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Dec 31, 2021
RMR Q1 2022 Earnings Report
Announced first quarter fiscal 2022 results with net income of $18.3 Million.
Key Takeaways
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.
Forward Guidance
The RMR Group Inc. is focused on driving private capital growth across the platform.
Positive Outlook
- 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.
Challenges Ahead
- 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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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