AGNTAGNT, Inc.

Real Estate Agents & Managers (for Others)

Revenue: $4.8B; 4.5% YoY
Operating margin: -0.4%; 8.2% YoY
EBITDA: −$15M; 31% YoY
Market cap: $648M
Employees: 1,834; $3M revenue each
Net debt / EBITDA: —; −$111M net debt
AI in 10-K: 2.9; mentions per 10K words

Takeover score 2 of 13

Fixable underperformance 0 of 7

TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
—
Cash flow under 80% of net income
Dilutive SBCNo
0% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
73% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
5% of assets
Over 40% of assets
Shareholder dissentNo
99% lowest support
Any vote under 80% support

Buyer economics 1 of 4

Low revenue per employeeNo
$3M · 67th pct
Bottom quartile of its SIC industry
Quiet on AINo
2.9 per 10K words · 68th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
—
More cash than debt, positive EBITDA
Buyout-sizedYes
$648M market cap
Market cap $500M–$5B

Catalysts 1 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingYes
−$34M net
Net sales over $10M in 12 months

Financials

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY	Trend
Revenue	$3.8B	$4.6B	$4.3B	$4.6B	$4.8B	4.5%
Operating income	$34M	$16M	$522K	−$19M	−$21M	13%
Net income	$81M	$15M	−$9M	−$21M	−$23M	6.8%
Operating cash flow	$247M	$211M	$209M	$192M	$119M	38%
Capex	$13M	$12M	$5M	$6M	$10M	48%
Stock-based comp	$13M	—	—	—	—
Buybacks	$172M	$179M	$161M	$141M	$56M	60%
Dividends	$12M	$25M	$29M	$30M	$31M	2.2%

Deal filings

None.

13D filers

Filed	Filer	Form	Stake	Intent
Sep 8, 2026	Gratitude 2022 Trust U/A/D 8/26/22	SCHEDULE 13D	10.8%	Passive
Sep 8, 2026	SANFORD PENNY	SCHEDULE 13D/A	0.0%	Passive
Feb 19, 2026	Sanford Glenn Darrel	SCHEDULE 13D/A	25.7%	Passive
Feb 19, 2026	SANFORD PENNY	SCHEDULE 13D/A	16.5%	Passive
Mar 4, 2025	SANFORD PENNY	SCHEDULE 13D	17.4%	Passive
Mar 4, 2025	Sanford Glenn Darrel	SCHEDULE 13D	27.2%	Passive
Feb 19, 2025	Sanford Glenn Darrel	SCHEDULE 13D/A	44.8%	Passive
Jan 12, 2024	Sanford Glenn Darrel	SC 13D/A	45.7%	Passive
Jul 31, 2023	Sanford Glenn Darrel	SC 13D/A	47.7%	Passive
Nov 2, 2022	Sanford Glenn Darrel	SC 13D/A	51.7%	Passive

Insider trading

Open-market buys, 12 mo: $0 · 0
Open-market sells, 12 mo: $34M · 4
Net: −$34M

Pay vs performance

No pay-versus-performance disclosure yet.