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Real Matters Inc (TSE:REAL)
TSX:REAL
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 28, 2018
|% Change Since: 0.15%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. While Real Matters reported growth in revenue and adjusted EBITDA, driven by market share gains and new client additions, there were challenges in the U.S. Title segment and a slight decrease in Canadian segment profitability. The sentiment is balanced by the company's strategic positioning for future growth and capacity to handle increased volumes.Company Guidance
During the Real Matters Q4 2024 earnings call, the company provided detailed guidance on several key financial metrics. They reported consolidated revenues of $172.7 million for fiscal 2024, marking a 5% increase year-over-year, with net revenue up 8% to $46.4 million. The U.S. Appraisal segment showed an 8% revenue increase to $130.7 million, while the U.S. Title segment faced a decline to $8.6 million, despite a 9% rise in refinance origination revenues. In Canada, revenues remained flat, with net revenue margins notably strong at 18.9%. Real Matters demonstrated robust operating leverage, with a consolidated adjusted EBITDA of $1.9 million, up from a loss of $2.4 million in the prior year. The company remains optimistic about growth prospects, particularly in the U.S. mortgage origination market, with an emphasis on scaling operations and enhancing market share.Consolidated Revenue Growth
Real Matters reported consolidated revenues of $172.7 million for fiscal 2024, up 5% year-over-year, driven by market share increases and new client launches across all segments.
Positive Adjusted EBITDA
The company achieved a positive adjusted EBITDA of $1.9 million in fiscal 2024, compared to a loss of $2.4 million in fiscal 2023.
U.S. Appraisal Segment Performance
U.S. Appraisal revenue increased 8% to $130.7 million, with net revenue margins improving by 20 basis points to 27.6%, and adjusted EBITDA up 18% to $16.7 million.
Market Share Gains
Real Matters added 16 new clients and increased market share with existing clients across all segments, including Tier 1 clients in the U.S. Title segment.
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TSE:REAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:REAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 21, 2024 | C$6.74 | C$6.37 | -5.49% |
| Aug 01, 2024 | C$7.62 | C$7.35 | -3.54% |
| May 07, 2024 | C$4.95 | C$5.46 | +10.30% |
| Feb 01, 2024 | C$6.99 | C$6.50 | -7.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Real Matters Inc (TSE:REAL) report earnings?
Real Matters Inc (TSE:REAL) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Real Matters Inc (TSE:REAL) earnings time?
Real Matters Inc (TSE:REAL) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:REAL EPS forecast?
TSE:REAL EPS forecast for the fiscal quarter 2025 (Q1) is -0.02.
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