UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38617 ____________________________________ ...

First-Quarter 2023 Earnings Webcast frontdoor. May 4, 2023 2 Chairman & Chief Executive Officer Senior Vice President & Chief Financial Officer Vice President Investor Relations & Treasurer This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, projected future performance and any statements about Frontdoor's plans, strategies and prospects ...

Operator Our next question comes from Jeff Schmitt of William Blair. Jeff Schmitt What percentage of parts and equipment is front door sourcing now versus before the pandemic? And how much is that helping on the reduce sort of claims cost or inflation? Can you put any numbers behind that? Bill Cobb Yes, we're digging that number out for you right now, Jeff. Jeff Schmitt And then one on -- yes, we can get -- come back to that. Jessica Ross Jeff Schmitt Bill Cobb So on the contractor piece, I believe the numb ...

公司业绩 - Frontdoor 是美国领先的家庭服务计划提供商，截至2023年3月31日，拥有210万活跃家庭服务计划[48] - 2023年第一季度，Frontdoor 实现了3.67亿美元的营收，2200万美元的净利润和5400万美元的调整后的EBITDA[48] - 2023年第一季度，公司营收为3.67亿美元，同比增长4%[65] - 续约业务收入为2.78亿美元，同比增长13%[66] - 2023年第一季度，公司净利润为2,200万美元，同比增长*%[67] - 截至2023年3月31日，公司家庭服务计划数量为2.09亿，同比减少4%[68] - 2023年第一季度，公司服务成本为1.97亿美元，同比减少5%[69] - 销售和行政费用为1.25亿美元，与2022年同期持平[70] - 折旧费用为800万美元，较2022年同期增长[71] - 摊销费用为100万美元，较2022年同期减少[72] - 2023年第一季度，公司利息支出为1,000万美元，较2022年同期增长42%[74] - 2023年第一季度，运营活动净现金流为6千万美元，较2022年同期增长27%[84] - 2023年第一季度，投资活动净现金流为8百万美元，与2022年同期持平[86] - 2023年第一季度，融资活动净现金流为7百万美元，较2022年同期减少85%[88] - 2023年第一季度，自由现金流为5.2亿美元，较2022年同期增长33%[90] - 2023年第一季度，资本支出为8百万美元，主要用于信息系统和技术项目[87] - 2023年第一季度，股东权益总额为8300万美元，较2022年底增长36%[93] 业务影响因素 - 当前宏观经济条件，包括通货膨胀、全球供应链挑战、COVID-19疫情持续以及银行系统不稳定等，可能对Frontdoor 的业务产生不利影响[49] - Frontdoor 在季节性波动中，夏季HVAC工单数量较多，2022年各季度的营收分别占比21%、29%、29%和21%[54] - 天气条件会影响Frontdoor 的服务需求和运营结果，极端温度可能导致家庭系统维修请求增加，而温和天气可能导致维修频率降低[55] - 美国关税和进出口法规的变化可能影响部件、电器和家庭系统的成本，对Frontdoor 的业务造成不利影响[57] - Frontdoor 在美国家庭服务计划领域和更广泛的家庭服务行业中竞争激烈，主要竞争方式包括服务质量、合同优惠、品牌知名度、客户满意度等[58] - Frontdoor 预计家庭服务计划领域的高度分散性将继续为收购提供战略机会，以实现成本效益和扩大服务范围[59] - Frontdoor 使用调整后的EBITDA和自由现金流等非GAAP财务指标来衡量业绩，以便投资者和分析师评估公司业务表现[60]

公司业务及市场规模 - 美国家庭服务行业估计总收入为5000亿美元，其中维修和维护部门的收入约为1000亿美元[12] - 美国家庭服务计划类别目前约占40亿美元，美国有128万户家庭，其中约有6百万户（占4%）购买了家庭服务计划[12] 公司市场地位及竞争优势 - 公司是美国家庭服务计划类别的领导者，拥有行业领先的品牌知名度和高质量的客户服务[13] 销售与营销策略 - 公司通过多渠道的销售和营销方法，利用复杂的消费者分析，以了解客户在购买家庭服务时的关键决策点[14] - 公司通过房地产和直销渠道获取新的家庭服务计划客户，实现可预测和稳定的收入来源[15] 管理团队及战略规划 - 公司拥有资深的管理团队，致力于推动增长和盈利能力，通过激励高级管理层实现长期业务成功[15] - 公司计划通过增加家庭服务计划渗透率，提供卓越的客户体验，扩大独立承包商网络和数字创新来实现盈利增长[16] 服务承包商网络及服务内容 - 公司专注于发展高质量的全国性承包商网络，利用动态定价和数字创新来提供高质量的即时家庭服务[17] - 公司通过提供即时家居服务，为现有客户和新客户提供额外服务，包括预季HVAC调整和锁匙重新配对服务[18] 销售渠道及客户续约率 - 公司在直接消费者渠道的客户续约率为74%，2022年该渠道的收入为2.19亿美元[21] - 公司在续约渠道的客户续约率为78%，2022年该渠道的收入为12.03亿美元[21] 法律法规合规 - 公司受到各种联邦、州和地方法律法规的监管，涉及消费者保护、不公平和/或欺诈性贸易行为、服务合同、家庭服务计划等多个方面[31] 资金管理及利率风险 - 公司通过利用浮动利率和固定利率债务以及利用利率互换来管理利率风险[144] - 公司认为利率波动对其整体经营业绩可能产生重大影响，每个百分点的利率变动将导致其在Term Loan Facilities上的年度利息支出约300万美元的变化[144]

frontdoor. Third-Quarter 2022 Earnings Webcast November 3, 2022 Today's Speakers Bill Cobb Chairman & Chief Executive Officer Brian Turcotte Senior Vice President & Chief Financial Officer Matt Davis Vice President Investor Relations & Treasurer 2 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, projected fu ...

Frontdoor, Inc. (NASDAQ:FTDR) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET Company Participants Matthew Davis - VP, IR & Treasurer William Cobb - CEO & Chairman Brian Turcotte - SVP & CFO Conference Call Participants Isaac Sellhausen - Oppenheimer Aaron Kessler - Raymond James & Associates Jeffrey Schmitt - William Blair & Company Cory Carpenter - JPMorgan Chase & Co. Eric Sheridan - Goldman Sachs Brian Fitzgerald - Wells Fargo Securities Justin Patterson - KeyBanc Capital Markets Operator L ...

Frontdoor, Inc. (NASDAQ:FTDR) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Matt Davis - Vice President, Investor Relations and Treasurer Bill Cobb - Chairman and CEO Brian Turcotte - Chief Financial Officer Conference Call Participants Ian Zaffino - Oppenheimer Youssef Squali - Truist Securities Justin Patterson - KeyBanc Eric Sheridan - Goldman Sachs Brian Fitzgerald - Wells Fargo Operator Ladies and gentlemen, welcome to Frontdoor's Second Quarter 2022 Earnings Call. [Op ...

frontdoor. Second-Quarter 2022 Earnings Webcast August 4, 2022 Today's Speakers Bill Cobb Chairman & Chief Executive Officer Brian Turcotte Senior Vice President & Chief Financial Officer Matt Davis Vice President Investor Relations & Treasurer 2 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, projected fut ...

frontdoor. First-Quarter 2022 Earnings Webcast May 5, 2022 Today's Speakers Rex Tibbens President & Chief Executive Officer Brian Turcotte Senior Vice President & Chief Financial Officer Matt Davis Vice President Investor Relations & Treasurer 2 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, projected futu ...