AGNT, Inc. AGNT
The Company owns and oversees a diversified portfolio of service-oriented businesses. These businesses are integrated through the Company's advanced enabling technology platform which enables collaboration and operational leverage across its ecosystem.
The Company's strategic focus is the continued expansion of its real estate brokerage operations by delivering a differentiated value proposition to agents—centered on industry-leading economics, ownership opportunities, and access to tools and services that support long-term professional growth. Through disciplined investment in technology, education, and affiliated services, the Company seeks to provide a scalable platform where real estate professionals can grow their businesses and adapt to an evolving real estate marketplace. A core element of the Company's value proposition is its commitment to cooperation, transparency, and consumer-centric practices, which the Company views as essential to a healthy, open real estate marketplace and a key differentiator in attracting and retaining professional agents.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.77B | $4.57B | $4.27B | $4.59B | $3.77B | $1.80B | $979.9M | $500.1M | $156.1M | $53.6M |
| Cost of revenue | — | — | — | — | — | — | — | $459.7M | $139.6M | $46.4M |
| Gross profit | $333.6M | $342.4M | $319.9M | — | — | — | — | $40.4M | $16.5M | $7.1M |
| R&D | $69.6M | $58.2M | $59.5M | $54.2M | — | — | — | — | — | — |
| SG&A | $274.9M | $252.4M | $247.8M | $275.4M | $249.7M | $122.8M | $89.0M | $59.9M | $35.7M | $13.3M |
| Total operating expenses | $355.0M | $361.4M | $319.4M | $4.57B | $3.74B | $1.77B | $988.7M | $522.5M | $178.1M | $60.9M |
| Operating income | -$21.5M | -$19.0M | $522.0K | $16.4M | $34.2M | $31.6M | -$8.8M | -$22.4M | -$22.0M | -$7.4M |
| Interest expense | — | — | — | — | — | — | — | $53.2K | $2.1K | $370 |
| Pre-tax income | -$20.2M | -$15.7M | $3.5M | $15.5M | $33.7M | $31.4M | -$9.1M | -$22.4M | -$22.0M | -$7.4M |
| Income tax | $2.5M | $1.1M | $16.0K | $8.2M | $47.5M | $413.0K | $497.0K | $78.0K | $97.2K | $42.5K |
| Net income | -$22.7M | -$21.3M | -$9.0M | $15.4M | $81.2M | $31.1M | -$9.5M | -$22.4M | -$22.1M | -$7.4M |
| EPS, basic | -0.14 | -0.14 | -0.06 | 0.10 | 0.56 | 0.22 | -0.08 | -0.19 | -0.42 | -0.14 |
| EPS, diluted | -0.14 | -0.14 | -0.06 | 0.10 | 0.51 | 0.21 | -0.08 | -0.19 | -0.42 | -0.14 |
| Shares, diluted (wtd. avg.) | 156.9M | 153.7M | 156.8M | 156.2M | 157.7M | 151.6M | 126.3M | 115.4M | 53.2M | 51.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $124.2M | $113.6M | $169.9M | $121.6M | $175.9M | $127.9M | $47.1M | $23.0M | $5.6M | $2.2M |
| Receivables | $108.8M | $87.7M | $85.3M | $87.3M | $133.5M | $77.0M | $28.2M | $17.4M | $6.9M | $3.0M |
| Total current assets | $304.9M | $268.0M | $266.5M | $255.1M | $319.3M | $212.2M | $78.8M | $42.3M | $13.1M | $5.6M |
| Property, plant and equipment | $13.9M | $11.0M | $12.0M | $18.2M | $15.9M | $7.8M | $5.4M | $2.7M | $1.5M | $538.4K |
| Goodwill | $17.9M | $17.2M | $17.0M | $27.2M | $12.9M | $12.9M | $8.2M | $8.2M | — | — |
| Other intangibles | $4.4M | $6.5M | $7.0M | $8.7M | $7.5M | $8.3M | $2.7M | $2.5M | — | — |
| Total assets | $442.5M | $390.7M | $385.7M | $381.7M | $413.8M | $242.2M | $96.5M | $55.8M | $14.6M | $6.1M |
| Accounts payable | $14.6M | $10.5M | $8.8M | $10.4M | $7.2M | $4.0M | $2.6M | $1.8M | $635.1K | $317.4K |
| Short-term debt | — | — | — | — | — | $1.4M | $916.0K | $974.7K | — | — |
| Total current liabilities | $199.7M | $185.9M | $141.7M | $127.3M | $186.8M | $96.7M | $42.0M | $24.2M | $10.4M | $3.6M |
| Long-term debt | — | — | $20.0K | $4.7M | $2.7M | $2.9M | $1.5M | $1.7M | — | — |
| Total liabilities | $199.7M | $185.9M | $141.7M | $132.7M | $190.3M | $99.6M | $44.3M | $25.9M | $10.4M | — |
| Retained earnings | -$121.6M | -$68.1M | -$16.8M | $20.7M | $30.5M | -$39.2M | -$70.3M | -$60.8M | -$32.6M | -$10.5M |
| Total equity | $242.8M | $204.9M | $244.0M | $249.0M | $223.5M | $142.6M | $52.1M | $30.0M | $4.3M | $2.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $118.6M | $191.5M | $209.1M | $210.5M | $246.9M | $119.7M | $55.2M | $24.3M | $4.6M | $1.0M |
| Depreciation and amortisation | $6.9M | $7.8M | $8.4M | $7.9M | $6.2M | $4.2M | $2.1M | $870.0K | $353.2K | $58.4K |
| Stock-based compensation | — | — | — | — | $13.1M | $6.8M | $5.1M | $4.8M | $11.0M | $5.0M |
| Capital expenditure | $9.6M | $6.5M | $5.4M | $12.1M | $13.4M | $6.4M | $5.0M | $2.1M | $1.3M | $416.7K |
| Investing cash flow | -$23.5M | -$19.5M | -$13.5M | -$22.5M | -$18.9M | -$17.0M | -$6.7M | -$8.9M | -$1.3M | -$416.7K |
| Financing cash flow | -$86.5M | -$170.4M | -$184.1M | -$204.5M | -$179.9M | -$21.9M | -$24.6M | $2.0M | $149.4K | $493.7K |
| Dividends paid | $30.8M | $30.1M | $28.5M | $25.2M | $11.5M | — | — | — | — | — |
| Buybacks | $56.2M | $141.1M | $160.6M | $179.5M | $172.0M | $29.4M | $27.1M | — | $3.6K | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-019145.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $53.6M | $156.1M | $500.1M | $979.9M | $1.80B | $3.77B | $4.59B | $4.27B | $4.57B | $4.77B |
| Gross profit | $7.1M | $16.5M | $40.4M | — | — | — | — | $319.9M | $342.4M | $333.6M |
| Net income | -$7.4M | -$22.1M | -$22.4M | -$9.5M | $31.1M | $81.2M | $15.4M | -$9.0M | -$21.3M | -$22.7M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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