NASDAQ$RMR

The RMR Group Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Announced first quarter fiscal 2022 results with net income of $18.3 Million.

The RMR Group Inc. reported an 11% increase in management and advisory services revenues, reaching $46.0 million. Adjusted earnings per share increased by 12%, and Adjusted EBITDA rose by 9%. Total Assets Under Management (AUM) grew to $33.4 billion.

  • Management and advisory services revenues increased by 11% to $46.0 million.
  • Adjusted earnings per share increased 12% year over year.
  • Adjusted EBITDA increased 9% year over year.
  • Total AUM grew to $33.4 billion.

Headline financials

Total Revenue

$182M

Previous: $157M+15.7%
EPS (adj)

$0.46

Previous: $0.41+12.2%
Assets Under Management

$33.4B

No prior period
Capital Expenditures

-$165K

Previous: -$560K+70.5%
Free Cash Flow

$7.88M

Previous: $8.34M-5.5%
Net Income

$8.04M

Previous: $8.9M-9.6%
Operating Income

$20.1M

Previous: $13.7M+46.3%
Gross Profit

$30.2M

Previous: $28.1M+7.7%
Cash & Equivalents

$182M

Previous: $383M-52.5%
Total Assets

$522M

Previous: $698M-25.2%
Stock-Based Comp

$2.22M

Previous: $3.56M-37.7%

Revenue & EPS history

RMR · Revenue · Quarterly

$182M

Q1 2022+15.7%vs Q1 2021
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

The RMR Group Inc. is focused on driving private capital growth across the platform.

Tailwinds

  • RMR reported management and advisory services revenues of $46.0 million, an increase of 11% from last year.
  • Adjusted earnings per share increased 12% over the prior year.
  • Adjusted EBITDA increased 9% over the prior year.
  • RMR made significant progress in growing its private capital assets under management, announcing approximately $1.9 billion of private capital transactions.
  • RMR remains well positioned to pursue a range of capital allocation strategies.

Headwinds

  • The impact and duration of the COVID-19 pandemic is not known.
  • Economic conditions could deteriorate for a prolonged period and negatively impact The RMR Group Inc.’s and its clients’ businesses operating and financial results.
  • The $1.9 billion of private capital transactions may not be successful.
  • The fees earned from clients may decline or not meet expectations as a result.
  • The pending Monmouth transaction is subject to customary closing conditions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.9%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+0.8%

Avg return

30 days after

40%

17 / 42 earnings

Positive

+10.4%

Q2 2016

Best reaction

-14.3%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+1.3%-1.9%+3.4%
Q1 2026+7.6%+13.7%+9.2%
Q4 2025+0.6%-2.5%+0.9%
Q2 2025-4.5%+1.9%+6.1%
Q1 2025-0.7%-1.8%-1.3%
Q4 2024-7.4%-9.7%-10.1%
Q3 2024-3.4%-6.6%-1.7%
Q2 2024-4.3%-1.3%-3.3%
Q1 2024+2.7%+3.3%-7.1%
Q4 2023-1.8%-0.6%+12.3%
Q3 2023-1.2%+4.0%+6.8%
Q2 2023-4.1%-5.6%-4.0%
Q1 2023-2.5%-8.6%-7.2%
Q4 2022-3.2%+1.5%+4.2%
Q3 2022+0.5%-0.7%-9.1%
Q2 2022-0.1%-0.7%+8.5%
Q1 2022-2.6%+2.4%-4.2%
Q4 2021+0.9%-3.8%-9.0%
Q3 2021+3.3%+2.6%-1.2%
Q2 2021-1.8%-5.3%-0.9%
Q1 2021+8.5%+4.1%+13.5%
Q4 2020+8.4%+12.5%+22.2%
Q3 2020+6.8%+10.3%+7.9%
Q2 2020-14.3%-17.4%+4.2%
Q1 2020-6.2%-5.4%-20.4%
Q4 2019-3.9%-1.9%-4.4%
Q3 2019-6.1%-8.3%-1.8%
Q2 2019-8.4%-7.0%-8.2%
Q1 2019+1.4%+3.3%-1.1%
Q4 2018-1.7%-3.9%-16.2%
Q3 2018+1.8%+1.9%+12.0%
Q2 2018+0.1%-6.4%-4.7%
Q1 2018+3.7%+9.5%+29.1%
Q4 2017-0.7%-0.7%+3.8%
Q3 2017-8.0%-1.8%+1.1%
Q2 2017-2.8%-6.1%-6.7%
Q1 2017+1.1%+8.2%+5.3%
Q4 2016-3.1%-5.7%-9.3%
Q3 2016+2.2%+4.4%+13.0%
Q2 2016+10.4%
Q1 2016-1.8%
Q4 2015-2.7%
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2013

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