Core Insights - Altus Group Limited has increased its capital return objectives for 2026 to up to $800 million and has renewed its normal course issuer bid (NCIB) [1][16][18] - The company reported strong financial results for Q4 2025, with a revenue increase of 3.6% year-over-year, and a significant rise in adjusted EBITDA by 26.9% [5][4] - The company is implementing changes to its organizational structure and go-to-market approach, aiming for cost savings and simplification of its portfolio [3][9] Financial Performance - Q4 2025 revenue was C$131.9 million, up from C$126.4 million in Q4 2024, representing a 3.6% increase [5] - Recurring revenue for Q4 2025 was C$107.7 million, a 5.7% increase from C$101.1 million in Q4 2024 [5] - Adjusted EBITDA for Q4 2025 was C$37.0 million, up 26.9% from C$28.8 million in Q4 2024, with an adjusted EBITDA margin of 28.0% [5][4] Business Outlook - For fiscal 2026, the company expects revenue growth of 4-6%, with recurring revenue growth of 5-7% [9][10] - The adjusted EBITDA margin is anticipated to expand by 350-450 basis points [9] - The guidance does not currently include the planned divestiture of the Development Advisory business or other non-core products [11] Capital Return Initiatives - The Board has approved a cash dividend of C$0.15 per common share for Q1 2026, payable on April 15, 2026 [13] - The company plans to return up to an additional C$300 million to shareholders within the first half of 2026, alongside the increased capital return objectives [16][17] - The NCIB allows for the purchase of up to 3,248,929 common shares over the next 12 months, representing approximately 10% of its public float [19][20] Organizational Changes - The company is making targeted changes to its organizational structure and has initiated cost actions expected to generate millions in annual savings [3][9] - Altus Group has begun simplifying its portfolio, including the announced sale of its Appraisals business [3][11]

Core Viewpoint - Altus Group Limited has entered into a definitive agreement to sell its Canadian Appraisals business to Newmark Group, Inc., with the transaction expected to close around March 1, 2026, subject to customary conditions [1] Group 1: Transaction Details - The Canadian Appraisals business will be integrated into Newmark's Valuation & Advisory offering, enhancing its capabilities [1] - Newmark has also signed a multi-year license agreement with Altus for global access to ARGUS Intelligence and other software, which will expand Newmark's performance analytics software and data subscriptions [1][4] Group 2: Strategic Rationale - The divestiture is part of Altus Group's strategy to simplify its portfolio and focus on core analytics capabilities [2] - Altus Group's Canadian Appraisals business has been a key advisor in the commercial real estate sector for over 25 years, serving more than 3,000 clients [2] Group 3: Leadership and Expertise - Colin Johnston, former President of Altus' Canadian Appraisals business, has been appointed as Head of Valuation & Advisory Services, Canada at Newmark, bringing over 30 years of experience in the commercial real estate sector [3] Group 4: Software and Data Offerings - The expanded agreement with Newmark includes access to Altus' suite of software and data offerings, which are essential for commercial real estate professionals [4]

Core Insights - Altus Group Limited has announced that Cushman & Wakefield has selected ARGUS Intelligence to enhance valuation and performance analysis across its organization [1][3] - ARGUS Intelligence is designed to improve commercial real estate performance by extending the capabilities of ARGUS Enterprise with advanced performance management, analytics, and benchmarking tools [2] Company Overview - Altus Group is a leading provider of commercial real estate intelligence, connecting data, analytics, applications, and expertise to drive optimal CRE performance [5] - The company employs approximately 1,800 experts and aims to shape the future of the industry amidst significant changes [5] Client Profile - Cushman & Wakefield is a prominent global commercial real estate services firm with around 52,000 employees across nearly 400 offices in 60 countries [6] - In 2024, Cushman & Wakefield reported revenue of $9.4 billion from its core service lines, which include Services, Leasing, Capital Markets, and Valuation [6] Strategic Impact - The deployment of ARGUS Intelligence will provide Cushman & Wakefield with greater consistency and transparency in valuation and performance workflows, including access to advanced portfolio-level performance analysis through Portfolio Manager [3][4] - The partnership is part of Cushman & Wakefield's digital transformation strategy, aimed at delivering consistent, data-driven insights and unlocking growth opportunities [4]

Core Insights - Altus Group Limited has renewed its partnership with Jones Lang LaSalle (JLL) to utilize ARGUS Intelligence for valuation needs across its global Capital Markets & Investment Services businesses [1][4] - ARGUS Intelligence is an enhanced version of the ARGUS Enterprise product, providing tools for commercial real estate performance management, analytics, and benchmarking [2] - The expanded agreement includes an asset-based licensing model, allowing JLL to use ARGUS Intelligence in key global markets, with additional exploration of Benchmark Manager and Portfolio Manager capabilities for advanced performance analysis [3] Company Overview - Altus Group connects data, analytics, applications, and expertise to enhance commercial real estate performance, with a global team of approximately 1,800 experts [5]

2025 INVESTOR DAY Built for performance November 20, 2025 Welcome! Camilla Bartosiewicz Chief Communications Officer 2 A formidable foundation For over 20 years, Altus has played a vital role in empowering CRE professionals with the data, analytics, and trusted advice they need to make high-stakes decisions – whether to buy, sell, build, or reinvest in commercial real estate assets. The industry's top leaders rely on our market-leading solutions and expertise to power performance and mitigate risk. CANADA 3 ...

Core Insights - Altus Group Limited reported steady recurring revenue growth and margin expansion in Q2 2025, driven by significant growth in recurring new bookings and the launch of ARGUS Intelligence [2][6][10] - The company executed a share buyback of over $100 million, reflecting confidence in continued growth and profitability [2][5] Financial Performance - Revenue for Q2 2025 was C$131.5 million, a slight decrease of 0.8% compared to Q2 2024 [2] - Recurring revenue increased by 3.7% to C$100.8 million [2] - Profit from continuing operations was C$9.3 million, a significant improvement of 207.4% from a loss of C$8.6 million in Q2 2024 [2] - Adjusted EBITDA rose by 55.7% to C$28.5 million, with an adjusted EBITDA margin of 21.7%, up 790 basis points [2][6] - Free cash flow decreased by 30.5% to C$26.1 million [2] Business Outlook - The company revised its 2025 business outlook, projecting 3-6% total Analytics revenue growth and 5-7% recurring revenue growth for Q3 2025 [6][8] - Adjusted EBITDA margin expansion is expected to be 250-350 basis points [6] - The outlook reflects ongoing interest rate volatility and global trade uncertainty [8] Segment Performance - Analytics segment is expected to see consistency and growth in the number of assets on the Valuation Management Solutions platform [8] - Appraisals and Development Advisory is projected to have flat to low single-digit revenue growth [6][8] - Advisory segment anticipates 2-4% revenue growth [6][8] Cash Flow and Capital Management - Net cash provided by operating activities was C$27.8 million, down 30.3% from Q2 2024 [2] - The company’s funded debt to EBITDA ratio improved to 1.26 from 2.11 [2]

Core Insights - Altus Group Limited announced the winners of the 16th annual ARGUS University Challenge, highlighting its leadership in the commercial real estate (CRE) sector during its 20th year as a public company [1][5] - The competition involved university students applying ARGUS software to complex CRE investment cases, enhancing their skills in financial projections, risk assessment, and investment strategy development [2][4] Group 1: Competition Overview - The ARGUS University Challenge is a global competition aimed at immersing students in CRE investment analysis, where they utilize ARGUS software to model financial scenarios [2][4] - In 2025, over 124 students from 24 universities participated, showcasing their ability to identify investment opportunities using ARGUS Enterprise, now part of ARGUS Intelligence [3][5] Group 2: Evaluation and Skills Development - Teams were tasked with analyzing hypothetical real estate scenarios and presenting comprehensive investment cases, evaluated by industry experts based on their application of valuation modeling and performance forecasting [4][5] - Altus Group emphasizes the importance of quality data and analytics in investment decision-making, with the new ARGUS Intelligence platform designed for data-savvy professionals [5] Group 3: Winners and Recognition - The winners of the 2025 ARGUS University Challenge were: - 1st place: IREBS, University of Regensburg - 2nd place: University of San Diego - 3rd place: NYU Schack Institute of Real Estate - 4th place: London School of Economics and Political Science [5][6] - Altus Group's academic program supports over 200 institutions globally, equipping students with the necessary technical expertise and analytical mindset for a data-driven market [5]