EMJ Capital's founder posted thesis on X that Better Home & Finance is 'the Shopify of mortgages' with the potential for AI to boost capacity and fuel explosive growth over the next 2 years.
Real estate and mortgage services provider has racked up $363M in cumulative losses and ended Q1 with $30.8M of cash and cash equivalents following debt restructuring
The portal is on track to reach co-founder Rich Barton's $5B revenue goal, Zillow CFO Jeremy Hofmann said Wednesday at Morgan Stanley's Technology, Media & Telecom Conference
The portal and online brokerage saw revenue fall 25% year over year during the fourth quarter of 2022, and lost a total of $61.9M, according to an earnings call Thursday afternoon
The record quarter was largely driven by the company's purchase in July of RE/MAX Integra, a $235M deal that marked the largest franchise acquisition in the brokerage's history
Revenues rose 137 percent last year for eXp World Holdings, elevating to $54.2 million
Opinion
Zillow’s 2016 adjusted earnings before interest, deductions, taxes and amortizations is $144.8 million
Although the company reported overall increases in sales and revenue, NRT took a hit from the soft market and agent poaching