RE/MAX(US:RMAX)2022-08-05 17:04Financial Performance - RE/MAX Holdings' revenue for Q2 2022 was $92.2 million, a 19.3% increase compared to $77.2 million in Q2 2021[5, 25] - Adjusted EBITDA for Q2 2022 was $35.1 million, up 14.4% from the previous year, with an Adjusted EBITDA Margin of 38.1%[5] - Adjusted Diluted EPS for Q2 2022 increased by 6.3% to $0.68[5] - Total revenue growth of 19.3% included organic revenue growth of 1.7%[23, 25] - Recurring revenue streams accounted for 62.3% of revenue (excluding the Marketing Funds) in Q2 2022, compared to 60.5% in the prior-year period[26] Agent Network Growth - Total agent count grew by 3,738 agents, a 2.7% year-over-year increase, reaching a record 143,939 agents[5, 16] - Agent count outside the U S and Canada increased by 6.5%, representing an addition of 3,553 agents[16] - Agent count in Canada increased by 7.8%, representing an addition of 1,788 agents[17] - Agent count in the U S decreased by 2.6%, representing a loss of 1,603 agents[19] Housing Market Trends - Median Sales Price in June 2022 was $428,000, an 11.0% year-over-year increase[9]