Real Matters (REAL) 2023年年度报告「TSX」.pdf

1、ANNUAL REPORT2023Real Matters is a leading network management services provider for the mortgage lending and insurance industries.Real Matters platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to creat

2、e an efcient marketplace for the provision of mortgage lending and insurance industry services.Our clients include top 100 mortgage lenders in the U.S.and some of the largest banks and insurance companies in Canada.We are a leading independent provider of residentialreal estate appraisals to the mor

3、tgage market and a leading independent provider of title services in the U.S.Headquartered in Markham(ON),Real Matters has principal ofces in Bufalo(NY)and Middletown(RI).Real Matters is listed on the Toronto Stock Exchange under the symbol REAL.(A)Non-GAAP MeasuresNet Revenue and Adjusted EBITDA do

4、 not have a standardized meaning prescribed by International Financial Reporting Standards and are therefore unlikely to be comparable to similar measures presented by other issuers.These non-GAAP measures are more fully defined on page 23 of this Annual Report.Performance Highlights in thousands of

5、 US$except per share amounts or where otherwise statedFiscal 2023FinancialConsolidatedRevenuesNet Revenue(A)Net Revenue(A)marginNet(loss)incomeAdjusted EBITDA(A)Adjusted EBITDA(A)marginU.S.AppraisalRevenuesNet Revenue(A)Net Revenue(A)marginAdjusted EBITDA(A)Adjusted EBITDA(A)marginU.S.TitleRevenuesN

6、et Revenue(A)Net Revenue(A)marginAdjusted EBITDA(A)Adjusted EBITDA(A)marginCanadaRevenuesNet Revenue(A)Adjusted EBITDA(A)Adjusted EBITDA(A)marginNet Revenue(A)marginTrading Statistics(C$except volume)HighLowCloseAverage VolumeCashLong-term debtCash flow from operating activitiesCommon shares issued