RMAX · As filed with the SEC
RE/MAX Holdings cash flow statement, by fiscal year
The statement as RE/MAX Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Cash Flows · USD
| USD | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net income (loss) | 13,433,000 | 8,077,000 | (98,486,000) | 10,757,000 |
| Adjustments to reconcile net income (loss) to operating cash flows: | ||||
| Depreciation and amortization | 25,848,000 | 29,561,000 | 32,414,000 | 35,769,000 |
| Equity-based compensation expense | 16,627,000 | 18,855,000 | 19,536,000 | 22,044,000 |
| Bad debt expense | 3,278,000 | 1,359,000 | 6,784,000 | 2,581,000 |
| Deferred income tax expense (benefit) | (455,000) | (2,102,000) | 49,387,000 | (183,000) |
| Fair value adjustments to contingent consideration | (109,000) | (225,000) | (533,000) | (133,000) |
| Non-cash settlement and impairment charges | 401,000 | — | — | — |
| Net settlement payments | (5,581,000) | 5,483,000 | 55,150,000 | — |
| Impairment charge - goodwill | — | — | 18,633,000 | 7,100,000 |
| Impairment charge - leased assets | — | — | — | 6,248,000 |
| Loss on sale or disposition of assets, net | — | 190,000 | 406,000 | 1,320,000 |
| Non-cash lease benefit | — | — | — | (2,108,000) |
| Non-cash lease benefit | — | (2,928,000) | (2,847,000) | — |
| Non-cash loss on lease termination | — | — | — | 1,175,000 |
| Non-cash debt charges | 880,000 | 863,000 | 860,000 | 861,000 |
| Gain on reduction in tax receivable agreement liability | — | — | (25,298,000) | (628,000) |
| Payment of contingent consideration in excess of acquisition date fair value | — | (360,000) | — | — |
| Change in estimated tax receivable agreement liability | — | 1,219,000 | — | — |
| Change in estimated tax receivable agreement liability | 763,000 | — | — | — |
| Other, net | 1,134,000 | (220,000) | 62,000 | 47,000 |
| Changes in operating assets and liabilities | ||||
| Accounts and notes receivable, net of allowances | (3,941,000) | 7,505,000 | (8,442,000) | 2,789,000 |
| Other current and noncurrent assets | — | 712,000 | 6,461,000 | 5,163,000 |
| Other current and noncurrent liabilities | — | 1,542,000 | (20,249,000) | (17,533,000) |
| Payments pursuant to tax receivable agreements | (757,000) | (504,000) | (440,000) | (3,314,000) |
| Income taxes receivable/payable | (314,000) | (6,505,000) | 298,000 | (871,000) |
| Deferred revenue, current and noncurrent | (3,516,000) | (2,870,000) | (5,432,000) | 58,000 |
| Other assets and liabilities | (6,813,000) | — | — | — |
| Net cash provided by operating activities | 40,878,000 | 59,652,000 | 28,264,000 | 71,142,000 |
| Cash flows from investing activities: | ||||
| Purchases of property, equipment and capitalization of software | (7,374,000) | (6,622,000) | (6,419,000) | (9,932,000) |
| Other | (408,000) | 746,000 | 776,000 | (1,568,000) |
| Net cash used in investing activities | (7,782,000) | (5,876,000) | (5,643,000) | (11,500,000) |
| Cash flows from financing activities: | ||||
| Payments on debt | (4,600,000) | (4,600,000) | (4,600,000) | (4,600,000) |
| Debt amendment costs | (245,000) | — | — | — |
| Distributions paid to non-controlling unitholders | — | — | (8,655,000) | (13,832,000) |
| Dividends and dividend equivalents paid to Class A common stockholders | (498,000) | (599,000) | (13,553,000) | (18,186,000) |
| Payments related to tax withholding for share-based compensation | (4,589,000) | (3,075,000) | (4,367,000) | (6,524,000) |
| Common shares repurchased | — | — | (3,408,000) | (34,101,000) |
| Payment of contingent consideration | (791,000) | — | (1,234,000) | (1,120,000) |
| Other financing | (27,000) | 1,000 | — | — |
| Net cash used in financing activities | (10,750,000) | (8,273,000) | (35,817,000) | (78,363,000) |
| Effect of exchange rate changes on cash | 1,435,000 | (1,979,000) | 831,000 | (1,550,000) |
| Net decrease in cash, cash equivalents and restricted cash | 23,781,000 | 43,524,000 | (12,365,000) | (20,271,000) |
| Cash, cash equivalents and restricted cash, beginning of period | 169,287,000 | 125,763,000 | 138,128,000 | 158,399,000 |
| Cash, cash equivalents and restricted cash, end of period | 193,068,000 | 169,287,000 | 125,763,000 | 138,128,000 |
| Supplemental disclosures of cash flow information: | ||||
| Cash paid for interest | 30,775,000 | 35,549,000 | 34,732,000 | 19,826,000 |
| Net cash paid for income taxes | 7,172,000 | 6,662,000 | 7,107,000 | 6,530,000 |
| Cash paid for lease termination | — | 33,000 | — | 1,285,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.