EX-12.1 6 exhibit121s-1.htm EXHIBIT 12.1 Exhibit
Exhibit 12.1

Redfin Corporation
Computation of Ratio of Earnings to Fixed Charges
(unaudited)
 
Year Ended December 31,
 
Three Months Ended March 31, 2018
 
2014
 
2015
 
2016
 
2017
 
 
(in thousands)
Earnings:
 
 
 
 
 
 
 
 
 
Loss before income taxes
$
(25,036
)
 
$
(30,236
)
 
$
(22,526
)
 
$
(15,002
)
 
$
(36,439
)
Interest expense
-

 
-

 
-

 
-

 
-

Assumed interest component of rental expense
953

 
1,382

 
1,937

 
2,611

 
623

Total earnings available for fixed charges
$
(24,083
)
 
$
(28,854
)
 
$
(20,589
)
 
$
(12,391
)
 
$
(35,816
)
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expense
 
 
 
 
 
 
 
 
 
Assumed interest component of rental expense
953

 
1,382

 
1,937

 
2,611

 
623

Total fixed charges
$
953

 
$
1,382

 
$
1,937

 
$
2,611

 
$
623