← RE/MAX Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $22.7m |
$12.8m
-43.64%
|
$27.0m
+111.03%
|
$25.0m
-7.41%
|
$11.2m
-55.07%
|
($15.6m)
-238.81%
|
$6.1m
+139.13%
|
($69.0m)
-1229.66%
|
$7.1m
+110.32%
|
$13.4m
+88.59%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $47.8m | $35.2m | $50.4m | $46.9m | $20.5m | ($24.6m) | $10.8m | ($98.5m) | $8.1m | $13.4m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $25.1m | $22.4m | $23.3m | $21.8m | $9.3m | ($9.0m) | $4.6m | ($29.5m) | $954k | $5.3m | — | |
| Depreciation, Depletion and Amortization | $16.1m | $20.5m | $20.7m | $22.3m | $26.1m | $31.3m | $35.8m | $32.4m | $29.6m | $25.8m | $24.4m | |
| Depreciation | $16.1m | $20.5m | $20.7m | $1.7m | $1.8m | $2.2m | $2.4m | $2.5m | $2.4m | $2.4m | $24.4m | |
| Amortization of Debt Issuance Costs and Discounts | $445k | — | — | — | — | — | ($2.1m) | — | — | — | — | |
| Amortization of Intangible Assets | $15.2m | $19.6m | $19.5m | $20.6m | $24.4m | $29.1m | $33.4m | $29.9m | $27.2m | $23.5m | — | |
| Depreciation, Nonproduction | $868k | $900k | $1.2m | — | — | — | — | — | — | — | $24.4m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $35.8m | $32.4m | $29.6m | $25.8m | $24.4m | |
| Deferred Income Tax Expense (Benefit) | $3.5m | $46.5m | $9.6m | $2.3m | $1.9m | ($2.5m) | ($183k) | $49.4m | ($2.1m) | ($455k) | $147k | |
| Deferred Income Tax | — | — | — | — | — | — | ($885k) | $24.1m | ($883k) | $308k | $147k | |
| Deferred Tax | — | — | — | — | — | — | ($885k) | $24.1m | ($883k) | $308k | $147k | |
| Share-based Payment Arrangement, Noncash Expense | $2.3m | $2.9m | $9.2m | $10.9m | $16.3m | $34.3m | $22.0m | $19.5m | $18.9m | $16.6m | $16.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $516k | $816k | $895k | $1.1m | $2.5m | $5.3m | $6.5m | $4.4m | $3.1m | $4.6m | — | |
| Share-based Payment Arrangement, Expense | — | — | $9.2m | $10.9m | $16.3m | $34.3m | $22.0m | $19.5m | $18.9m | $16.6m | $16.6m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $5.1m | $7.1m | $18.6m | — | — | $2.9m | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $7.9m | — | $6.2m | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $15.9m | $6.8m | $1.4m | $3.3m | $2.9m | |
| Other Nonoperating Income (Expense) | ($9.3m) | ($9.5m) | ($11.7m) | ($10.7m) | ($8.9m) | ($12.2m) | ($20.1m) | ($30.9m) | ($34.0m) | ($27.4m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($10.4m) | ($30.2m) | ($2.5m) | ($14.6m) | ($755k) | |
| Change In Receivables | — | — | — | — | — | — | $2.8m | ($8.4m) | $7.5m | ($3.9m) | ($3.9m) | |
| Increase (Decrease) in Other Operating Assets | ($362k) | $2.4m | ($2.2m) | $6.1m | $10.7m | $2.1m | ($5.2m) | ($6.5m) | ($712k) | — | — | |
| Change In Other Current Assets | — | — | — | — | — | ($2.1m) | $5.2m | $6.5m | $712k | — | $6.5m | |
| Change In Other Current Liabilities | — | — | — | — | — | $11.9m | ($17.5m) | ($20.2m) | $1.5m | — | ($20.2m) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | ($1.1m) | ($24k) | ($2.1m) | ($2.9m) | ($1.9m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $64.4m |
$63.3m
-1.69%
|
$76.1m
+20.19%
|
$79.0m
+3.83%
|
$70.8m
-10.29%
|
$42.4m
-40.09%
|
$71.1m
+67.62%
|
$28.3m
-60.27%
|
$59.7m
+111.05%
|
$40.9m
-31.47%
|
$35.0m
-14.40%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($9.9m) | ($6.4m) | ($6.6m) | ($7.4m) | ($9.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $112.9m | $35.7m | $25.9m | $14.9m | $10.6m | $180.0m | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $1.2m | $0 | ($319k) | $1.6m | ($776k) | ($746k) | $408k | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($1.6m) | $776k | $746k | ($408k) | ($408k) | |
| Net Cash Provided by (Used in) Investing Activities | ($117.3m) | ($37.9m) | ($33.7m) | ($876k) | ($17.5m) | ($194.9m) | ($11.5m) | ($5.6m) | ($5.9m) | ($7.8m) | ($9.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($796k) | — | — | — | — | ($264k) | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | $458.9m | $0 | $0 | — | — | — | |
| Long Term Debt Issuance | — | — | — | — | — | $458.9m | $0 | $0 | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | ($4.6m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $34.1m | $3.4m | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $10.6m | $12.8m | $14.3m | $15.1m | $16.4m | $17.8m | $18.2m | $13.6m | $599k | $498k | ($271k) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($18.2m) | ($13.6m) | ($599k) | ($498k) | ($271k) | |
| Common Stock Payments | — | — | — | — | — | — | ($34.1m) | ($3.4m) | $0 | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($34.1m) | ($3.4m) | $0 | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($34.1m) | ($3.4m) | $0 | $0 | $0 | |
| Payments of Dividends | — | — | — | — | — | — | — | — | — | $0 | ($271k) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($18.2m) | ($13.6m) | ($599k) | ($498k) | ($271k) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | $1k | ($27k) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($21.5m) | ($14.3m) | ($3.1m) | ($5.7m) | ($4.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $228k |
($33.2m)
-14676.75%
|
($33.2m)
+0.25%
|
($34.5m)
-4.19%
|
($36.0m)
-4.22%
|
$189.4m
+625.99%
|
($78.4m)
-141.38%
|
($35.8m)
+54.29%
|
($8.3m)
+76.90%
|
($10.8m)
-29.94%
|
($9.7m)
+9.53%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $122k | $1.1m | $9.2m | $43.6m | $17.6m | $37.2m | ($20.3m) | ($12.4m) | $43.5m | $23.8m | $185.5m | |
| Beginning Cash Position | — | — | — | — | — | — | $158.4m | $138.1m | $125.8m | $169.3m | $169.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($52.6m) | ($6.8m) | $60.0m | $103.6m | $121.2m | $158.4m | $138.1m | $125.8m | $169.3m | $193.1m | $185.5m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($1.6m) | $831k | ($2.0m) | $1.4m | ($1.4m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $7.8m | $10.0m | $11.5m | $11.7m | $8.7m | $10.8m | $19.8m | $34.7m | $35.5m | $30.8m | — | |
| Income Taxes Paid, Net | $11.9m | $10.1m | $5.8m | $8.4m | $5.0m | $14.9m | $6.5m | $7.1m | $6.7m | $7.2m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | $59k | — | — | — | — | — | — | — | — | — | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | ($178k) | ($660k) | ($63k) | ($342k) | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($86k) | $174k | ($312k) | $109k | ($2k) | ($839k) | ($641k) | $419k | ($1.5m) | $705k | — | |
| Gain (Loss) on Disposition of Assets | ($178k) | ($4.3m) | $139k | ($342k) | ($503k) | ($5k) | ($1.3m) | ($406k) | ($190k) | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | ($2.5m) | — | — | — | — | |
| Goodwill | $126.6m | $135.2m | $150.7m | $159.0m | $165.4m | $269.1m | $258.6m | $241.2m | $237.2m | $239.6m | $2.9m | |
| Income Tax Expense (Benefit) | $15.3m | $55.6m | $15.8m | $10.9m | $9.2m | $2.5m | $7.4m | $56.9m | ($1.9m) | $6.2m | — | |
| Operating Expenses | $103.9m | $95.7m | $134.8m | $213.9m | $227.4m | $339.6m | $315.2m | $336.3m | $267.5m | $244.6m | — | |
| Proceeds from Stock Options Exercised | $101k | — | — | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($78.4m) | ($35.8m) | ($8.3m) | ($10.8m) | ($9.7m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($11.5m) | ($5.6m) | ($5.9m) | ($7.8m) | ($9.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($20.3m) | ($12.4m) | $43.5m | $23.8m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($813k) | ($21.8m) | ($10.0m) | ($10.6m) | ($10.6m) | |
| Changes In Cash | — | — | — | — | — | — | ($18.7m) | ($13.2m) | $45.5m | $22.3m | $15.7m | |
| End Cash Position | — | — | — | — | — | — | $138.1m | $125.8m | $169.3m | $193.1m | $185.5m | |
| Financing Cash Flow | — | — | — | — | — | — | ($78.4m) |
($35.8m)
+54.29%
|
($8.3m)
+76.90%
|
($10.8m)
-29.94%
|
($9.7m)
+9.53%
|
|
| Free Cash Flow | — | — | — | — | — | — | $61.2m | $21.8m | $53.0m | $33.5m | $25.8m | |
| Investing Cash Flow | — | — | — | — | — | — | ($11.5m) | ($5.6m) | ($5.9m) | ($7.8m) | ($9.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($180.0m) | $0 | $0 | — | — | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($9.9m) | ($6.4m) | ($6.6m) | ($7.4m) | ($9.1m) | |
| Operating Gains Losses | — | — | — | — | — | ($6k) | $1.3m | $406k | $190k | — | $180k | |
| Other Non Cash Items | — | — | — | — | — | — | ($3.4m) | $74.1m | $5.2m | ($4.0m) | — | |
| Purchase Of Business | — | — | — | — | — | ($180.0m) | $0 | $0 | — | — | — | |
| Purchase Of PPE | $4.4m | $2.2m | $7.8m | $13.2m | $6.9m | $15.2m | ($9.9m) | ($6.4m) | ($6.6m) | ($7.4m) | ($9.1m) | |
| Stock Based Compensation | — | — | — | — | — | — | $22.0m | $19.5m | $18.9m | $16.6m | $16.6m |