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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $44.3M, roughly 1.6× Better Home & Finance Holding Co). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -3349.0%, a 3351.0% gap on every dollar of revenue. On growth, Better Home & Finance Holding Co posted the faster year-over-year revenue change (77.4% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-167.8M). Over the past eight quarters, Better Home & Finance Holding Co's revenue compounded faster (41.1% CAGR vs -4.7%).
Bajaj Finance Limited (BFL) is an Indian deposit-taking non-banking financial company (NBFC-UL) headquartered in Pune. It has 110.64 million customers and holds assets under management worth ₹462,250 crore (US$55 billion), as of September 2025.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
BETR vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.3M | $71.1M |
| Net Profit | $-39.9M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | -3376.8% | 13.1% |
| Net Margin | -3349.0% | 2.0% |
| Revenue YoY | 77.4% | -1.8% |
| Net Profit YoY | 32.6% | -75.2% |
| EPS (diluted) | $-2.52 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $44.3M | $71.1M | ||
| Q3 25 | $43.9M | $73.2M | ||
| Q2 25 | $44.1M | $72.8M | ||
| Q1 25 | $32.6M | $74.5M | ||
| Q4 24 | $25.0M | $72.5M | ||
| Q3 24 | $29.0M | $78.5M | ||
| Q2 24 | $32.3M | $78.5M | ||
| Q1 24 | $22.3M | $78.3M |
| Q4 25 | $-39.9M | $1.4M | ||
| Q3 25 | $-39.1M | $4.0M | ||
| Q2 25 | $-36.3M | $4.7M | ||
| Q1 25 | $-50.6M | $-2.0M | ||
| Q4 24 | $-59.2M | $5.8M | ||
| Q3 24 | $-54.2M | $966.0K | ||
| Q2 24 | $-41.4M | $3.7M | ||
| Q1 24 | $-51.5M | $-3.4M |
| Q4 25 | -3376.8% | 13.1% | ||
| Q3 25 | -88.9% | 25.0% | ||
| Q2 25 | -81.9% | 19.3% | ||
| Q1 25 | -154.9% | 7.2% | ||
| Q4 24 | -1428.3% | 5.9% | ||
| Q3 24 | -186.5% | 19.4% | ||
| Q2 24 | -127.6% | 20.6% | ||
| Q1 24 | -230.8% | 5.8% |
| Q4 25 | -3349.0% | 2.0% | ||
| Q3 25 | -89.2% | 5.4% | ||
| Q2 25 | -82.2% | 6.4% | ||
| Q1 25 | -155.3% | -2.6% | ||
| Q4 24 | -1437.5% | 8.0% | ||
| Q3 24 | -187.0% | 1.2% | ||
| Q2 24 | -128.2% | 4.7% | ||
| Q1 24 | -231.4% | -4.3% |
| Q4 25 | $-2.52 | — | ||
| Q3 25 | $-2.56 | — | ||
| Q2 25 | $-2.39 | — | ||
| Q1 25 | $-3.33 | — | ||
| Q4 24 | $-3.92 | — | ||
| Q3 24 | $-3.58 | — | ||
| Q2 24 | $-2.74 | — | ||
| Q1 24 | $-3.41 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $203.4M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $37.2M | $452.4M |
| Total Assets | $1.5B | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.4M | $118.7M | ||
| Q3 25 | $205.8M | $107.5M | ||
| Q2 25 | $221.5M | $94.3M | ||
| Q1 25 | $228.0M | $89.1M | ||
| Q4 24 | $264.9M | $96.6M | ||
| Q3 24 | $262.1M | $83.8M | ||
| Q2 24 | $378.8M | $66.1M | ||
| Q1 24 | $482.6M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $37.2M | $452.4M | ||
| Q3 25 | $41.9M | $448.1M | ||
| Q2 25 | $76.6M | $442.4M | ||
| Q1 25 | $-102.1M | $433.5M | ||
| Q4 24 | $-58.2M | $429.5M | ||
| Q3 24 | $388.0K | $423.1M | ||
| Q2 24 | $44.9M | $418.4M | ||
| Q1 24 | $76.3M | $412.0M |
| Q4 25 | $1.5B | $582.5M | ||
| Q3 25 | $1.4B | $582.2M | ||
| Q2 25 | $1.2B | $574.8M | ||
| Q1 25 | $1.0B | $571.4M | ||
| Q4 24 | $913.1M | $581.6M | ||
| Q3 24 | $845.2M | $578.6M | ||
| Q2 24 | $957.9M | $571.4M | ||
| Q1 24 | $841.6M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-166.6M | $40.9M |
| Free Cash FlowOCF − Capex | $-167.8M | $33.5M |
| FCF MarginFCF / Revenue | -378.6% | 47.1% |
| Capex IntensityCapex / Revenue | 2.7% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-277.9M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-166.6M | $40.9M | ||
| Q3 25 | $4.2M | $17.7M | ||
| Q2 25 | $-56.3M | $4.6M | ||
| Q1 25 | $-57.2M | $5.7M | ||
| Q4 24 | $-380.0M | $59.7M | ||
| Q3 24 | $-10.6M | $17.6M | ||
| Q2 24 | $-220.6M | $15.9M | ||
| Q1 24 | $-42.8M | $9.4M |
| Q4 25 | $-167.8M | $33.5M | ||
| Q3 25 | $4.0M | $16.4M | ||
| Q2 25 | $-56.7M | $2.9M | ||
| Q1 25 | $-57.4M | $4.0M | ||
| Q4 24 | $-383.4M | $53.0M | ||
| Q3 24 | $-11.7M | $16.3M | ||
| Q2 24 | $-221.8M | $14.0M | ||
| Q1 24 | $-43.3M | $6.8M |
| Q4 25 | -378.6% | 47.1% | ||
| Q3 25 | 9.1% | 22.4% | ||
| Q2 25 | -128.5% | 4.0% | ||
| Q1 25 | -176.3% | 5.3% | ||
| Q4 24 | -1534.6% | 73.2% | ||
| Q3 24 | -40.5% | 20.8% | ||
| Q2 24 | -687.6% | 17.8% | ||
| Q1 24 | -194.5% | 8.6% |
| Q4 25 | 2.7% | 10.4% | ||
| Q3 25 | 0.5% | 1.8% | ||
| Q2 25 | 0.9% | 2.2% | ||
| Q1 25 | 0.6% | 2.3% | ||
| Q4 24 | 13.6% | 9.1% | ||
| Q3 24 | 4.1% | 1.7% | ||
| Q2 24 | 3.9% | 2.4% | ||
| Q1 24 | 2.1% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BETR
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
