Bridgemarq Real Estate Services (BRE) AI Stock Analysis

• Market Cap: C$123.95M
• Dividend Yield: 10.31%
• Average Volume (3M): 11.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: 58.15%
• EPS Growth: -235.04%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.06
• Shares Outstanding: 9,483,850
• 10 Day Avg. Volume: 18,434
• 30 Day Avg. Volume: 11,695
• PEG Ratio: 0.07
• Price to Book (P/B): -1.78
• Price to Sales (P/S): 0.41
• P/FCF Ratio: 9.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: C$13.00 ▼(-0.76% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues and high leverage. Technical analysis shows a neutral trend, while the valuation is mixed due to a negative P/E ratio but a high dividend yield. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Franchise Model

The franchise model provides a scalable revenue stream, allowing BRE to benefit from the sales performance of its network without direct operational costs.

Comprehensive Service Offering

A comprehensive suite of services enhances the value proposition for affiliates, potentially increasing retention and attracting new brokerages.

Partnership Opportunities

Partnerships can enhance revenue through referral fees and collaborative marketing, diversifying income sources and strengthening market position.

Negative Factors

Declining Revenue Growth

Significant decline in revenue growth indicates challenges in maintaining market share and operational effectiveness, impacting long-term viability.

High Leverage

High leverage and negative equity suggest financial instability, limiting the company's ability to invest in growth and weather economic downturns.

Negative Profitability

Sustained losses can erode financial health, reducing the company's ability to reinvest in its business and impacting long-term sustainability.

Bridgemarq Real Estate Services Business Overview & Revenue Model

Company Description

Bridgemarq Real Estate Services (BRE) is a leading provider of real estate services in Canada, specializing in residential real estate brokerage and related services. The company operates through a network of independent real estate brokerages and offers a comprehensive suite of services including marketing, technology solutions, training, and support to real estate professionals. BRE focuses on enhancing the operational efficiency of its affiliates and empowering them to succeed in a competitive market.

How the Company Makes Money

Bridgemarq Real Estate Services generates revenue primarily through a franchise model, where it earns fees from its affiliated brokerages based on their sales performance and franchise agreements. Key revenue streams include commission splits from real estate transactions, franchise fees, and technology service fees charged to brokers for utilizing BRE's proprietary tools and platforms. Additionally, BRE may engage in partnerships with financial institutions and service providers, further enhancing its revenue through referral fees and collaborative marketing initiatives, contributing to overall earnings.

Bridgemarq Real Estate Services Financial Statement Overview

Summary

Bridgemarq Real Estate Services faces financial challenges with declining revenues and profitability, coupled with a weak balance sheet characterized by negative equity. While cash flow generation remains relatively stable, the company's financial health is under pressure, requiring strategic improvements to enhance stability and growth.

Income Statement

The income statement shows a significant decline in revenue growth with a negative trend in net profit margins, indicating challenges in maintaining profitability. The gross profit margin has decreased over time, and the net income has turned negative in the TTM period, reflecting operational difficulties.

Balance Sheet

The balance sheet reveals a concerning negative stockholders' equity, leading to a high and negative debt-to-equity ratio. This indicates financial instability and potential solvency issues. The return on equity is positive in the TTM but remains low, suggesting limited returns for shareholders.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth, but the company maintains a positive operating cash flow. The free cash flow to net income ratio is strong, indicating efficient cash generation relative to net income, despite the negative net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	410.38M	350.67M	48.45M	49.87M	50.20M	40.34M
Gross Profit	75.60M	65.87M	47.42M	48.66M	49.17M	39.62M
EBITDA	19.32M	18.52M	23.11M	27.67M	28.36M	23.33M
Net Income	-9.28M	-10.32M	4.00M	20.97M	4.76M	767.00K
Balance Sheet
Total Assets	156.89M	157.44M	64.89M	72.63M	78.60M	88.96M
Cash, Cash Equivalents and Short-Term Investments	9.55M	9.09M	5.74M	6.42M	6.22M	9.16M
Total Debt	97.36M	87.16M	67.02M	66.96M	68.42M	73.38M
Total Liabilities	247.88M	237.69M	122.01M	120.94M	135.08M	137.40M
Stockholders Equity	-90.99M	-80.25M	-57.12M	-48.31M	-56.48M	-48.44M
Cash Flow
Free Cash Flow	3.82M	15.57M	12.79M	15.08M	15.14M	18.68M
Operating Cash Flow	7.67M	17.10M	13.67M	15.10M	15.14M	19.87M
Investing Cash Flow	-4.23M	2.48M	-1.48M	-598.00K	-275.00K	-3.11M
Financing Cash Flow	-6.03M	-16.24M	-12.87M	-14.30M	-17.80M	-12.80M

Bridgemarq Real Estate Services Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 13.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BRE, the sentiment is Neutral. The current price of 13.1 is above the 20-day moving average (MA) of 12.92, below the 50-day MA of 13.10, and below the 200-day MA of 13.74, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.45 is Neutral, neither overbought nor oversold. The STOCH value of 77.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
MEQ	70 Outperform	C$1.70B	5.93	17.29%	0.09%	10.61%	43.64%
AIF	69 Neutral	C$2.38B	-41.37	3.63%	1.09%	-27.10%	-2415.77%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CIGI	63 Neutral	$10.07B	62.21	8.68%	0.21%	22.85%	-25.32%
FSV	61 Neutral	C$9.69B	50.53	11.14%	0.69%	14.10%	28.82%
BRE	46 Neutral	C$123.95M	-11.53	―	10.31%	58.15%	-235.04%
SVI	43 Neutral	C$1.72B	-500.00	-2.63%	0.25%	9.98%	93.01%

Bridgemarq Real Estate Services Corporate Events

Bridgemarq Real Estate Services Reports Q3 Results and Declares Dividend Amid Market Challenges

Bridgemarq Real Estate Services reported its third-quarter financial results, highlighting a revenue of $122.9 million and a net loss of $1.7 million. Despite a decrease in adjusted net earnings and free cash flow compared to the previous year, the company continues to expand its network of real estate professionals. The announcement also included a monthly dividend declaration, reflecting the company’s commitment to shareholder returns. The Canadian real estate market showed mixed performance, with growth in sales volumes but caution among buyers due to economic uncertainties. The Bank of Canada’s recent interest rate cut aims to address economic weaknesses, impacting the real estate market dynamics.

Bridgemarq Real Estate Services to Discuss Q3 Financial Results in Upcoming Conference Call

Bridgemarq Real Estate Services announced it will host a conference call on November 14, 2025, to discuss its third-quarter financial results. This event is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.

Bridgemarq Declares Dividend and Secures Financial Support Amid Market Challenges

Bridgemarq Real Estate Services announced a cash dividend of $0.1125 per restricted voting share, payable on November 28, 2025. The company has secured support from its largest shareholder, Brookfield Business Partners, to enhance financial flexibility amid a challenging economic environment. This includes deferring payments on exchangeable units and establishing a credit facility to support liquidity. The measures aim to safeguard the company during low activity levels in the Canadian real estate market and enable continued investment in growth and margin enhancement strategies.

Bridgemarq Declares Cash Dividend for Shareholders

Bridgemarq Real Estate Services announced a cash dividend of $0.1125 per restricted voting share, payable on October 31, 2025, to shareholders of record as of September 30, 2025. This decision reflects the company’s ongoing commitment to providing value to its shareholders and may impact its financial positioning and stakeholder relations positively.