RE/MAX(RMAX) - 2024 Q3 - Earnings Call Presentation

Q3 2024 Financial Performance - Total revenue was $78.5 million, a decrease of 3.4% compared to Q3 2023's $81.2 million[3, 5, 6] - Adjusted EBITDA was $27.3 million, up 2.0% compared to Q3 2023[3, 17, 19] - Adjusted EBITDA margin was 34.8%, an increase from 32.9% in Q3 2023[3, 17, 19] - Adjusted diluted EPS was $0.38[3] Agent Count - Total agent count increased by 174 agents, or 0.1%, year-over-year to 145,483 agents[3, 15, 16, 17] - Agent count in the U S and Canada combined decreased 4.4% to 78,201 agents[3, 16] - Record agent count Outside U S and Canada of 67,282 agents[3, 16, 17] Expenses - Selling, operating, and administrative expenses decreased by $7.2 million, or 16.6%, to $35.9 million compared to Q3 2023's $43.1 million[8, 9] Q4 2024 and Full Year 2024 Outlook - The company expects agent count to change 0.0% to 1.0% over fourth quarter 2023[10] - The company expects revenue in a range of $306.0 million to $311.0 million for the full year 2024[10] - The company expects Adjusted EBITDA in a range of $95.0 million to $98.0 million for the full year 2024[10]

RE/MAX(RMAX) - 2024 Q3 - Earnings Call Presentation - Reportify