Real Matters Reports Strong Q3 Earnings with Growth in U.S. Title Segment
Real Matters Inc. (TSE:REAL) reported stronger-than-expected third-quarter results for the period ending June 30, 2026. Consolidated revenue rose by 13% year-over-year to C$51.5 million, with net revenue increasing 15% to C$13.7 million and adjusted EBITDA more than doubling to C$0.7 million. The U.S. Title segment was the primary growth driver, delivering a 70% increase in revenue and an 83% rise in net revenue due to strong refinance activity and new client additions. The company added five new title clients during the quarter, including two channels with Tier 1 lenders. Management is investing heavily in AI technology and preparing for the UAD 3.6 appraisal transition. The U.S. Appraisal segment also saw a modest revenue increase of 14%, though net margins declined due to transaction mix changes. Real Matters ended Q3 with C$40 million in cash, no debt, and continued profitability in its Canadian operations despite softer market conditions.
Tickers: $REAL
Topics: ebitda financial_performance real_matters revenue_growth u.s._title_business