Bridgemarq Real Estate Elects Board, Reports Strong Q1 Revenue Growth Canada

Bridgemarq Real Estate Services reported strong first-quarter financial results for 2025, with revenue rising sharply to $78.0 million from $11.9 million in the same period of 2024, largely driven by acquisitions of brokerage businesses completed in 2024. The company announced a monthly dividend, signaling improved financial health, and generated net earnings of $6.0 million compared to a net loss in the prior year. At its annual shareholders meeting, Bridgemarq elected new directors to its board and approved Ernst & Young LLP as external auditors, along with a stock option plan designed to align employees' interests with those of shareholders. Despite these positive developments, the company faces challenges including financial instability and negative equity, which affect its valuation and overall rating. Analysts have assigned a Buy rating with a price target of C$17.00, though TipRanks’ AI Analyst rates the stock as Neutral due to concerns about financial leverage and mixed earnings sentiment. Bridgemarq continues to operate a large network of approximately 21,000 REALTORS® across Canada under well-known brands like Royal LePage® and Via Capitale®, positioning itself for continued growth amid a national decline in real estate transactions.