Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.22.2.2
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting  
Schedule of key operating data for the reportable segments

Key operating data for the reportable segments for the three and nine months ended September 30, 2022 and 2021 are set forth in the tables below (amounts in thousands):

    

Revenue

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2022

    

2021

    

2022

    

2021

Real Estate Brokerage

$

104,977

$

95,300

$

311,074

$

224,702

Mortgage

2,839

2,623

8,345

4,125

Technology

702

679

2,003

1,278

Corporate and other services (a)

2,746

2,338

8,104

4,664

Total revenue

$

111,264

$

100,940

$

329,526

$

234,769

Adjusted EBITDA

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2022

    

2021

    

2022

    

2021

Real Estate Brokerage

$

576

$

199

    

$

3,311

    

$

188

Mortgage

(406)

 

(101)

 

 

(1,726)

 

 

(991)

Technology

(372)

 

56

 

 

(1,091)

 

 

(566)

Total Segment Adjusted EBITDA

(202)

 

154

 

 

494

 

 

(1,369)

Corporate and other services (a)

(2,123)

 

(1,961)

 

 

(6,801)

 

 

(4,755)

Total Company Adjusted EBITDA

(2,325)

(1,807)

 

(6,307)

 

(6,124)

Depreciation and amortization

1,436

931

3,839

1,778

Other expense (income), net

115

 

(102)

 

 

804

 

 

(190)

Income tax expense (benefit)

 

(210)

 

 

185

 

 

(2,820)

Stock based compensation

2,123

 

770

 

 

6,470

 

 

2,833

Transaction-related costs

13

 

177

 

73

1,140

Net loss

$

(6,012)

$

(3,373)

$

(17,678)

 

$

(8,865)

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