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Dec 31, 2020
RMR Q1 2021 Earnings Report
Announced first quarter fiscal 2021 results with net income attributable of $0.51 per diluted share and adjusted net income attributable of $0.41 per diluted share.
Key Takeaways
The RMR Group Inc. reported first quarter fiscal 2021 results, including net income of $19.8 million, adjusted net income of $0.41 per diluted share, Adjusted EBITDA of $21.4 million and an Adjusted EBITDA Margin of 49.0%. These results were driven primarily by growth in management services revenues from many of their Client Companies.
Gross assets under management were $32.0 billion.
Fee paying assets under management were $21.6 billion.
Total management and advisory services revenues were $41.3 million.
Cash and cash equivalents totaled $383.2 million with no outstanding debt obligations.
Forward Guidance
The RMR Group Inc. may not realize further improvements or maintain these recent improvements and its results may decline.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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