secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001104659-24-026532
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX Q4 loss widens to $10.9M; Amy Lessinger promoted to President after Bailey exit
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/0001104659-24-026532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465924026532/tm246964d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-026532

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer