Financial Performance - Revenue for the three months ended March 31, 2025, was $253,403 thousand, up from $200,239 thousand in the same period of 2024, reflecting a $53,164 thousand increase [145]. - Net loss attributed to Douglas Elliman Inc. for the three months ended March 31, 2025, was $(5,985) thousand, significantly improved from $(41,475) thousand in the same period of 2024 [145]. - Adjusted EBITDA attributed to Douglas Elliman for the last twelve months ended March 31, 2025, was $926 thousand, compared to $(17,783) thousand for the year ended December 31, 2024 [141]. - Operating loss for the three months ended March 31, 2025, was $(5,349) thousand, a significant improvement from $(41,464) thousand in the same period of 2024 [145]. - The company reported a net loss margin of (3.89)% for the three months ended March 31, 2025, compared to (20.71)% for the same period in 2024 [136]. Transaction Metrics - Total transactions for the last twelve months ended March 31, 2025, were 22,212, an increase from 21,781 in the previous year [136]. - Gross transaction value reached $39.1 billion for the last twelve months ended March 31, 2025, compared to $36.4 billion for the year ended December 31, 2024 [136]. - The average transaction value per transaction was $1,761.4 thousand for the last twelve months ended March 31, 2025, an increase from $1,669.6 thousand for the year ended December 31, 2024 [136]. Agent Metrics - Annual retention rate for agents was 87% as of March 31, 2025, slightly down from 89% in the previous year [136]. - The number of Principal Agents as of March 31, 2025, was 4,763, down from 5,264 in the previous year [136]. Income and Expenses - Commission and other brokerage income increased to $241,143 for Q1 2025, up from $188,265 in Q1 2024, representing a growth of 28.1% [146]. - Real estate agent commissions expense rose to $186,525 in Q1 2025, compared to $149,016 in Q1 2024, marking an increase of $37,509 or 25.2% [149]. - Operating expenses totaled $258,752 for Q1 2025, an increase of $17,049 from $241,703 in Q1 2024 [147]. Cash Flow and Liquidity - Cash, cash equivalents, and restricted cash increased by $3,164 to $145,385 in Q1 2025, compared to a decrease of $29,449 in Q1 2024 [157]. - Cash used in operations decreased to $5,617 in Q1 2025 from $27,291 in Q1 2024, reflecting improved operational efficiency [158]. - Cash provided by investing activities was $8,781 in Q1 2025, compared to cash used of $2,158 in Q1 2024 [160]. - The company anticipates that current cash and expected cash flows will be sufficient to meet liquidity needs over the next twelve months [167]. - The company may pursue additional acquisitions or investments, which could impact available liquidity [162].

Douglas Elliman (DOUG) Q1 2025 Earnings Call May 02, 2025 08:00 AM ET Speaker0 Please stand by. Your program is about to begin. If you need audio assistance during today's program, please press 0. Welcome to the Douglas Elliman's First Quarter twenty twenty five Earnings Conference Call. This call is being recorded and simultaneously webcast. An archived version of the webcast will be available on the Investor Relations section of the company's website located at investors.ellmann.com for one year. During t ...

FOR IMMEDIATE RELEASE Contact: Stephen Larkin, Douglas Elliman Inc. 917-902-2503 Olivia Snyder/Catherine Livingston, FGS Global, 212-687-8080 J. Bryant Kirkland III, Douglas Elliman Inc. 305-579-8000 DOUGLAS ELLIMAN INC. REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS Company reports 27% year-over-year revenue growth and significant improvements in Net Loss and Adjusted EBITDA, driven by strategic investments and disciplined expense management. MIAMI, FL, May 1, 2025 - Douglas Elliman Inc. ("Douglas Elliman" o ...

Premier brokerage launches first-ever luxury lifestyle website with AI-powered property search platformNEW YORK, April 9, 2025 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, unveiled its new digital platform today: Elliman.com. This cutting-edge destination introduces Elliman Inspirations, an AI-powered home discovery tool offering personalized property search and a private agent-client collaboration space.This marks a signific ...

_____________________________________________ Form 10-K _____________________________________________ ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Fiscal Year Ended December 31, 2024 Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 _____________________________________________ DOUGLAS ELLIMAN INC. (Exact name of registrant as specified in its ...

Douglas Elliman (DOUG) Q4 2024 Earnings Call March 11, 2025 02:32 PM ET Company Participants Michael Liebowitz - CEO & Chairman of BoardBryant Kirkland - Executive VP, Secretary, Treasurer and CFO Operator Welcome to Douglas Elements Fourth Quarter and Full Year twenty twenty four Earnings Conference Call. This call is being recorded and simultaneously webcast. An archived version of the webcast will be available on the Investor Relations section of the company's website located at investors.element.com for ...

Douglas Elliman Inc. (NYSE:DOUG) Q4 2024 Earnings Conference Call March 11, 2025 9:00 AM ET Company Participants Michael Liebowitz - Chairman & Chief Executive Officer Bryant Kirkland - Chief Financial Officer Conference Call Participants Operator Welcome to Douglas Elliman's Fourth Quarter and Full Year 2024 Earnings Conference Call. This call is being recorded and simultaneously webcast. An archived version of the webcast will be available on the Investor Relations section of the company's website located ...

Financial Performance - Fourth quarter 2024 revenues increased to $243.3 million, up 13.5% from $214.1 million in Q4 2023[3] - The net loss for Q4 2024 was $6.0 million, or $0.07 per diluted share, compared to a net loss of $14.8 million, or $0.18 per diluted share, in Q4 2023[3] - For the full year 2024, revenues reached $995.6 million, a 4.2% increase from $955.6 million in 2023[4] - The net loss for the year ended December 31, 2024, was $76.3 million, or $0.91 per diluted share, compared to $42.6 million, or $0.52 per diluted share, in 2023[5] - Adjusted EBITDA for Q4 2024 improved to a loss of $5.4 million, significantly better than a loss of $16.7 million in Q4 2023[6] - Adjusted net income attributed to Douglas Elliman Inc. for Q4 2024 was $2,376 thousand, a significant recovery from a loss of $13,717 thousand in Q4 2023[27] - The company reported an adjusted EBITDA of $(5,403) thousand for Q4 2024, an improvement from $(16,689) thousand in Q4 2023[27] Transaction Metrics - Gross transaction value for Q4 2024 was approximately $8.8 billion, up from $7.9 billion in Q4 2023, with an average price per transaction of $1.64 million[9] - For the full year 2024, gross transaction value was approximately $36.4 billion, compared to $34.4 billion in 2023, with an average price per transaction of $1.67 million[10] - Total transactions in Q4 2024 were 5,337, up from 5,022 in Q4 2023, indicating a growth of 6.3%[29] - Commissions and other brokerage income increased to $231,905 thousand in Q4 2024, up 14.7% from $202,289 thousand in Q4 2023[29] - Gross transaction value for Q4 2024 was $8.8 billion, compared to $7.9 billion in Q4 2023, reflecting an increase of 11.4%[29] Cash and Investments - The company reported cash and cash equivalents of $135.7 million and investment securities of $9.8 million, totaling $145.5 million as of December 31, 2024[11] - Cash receipts in January and February 2025 were up about 30% compared to the same period last year, indicating strong momentum[2] Legal and Expense Matters - Litigation, settlement, and related expenses for Q4 2024 amounted to $10,630 thousand, compared to $770 thousand in Q4 2023, indicating a significant increase due to ongoing legal matters[27] - Interest expense for Q4 2024 was $1,464 thousand, a substantial rise from $6 thousand in Q4 2023[25] - The company continues to focus on expense reductions and strategic investments in its Development Marketing division to drive long-term value[2] Fair Value Changes - The company experienced a change in the fair value of derivatives embedded within convertible debt, resulting in a loss of $5,188 thousand in Q4 2024, with a gain of $14,978 thousand for the year[27]

Core Insights - Douglas Elliman (NYSE: DOUG) is a leading luxury real estate broker in the U.S. and has experienced flat share performance since August 2024 despite significant market volatility [1] Company Overview - Douglas Elliman operates in the luxury real estate sector, which has shown resilience but is currently facing challenges reflected in its stock performance [1]

Core Viewpoint - Kaskela Law LLC has initiated an investigation into Douglas Elliman Inc. to assess potential violations of securities laws or breaches of fiduciary duties by the company's officers and directors in relation to recent corporate actions [1][2]. Company Performance - Since January 2022, Douglas Elliman's stock price has plummeted from over $10.00 per share to below $2.00 per share, representing a decline of over 80% in value [3].