Real Matters Inc

Real Matters Inc

REAL · TO · Real Estate / Real Estate Services

3.32CAD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close3.32
Open3.30
Day Range3.30 – 3.40
52-Week Range3.25 – 7.75
Volume6.25K
Market Cap248.13M
P/E (TTM)0.00
Forward P/E25.00
EPS-0.37
Dividend Yield0.00%
Beta1.32
50-Day Avg4.40
200-Day Avg5.48

About

Real Matters Inc. provides residential real estate appraisal and title services in Canada and the United States. It operates in three segments: U.S. Appraisal, U.S. Title, and Canada. The company offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand. It also provides services required to close a mortgage transaction, including title search, curative, closing and escrow services, and title policy issuance; and hosted software solutions through subscription to other title insurance agencies and mortgage lenders. The company was formerly known as Solidifi Inc. and changed its name to Real Matters Inc. in July 2010. Real Matters Inc. was incorporated in 2004 and is headquartered in Markham, Canada.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Brian Lang
  • Employees0
  • Headquarters50 Minthorn Boulevard, Markham, ON, Canada, L3T 7X8, Canada
  • Websitehttps://www.realmatters.com

Leadership

  • Mr. Brian LangCEO & Director · b. 1969
  • Mr. Rodrigo Pinto CAExecutive VP & CFO
  • Mr. Loren CookeChief Operating Officer
  • Mr. Ryan SmithExecutive VP & CTO
  • Mr. Jay GreenspoonGeneral Counsel & Corporate Secretary
  • Ms. Lyne BeauregardVice President of Investor Relations & Corporate Communications
  • Ms. Colleen McCaffertyChief Compliance Officer of Solidifi U.S.

Financials

Income Statement

Currency: USD2014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue114.59M170.50M248.55M302.98M281.45M322.54M455.94M504.11M339.64M163.91M172.72M169.75M
Growth (%)-+48.79%+45.78%+21.90%-7.10%+14.60%+41.36%+10.56%-32.63%-51.74%+5.37%-1.72%
Cost of Revenue106.84M156.84M221.75M275.42M257.73M276.22M366.33M425.61M316.98M120.90M126.36M125.09M
Gross Profit7.75M13.66M26.79M27.55M23.73M46.31M89.62M78.50M22.66M43.02M46.36M44.66M
Gross Margin6.76%8.01%10.78%9.09%8.43%14.36%19.66%15.57%6.67%26.24%26.84%26.31%
Operating Expense8.47M12.95M30.98M42.91M39.43M28.43M23.72M26.64M21.28M46.75M50.42M52.59M
Operating Income-722.00K706.00K-4.18M-15.36M-15.70M17.88M65.89M51.86M1.38M-3.74M-4.06M-7.93M
Operating Margin-0.63%0.41%-1.68%-5.07%-5.58%5.54%14.45%10.29%0.41%-2.28%-2.35%-4.67%
EBITDA1.75M5.29M7.72M-10.04M5.29M27.16M70.35M51.56M5.91M-4.99M2.70M-1.72M
EBITDA Margin1.53%3.10%3.11%-3.31%1.88%8.42%15.43%10.23%1.74%-3.04%1.56%-1.01%
Net Income-910.00K-5.10M-6.28M-24.01M-4.57M8.96M41.99M32.99M-9.27M-6.17M18.00K-22.66M
Net Income Margin-0.79%-2.99%-2.53%-7.93%-1.62%2.78%9.21%6.54%-2.73%-3.77%0.01%-13.35%
R&D---1.91M1.73M677.00K------
R&D as % of Total Revenue---0.63%0.61%0.21%------
Interest Expense588.00K493.00K687.00K889.00K410.00K96.00K407.00K394.00K264.00K206.00K346.00K311.00K
Interest Expense % of Total Revenue0.51%0.29%0.28%0.29%0.15%0.03%0.09%0.08%0.08%0.13%0.20%0.18%

Balance Sheet

Currency: USD2014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets-78.75M190.86M226.56M198.86M203.08M249.72M194.34M137.00M128.74M134.28M111.56M
Total Liabilities-30.27M83.33M37.52M17.08M28.92M37.51M34.79M22.00M17.16M18.58M20.70M
Total Equity-48.49M105.45M185.59M177.84M170.18M209.00M159.44M114.89M111.58M115.70M90.87M
Cash-21.94M26.69M71.63M68.05M71.68M129.16M60.21M46.14M42.34M49.14M40.19M
Total Debt-9.77M16.78M542.00K183.00K10.00K7.90M8.04M5.86M4.10M2.82M1.73M
Net Debt--12.16M-9.90M-71.09M-67.86M-71.67M-121.25M-52.17M-40.28M-38.24M-46.32M-38.46M

Cash Flow

Currency: USD2014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-2.16M7.38M4.19M-8.52M10.37M25.64M74.69M25.02M17.57M-2.56M5.45M-7.18M
Investing Cash Flow-1.91M-29.82M-48.09M-1.23M-13.00K-1.93M-1.83M-2.88M-1.08M-799.00K-169.00K-686.00K
Financing Cash Flow18.31M31.91M48.83M51.23M-12.11M-18.96M-15.20M-94.05M-30.42M-445.00K1.42M-479.00K
Capital Expenditure1.91M2.40M1.48M1.81M423.00K2.06M1.83M3.02M1.18M1.03M781.00K1.03M
Free Cash Flow-4.08M4.98M2.72M-10.33M9.95M23.58M72.86M22.00M16.39M-3.59M4.67M-8.21M
FCF to OCF188.31%67.49%64.81%121.20%95.92%91.95%97.55%87.91%93.31%140.17%85.67%114.34%

Earnings

Report DateMay 15, 2017Aug 11, 2017Nov 28, 2017Jan 30, 2018May 8, 2018Aug 8, 2018Nov 28, 2018Jan 31, 2019May 2, 2019Jul 31, 2019Nov 21, 2019Jan 30, 2020May 6, 2020Jul 30, 2020Nov 20, 2020Jan 28, 2021Apr 28, 2021Jul 28, 2021Nov 17, 2021Jan 28, 2022Apr 28, 2022Jul 28, 2022Nov 16, 2022Jan 27, 2023Apr 28, 2023Jul 28, 2023Nov 17, 2023Feb 1, 2024May 7, 2024Aug 1, 2024Nov 15, 2024Jan 30, 2025Apr 28, 2025Jul 31, 2025Nov 20, 2025Jan 29, 2026May 1, 2026Jul 30, 2026Nov 19, 2026
EPS Estimate-0.010.010.010.010.02-0.010.010.010.050.070.090.080.130.190.150.100.130.080.060.030.01-0.02-0.04-0.04-0.010.00-0.02-0.020.020.04-0.01-0.020.010.03-0.00-0.010.020.01
EPS Actual-0.070.020.010.010.020.030.020.020.010.100.110.100.130.150.180.140.150.090.090.040.02-0.03-0.18-0.03-0.030.010.01-0.020.020.020.010.03-0.02-0.01-0.02-0.010.010.01-
Surprise-100.00%0.00%0.00%100.00%50.00%300.00%100.00%0.00%100.00%57.14%11.11%62.50%15.38%-5.26%-6.67%50.00%-30.77%12.50%-33.33%-33.33%-400.00%-796.00%25.00%25.00%200.00%400.00%0.00%200.00%0.00%-75.00%400.00%0.00%-200.00%-166.67%-300.00%200.00%-50.00%-
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Key Statistics & Ratios

Market Cap248.13M
Enterprise Value202.56M
Trailing P/E0.00
Forward P/E25.00
Price / Sales1.30
Price / Book2.08
EPS-0.37
Book Value1.69
Revenue (TTM)191.25M
Gross Profit (TTM)52.05M
EBITDA-198.00K
Profit Margin-10.02%
Operating Margin0.04%
Return on Equity-19.30%
Return on Assets-1.56%
Shares Outstanding74.29M
Shares Float70.36M
Beta1.32
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%