{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-026532","form_type":"8-K","ticker":"RMAX","cik":"0001581091","company_name":"RE/MAX Holdings, Inc.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.695041+00:00","generated_at":"2026-06-05T19:21:42.658074+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"RE/MAX Q4 loss widens to $10.9M; Amy Lessinger promoted to President after Bailey exit","bullets":["Q4 revenue $76.6M (-5.7% YoY); net loss $10.9M ($0.60 diluted loss); adjusted EBITDA $23.0M (-13.4%).","Q4 adjusted EPS $0.30 vs $0.41 YoY; full-year net loss $69.0M ($3.81 diluted loss per share).","U.S./Canada agent count down 4.2% to 80,299; total agent count up 0.6% to 144,835.","Amy Lessinger named President of RE/MAX LLC (base salary $355K), replacing Nick Bailey who leaves; Abby Lee and Susie Winders also promoted.","Q1 2024 guidance: revenue $75-80M, adjusted EBITDA $16.5-19.5M; FY 2024 revenue $300-320M, EBITDA $90-100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-026532","json":"https://secwatch.observer/filing/0001104659-24-026532.json","markdown":"https://secwatch.observer/filing/0001104659-24-026532.md","text":"https://secwatch.observer/filing/0001104659-24-026532.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/0001104659-24-026532-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/tm246964d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T19:21:42.658074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10446bd317b855fc274f1f64f0eee57b4e1233ba","claim":"RE/MAX Holdings, Inc. reported the full year ended December 31, 2023 results: revenue $325.7 million, net income Net loss attributable to RE/MAX Holdings, Inc. of $69.0 million, EPS loss per diluted share (GAAP EPS) of $3.81.","evidence_excerpt":"open Motto Mortgage franchises increased 6.5% to 246 offices 4 Full-Year 2023 Highlights (Compared to full year 2022 unless otherwise noted) § Total Revenue decreased 7.8% to $325.7 million § Revenue excluding the Marketing Funds 1 decreased 8.1% to $241.8 million, driven by negative 7.4% organic growth 2 and adverse foreign currency movements of 0.7% § Net loss","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/0001104659-24-026532-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$325.7 million"},{"label":"Net income","value":"Net loss attributable to RE/MAX Holdings, Inc. of $69.0 million"},{"label":"EPS","value":"loss per diluted share (GAAP EPS) of $3.81"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fd39e2b404a4481a2210e33b695e64c352d0db8e","claim":"RE/MAX Holdings, Inc. reported the quarter ended December 31, 2023 results: revenue $76.6 million, net income Net loss attributable to RE/MAX Holdings, Inc. of $10.9 million, EPS loss per diluted share (GAAP EPS) of $0.60.","evidence_excerpt":"EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 tm246964d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 RE/MAX HOLDINGS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Total Revenue of $76.6 Million, Adjusted EBITDA of $23.0 Million DENVER, February 22, 2024 Fourth Quarter 2023 Highlights (Compared to fourth quarter 2022 unless otherwise noted) § Total Revenue decreased 5.7%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/0001104659-24-026532-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Revenue","value":"$76.6 million"},{"label":"Net income","value":"Net loss attributable to RE/MAX Holdings, Inc. of $10.9 million"},{"label":"EPS","value":"loss per diluted share (GAAP EPS) of $0.60"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"20fd936f6c","claim":"Nick Bailey departed as President and CEO of RE/MAX at RE/MAX Holdings, Inc..","evidence_excerpt":"Ms. Lessinger succeeds Nick Bailey, President and CEO of RE/MAX, who is leaving RE/MAX and the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/0001104659-24-026532-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"leaving"},{"label":"Role","value":"President and CEO of RE/MAX"}],"fact_type":"executive_change"},{"claim_id":"ea624f8913","claim":"Amy Lessinger changed role as President of RE/MAX, LLC at RE/MAX Holdings, Inc..","evidence_excerpt":"On February 22, 2024, Amy Lessinger was promoted to President of RE/MAX, LLC, a subsidiary of the Company (“RE/MAX”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/0001104659-24-026532-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President of RE/MAX, LLC"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}