Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.22.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting  
Summary of key operating data for the reportable segments

Key operating data for the reportable segments for the three months ended March 31, 2022 and 2021 are set forth in the tables below (amounts in thousands).

Three months ended

March 31, 

Revenue

    

2022

    

2021

Real Estate Brokerage

$

84,044

$

49,156

Mortgage

2,864

Technology

645

Corporate and other services (a)

2,529

490

Total revenue

$

90,082

$

49,646

Three months ended

March 31, 

Adjusted EBITDA

    

2022

    

2021

Real Estate Brokerage

$

945

$

(506)

Mortgage

(490)

 

Technology

(395)

 

(315)

Total Segment Adjusted EBITDA

60

 

(821)

Corporate and other services (a)

(2,176)

 

(1,222)

Total Company Adjusted EBITDA

(2,116)

(2,043)

Depreciation and amortization

(1,061)

(102)

Other (expense) income, net

(337)

 

54

Income tax (expense)

(25)

 

(5)

Stock-based compensation

(2,407)

 

(870)

Transaction-related costs

(51)

 

(434)

Net loss

$

(5,997)

$

(3,400)

(a) Transactions between segments are eliminated in consolidation. Such amounts are eliminated through the Corporate and other services line.