Real Matters (REAL) 2021年年度报告「TSX」.pdf

1、ANNUAL REPORT2022Historical Consolidated Financial Performance 5,000010,00015,00020,000Volumes$5.8M$72.2MNet Revenue(A)vs.U.S.Mortgage Origination Market Volumes*Adjusted EBITDA(A)vs.U.S.Mortgage Origination Market Volumes*Adjusted EBITDA(A)Estimated Market VolumesF18F20F21F19$7.4MF22$82.8M$102.1M$8

2、5.4M$162.1M$164.3M5,000010,00015,00020,000Net Revenue(A)Estimated Market VolumesVolumesF19F20F22F21F18$29.0M$59.2MReal Matters is a leading network management services provider for the mortgage lending and insurance industries.Real Matters platform combines its proprietary technology and network man

3、agement capabilities with tens of thousands of independent qualified field professionals to create 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 insurance companies in North

4、 America.We are a leading independent provider of residential real estate appraisals to the mortgage 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 Toro

5、nto Stock Exchange under the symbol REAL.(A)Non-GAAP MeasuresNet Revenue and Adjusted EBITDA do 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

6、 are more fully defined on page 26 of this Annual Report.*Management estimate,in thousands of units.U.S.Appraisal PurchaseMarket Share4.4%4.1%F22F21F22F21U.S.Appraisal RefinanceMarket Share9.9%12.1%U.S.Title RefinanceMarket Share1.8%1.2%F22F21Net Revenue(A)$164.3M$85.4MF22F21$162.1MF20Adjusted EBITD