XTSEREAL
Market cap340mUSD
Dec 24, Last price
6.60CAD
1D
2.01%
1Q
-26.67%
IPO
-45.41%
Name
Real Matters Inc
Chart & Performance
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 | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑09 | 2023‑09 | 2022‑09 | 2021‑09 | 2020‑09 | 2019‑09 | 2018‑09 | 2017‑09 | 2016‑09 | 2015‑09 | |
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% |