7,485 sh
Magnolia Group, LLC
2,196,195 sh
107,586 sh
Dimensional Fund Advisors LP
1,422,668 sh
-159,351 sh
RPD Fund Management LLC
1,082,533 sh
236,870 sh
Renaissance Technologies LLC
958,500 sh
-130,500 sh
State Street Corp
668,310 sh
-884 sh
Aureus Asset Management, LLC
650,771 sh
-191,619 sh
Confluence Investment Management LLC
597,239 sh
962 sh
Geode Capital Management, LLC
382,054 sh
3,547 sh
Hotchkis & Wiley Capital Management LLC
304,440 sh
-39,510 sh
Bank Of New York Mellon Corp
217,584 sh
9,062 sh
Northern Trust Corp
210,347 sh
-33,896 sh
Goldman Sachs Group Inc
170,661 sh
-27,024 sh
American Century Companies Inc
150,922 sh
21,150 sh
Morgan Stanley
148,496 sh
-15,830 sh
Charles Schwab Investment Management Inc
135,568 sh
-2,950 sh
Two Sigma Advisers, Lp
129,700 sh
-18,500 sh
Millennium Management LLC
120,091 sh
95,012 sh
Principal Financial Group Inc
115,957 sh
-3,026 sh
1. Business and Organization RE/MAX Holdings, Inc. (“Holdings”) completed an initial public offering (the “IPO”) of its shares of Class A common stock on October 7, 2013. Holdings’ only business is to act as the sole manager of RMCO, LLC (“RMCO”). As of December 31, 2021, Holdings owns 60.0% of the common membership units in RMCO, while RIHI, Inc. (“RIHI”) owns the remaining 40.0%. Holdings and its consolidated subsidiaries, including RMCO, are referred to hereinafter as the “Company.” The Company is one of the world’s leading franchisors in the real estate industry, franchising real estate brokerages globally under the RE/MAX brand (“RE/MAX”) and mortgage brokerages within the United States (“U.S.”) under the Motto Mortgage brand (“Motto”). The Company also sells ancillary products and services, primarily technology, to the RE/MAX and Motto franchise networks and in certain instances, commercializes those offerings outside those networks. The Company focuses on enabling its networks’ success by providing powerful technology, quality education, and valuable marketing to build the strength of the RE/MAX and Motto brands. RE/MAX was founded in 1973 and its strategy is to sell franchises and help those franchisees recruit and retain the best agents. The RE/MAX brand is built on the strength of the Company’s global franchise network and its unique economic model that helps to attract and retain the best-performing and most experienced agents by maximizing their opportunity to retain a larger portion of their commissions. On July 21, 2021, the Company acquired the operating companies of the North America regions of RE/MAX INTEGRA (“INTEGRA”), converting more than 19,000 agents in INTEGRA’s formerly Independent Regions into Company-Owned Regions. Motto, founded in 2016, has grown to over 185 offices across more than 35 states. The Motto franchise model offers U.S. real estate brokers, real estate professionals and other investors access to the mortgage brokerage business. Motto, is highly complementary to our RE/MAX real estate business and is designed to improve the profitability of real estate brokerages by providing Motto franchise owners with diversified revenue and income streams and with assistance with compliance with complex mortgage regulations. Motto franchisees offer potential homebuyers an opportunity to find both real estate agents and independent Motto loan originators at the same location or at offices near each other. RE/MAX and Motto are 100% franchised—the Company does not own any of the brokerages that operate under these brands. Holdings Capital Structure Holdings has two classes of common stock, Class A common stock and Class B common stock. Class A common stock Holders of shares of Class A common stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders. Additionally, holders of shares of Class A common stock are entitled to receive dividends when and if declared by the Company’s Board of Directors, subject to any statutory or contractual restrictions on the payment of dividends. Holders of shares of Class A common stock do not have preemptive, subscription, redemption or conversion rights. Class B common stock RIHI is the sole holder of Class B common stock and is controlled by David and Gail Liniger, the Company’s co-founders. Pursuant to the terms of the Company’s Certificate of Incorporation, Class B common stock is entitled to a number of votes on matters presented to Holdings’ stockholders equal to the number of RMCO common units that RIHI holds. Through its ownership of the Class B common stock, RIHI holds 40.0% of the voting power of the Company’s stock as of December 31, 2021. Mr. Liniger also owns Class A common stock with an additional 1.1% of the voting power of the Company’s stock as of December 31, 2021. Holders of shares of Class B common stock do not have preemptive, subscription, redemption or conversion rights. Holders of shares of Class A

Data imported from RE/MAX Holdings Inc. SEC filings. Check original filings before making any investment decision.