Altus Group reports Q1 2025 Financial Results
Delivers resilient recurring revenue performance and sustained margin expansion in Q1 2025; accelerates pace of share buyback.
Altus Group Limited (ʺAltus Group” or “the Company”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, announced today its financial and operating results for the first quarter ended March 31, 2025.
"Our strong performance in Q1 demonstrates the continued execution of our growth initiatives and our commitment to delivering value to stakeholders," said Jim Hannon, Chief Executive Officer. "We successfully launched Benchmark Manager, signed dozens of asset-based pricing agreements, and achieved significant software bookings growth despite lower CRE transaction volumes year-over-year. Margin expanded across all business units and we improved cash flow, highlighting our operating leverage. In addition, we returned over $76 million to shareholders through buybacks this quarter. We look forward to building on this momentum."
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Key contact
Camilla Bartosiewicz
Chief Communications Officer
Martin Miasko
Sr. Director, Investor Relations & Strategy
Key contact
Camilla Bartosiewicz
Chief Communications Officer
Martin Miasko
Sr. Director, Investor Relations & Strategy
About Altus Group
Altus connects data, analytics, applications and expertise to deliver the intelligence necessary to drive optimal CRE performance. The industry’s top leaders rely on our market-leading solutions and expertise to power performance and mitigate risk. Our global team of ~1,800 experts are making a lasting impact on an industry undergoing unprecedented change – helping shape the cities where we live, work, and build thriving communities. For more information about Altus (TSX: AIF) please visit altusgroup.com.
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