secwatch.observer — SEC 8-K summary
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Issuer:     RMR GROUP INC. (RMR)
CIK:        0001644378
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001644378-21-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RMR Q3 FY2021 adjusted EPS $0.47, up 24% YoY; revenue $45.5M (+16%)
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- GAAP net income $19.0M, diluted EPS $0.50; adjusted net income $7.8M, adjusted EPS $0.47.
- Management & advisory revenues $45.5M, up 16% YoY, driven by managed equity REITs and operating companies.
- Adjusted EBITDA $24.4M (+25% YoY); Adjusted EBITDA margin 51.1%, up 300 bps sequentially.
- AUM $32.4B, cash $397.8M with no debt; CEO notes potential for incentive fees and capital returns.
- Office Properties Income Trust incentive fee potential increased to $22.2M based on total return out-performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1644378/000164437821000032/0001644378-21-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1644378/000164437821000032/rmr-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001644378-21-000032

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