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Colliers International Group (T:CIGI)

Business Focus: Real Estate Services (NEC)

Sector:  Real Estate Industry:  Real Estate Services
Company Contact
Address: 1140 Bay Street, Suite 4000
Tel: N/A
IR: See website
Key People
Jay S. Hennick
Chairman of the Board, Chief Executive Officer
Christian Mayer
Chief Financial Officer
Chris R McLernon
Chief Executive Officer - Real Estate Services
Robert D. Hemming
Senior Vice President, Chief Accounting Officer
Zachary Michaud
Co-Chief Chief Investment Officer
Elias Mulamoottil
Co-Chief Investment Officer
Matthew Hawkins
Vice President - Legal Counsel and Corporate Secretary
Rebecca Finley
Chief Brand and People Officer
Business Overview
Colliers International Group Inc. is a diversified professional services and investment management company. The Company provides commercial real estate professional services and investment management to corporate and institutional clients in approximately 34 countries around the world (66 countries, including affiliates and franchisees). The Company's segments include Americas; Europe, Middle East and Africa (EMEA); Asia and Australasia (Asia Pacific), and Investment Management. The Investment Management segment operates in the Americas and EMEA. Its primary service lines are outsourcing & advisory, investment management, leasing and capital markets. Its outsourcing & advisory services consist of project management, engineering and design, valuation services, property management as well as loan servicing. The capital markets services include real estate sales, debt origination and placement, equity capital raising, market value opinions, acquisition advisory and transaction management.
Financial Overview
For the nine months ended 30 September 2023, Colliers International Group Inc revenues decreased 4% to $3.1B. Net loss totaled $1.9M vs. income of $23.7M. Revenues reflect Americas segment decrease of 16% to $1.75B, Corporate segment decrease of 8% to $367K, United States segment decrease of 9% to $1.73B, Canada segment decrease of 9% to $317.8M, China segment decrease of 14% to $58M.
Employees: 18,450 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $8,857M as of Sep 30, 2023
Annual revenue (TTM): $5,876M as of Sep 30, 2023
EBITDA (TTM): $758.01M as of Sep 30, 2023
Net annual income (TTM): $28.02M as of Sep 30, 2023
Free cash flow (TTM): $200.18M as of Sep 30, 2023
Net Debt Last Fiscal Year: $2,069M as of Sep 30, 2023
Shares outstanding: 47,217,751 as of Oct 2, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization