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MMI Q3 Deep Dive: Private Client Momentum and Financing Growth Drive Results
Yahoo Finance· 2025-11-08 05:31
Core Insights - Marcus & Millichap met revenue expectations for Q3 CY2025 with a 15.1% year-on-year increase to $193.9 million, but GAAP profit of $0.01 per share was 80% below analysts' consensus estimates [1][6] Financial Performance - Revenue: $193.9 million vs analyst estimates of $193.8 million (15.1% year-on-year growth, in line) [6] - EPS (GAAP): $0.01 vs analyst expectations of $0.05 (80% miss) [6] - Adjusted EBITDA: $6.89 million vs analyst estimates of $600,000 (3.6% margin, significant beat) [6] - Operating Margin: -1.2%, improved from -6.8% in the same quarter last year [6] - Market Capitalization: $1.14 billion [6] Business Segments - Private client segment saw 17% revenue growth and 22% more transactions, driven by renewed activity from banks and credit unions [7] - Financing revenue rose 28%, reflecting better lending conditions and the ability to close deals with nearly 350 different lenders [7] - The auction business closed 191 sales year-to-date, now accounting for about 25% of U.S. commercial property auctions [7] Management Commentary - CEO Hessam Nadji noted a 25% transaction growth rate, emphasizing strong client relationships and expanded service offerings [3] - Management expects further improvement in transaction activity as market realignment continues, with cautious optimism regarding Federal Reserve actions and reduced construction activity [4] - Ongoing investments in talent and technology are expected to translate to operating leverage as the market improves [8]
Ohmyhome (OMH) - Prospectus(update)
2024-02-06 02:39
As filed with the U.S. Securities and Exchange Commission on February 5, 2024. Registration No. 333-275987 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Ohmyhome Limited (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's Name into English) Cayman Islands 3990 Not Applicable Washington, D.C. 20549 Amendment No. 3 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (Primary Standard Industrial Classification Code Number) 11 Lorong 3 Toa Payoh, ...