Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; originates and sells mortgages; and buys and sells homes. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.

Redfin Corporation

Diamondback Investment Group excels in acquiring, entitling, developing, leasing, and managing assets with an analytical and entrepreneurial approach.

Diamondback Investment Group, LLC

Groma is a real estate technology platform that acquires, modernizes, and operates small to medium-sized multifamily residential buildings in urban areas. The platform targets the Modern Urban Rental asset class to improve tenant experience and boost investor returns.

Groma

Lightstone is a real estate company involved in development, investment, and property management across various sectors including multifamily, hospitality, commercial, and life sciences. It focuses on creating long-term value for its stakeholders and communities.

Lightstone

Join the future of real estate!

Redfin got its start inventing map-based search. Today, we’re a technology-powered real estate broker, lender, title insurer, and renovations company. We serve more than 95 markets across the U.S. and Canada and employ over 4,100 people.

In 2021, we acquired RentPath which operates leading rental sites including ApartmentGuide.com, Rent.com, and Rentals.com. Combined with RentPath, we can now be a destination for all North American consumers looking for a home.

From the technology we build to the real estate services we provide, every Redfinnian plays a part. Whether you’re starting your career, perfecting your skills, or changing gears, there’s a place for you at Redfin.

California DRE #01521930

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Redfin

As part of our commitment to creating a diverse, equitable, and inclusive work environment, our CEO Glenn Kelman reports on the diversity of our employees every year.

Looking back at 2022, we’re encouraged by an increasing number of people of color in management positions and a higher percentage of women in technical roles compared to the industry. There’s more to do this year and we’re eager to keep making Redfin a better place to work.

Daily average mortgage rates are below 7% for the first time since July 📉 

That comes after the Fed held interest rates steady yesterday and forecasted three rate cuts in 2024, instead of two 👉 bit.ly/3RqH8tI

#realestate #mortgagerates #housingmarket

In San Diego and Orange County, Redfin agents now get the best of both worlds: a big traditional split on their own deals coupled with our customers, benefits and support.

#realestateindustry #realestateagent #hiring

With just a click, you can now virtually redesign the floors, countertops, and walls of Redfin listings ✨🏠 Well, we know where our free time is going.

Learn more about how our partnership with Roomvo and Bright MLS brought Redfin Redesign to life:: bit.ly/3GAW17T

#realestate #ai #homedesign

We predict 2024 will be the year homebuyers catch a break as home prices and mortgage rates fall while listings rise 👉 bit.ly/3Rtxesz

#housingmarket #realestate #mortgagerates

Finally, some good news 🙌 🏡 

Mortgage rates dip and new listings post the biggest uptick in over two years 👉 bit.ly/3uGWuma

#realestate #housingmarket #mortgagerates

Home sellers gave concessions to buyers in 35% of U.S. home sales during the three months ending October 31. #realestate

"In the last several weeks it's become better for buyers because mortgage rates have come down and new listings have been increasing," says our Chief Economist Daryl Fairweather, PhD

Hear more from Daryl about today’s housing market and what’s to come in the new year. 

#housingmarket #mortgagerates

"I love Redfin and I believe in it more than ever," says our CEO Glenn Kelman.

Hear more from Glenn about the launch of Redfin Max, the decision to disassociate from NAR, and his commitment to Redfin agents and customers 👉 bit.ly/40RXZKh

#realestateindustry #housing #leadership

During the season of Thanksgiving and every season in between, you’re always the reason we’re grateful ❤️

Metric
Company Name	Redfin Corporation	Diamondback Investment Group, LLC	Groma	Lightstone
Symbol	RDFN
MSH ID	COM:REDFIN	COM:DIAMONDBACKINVESTMENTGROUP	COM:GROMA	COM:LIGHTSTONEGROUP
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Real Estate	Real Estate	Real Estate	Real Estate
Industry	Real Estate - Services	Real Estate Development	Real Estate Investment	Real Estate Development & Investment
Country	US	US	US	US
Stage			Venture Round	Debt Financing
Employee Count	4.69K
Website	redfin.com	diamondbackinvestmentgroup.com	groma.com	lightstonegroup.com
LinkedIn	redfin		gromabiz	lightstone-group
Founders

Metric
Market Cap	770.59M
Enterprise Value
Monthly Web Traffic	57		5.46K
Web Traffic Growth			0.25
Valuation
Raised Capital		1.00M	175M

Metric
Revenue	976.67M
Revenue (LTM)
Revenue (NTM)
Gross Profit	329.82M
EBITDA	-131.09M
Operating Income	-210.12M
Net Income	-130.03M
EPS	-1.15
Diluted EPS	-1.15
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.33
Operating Profit Margin	-0.16
EBITDA Margin	-0.13
Net Profit Margin	-0.12
Return on Equity	-2.62
Return on Assets	-0.11
Return on Capital Employed	-0.20

COM:REDFIN

Redfin Corporation

Last Close

8.16

22/11 21:00

Market Cap

770.59M

Beta: -

Volume Today

8.42M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-5.48
P/B Ratio	20.26
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.74
EV Multiple	1.41

Metric
Days Sales Outstanding	14.90
Days Payables Outstanding	4.14
Days Inventory Outstanding
Operating Cycle	27.35
Cash Conversion Cycle	21.03
Asset Turnover	0.92

Metric
Operating Cash Flow	54.42M
Free Cash Flow	42.36M
Cash Flow to Debt	0.06
Operating Cash Flow/Sales	0.05
Free Cash Flow Yield	0.29

Metric
Cash & Equivalents	151M
Accounts Receivable	3.29M
Inventory
Goodwill	461.35M
Debt to Capitalization	1.09
Debt to Assets	0.87
Current Ratio	1.59
Quick Ratio	1.49

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.05
R&D to Revenue	0.14
SG&A to Revenue	0.19