The Motley Fool

FEBRUARY 5, 2024

It makes quick offers on homes without the need for staging and open houses, which benefits sellers, and it makes the necessary home improvements to have homes ready for resale, which benefits buyers. A better way to buy and sell homes Opendoor operates an iBuying platform connecting buyers and sellers. Revenue was $980 million, down from $3.4

Resale 130

Resale Amortization Depreciation Earnings Before Interest 130

The Motley Fool

SEPTEMBER 5, 2024

Finally, Q3 industrial resales of $164 million declined 31% year on year. We believe we are approaching bottom in Q3 as Q4 resales are expected to recover sequentially. Year on year, Q4 industrial resales will still be down approximately 20%. Spears -- Chief Financial Officer and Chief Accounting Officer Thank you, Hock.

Resale 238

Resale Debt Taxes Liabilities 238

The Motley Fool

DECEMBER 12, 2024

Measure on resales, Q4 industrial resales of $173 million declined 27% year on year. Spears -- Chief Financial Officer and Chief Accounting Officer Thank you, Hock. We expect the non-GAAP tax rate in fiscal year 2025 to be approximately 14.5% Finally, on to industrial, which only represents 1% of the total revenues.

Debt 246

Debt Resale Taxes Accounting 246

The Motley Fool

NOVEMBER 7, 2024

And we streamlined Cloud and ITO, security, and Modern Workplace delivery under a single leader to improve consistency and accountability. Our global shared services model is now fully implemented, consolidating, standardizing, and eliminating redundant processes across sales, business, and account operations. points year to year to 8.2%

Resale 130

Resale Consulting Consultants Capital 130

The Motley Fool

MAY 16, 2024

adjusted EBIT impact, higher taxes of $0.08, and a noncontrolling interest impact of $0.03. The shortfall was due to a combination of a smaller benefit from working capital and higher-than-anticipated cash tax levels. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

FEBRUARY 1, 2024

To accomplish this, we are going to continue the full implementation of our operating model, establishing global offerings with full responsibility for offering development, delivery, solution design, and P&L accountability. year to year, with the main decreases being a higher tax rate of $0.12, $0.06 Non-GAAP EPS was down $0.08

Resale 130

Resale Banks Capital Assets 130

The Motley Fool

OCTOBER 29, 2024

Horton team produced solid results to finish the year, highlighted by consolidated pre-tax income of $1.7 billion on revenues of $10 billion, with a pre-tax profit margin of 17.1%. For the year, earnings per diluted share increased 4% to $14.34, and our consolidated pre-tax income was $6.3 billion on revenues of $36.8

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Leveraging 130

The Motley Fool

APRIL 18, 2024

Our consolidated pre-tax income increased 23% to $1.5 billion with a pre-tax profit margin of 16.8%. Jessica Hansen -- Senior Vice President, Communications Forestar, our majority-owned residential lot development company reported revenues of $334 million for the second quarter on 3,289 lots sold with pre-tax income of $59 million.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Capital 130

The Motley Fool

JULY 25, 2024

These tenants allow us to target the biggest piece of the potential homebuyer pool by effectively competing its resale inventory, not just in today's environment that favors builders but also when the resale market returns to historical averages. The second quarter's effective income tax rate was 22.1% from $5.02 billion to $6.3

Resale 130

Resale Securities and Exchange Commission (SEC) Leveraging Banks 130

The Motley Fool

NOVEMBER 1, 2023

Howard will be running our applications offering and be accountable for our AI strategy. GBS grew organically for the tenth consecutive quarter in Q2 and now accounts for 49.7% year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations.

Resale 187

Resale Capital Taxes Assets 187

The Motley Fool

AUGUST 8, 2024

A few examples include dedicated client partners having significant domain expertise tied to specific clients and industries; updated compensation structure that includes bookings, revenue, and profitability, as well as elevated incentives to expand client relationships; and a clear delineation between existing and new logo account teams.

Resale 130

Resale Consulting Consultants Accounting 130

The Motley Fool

JANUARY 23, 2024

Our consolidated pre-tax income was $1.2 billion, with a pre-tax profit margin of 16.1%. Jessica Hansen -- Vice President, Investor Relations Forestar, our majority-owned residential lot development company, reported revenues of $306 million for the first quarter on 3,150 lots sold, with pre-tax income of $51 million.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Leveraging Taxes 130

The Motley Fool

MARCH 7, 2024

And finally, Q1 industrial resales of $215 million declined 6% year on year. In fiscal '24, we continue to expand industrial resales to be down high single digits year upon year. The accounts receivable we brought on from VMware has payment terms of 60 days, unlike Broadcom's standard 30 days. billion, up 1% sequentially.

Resale 188

Resale Debt Banks Shareholders 188

The Motley Fool

DECEMBER 15, 2023

We expect our tax rate to be about 24.5% I'd like to end by sincerely thanking the Lennar financial teams, accounting, planning, and IR, for their combined great efforts that allow us to host our year-end earnings call two weeks after year-end. And our charitable foundation contribution will be based on $1,000 per home delivered.

Resale 130

Resale Debt Assets Capital 130

The Motley Fool

FEBRUARY 17, 2024

You see that in the valuations of companies out there in the market, limited resale inventory leads, brokers really having a tough time, but folks selling new homes are at all time highs and really sitting pretty. Nord VPN lets you connect up to six devices on your account and use them simultaneously. One is employee costs.

Taxes 130

Taxes Resale Mutual Funds Private Equity Firms 130

The Motley Fool

SEPTEMBER 3, 2023

Because as we know with companies like Uber and others, these members really do account for more of the spending for businesses like these that can be immensely profitable, particularly over time. This aims for transparency in ticket pricing with an all-in ticket price that's inclusive of fees and taxes.

Investors 242

Investors Resale Initial Public Offering Shareholders 242

The Motley Fool

APRIL 11, 2024

This will create a one-of-a-kind post-purchase experience whereby a customer can visit their account online and do everything from check the status of their order all the way to receive personalized content and videos based on their specific purchase and setup ideas. By product category. Net income for the quarter was $31 million or $1.87

Resale 130

Resale Leveraging Capital Investing 130

The Motley Fool

JULY 30, 2024

Pretax net income for the quarter was approximately $77 million, representing a pre-tax profit margin of 12.8%. With rising land and input costs, compounded by higher interest rates and increased cost of insurance and property taxes, today's entry-level customer faces hard choices and has fewer options. Our effective tax rate was 23.8%

Leveraging 130

Leveraging Taxes Debt Capital 130

The Motley Fool

AUGUST 16, 2023

We achieved a notably rapid growth in advertising revenue, benefiting from deploying machine learning on our advertising platform and from video accounts monetization. billion, with increased synergies among video Accounts, mini programs, and moments. Video accounts expanded its user base and deepened user engagement.

Accounting 130

Accounting Leveraging Consulting Consultants 130

The Motley Fool

AUGUST 1, 2023

And lastly, the resale home market remains tight as existing buyers are hesitant to leave their low rate mortgages, which limits available inventory and helps to increase new home demand. The second quarter's effective income tax rate was 22% in 2023 compared to 24.6% and an effective tax rate of about 22.5% billion to $6.07

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Resale Banks 130

The Motley Fool

JANUARY 19, 2024

And then finally, in your accounts payable in your accrued liabilities line, your year-over-year increase that is a benefit was about 380 million. Now, you guys don't disaggregate accounts payable from accrued liabilities. Our tax provisioning is about $100 million higher. So, our accounts payable is higher because of that.

Leveraging 130

Leveraging Resale Taxes Capital 130

The Motley Fool

FEBRUARY 2, 2024

Our finance, accounting, legal, and real estate investment teams have had a busy year-end and beginning of 2024, closing over $1.2 in the aggregate, including property taxes, which represented approximately 36% of our total operating expenses and are projected to increase approximately 3% in 2024. Insurance represents 7.5%

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

NOVEMBER 5, 2024

Additionally, we delivered a pre-tax net income margin of 14.1%, up 130 basis points sequentially and significantly higher than our pre-pandemic average of 12.8%. million related to purchase accounting, together representing 210 basis points, compared to 150 basis points last year. Our effective tax rate was 24.3%, compared to 25.1%

Capital 130

Capital Debt Banks Resale 130

The Motley Fool

AUGUST 1, 2024

Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to exclude noncontrolling interest in Egypt and Egypt tax barrels. For the second quarter, under generally accepted accounting principles, APA reported consolidated net income of $541 million or $1.46 alternative minimum tax.

Capital 130

Capital Taxes Assets Debt 130

The Motley Fool

JULY 20, 2023

Our consolidated pre-tax income was $1.8 billion, with a pre-tax profit margin of 18.3%. Mike Murray -- Executive Vice President and Co-Chief Operating Officer Financial services earned $94 million of pre-tax income in the third quarter on $229 million of revenues, resulting in a pre-tax profit margin of 41.2%.

Banks 130

Banks Securities and Exchange Commission (SEC) Leveraging Taxes 130

The Motley Fool

FEBRUARY 1, 2024

As we previously discussed, two of the largest population cohorts, the millennials and recently Gen Zs are having life events lean to increased levels of need-based housing that currently cannot be met by the constrained resale of home supply in the market. The fourth quarter's effective income tax rate was 23.2% billion to $6.2

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Finance Financing 130

The Motley Fool

FEBRUARY 26, 2024

billion valuation allowance release related to our US deferred tax assets. The FY '25 non-GAAP tax rate is 19%. Our FY '25 outlook takes into account the acquisition of HiredScore, which is expected to close later this quarter. Full-year non-GAAP operating income was $1.74 billion, reflecting a non-GAAP operating margin of 24%.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Education Banks 130

The Motley Fool

OCTOBER 30, 2024

As a reminder, when we say agent economics, this reflects Compass' margin after accounting for both commission expense and other expenses such as agent marketing spend. year over year, principal agent count 20% year over year, total agent count by nearly 4,000 agents year over year and after accounting for four acquisitions.

Legal 130

Legal Prospects Leveraging Resale 130

The Motley Fool

SEPTEMBER 12, 2024

This has led to a significant increase in account creation which provides us with a greater opportunity to engage the customer in a more personalized and relevant manner. Last week, we launched our resale platform piloting with our own associates before launching a customer facing experience in the near future. That makes sense.

Leveraging 130

Leveraging Finance Financing Capital 130

The Motley Fool

AUGUST 3, 2023

Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to exclude noncontrolling interest in Egypt and Egypt tax barrels. For the second quarter, under generally accepted accounting principles, APA reported consolidated net income of $381 million, or $1.23 per diluted common share.

Capital 100

Capital Shareholders Banks Resale 100

The Big Picture

MAY 7, 2024

Sun Microsystems was the hot ticket at that point in time, and I talked business week into buying me an Apple computer and signing me up for an AOL account. So I went to Pinterest as the head of partnerships, I set up and sold, I hired 125 ad sellers, account managers and a team to go out and sell the first pin promoted pins.

Startups 59

Startups Finance Financing Debt 59

The Motley Fool

AUGUST 31, 2023

Finally, Q3 industrial resales of $236 million declined 3% year on year, reflecting weak demand in China. And in Q4, though, we expect an improvement with industrial resales up low single-digit percentage year on year, reflecting largely seasonality. And in our strategic accounts, we averaged 125%. billion of cash dividends.

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Banks Legal 246

The Big Picture

SEPTEMBER 5, 2023

The interesting thing about the state of inventory today is normally new construction accounts for 10 to 15 percent of total inventory. And even before the pandemic, we had changes in laws like the mansion tax, the rent law changed so that conversions of existing buildings are almost impossible. That’s true for Manhattan.

Taxes 52

Taxes Banks Resale Accounting 52

The Motley Fool

JULY 6, 2023

Now these adjusted numbers account for some investments and some divestitures made over the past year so that we understand each other, Ron. They're going to start generating some of their EBITDA, or earnings before interest, taxes, and depreciation, and amortization of more than 600 million this quarter versus a loss of 928 million in Q2 22.

Resale 130

Resale Companies Bidding Amortization 130

The Motley Fool

JULY 24, 2024

The creation of Ford Pro, Blue, and Model E have been a huge catalyst for transparency, accountability, and more rigorous capital allocation. Now there's a lot of misconceptions around EVs on the separate areas of costs like resale value and insurance, of course, range and charging, and battery life. Our Ford Pro business is amazing.

Companies 244

Companies Capital Leveraging Resale 244

The Motley Fool

OCTOBER 30, 2024

We are happy to report that all of our employees are safe and accounted for. Overall, we do expect markets to return to a more balanced new home versus resale equilibrium in the future, with some of our submarkets already experiencing increased competition from existing home inventory. Now, turning to Slide 7. from $5.98

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Finance Financing 130

The Motley Fool

AUGUST 7, 2024

Operating executive, head of accounting and finance supervisory unit, Mr. Masao Kawaguchi. Shares of profit of investments accounted for using the equity method was 1.4 Shares of profit of investment accounted for using the equity method will decline due to the unit sales in China being revisited. Nice to meet you. trillion yen.

Depreciation 130

Depreciation Finance Financing Banks 130