Filing Flows › RMR Group (RMR) › Q4 FY24
RMR Group (RMR) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 12, 2024
RMR Group (RMR) reported revenue of $212M for the fourth quarter fiscal 2024 (Q4 FY24) and +3% from the quarter before. Operating margin was 4.7%, net earnings $5.3M (2.5% of revenue).
RMR Group, Q4 FY24: revenue $212M, operating margin 4.7%, net earnings $5.3M, operating cash flow −$5.7M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $212M | +3% | — |
| Operating profit | $10.0M | -19% | — |
| Net earnings | $5.3M | +8% | — |
| Operating cash flow | −$5.7M | — | — |
What changed
Revenue was $212.3M in Q4 FY24, up 3% from the previous quarter.
Operating profit was $10.0M, a 4.7% margin. Net earnings were $5.3M. The effective tax rate was 18.9%. Non-operating items added $5.4M, 35% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.7M. Non-cash charges added back $1.8M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items used $25.5M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$6.9M.
Questions
What was RMR Group's revenue in the fourth quarter fiscal 2024?
RMR Group (RMR) reported revenue of $212M for the fourth quarter fiscal 2024 (Q4 FY24) and +3% from the quarter before.
Was RMR Group profitable in the fourth quarter fiscal 2024?
Operating profit was $10.0M (4.7% of revenue) and net earnings $5.3M.
Source: RMR Group 10-K on SEC EDGAR.