MEA fundamentals

McGrath Ltd. engages in the facilitation of real estate sales, property management services, and complementary services including auction and real estate training, and investment in related services. It operates through the following segments: Company Owned Sales, Company Owned Property Management, Franchise Services, and Other Services and Investments. The Company Owned Sales segment includes property marketing fees paid by vendor clients of the company owned sales. The Company Owned Property Management segment refers to property management fee revenue. The Franchise Services segment focuses on franchise sales offices and Franchise property management for which McGrath earns franchise fees. The Other Services and Investments segment is involved in auction services, training, and events, share of profit from investment in associates, and other network services. The company was founded by John D. McGrath in 1988 and is headquartered in Pyrmont, Australia.