NEW YORK, April 30, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume1 announces the participation of CEO & Founder Robert Reffkin and CFO Kalani Reelitz at the 53rd Annual J.P. Morgan TMC Conference. The event will take place on May 14, 2025 at the Westin Seaport District Hotel in Boston.Reffkin will be participating in a fireside chat at 3:00 p.m. ...

Core Insights - The stock market has rebounded significantly from early-April lows, driven by optimism regarding potential trade war resolutions and strong first-quarter earnings results [1] Group 1: Market Trends - Investors are encouraged to maintain exposure to the stock market, particularly by considering cheap stocks priced at $10 or less [2] - Stocks trading under $10 are gaining attention from Wall Street, especially those with strong earnings outlooks and favorable Zacks Ranks [3] Group 2: Penny Stocks - The SEC has redefined penny stocks to include those trading under $5, which are often viewed as speculative and carry high volatility [4][5] - Stocks priced between $5 and $10 are generally considered less risky than penny stocks, yet they still possess speculative characteristics [6] Group 3: Investment Criteria - A selective approach is necessary to identify winning stocks under $10, with specific screening parameters including broker ratings and earnings estimate revisions [7][9] Group 4: Company Spotlight - Compass, Inc. - Compass, Inc. is highlighted as a leading U.S. real estate technology company, experiencing significant growth with a 26% revenue increase in Q4 and a projected revenue of $8.15 billion by 2026 [10][12] - The company is expected to transition from an adjusted loss of -$0.31 per share to a profit of +$0.09 in 2025, with a remarkable projected growth of 194% in 2026 [12] - Compass has achieved a Zacks Rank of 2 (Buy) and has consistently exceeded EPS estimates in recent quarters, supported by positive free cash flow generation [14] - The stock trades at 0.5X forward 12-month sales, indicating significant value compared to its industry average of 4.8X [16] - Despite challenges such as high mortgage rates and a sluggish housing market, Compass is positioned to gain market share, as stated by CEO Robert Reffkin [13]

Core Viewpoint - Compass (COMP) has significantly outperformed its peers and the broader market, with a 60.2% increase in share price over the past three months, contrasting with declines in the Zacks Computer and Technology sector and the Internet - Software industry [1] Group 1: Financial Performance - Revenues for Compass rose by 25.9% in the fourth quarter of 2024, driven by increased transactions and market share expansion [2] - For the first quarter of 2025, Compass expects total revenues between $1.350 billion and $1.475 billion, with a Zacks Consensus Estimate of $1.42 billion, indicating a year-over-year growth of 34.2% [7] - The Zacks Consensus Estimate for 2025 revenues is projected at $7.02 billion, reflecting a year-over-year growth of 24.72% [8] Group 2: Product and Platform Development - Compass's proprietary cloud-native platform enhances real estate transactions by digitizing workflows, improving agent efficiency and client interactions [3] - The One-click Title and Escrow integration has improved attach rates by over 800 basis points in the past four quarters, indicating strong adoption and increased agent productivity [4] - The all-in-one client dashboard, launched in February 2025, has seen early adoption with 14,950 invitations sent in the first week and a 43% increase in client engagement [5] Group 3: Strategic Initiatives - The Make-Me-Sell feature allows homeowners to set target prices to encourage selling, with 9,500 entries to date, aiming to convert CRM contacts into exclusive agent-only listings [6] - Compass's Zacks Rank is currently 2 (Buy), suggesting that investors should consider accumulating the stock [9]

Group 1: Property Overview - "Champions Point" is a 37,700-square-foot mansion with nine bedrooms and 19 bathrooms, located 26 miles north of Chicago, available for rent in March [2][9] - The estate features a professional-grade basketball court, a championship-level putting green, a tennis court, and a 1,200-square-foot fitness gym, catering to sports enthusiasts [2][4] - The property includes luxurious amenities such as a state-of-the-art theater, a custom cigar lounge, and a wine cellar, ideal for hosting events [3][4] Group 2: Architectural and Design Features - The estate is set on over seven acres of landscaped grounds, providing a private retreat with stunning views and bespoke craftsmanship [5][6] - The kitchen is fully imported from Europe and equipped with state-of-the-art appliances, suitable for gourmet cooking and large-scale events [6] - An attached guest house offers additional accommodations with a high-end kitchen and common areas overlooking the pool [7] Group 3: Outdoor and Entertainment Facilities - Outdoor amenities include a heated infinity-edge pool with a private island, a fully equipped grilling area, and a pavilion designed for entertaining [8] - The property is designed for relaxation and entertainment, featuring a pond stocked with bass and ample space for gatherings [8] Group 4: Rental Information - The estate is available for rent for the month of March at a price of $230,000 [9]

Property Overview - "Champions Point" is a luxury estate available for rent in Highland Park, Illinois, covering 37,700 square feet with nine bedrooms and 19 bathrooms [2] - The estate features a professional-grade basketball court, a championship-level putting green, a tennis court, and a 1,200-square-foot fitness gym [2][8] - The property is designed for hosting events, including a state-of-the-art theater with a 15-foot screen and a custom cigar lounge [3][4] Amenities and Features - The estate is situated on over seven acres of landscaped grounds, providing a private retreat ideal for gatherings and relaxation [5] - The main floor includes high-end European kitchen appliances, multiple offices, and a conference room, catering to both leisure and business needs [6] - An attached guest house offers additional accommodations, while the lower level features entertainment options such as a movie theater, gaming area, and wine cellar [7] Outdoor Spaces - Outdoor amenities include a heated infinity-edge pool, a fully equipped grilling area, and a pavilion with a full bar and large TVs for entertaining [8] - The property is designed for outdoor enthusiasts, featuring a stocked pond and ample space for recreational activities [8] Rental Information - "Champions Point" is available for rent for the month of March at a price of $230,000 [9]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ FORM 10-K _______________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ Commission File Number: 001-40291 _______________________ COMPASS, IN ...

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Compass, Inc. (NYSE:COMP) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Soham Bhonsle - Head of IR Robert Reffkin - Founder & CEO Kalani Reelitz - CFO Conference Call Participants Jason Helfstein - Oppenheimer Christopher Kuntarich - UBS Bernie McTernan - Needham Ryan McKeveny - Zelman & Associates Michael Ng - Goldman Sachs Operator Thank you for standing by. And at this time, I would like to welcome everyone to today's Compass, Inc. Q4 and full year 2024 financial resu ...

Financial Data and Key Metrics Changes - In Q4 2024, revenue increased by 25.9% year over year, reaching $1.38 billion, exceeding the high end of the original guidance range [31] - Adjusted EBITDA for Q4 was $16.7 million, a significant improvement from a loss of $23.7 million a year ago [36] - Full year 2024 revenue was $5.6 billion, a 15% increase, with adjusted EBITDA reaching a record $126 million [39] - Free cash flow for Q4 was $26.7 million, a strong recovery from negative free cash flow of $41 million last year [38] Business Line Data and Key Metrics Changes - Total transactions increased by 24.1% year over year, while organic transactions grew by 15.5% [7] - The title and escrow business saw a nearly quadrupled profitability year over year, with expectations to double adjusted EBITDA in 2025 [8] - Principal agent count grew by 21% year over year, with a strong retention rate of 96.9% [7] Market Data and Key Metrics Changes - Market share increased by 65 basis points year over year, from 4.41% to 5.06%, marking the highest increase in the past twelve quarters [11] - The overall market for transactions increased by 6.8%, indicating that Compass's growth outpaced the market significantly [7] Company Strategy and Development Direction - The company aims to control organic operating expenses at 3% to 4% annual growth while expanding market share through agent recruitment and M&A [5] - The acquisition of Christie's International Real Estate is expected to enhance margins and expand the high-margin affiliate business [10] - The company is focused on leveraging its end-to-end platform and unique inventory strategy to drive growth and improve agent productivity [19] Management's Comments on Operating Environment and Future Outlook - Management believes that structural changes in the brokerage industry will favor Compass, particularly following the NAR settlement that removes anti-competitive rules [12] - The company expects to continue gaining market share and improving financial performance despite a challenging housing market [11] - Management is optimistic about the future, projecting continued positive free cash flow and strong growth in adjusted EBITDA [42] Other Important Information - The company ended Q4 with $234 million in cash and cash equivalents, with no outstanding draws on its revolving line of credit [39] - The guidance for Q1 2025 revenue is set between $1.35 billion and $1.475 billion, including contributions from the Christie's acquisition [40] Q&A Session Summary Question: Are new initiatives attracting more agents to Compass? - Management noted that private exclusives and coming soon listings provide agents with a competitive edge, which is increasingly attracting agents to Compass [50] Question: What is the expected impact of acquisitions on revenue? - Management indicated that the acquisition impact for Q1 is around 900 basis points, with expectations for similar impacts throughout 2025 [54] Question: How is the company planning to drive awareness for Compass One? - The company relies on its agents for marketing, leveraging their extensive networks rather than corporate marketing [59] Question: What are the plans for free cash flow usage? - Free cash flow will be focused on fortifying the balance sheet, investing in technology, and potentially returning value to shareholders in the future [63] Question: What is the outlook for agent growth? - The company expects to add between 600 to 700 gross agents while maintaining a high retention rate [78]

CHICAGO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- 2025 will bring a shift toward heritage architectural styles, a heightened interest in security and privacy, and a spotlight on up-and-coming markets including Madrid and the Balkans, according to the Christie's International Real Estate 2025 Global Luxury Forecast.   Unveiled today, the annual report examines key trends and factors shaping the global luxury real estate market, with insights from broker-owners and leading agents within the network of more than 100 ...