Douglas Elliman | 10-Q: FY2025 Q2 Revenue: USD 271.37 M

Revenue: As of FY2025 Q2, the actual value is USD 271.37 M.

EPS: As of FY2025 Q2, the actual value is USD -0.27.

EBIT: As of FY2025 Q2, the actual value is USD -54.67 M.

Segment Revenue

• Total Revenue: $271,366 for the three months ended June 30, 2025, compared to $285,751 for the same period in 2024, a decrease primarily due to lower commissions and other brokerage income.
• Commission and Other Brokerage Income: $258,016 for the three months ended June 30, 2025, compared to $272,313 for the same period in 2024.

Operational Metrics

• Operating Loss: $5,532 for the three months ended June 30, 2025, compared to $3,673 for the same period in 2024, primarily due to decreased revenues.
• Net Loss: $22,625 for the three months ended June 30, 2025, compared to $1,780 for the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: $4,975 for the six months ended June 30, 2025, compared to $25,973 for the same period in 2024, reflecting a reduction in operating loss and lower liability payments.
• Net Cash Provided by Investing Activities: $7,548 for the six months ended June 30, 2025, compared to cash used of $629 for the same period in 2024.

Unique Metrics

• Adjusted EBITDA Attributed to Douglas Elliman: $259 for the six months ended June 30, 2025, compared to -$14,708 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: Douglas Elliman Inc. plans to continue focusing on its core real estate brokerage operations while expanding its PropTech investments through DOUG Ventures. The company aims to enhance its market presence and operational efficiency.
• Non-Core Business: The company is exploring international expansion through Elliman International, targeting luxury destinations in Latin America, the Middle East, Europe, Asia Pacific, and other emerging wealth centers.