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XTSEREAL
Market cap340mUSD
Dec 24, Last price  
6.60CAD
1D
2.01%
1Q
-26.67%
IPO
-45.41%
Name

Real Matters Inc

Chart & Performance

D1W1MN
XTSE:REAL chart
P/E
18,905.07
P/S
1.97
EPS
0.00
Div Yield, %
0.00%
Shrs. gr., 5y
Rev. gr., 5y
-11.74%
Revenues
173m
+5.37%
114,589,000170,495,000248,547,000302,976,000281,451,000322,537,000455,945,000504,107,000339,642,000163,914,000172,722,000
Net income
18k
P
-910,000-5,103,000-6,281,000-24,014,000-4,571,0008,958,00041,991,00032,992,000-9,265,000-6,173,00018,000
CFO
5m
P
-2,164,0007,377,0004,191,000-8,523,00010,372,00025,643,00074,689,00025,021,00017,567,000-2,564,0005,449,000
Earnings
Jan 30, 2025

Profile

Real Matters Inc. provides technology and network management solutions to mortgage lending and insurance industries in Canada and the United States. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions under the Solidifi brand to the mortgage lending industry; and insurance inspection services to property and casualty insurers under the iv3 brand. The company also provides residential and commercial real estate title and closing services for refinance, purchase, short sale, and real estate owned transactions to financial institutions under the Solidifi brand; and offers services required to close a mortgage transaction, including title search, curative, closing and escrow services, and title policy issuance, as well as other title services, such as capital markets services. In addition, it provides access to its software platforms to other title insurance agencies and mortgage lenders for a subscription fee. The company was formerly known as Solidifi Inc. and changed its name to Real Matters Inc. in July 2010. Real Matters Inc. was incorporated in 2004 and is headquartered in Markham, Canada.
IPO date
May 11, 2017
Employees
Domiciled in
CA
Incorporated in
CA

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑092023‑092022‑092021‑092020‑092019‑092018‑092017‑092016‑092015‑09
Income
Revenues
172,722
5.37%
163,914
-51.74%
339,642
-32.63%
Cost of revenue
165,858
158,534
320,405
Unusual Expense (Income)
NOPBT
6,864
5,380
19,237
NOPBT Margin
3.97%
3.28%
5.66%
Operating Taxes
(818)
(2,949)
(3,084)
Tax Rate
NOPAT
7,682
8,329
22,321
Net income
18
-100.29%
(6,173)
-33.37%
(9,265)
-128.08%
Dividends
Dividend yield
Proceeds from repurchase of equity
(11)
(28,741)
BB yield
0.00%
7.86%
Debt
Debt current
1,085
1,670
1,548
Long-term debt
4,561
6,536
10,172
Deferred revenue
Other long-term liabilities
2,501
508
Net debt
(43,497)
(34,135)
(89,559)
Cash flow
Cash from operating activities
5,449
(2,564)
17,567
CAPEX
(259)
(534)
(1,175)
Cash from investing activities
(169)
(799)
(1,080)
Cash from financing activities
1,424
(445)
(30,424)
FCF
11,660
12,504
41,773
Balance
Cash
49,143
42,341
46,142
Long term investments
55,137
Excess cash
40,507
34,145
84,297
Stockholders' equity
102,089
97,735
101,670
Invested Capital
80,521
82,044
36,569
ROIC
9.45%
14.04%
48.52%
ROCE
5.67%
4.63%
15.92%
EV
Common stock shares outstanding
72,763
76,953
Price
9.15
47.58%
6.20
30.53%
4.75
-52.69%
Market cap
451,131
23.42%
365,527
-56.76%
EV
416,996
276,083
EBITDA
10,021
9,257
23,767
EV/EBITDA
45.05
11.62
Interest
346
206
264
Interest/NOPBT
5.04%
3.83%
1.37%