Douglas Elliman Inc 2024年度报告

☑ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For The Fiscal Year EndedDecember31, 2024 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934_____________________________________________ DOUGLAS ELLIMAN INC. (Exact name of registrant as specified in its charter)_____________________________________________ 1-41054Commission File Number 87-2176850 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporationincorporation or organization) 4400 Biscayne BoulevardMiami,Florida33137305-579-8000(Address, including zip code and telephone number, including area code,of the principal executive offices)_____________________________________________ Securities registered pursuant to Section12(b) of the Act: Name of each exchange on which registered: Securities registered pursuant to Section12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.oYesþNo Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934, as amended (the “Exchange Act”), during the preceding 12months (or for such shorter period that the Registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90days.þYesoNo Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit suchfiles).þYesoNo Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of“accelerated filer and large accelerated filer” in Rule12b-2 of the Exchange Act. ☐Large accelerated filer☑Accelerated filer☐Non-accelerated filer☑Smaller reportingcompany☐Emerging GrowthCompany Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report.þ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b)☐ Indicate by check mark whether the Registrant is a shell company as defined in Rule12b-2 of the Exchange Act.☐YesþNo The aggregate market value of the common stock held by non-affiliates of Douglas Elliman Inc. as of June30, 2024 was approximately $93.0million. At March7, 2025, Douglas Elliman Inc. had88,737,838shares of common stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE: PartIII (Items10, 11, 12, 13 and 14)from the definitive Proxy Statement for the 2025 Annual Meeting of Stockholders to be filed with the Securitiesand Exchange Commission no later than 120days after the end of the Registrant’s fiscal year covered by this report. PARTI Item 1.BusinessItem 1A.Risk FactorsItem 1B.Unresolved Staff CommentsItem 1C.CybersecurityItem 2.PropertiesItem 3.Legal ProceedingsItem 4.Mine Safety Disclosures PARTII Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity SecuritiesItem 6.ReservedItem 7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 7A.Quantitative and Qualitative Disclosures About Market RiskItem 8.Financial Statements and Supplementary DataItem 9.Changes In and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A.Controls and ProceduresItem 9B.Other InformationItem 9C.DisclosureRegarding Foreign Jurisdictions that Prevent Inspections PARTIII Item 10.Directors, Executive Officers and Corporate GovernanceItem 11.Executive CompensationItem 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13.Certain Relationships and Related Transactions, and Director IndependenceItem 14.Principal Accountant Fees and Services PARTIV Item 15.Exhibits and Financial Statement SchedulesItem 16.Form 10-K SummarySIGNATURES PARTI Unless the context requires otherwise, references to “Douglas Elliman,” “Elliman,” “the Company,” “we,” “us” or “our” refersto Douglas Elliman Inc. and its consolidated subsidiaries. Summary Risk Factors Our business is subject to a number of risks and