secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001104659-25-043523
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX Q1 2025: Revenue down 4.9% to $74.5M, Adjusted EBITDA up 1.5% to $19.3M
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- Net loss $2.0M ($0.10 diluted GAAP EPS); Adjusted EPS $0.24 vs $0.20 prior year.
- Revenue $74.5M (-4.9% YoY); Revenue ex-Marketing Funds $55.6M (-4.3%).
- Total agent count +2.0% to 146,126; U.S./Canada agent count -5.0% to 75,010.
- Q2 2025 outlook: revenue $70-75M, Adj. EBITDA $22.5-$25.5M. FY 2025: $290-310M, Adj. EBITDA $90-100M.
- No share repurchases in Q1; $62.5M remains under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465925043523/0001104659-25-043523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465925043523/tm2513784d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-043523

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