Company: HOUS
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001398987-25-000067
Chunk: 105

Company: Anywhere Real Estate Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 2
Chunk 105
---
 following table summarizes our cash flows for the three months ended March 31, 2025 and 2024:

 Three Months Ended March 31,  20252024ChangeCash provided by (used in):Operating activities$(105)$(122)$17 Investing activities(13)(16)3 Financing activities109 134 (25)Effects of change in exchange rates on cash, cash equivalents and restricted cash— — — Net change in cash, cash equivalents and restricted cash$(9)$(4)$(5)

For the three months ended March 31, 2025, $17 million less cash was used in operating activities compared to the same period in 2024 principally due to:

•$19 million more cash provided by operating results;

•$16 million less cash used for accounts payable, accrued expenses and other liabilities; and

•$8 million more cash provided by dividends received from equity method investments primarily related to Guaranteed Rate Affinity,

35

partially offset by:

•$17 million less cash used for other assets primarily due to prepaid contracts; and

•$9 million less cash provided by the net change in relocation and trade receivables due to timing.

For the three months ended March 31, 2025, $3 million less cash was used in investing activities compared to the same period in 2024 primarily due to a return of capital from Guaranteed Rate Affinity in 2025.

For the three months ended March 31, 2025, $109 million of cash was provided by financing activities compared to $134 million of cash provided by financing activities during the same period in 2024. For the three months ended March 31, 2025, $109 million of cash was provided by financing activities primarily due to $120 million of additional borrowings under the Revolving Credit Facility, partially offset by:

•$5 million net decrease in securitization borrowings; and

•$4 million of other financing payments primarily related to contracts and finance leases.

For the three months ended March 31, 2024, $134 million of cash was provided by financing activities primarily due to $153 million of additional borrowings under the Revolving Credit Facility, partially offset by:

•$6 million of other financing payments primarily related to contracts and finance leases;

•$5 million of quarterly amortization payments on the term loan facilities; and

•$5 million net decrease in securitization borrowings.

Financial Obligations