RE/MAX Q1 revenue $91M (+25.9% YoY), Adj EBITDA $27.9M (+20.5%); guides Q2 rev $91-94M

RE/MAX Holdings, Inc.

Revenue $91.0M (+25.9% YoY); organic growth 10.5%; Net income $1.5M, GAAP EPS $0.08
Adjusted EBITDA $27.9M (+20.5%); margin 30.7%; Adjusted EPS $0.51
Agent count 142,405 (+1.6% YoY); U.S. -2.5%, Canada +8.6%; Motto franchises 191 (+27.3%)
Quarterly dividend $0.23/share, payable May 25, record May 11
Q2 guidance: revenue $91-94M, Adj EBITDA $32.5-35M; FY22: rev $366-376M, Adj EBITDA $130-135M

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