What was the net loss for Corcoran in 2022?

According to Corcoran's 2025 Franchise Disclosure Document, the net loss for the year ended December 31, 2022, was $$(283) million. This figure represents the overall loss Corcoran experienced after accounting for all revenues, expenses, and other relevant financial adjustments during that fiscal year.

For a prospective franchisee, understanding Corcoran's historical net losses is crucial for assessing the financial stability and performance of the company. While a single year's loss doesn't necessarily indicate long-term problems, it's important to consider the trend over multiple years. The FDD also shows net losses of $$(98) million in 2023 and $$(127) million in 2024, indicating a continuing trend of losses.

It is important to investigate the reasons behind these losses. The document provides additional context by listing adjustments made to reconcile the net loss to net cash used in operating activities, such as depreciation, amortization, deferred income taxes, and impairments. Understanding these adjustments can provide a clearer picture of the underlying factors contributing to the net loss and whether they are likely to persist in the future. A potential franchisee should discuss these figures with Corcoran to understand the reasons for the losses and the plans to address them.