Douglas Elliman Q4 2021 Earnings Report
Key Takeaways
Douglas Elliman reported strong Q4 2021 financial results, with a 25% increase in consolidated revenues, a 44% increase in operating income, and a 28% increase in Adjusted EBITDA compared to the prior year period. The company achieved record annual gross transaction value and transactions in 2021.
Consolidated revenues of $334.2 million, up 25% compared to the prior year period
Reported operating income of $19.2 million, up 44% compared to the prior year period
Adjusted EBITDA of $21.3 million, up 28% compared to the prior year period
Achieved gross transaction value of approximately $12.6 billion, compared to approximately $10.4 billion for the three months ended December 31, 2020
Douglas Elliman
Douglas Elliman
Forward Guidance
Douglas Elliman intends to build on its momentum as an independent company by further expanding its footprint, accelerating its adoption of cutting-edge PropTech solutions, continuing to recruit best-in-class talent, making acquisitions and acqui-hires and pursuing operational efficiencies.