Real Matters (REAL) 2017年年度报告「TSX」.pdf

1、2017 Annual ReportReal Matters is a leading network management services provider for the$16 billion mortgage lending and insurance industries.Real Matters platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field agents to

2、create an efficient marketplace for the provision of mortgage lending and insurance industry services.Our clients include more than 60 of the top 100 mortgage lenders in the U.S.and some of the largest insurance companies in North America.We are a leading independent provider of residential real est

3、ate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S.Established in 2004,Real Matters has offices in Buffalo(NY),Cincinnati(OH),Denver(CO),Middletown(RI),and Markham(ON).Real Matters is listed on the Toronto Stock Exchange under t

4、he symbol REAL.For more information,visit .(US$millions)FY 2017FY 2016RevenuesNet Revenue1Adjusted EBITDA1Net LossAdjusted Net Income1$303.0$92.3$9.4$(23.8)$2.8$248.5$68.3$12.8$(6.1)$6.0About Real MattersSummary Financial Information1.Net Revenue,Adjusted EBITDA and Adjusted Net Income are Non-GAAP

5、measures.See page 4 of this Annual Report.Our market share gains in 2017 provide an excellent baseline from which we will continue to deliver growth in fiscal 2018 and beyond.We expect to leverage the franchise value of our existing client relationships with more than 60 of the top 100 lenders in th

6、e U.S.and the strength of our network management platform to fuel that growth.We have a client retention rate of more than 95%,and many of our clients have given us more of their business year after year.These long-term relationships are the foundation of our business.When we started Real Matters ov