07:30 AM EST, 11/20/2025 (MT Newswires) -- Real Matters ( RLLMF ) Wednesday reported a fourth-quarter loss as net revenue edged lower.
The company reported an adjusted net loss of US$1.6 million, or $0.02 per share, compared with adjusted earnings of $0.9 million, or $0.01 per share, in the prior year period. Analysts polled by FactSet had expected nil per share.
Net revenue edged down to $11.9 million, from $12 million, over the same period, missing the $12.2 million forecast.
"Our recent Consumer Mortgage Survey indicated that future buyer intent to purchase remains relatively strong, with 40% planning to purchase in the next two years, while 50% of existing mortgage holders plan to refinance when rates ease," said chief executive Brian Lang. "There are currently 51 million mortgages outstanding in the U.S., with over 12 million carrying interest rates above 6%. These consumer trends, together with a more favourable interest rate outlook, clearly underscore the opportunity to unlock significant growth in mortgage origination volume."