secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001104659-25-015665
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX Q4 revenue $72.5M (-5.4% YoY); US/Canada agent count down 4.8%
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- Net income of $5.8M, diluted EPS $0.29 (vs loss per share of $0.60 a year ago). Adjusted EPS $0.30.
- Adjusted EBITDA $23.3M (+1.6% YoY); margin 32.2% vs 30.0% prior year.
- Total agent count +1.2% to 146,627, but US/Canada combined fell 4.8% to 76,457.
- Q1 2025 outlook: revenue $71M-$76M; Adjusted EBITDA $16M-$18.5M, below current consensus.
- Full-year 2025 guidance: revenue $290M-$310M; Adjusted EBITDA $90M-$100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465925015665/0001104659-25-015665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465925015665/tm257135d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-015665

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