- Real Matters‘ adjusted EPS for the fourth quarter was 1.0 cents, matching the previous year’s figure and falling short of the estimated 1.2 cents.
- Total revenue increased by 8.1% year-on-year to $45.6 million.
- Net revenue grew by 7.1% year-on-year to $12.0 million, slightly below the estimated $12.9 million.
- Adjusted EBITDA remained constant at $0.6 million, missing the forecast of $1.04 million.
- US Appraisal net revenue rose by 4.7% year-on-year to $9.0 million, underperforming the $10 million estimate.
- US Title net revenue surged by 20% year-on-year to $1.2 million, close to the $1.26 million estimate.
- Canadian operations performed well, with net revenue increasing by 13% year-on-year to $1.8 million, surpassing the $1.67 million estimate.
- The company emphasized its strategic flexibility in response to market dynamics and lender positioning.
- Analyst recommendations include 4 buys and 3 holds, with no recommendations to sell.
A look at Real Matters Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Real Matters Inc. provides an application software platform catering to various sectors within the North American financial services industry. With a Smartkarma Smart Score of 4 for Resilience and Momentum, the company shows promise in its ability to weather market fluctuations and maintain a positive growth trajectory. While the Value score sits at 3 and Growth at 2, the strong performance in Resilience and Momentum showcases the stability and upward trend potential of Real Matters moving forward.
Despite a lower score of 1 in the Dividend category, Real Matters‘ focus on property valuation, collateral risk management, and data analytics positions it well for long-term success. Investors may find confidence in the company’s ability to adapt to market conditions and sustain growth over time, thanks to its robust Resilience and Momentum scores. Overall, Real Matters‘ Smartkarma Smart Scores suggest a positive outlook for the company’s future prospects within the North American financial services industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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