Bridgemarq Real Estate Services Q3 net loss narrows

Bridgemarq Real Estate Services

14/11/2025 13:04

Overview

Bridgemarq Q3 revenue declines to C$122.9 mln from C$126.8 mln in 2024

Company reports Q3 net loss of C$1.7 mln, improved from C$10.8 mln loss in 2024

Adjusted net earnings fall to C$1.0 mln from C$2.7 mln in Q3 2024

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

FRANCHISE FEES - Increase in franchise fees driven by fee hikes and more realtors

NET LOSS REDUCTION - Unchanged valuation of Exchangeable Units helped reduce net loss

AGENT NETWORK GROWTH - Continued growth in agent network attributed to competitive tools and technologies

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$122.90 mln
Q3 EPS
-C$0.18
Q3 Net Income
-C$1.70 mln
Q3 Operating Cash Flow
C$1.28 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

Wall Street's median 12-month price target for Bridgemarq Real Estate Services Inc is C$15.50, about 16.5% above its November 13 closing price of C$12.95

Press Release: ID:nCNWvrGLDa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)