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Side-by-side financial comparison of High-Trend International Group (HTCO) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

High-Trend International Group is the larger business by last-quarter revenue ($99.4M vs $71.1M, roughly 1.4× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -13.4%, a 15.4% gap on every dollar of revenue. On growth, High-Trend International Group posted the faster year-over-year revenue change (185.2% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $6.5M).

Motor Trend Group, LLC is a media company that specializes in enthusiast brands, such as Motor Trend and Hot Rod. Headquartered in El Segundo, California, it was a subsidiary of the TNT Sports division of Warner Bros. Discovery (WBD) until being sold to Hearst Communications in 2024.

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.

HTCO vs RMAX — Head-to-Head

Bigger by revenue
HTCO
HTCO
1.4× larger
HTCO
$99.4M
$71.1M
RMAX
Growing faster (revenue YoY)
HTCO
HTCO
+187.1% gap
HTCO
185.2%
-1.8%
RMAX
Higher net margin
RMAX
RMAX
15.4% more per $
RMAX
2.0%
-13.4%
HTCO
More free cash flow
RMAX
RMAX
$27.0M more FCF
RMAX
$33.5M
$6.5M
HTCO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
HTCO
HTCO
RMAX
RMAX
Revenue
$99.4M
$71.1M
Net Profit
$-13.3M
$1.4M
Gross Margin
4.0%
Operating Margin
-12.5%
13.1%
Net Margin
-13.4%
2.0%
Revenue YoY
185.2%
-1.8%
Net Profit YoY
-1624.0%
-75.2%
EPS (diluted)
$-3.29

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.

Revenue
HTCO
HTCO
RMAX
RMAX
Q4 25
$71.1M
Q3 25
$73.2M
Q2 25
$99.4M
$72.8M
Q1 25
$74.5M
Q4 24
$72.5M
Q3 24
$78.5M
Q2 24
$34.9M
$78.5M
Q1 24
$78.3M
Net Profit
HTCO
HTCO
RMAX
RMAX
Q4 25
$1.4M
Q3 25
$4.0M
Q2 25
$-13.3M
$4.7M
Q1 25
$-2.0M
Q4 24
$5.8M
Q3 24
$966.0K
Q2 24
$-771.7K
$3.7M
Q1 24
$-3.4M
Gross Margin
HTCO
HTCO
RMAX
RMAX
Q4 25
Q3 25
Q2 25
4.0%
Q1 25
Q4 24
Q3 24
Q2 24
7.0%
Q1 24
Operating Margin
HTCO
HTCO
RMAX
RMAX
Q4 25
13.1%
Q3 25
25.0%
Q2 25
-12.5%
19.3%
Q1 25
7.2%
Q4 24
5.9%
Q3 24
19.4%
Q2 24
0.4%
20.6%
Q1 24
5.8%
Net Margin
HTCO
HTCO
RMAX
RMAX
Q4 25
2.0%
Q3 25
5.4%
Q2 25
-13.4%
6.4%
Q1 25
-2.6%
Q4 24
8.0%
Q3 24
1.2%
Q2 24
-2.2%
4.7%
Q1 24
-4.3%
EPS (diluted)
HTCO
HTCO
RMAX
RMAX
Q4 25
Q3 25
Q2 25
$-3.29
Q1 25
Q4 24
Q3 24
Q2 24
$-0.37
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HTCO
HTCO
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$13.2M
$118.7M
Total DebtLower is stronger
$1.0M
$432.2M
Stockholders' EquityBook value
$21.2M
$452.4M
Total Assets
$41.7M
$582.5M
Debt / EquityLower = less leverage
0.05×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTCO
HTCO
RMAX
RMAX
Q4 25
$118.7M
Q3 25
$107.5M
Q2 25
$13.2M
$94.3M
Q1 25
$89.1M
Q4 24
$96.6M
Q3 24
$83.8M
Q2 24
$3.4M
$66.1M
Q1 24
$82.1M
Total Debt
HTCO
HTCO
RMAX
RMAX
Q4 25
$432.2M
Q3 25
$433.3M
Q2 25
$1.0M
$434.4M
Q1 25
$435.3M
Q4 24
$436.2M
Q3 24
$437.2M
Q2 24
$2.0M
$438.1M
Q1 24
$439.0M
Stockholders' Equity
HTCO
HTCO
RMAX
RMAX
Q4 25
$452.4M
Q3 25
$448.1M
Q2 25
$21.2M
$442.4M
Q1 25
$433.5M
Q4 24
$429.5M
Q3 24
$423.1M
Q2 24
$-5.3M
$418.4M
Q1 24
$412.0M
Total Assets
HTCO
HTCO
RMAX
RMAX
Q4 25
$582.5M
Q3 25
$582.2M
Q2 25
$41.7M
$574.8M
Q1 25
$571.4M
Q4 24
$581.6M
Q3 24
$578.6M
Q2 24
$13.4M
$571.4M
Q1 24
$566.7M
Debt / Equity
HTCO
HTCO
RMAX
RMAX
Q4 25
0.96×
Q3 25
0.97×
Q2 25
0.05×
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
HTCO
HTCO
RMAX
RMAX
Operating Cash FlowLast quarter
$6.5M
$40.9M
Free Cash FlowOCF − Capex
$6.5M
$33.5M
FCF MarginFCF / Revenue
6.6%
47.1%
Capex IntensityCapex / Revenue
0.0%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTCO
HTCO
RMAX
RMAX
Q4 25
$40.9M
Q3 25
$17.7M
Q2 25
$6.5M
$4.6M
Q1 25
$5.7M
Q4 24
$59.7M
Q3 24
$17.6M
Q2 24
$-3.5M
$15.9M
Q1 24
$9.4M
Free Cash Flow
HTCO
HTCO
RMAX
RMAX
Q4 25
$33.5M
Q3 25
$16.4M
Q2 25
$6.5M
$2.9M
Q1 25
$4.0M
Q4 24
$53.0M
Q3 24
$16.3M
Q2 24
$14.0M
Q1 24
$6.8M
FCF Margin
HTCO
HTCO
RMAX
RMAX
Q4 25
47.1%
Q3 25
22.4%
Q2 25
6.6%
4.0%
Q1 25
5.3%
Q4 24
73.2%
Q3 24
20.8%
Q2 24
17.8%
Q1 24
8.6%
Capex Intensity
HTCO
HTCO
RMAX
RMAX
Q4 25
10.4%
Q3 25
1.8%
Q2 25
0.0%
2.2%
Q1 25
2.3%
Q4 24
9.1%
Q3 24
1.7%
Q2 24
2.4%
Q1 24
3.3%
Cash Conversion
HTCO
HTCO
RMAX
RMAX
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

HTCO
HTCO

Segment breakdown not available.

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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