Company: HOUS
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001398987-25-000067
Chunk: 11

Company: Anywhere Real Estate Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 11
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 do not express such an opinion.

/s/ PricewaterhouseCoopers LLP

Florham Park, New Jersey

May 7, 2025 

5

ANYWHERE REAL ESTATE INC. AND ANYWHERE REAL ESTATE GROUP LLC

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except per share data)

(Unaudited)Three Months Ended March 31, 20252024RevenuesGross commission income$976 $907 Service revenue125 119 Franchise fees73 70 Other30 30 Net revenues1,204 1,126 ExpensesCommission and other agent-related costs785 726 Operating277 273 Marketing44 45 General and administrative103 99 Former parent legacy (benefit) cost, net(3)1 Restructuring costs, net12 11 Impairments6 6 Depreciation and amortization46 55 Interest expense, net36 39 Other income, net(1)(1)Total expenses1,305 1,254 Loss before income taxes, equity in losses and noncontrolling interests(101)(128)Income tax benefit(24)(28)Equity in losses of unconsolidated entities1 1 Net loss(78)(101)Less: Net income attributable to noncontrolling interests— — Net loss attributable to Anywhere and Anywhere Group$(78)$(101)Loss per share attributable to Anywhere shareholders:Basic loss per share$(0.70)$(0.91)Diluted loss per share$(0.70)$(0.91)Weighted average common and common equivalent shares of Anywhere outstanding:Basic111.4 110.7 Diluted111.4 110.7 

See Notes to Condensed Consolidated Financial Statements.6

ANYWHERE REAL ESTATE INC. AND ANYWHERE REAL ESTATE GROUP LLC

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(In millions)

(Unaudited)Three Months EndedMarch 31,20252024Net loss$(78)$(101)Currency translation adjustment— (1)Defined benefit pension plan—amortization of actuarial gain (loss) to periodic pension cost1 — Other comprehensive income (loss), before tax1 (1)Income tax expense related to items of other comprehensive income (loss) amounts— — Other comprehensive income (loss