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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

SEGMENT INFORMATION

Schedule of segment's financial information

The following table provides information about the Company’s reportable segments and a reconciliation of the total segment Revenues to consolidated Revenues and Adjusted Segment EBITDA to the consolidated operating profit (in thousands). Financial information for the comparable prior periods presented have been revised to conform with the current year presentation.

​

​	​	​	​	​	​
​	Revenues
​	Year Ended December 31,
​	2024	​	2023	​	2022
North American Realty	$ 4,478,293	​	$ 4,220,063	​	$ 4,552,939
International Realty	88,146	​	53,931	​	35,924
Other Affiliated Services	6,105	​	4,802	​	5,084
Revenues reconciliation:	​	​	​	​	​
Segment eliminations	(4,872)	​	(4,975)	​	(4,271)
Consolidated revenues	$ 4,567,672	​	$ 4,273,821	​	$ 4,589,676

​

​	​	​	​	​	​
​	Commissions and other agent-related costs
​	Year Ended December 31,
​	2024	​	2023	​	2022
North American Realty	$ 4,153,113	​	$ 3,910,851	​	$ 4,200,134
International Realty	71,657	​	43,103	​	27,597
Other Affiliated Services	2,742	​	2,448	​	2,973
Commissions reconciliation:	​	​	​	​	​
Segment eliminations	(2,235)	​	(2,505)	​	(2,201)
Consolidated commissions and other agent-related costs	$ 4,225,277	​	$ 3,953,897	​	$ 4,228,503

​

​	​	​	​	​	​
​	Adjusted EBITDA
​	Year Ended December 31,
​	2024	​	2023	​	2022
North American Realty	$ 99,253	​	$ 91,101	​	$ 103,255
International Realty	(9,481)	​	(13,657)	​	(13,708)
Other Affiliated Services	(4,876)	​	(3,795)	​	(2,600)
Corporate expenses and other	(9,413)	​	(8,321)	​	(15,449)
Consolidated Adjusted EBITDA	$ 75,483	​	$ 65,328	​	$ 71,498
​	​	​	​	​	​
(Loss) income before income tax expense reconciliation:	​	​	​	​	​
Depreciation and amortization expense	10,289	​	10,892	​	9,838
Impairment expense	4,930	​	-	​	-
Litigation contingency	34,000	​	-	​	-
Stock compensation expense	37,285	​	43,178	​	30,861
Stock option expense	7,973	​	10,736	​	14,442
Other (income) expense, net	(3,277)	​	(2,995)	​	821
Consolidated (loss) income before income tax expense	($ 15,717)	​	$ 3,517	​	$ 15,536

​

​	​	​	​
​	Goodwill
​	December 31, 2024	​	December 31, 2023
North American Realty	$ 17,226	​	$ 14,595
International Realty	-	​	-
Other Affiliated Services	-	​	2,387
Segment and consolidated total	17,226	​	16,982

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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