RE/MAX Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	107.48	96.62	82.62	108.66	126.27	101.36
Cash & Short-Term Investments	107.48	96.62	82.62	108.66	126.27	101.36
Cash Growth	28.29%	16.94%	-23.96%	-13.94%	24.58%	22.11%
Accounts Receivable	31.65	27.81	33.43	32.52	34.61	29.99
Other Receivables	7.66	7.59	1.71	2.14	1.75	1.22
Receivables	39.31	35.4	35.13	34.66	36.37	31.21
Restricted Cash	76.24	72.67	43.14	29.47	32.13	19.87
Other Current Assets	12.29	13.83	15.67	20.18	16.01	13.94
Total Current Assets	235.32	218.51	176.57	192.96	210.77	166.37
Property, Plant & Equipment	20.31	25.36	31.65	35.62	49.21	46.75
Goodwill	238.69	237.24	241.16	258.63	269.12	165.36
Other Intangible Assets	81.23	94.57	120.69	145.94	176.36	99.77
Long-Term Deferred Tax Assets	-	-	-	51.44	51.31	50.7
Other Long-Term Assets	6.65	5.92	7.08	10.65	19.36	17.42
Total Assets	582.2	581.59	577.15	695.23	776.13	546.37
Accounts Payable	3.89	5.76	4.7	6.17	5.19	2.11
Accrued Expenses	40.54	110.86	107.43	70.75	96.77	68.57
Current Portion of Long-Term Debt	4.6	4.6	4.6	4.6	4.6	2.43
Current Portion of Leases	9.07	8.56	7.92	7.07	6.33	5.69
Current Income Taxes Payable	0.18	0.54	0.77	1.66	2.55	9.58
Current Unearned Revenue	22.74	22.85	23.08	27.78	27.18	25.28
Other Current Liabilities	61.74	1.54	0.82	1.64	3.61	3.59
Total Current Liabilities	142.75	154.7	149.32	119.67	146.22	117.25
Long-Term Debt	433.29	436.24	439.98	443.72	447.46	221.14
Long-Term Leases	15.86	22.67	31.48	37.99	45.95	50.28
Long-Term Unearned Revenue	13.19	14.78	17.61	18.29	18.93	19.86
Long-Term Deferred Tax Liabilities	8.92	8.45	10.8	13.11	14.7	0.49
Other Long-Term Liabilities	3.05	3.15	4.03	30.76	33.81	35.7
Total Liabilities	617.05	639.99	653.21	663.53	707.07	444.71
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	576.21	565.07	550.64	535.57	515.44	491.42
Retained Earnings	-127.35	-133.73	-140.22	-54	-7.82	25.63
Comprehensive Income & Other	-0.73	-1.86	0.64	-0.4	0.65	0.61
Total Common Equity	448.13	429.48	411.06	481.17	508.27	517.66
Minority Interest	-482.98	-487.88	-487.12	-449.47	-439.21	-416.01
Shareholders' Equity	-34.85	-58.39	-76.06	31.7	69.07	101.66
Total Liabilities & Equity	582.2	581.59	577.15	695.23	776.13	546.37
Total Debt	462.81	472.07	483.98	493.38	504.34	279.53
Net Cash (Debt)	-355.33	-375.45	-401.36	-384.71	-378.07	-178.18
Net Cash Per Share	-17.60	-19.46	-22.16	-20.41	-20.23	-9.72
Filing Date Shares Outstanding	20.06	18.98	18.28	17.82	18.9	18.58
Total Common Shares Outstanding	20.05	18.97	18.27	17.87	18.81	18.39
Working Capital	92.57	63.81	27.25	73.29	64.56	49.13
Book Value Per Share	22.35	22.64	22.50	26.92	27.03	28.15
Tangible Book Value	128.21	97.68	49.2	76.61	62.8	252.54
Tangible Book Value Per Share	6.39	5.15	2.69	4.29	3.34	13.73
Machinery	-	13.26	13.36	12.4	16.12	17.9
Leasehold Improvements	-	9.84	8.4	8.34	5.99	4.71

Source: S&P Global Market Intelligence. Standard template. Financial Sources.