Real Matters Inc.

Real Matters Inc.

RLLMF
Real Matters Inc.US flagOther OTC
4.01
USD
- -
- -
297.89MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.32
1.96
2.86
3.77
3.19
3.73
5.39
6.09
4.44
2.25
2.36
2.29
2.5
Basic EPS, GAAP
-0.01
-0.06
-0.07
-0.3
-0.05
0.1
0.5
0.4
-0.12
-0.08
- -
-0.31
-0.34
Free Cash Flow per Basic Share
-0.05
0.06
0.03
-0.13
0.11
0.27
0.86
0.27
0.21
-0.05
0.06
-0.11
-0.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
0.6
1.28
2.27
2.02
2
2.49
1.84
1.47
1.48
1.53
1.22
1.18
Tangible Book Value per Share
- -
0.18
-0.06
1.16
1.16
1.2
1.7
1.12
0.87
0.88
0.95
0.62
0.6
Basic Weighted Avg Shares
87
87
87
80
88
86
85
83
77
73
73
74
74
Sales/Revenue/Turnover
115
170
249
303
281
323
456
504
340
164
173
170
185
Operating Margin (%)
-0.63
0.64
-0.47
-5.07
-5.58
5.27
14.34
10.27
0.39
-4.64
-2.35
-4.67
-2
Depreciation Expense
3
4
14
21
20
10
4
5
5
4
3
3
3
Net Income, GAAP
-1
-5
-6
-24
-5
9
42
33
-9
-6
- -
-23
-25
Effective Tax Rate (%)
- -
- -
- -
- -
- -
29.43
30.37
28.27
- -
- -
- -
- -
1,183.95
Profit Margin (%)
-0.79
-2.99
-2.53
-7.93
-1.62
2.78
9.21
6.54
-2.73
-3.77
0.01
-13.35
-13.51
Working Capital
- -
23
11
81
81
88
134
81
52
47
51
45
44
LT Debt
- -
9
15
- -
- -
- -
7
6
4
2
2
1
1
Total Equity
- -
48
108
189
182
174
212
160
115
112
116
91
89
Return on Invested Capital (%)
- -
- -
- -
- -
- -
6.7
22.99
19.08
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
4.39
20.8
17.35
- -
- -
- -
- -
-46.24
Return on Common Equity (%)
- -
-19.71
-7.71
-16.36
-2.53
5.1
21.89
18.16
-7.01
-5.61
0.02
-22.47
-25.05

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
74
74
74
Market Capitalization
383
314
292

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
62
56
59
Cash, Cash Equivalents & STI
40
44
42
Accounts Receivable, Net
18
10
16
Inventories
- -
- -
- -
Total Current Liabilities
17
12
15
Payables & Accruals
13
11
14
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.79%
-14.7%
-21.47%
Free Cash Flow
-109.91%
-144.61%
-275.94%
Net Income, GAAP
-12,595.82%
-25,251.09%
-125,972.22%
Sales/Revenue/Turnover
4.64%
-14.03%
-1.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35
42
49
46
173
2025
41
37
45
46
170
2026
47
47
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
0.03
0.02
- -
- -
2025
0.03
-0.03
-0.07
- -
-0.31
2026
-0.05
0.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Brian Lang
Full Time Employees
324
Sector
Technology
Industry
Software - Application
Address
50 Minthorn Boulevard Markham ON Canada L3T 7X8
IPO Date
Jul 6, 2017
Business
Real Matters Inc. is a Canadian technology company providing a network management services platform primarily for the mortgage lending and insurance industries in the United States and Canada. The company offers core services including residential real estate appraisals, title services, and insurance inspections. Its product portfolio includes U.S. Appraisal services, U.S. Title services, and Canadian operations, all delivered mainly through its Solidifi brand. The U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, home equity, and default transactions. The U.S. Title segment delivers title services for refinance, purchase, home equity, short sale, and real estate-owned transactions. In Canada, Real Matters offers residential mortgage appraisals and insurance inspection services, supported by a network of tens of thousands of independent qualified field agents. Founded in 2004 and headquartered in Markham, Ontario, Real Matters operates a proprietary technology platform that combines network management and data analytics capabilities to serve mortgage lenders, insurers, and other related financial institutions across North America. The company's operations focus heavily on the U.S. market, which generates the majority of its revenue, particularly through its appraisal services. In the last two years, Real Matters has made significant strategic advances, including expanding its client base with the addition of ten new clients and launching a new channel in its U.S. appraisal operations in Canada. The company also reported growth in its U.S. Title segment by acquiring seven new clients, including a second Tier 1 lender. Real Matters has benefited from market share gains linked to the acquisition of Rocket Companies and Mr. Cooper, enhancing its strategic position within the mortgage service industry. Additionally, the company has focused on operational efficiencies by establishing a target operating model and increasing capacity to manage growing demand effectively as the mortgage market stabilizes and transitions toward growth. Overall, Real Matters stands as a leading network management services platform with comprehensive residential valuation and title service offerings, leveraging technology and an extensive agent network to support the mortgage and insurance industries in North America with ongoing strategic expansions and client growth initiatives.

Company News

APIChat
  • Real Matters Inc. (REAL:CA) Q2 2026 Earnings Call Transcript

  • Real Matters Announces Election of Directors

  • Real Matters Inc. (REAL:CA) Q1 2026 Earnings Call Transcript

  • Real Matters Reports First Quarter Financial Results

  • Real Matters to Hold Virtual Annual and Special Meeting on February 5, 2026

  • Real Matters Inc. (REAL:CA) Q4 2025 Earnings Call Transcript

  • Real Matters Reports Fourth Quarter and Fiscal 2025 Financial Results

  • Real Matters Inc. (RLLMF) Q3 2025 Earnings Call Transcript

  • Real Matters Reports Third Quarter Financial Results

  • Real Matters to Announce Third Quarter Fiscal 2025 Financial Results on July 31, 2025

  • Real Matters Appoints Mortgage Market Industry Veteran John Walsh to its Board of Directors

  • Real Matters Inc. (RLLMF) Q2 2025 Earnings Call Transcript

  • Real Matters Reports Second Quarter Financial Results

  • Real Matters to Announce Second Quarter Fiscal 2025 Financial Results on April 30, 2025

  • Real Matters Announces Election of Directors

  • Real Matters Inc. (RLLMF) Q1 2025 Earnings Call Transcript

  • Real Matters Reports First Quarter Financial Results

  • Real Matters to Hold Virtual Annual General Meeting on February 6, 2025

  • Real Matters to Announce First Quarter Fiscal 2025 Financial Results on January 30, 2025

  • Real Matters Inc. (RLLMF) Q4 2024 Earnings Call Transcript