XML 44 R26.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
 Three Months Ended March 31, 2025
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$136 $990 $78 $1,204 
Intersegment revenues (a)68 — — 68 
Segment net revenues204 990 78 1,272 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(68)
Total consolidated net revenues1,204 
Less (b):
Commission and other agent-related costs— 785 — 785 
Operating61 205 75 341 
Marketing21 24 47 
General and administrative (c)
25 24 17 66 
Equity in (earnings) losses
— (1)
Other segment items
— — — — 
Segment operating EBITDA
97 (47)(18)32 
Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy benefit, net
(3)
Loss (gain) on the early extinguishment of debt
— 
Other corporate expenses33 
Depreciation and amortization46 
Interest expense, net36 
Stock-based compensation
Restructuring costs, net12 
Impairments
Legal contingencies
— 
Gain on the sale of businesses, investments or other assets, net
(1)
Net loss attributable to Anywhere and Anywhere Group before income taxes
$(102)
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation.
 Three Months Ended March 31, 2024
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$136 $919 $71 $1,126 
Intersegment revenues (a)64 — — 64 
Segment net revenues200 919 71 1,190 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(64)
Total consolidated net revenues1,126 
Less (b):
Commission and other agent-related costs— 726 — 726 
Operating64 201 69 334 
Marketing20 24 49 
General and administrative (c)
26 29 11 66 
Equity in (earnings) losses
— (1)
Other segment items (d)
— (1)(1)(2)
Segment operating EBITDA
90 (59)(15)16 
Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy cost, net
Loss (gain) on the early extinguishment of debt
— 
Other corporate expenses29 
Depreciation and amortization55 
Interest expense, net39 
Stock-based compensation
Restructuring costs, net11 
Impairments
Legal contingencies— 
Loss (gain) on the sale of businesses, investments or other assets, net
— 
Net loss attributable to Anywhere and Anywhere Group before income taxes
$(129)
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Reconciliations of reportable segment assets and other significant items to consolidated totals:
 
As of and for the three months ended March 31, 2025
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Total assets
$4,315 $563 $499 $5,377 $211 $5,588 
Capital expenditures16 20 
Investment in equity method investees— 32 134 166 — 166 
Depreciation and amortization29 10 42 46 
 
As of December 31, 2024
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Total assets
$4,326 $561 $509 $5,396 $240 $5,636 
Investment in equity method investees— 31 151 182 — 182 
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block]
Reconciliations of reportable segment assets and other significant items to consolidated totals:
 
As of and for the three months ended March 31, 2025
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Total assets
$4,315 $563 $499 $5,377 $211 $5,588 
Capital expenditures16 20 
Investment in equity method investees— 32 134 166 — 166 
Depreciation and amortization29 10 42 46 
 
As of December 31, 2024
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Total assets
$4,326 $561 $509 $5,396 $240 $5,636 
Investment in equity method investees— 31 151 182 — 182 
 
For the three months ended March 31, 2024
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
Capital expenditures$$$$14 $$18 
Depreciation and amortization29 12 10 51 55