Bridgemarq Real Estate Services (BRE) AI Stock Analysis

• Market Cap: $144.63M
• Dividend Yield: 9.1%
• Average Volume (3M): 8.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: 184.78%
• EPS Growth: -222.63%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.14
• Shares Outstanding: 9,483,850
• 10 Day Avg. Volume: 8,890
• 30 Day Avg. Volume: 8,151
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.46
• Enterprise Value/Revenue: 0.86
• Enterprise Value/Gross Profit: 4.58
• Enterprise Value/Ebitda: 31.78
• 1Y Price Target: $14.95
• Price Target Upside: -2.28% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: C$15.00 ▼(-1.96% Downside)

Bridgemarq Real Estate Services' overall stock score is primarily impacted by its financial performance challenges, including declining revenues and profitability, and a weak balance sheet. While the high dividend yield is attractive, its sustainability is in question. Technical indicators and earnings call insights provide a mixed outlook, with some positive developments but significant financial and market challenges.

Bridgemarq Real Estate Services Business Overview & Revenue Model

Company Description

Bridgemarq Real Estate Services Inc. provides various services to residential real estate brokers and REALTORS in Canada. It offers information, tools, and services that assist its customers in the delivery of real estate sales services. The company provides its services under the Royal LePage, Via Capitale, and Johnston & Daniel brand names. As of December 31, 2021, its franchise network consisted of 20,159 REALTORS operating under 281 franchise agreements in 723 locations. The company was formerly known as Brookfield Real Estate Services Inc. and changed its name to Bridgemarq Real Estate Services Inc. in May 2019. Bridgemarq Real Estate Services Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.

How the Company Makes Money

Bridgemarq Real Estate Services generates revenue primarily through commission-based earnings from real estate transactions facilitated by its network of agents and franchisees. Each time a property is bought or sold, BRE receives a percentage of the commission from the transaction, which is shared between the company and the individual agents involved. Additionally, BRE may charge franchise fees to its franchisees, which can include initial setup fees and ongoing royalties based on sales performance. The company also benefits from ancillary services such as training and support programs for agents, which can provide additional revenue streams. Strategic partnerships with mortgage lenders, insurance companies, and technology providers further enhance BRE's offerings and can contribute to its overall earnings through referral fees or joint marketing ventures.

Bridgemarq Real Estate Services Financial Statement Overview

Summary

Bridgemarq Real Estate Services shows strong revenue growth but struggles with profitability, as indicated by negative net income and low margins. The balance sheet reveals financial constraints with negative equity and high debt levels. Cash flow generation is a bright spot, with positive free cash flow providing some operational stability, but the overall financial health is challenged by significant liabilities and ongoing net losses.

Income Statement

The company's revenue shows a positive growth trend with a significant increase in the TTM period compared to the previous annual period. However, the net profit margin is negative, indicating persistent net losses. Gross profit margin is stable, but the EBIT and EBITDA margins are relatively low, suggesting limited operational efficiency and profitability.

Balance Sheet

The company has a negative stockholders' equity, which is concerning as it indicates more liabilities than assets. The debt-to-equity ratio is not applicable due to negative equity, but high total debt compared to assets suggests potential financial instability. Lack of equity limits financial flexibility and increases risk exposure.

Cash Flow

Free cash flow is positive and growing, which is a strength and indicates good cash generation capability. However, the operating cash flow to net income ratio is high due to negative net income, which may not be sustainable in the long term. Positive free cash flow is a reassuring aspect amidst profitability challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	414.29M	350.67M	48.45M	49.87M	50.20M	40.34M
Gross Profit	77.65M	65.87M	47.42M	48.66M	49.17M	39.62M
EBITDA	11.19M	18.52M	23.11M	27.67M	28.36M	23.33M
Net Income	-18.34M	-10.32M	4.00M	20.97M	4.76M	767.00K
Balance Sheet
Total Assets	176.71M	157.44M	64.89M	72.63M	78.60M	88.96M
Cash, Cash Equivalents and Short-Term Investments	11.41M	9.09M	5.74M	6.42M	6.22M	9.16M
Total Debt	93.01M	87.16M	67.02M	66.96M	68.42M	73.38M
Total Liabilities	262.76M	237.69M	122.01M	120.94M	135.08M	137.40M
Stockholders Equity	-86.06M	-80.25M	-57.12M	-48.31M	-56.48M	-48.44M
Cash Flow
Free Cash Flow	7.92M	15.57M	12.79M	15.08M	15.14M	18.68M
Operating Cash Flow	9.07M	17.10M	13.67M	15.10M	15.14M	19.87M
Investing Cash Flow	-1.53M	2.48M	-1.48M	-598.00K	-275.00K	-3.11M
Financing Cash Flow	-10.21M	-16.24M	-12.87M	-14.30M	-17.80M	-12.80M

Bridgemarq Real Estate Services Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BRE, the sentiment is Positive. The current price of 15.3 is above the 20-day moving average (MA) of 15.08, above the 50-day MA of 15.01, and above the 200-day MA of 14.04, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 88.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BRE.

Bridgemarq Real Estate Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSV	76 Outperform	12.09B	61.71	11.40%	0.55%	20.02%	78.29%
MEQ	75 Outperform	1.74B	5.66	17.98%	0.08%	14.29%	144.57%
CIGI	68 Neutral	11.16B	72.11	8.09%	0.19%	20.00%	-23.17%
AIF	68 Neutral	2.52B	-43.56	48.71%	1.03%	-33.01%	-2201.72%
SVI	58 Neutral	1.82B	-59.12	-32.46%	0.24%	7.94%	-12.23%
BRE	49 Neutral	$144.63M	―	4.67%	9.10%	184.78%	-222.63%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Bridgemarq Real Estate Services Corporate Events

Bridgemarq Reports Q2 Results Amid Market Challenges

Bridgemarq Real Estate Services reported a decrease in revenue and net earnings for the second quarter of 2025, with revenue at $108 million and a net loss of $5.4 million. Despite these challenges, the company declared a monthly dividend and highlighted its ability to attract top-performing professionals and provide advanced tools for productivity and client service. The Canadian residential real estate market saw a contraction, with economic uncertainty affecting consumer confidence, although signs of improved sentiment were noted by the end of the quarter.

The most recent analyst rating on (TSE:BRE) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Bridgemarq Real Estate Services stock, see the TSE:BRE Stock Forecast page.

Bridgemarq to Discuss Q2 Financial Results in Upcoming Conference Call

Bridgemarq Real Estate Services announced it will host a conference call on August 14, 2025, to discuss its second quarter financial results. This announcement is part of the company’s ongoing efforts to maintain transparency and engage with stakeholders, reflecting its commitment to providing insights into its financial performance and strategic direction.

The most recent analyst rating on (TSE:BRE) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Bridgemarq Real Estate Services stock, see the TSE:BRE Stock Forecast page.

Bridgemarq Real Estate Services Declares Cash Dividend

Bridgemarq Real Estate Services announced a cash dividend of $0.1125 per restricted voting share, payable on August 29, 2025, to shareholders of record on July 31, 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and could influence its market positioning by demonstrating financial stability and shareholder returns.

The most recent analyst rating on (TSE:BRE) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Bridgemarq Real Estate Services stock, see the TSE:BRE Stock Forecast page.

Bridgemarq Real Estate Services Declares Cash Dividend

Bridgemarq Real Estate Services Inc. has declared a cash dividend of $0.1125 per restricted voting share, payable on July 31, 2025, to shareholders recorded by June 30, 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and could enhance its attractiveness to investors in the real estate services sector.

The most recent analyst rating on (TSE:BRE) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Bridgemarq Real Estate Services stock, see the TSE:BRE Stock Forecast page.

Bridgemarq Real Estate Services Appoints New CFO

Bridgemarq Real Estate Services Inc. has announced the appointment of Wallace Wang as the new Chief Financial Officer, effective July 1, 2025. Wang, who brings experience from Brookfield Asset Management, will succeed Glen McMillan, who is assisting with the transition. CEO Spencer Enright expressed confidence in Wang’s ability to continue the company’s strong financial operations and support its long-term growth initiatives.

The most recent analyst rating on (TSE:BRE) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Bridgemarq Real Estate Services stock, see the TSE:BRE Stock Forecast page.