FirstService Corporation

FirstService Corporation provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. Its business is organized into two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment operates as a full-service property manager, offering ancillary services such as on-site staffing for building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel, as well as proprietary banking and insurance products, and energy conservation and management solutions. This segment serves condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and residential developments governed by common interest or multi-unit residential community associations. The FirstService Brands segment provides property services through company-owned operations and franchise systems under brands like First Onsite Property Restoration, Paul Davis Restoration, Roofing Corp of America, Century Fire Protection, California Closets, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors.

FirstService Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol FSV. The company trades in US Dollars (USD). As a Canadian company with a US listing, its financial reporting and stock price are denominated in USD, making it accessible to investors in the United States and globally.

FirstService Corporation operates in the Real Estate sector, specifically within the Real Estate Services industry. This means the company provides services related to property management, maintenance, restoration, and other essential services for residential and commercial properties, rather than directly owning or developing real estate. Its focus is on serving property owners and associations through management and specialized contracting services.

FirstService Corporation operates in the United States and Canada. Its FirstService Residential segment manages properties across both countries, serving condominiums, co-operatives, homeowner associations, and other community associations. The FirstService Brands segment also serves residential and commercial customers throughout North America via company-owned operations and franchise systems. While the company is headquartered in Canada, its primary markets are in the US and Canada.

FirstService generates revenue through two main segments. The FirstService Residential segment earns fees from property management contracts and ancillary services such as on-site staffing, amenity management, security, concierge, and energy solutions, as well as from proprietary banking and insurance products. The FirstService Brands segment generates revenue from property services like restoration (water, fire, mold), roofing, fire protection, custom closets, painting, flooring, and home inspections, delivered through company-owned operations and franchise systems. This diversified model provides recurring income from management contracts and project-based revenue from specialty services.