good everyone. afternoon, Thanks, and Matt,
Turning to Slide X.
about solid year long-term continue strong Frontdoor's remain another foundation vision. optimistic extremely as a we delivered success, and team we for build to Our
broader half the us home us to there's Before would The our to roughly is $XXX at ahead incredible services repair opportunity of I why and ground take a of objectives, believe near-term market on comprising Frontdoor. billion, all with roughly opportunity. like review moment I industry we maintenance
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mitigate businesses, walking new through we that all pressures approach this our to think across secret no look are it's help but forward real reality. inflationary to I
of our direct-to-consumer outlook. lineup, last quarter target third of offset XXXX we EBITDA Additional of specifically also launching much pressures, the second the improvements when or operational $XX year on driving exceeded that highlights our new ProConnect include our revenue million overdelivering product in external and but DTC help adjusted
step sustainability in of the expanding first an our in investor instrumental strong in This increasing to company's our proud example governance report. our efforts, members our and evolving all commitment are Lastly, thank enhancing initiatives social environment, I'd is like of to our the transparency first practices. launch team of it. the who a producing I'm
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of X XXXX. five top objectives review our Slide Now turning to for in a
focused our business. home are in growth increasing we service on demand First, plan core
delivery Second, we experience to customer retention, and are which looking to advance the us our customer service requires rethink service strategy. increase
to business the build working our our as commercial further inflation. our business continue offering core hard digital be going our we're and fifth, objectives team with foundation as And transformation. expand will team processes, will strengthen ProConnect to to transformation adjust continue to advance increase future. prices Fourth, dynamically leverage technology in to our customers. our to third-party is for a the making that strong Third, support depth our The well our to rising cost technology digital progress address and scale of Streem of utilization
improvements top about to some business report green our deeper talked the is dive outlined that of call. pleased last priorities Slide showing the am some I our from shoots we just earnings into I DTC Let's on on X.
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marketing into focus on new diversifying spend to continue our mediums. We
costs our efforts help optimize these of acquisition also Some customer improving advertising will by effectiveness. us
machine in our expanding efforts platform optimizing well as partnerships. to and as also homebuyers sales invest digital insurance diversifying adding by our marketing aggressively further are our and e-commerce improve DTC mix And we conversion mortgage to continue science and recent learning. demand we funnel utilizing including data Additionally, to finally,
time. We expect these new and over small commercial grow partnerships then to start
estate In million pool which our market. creates real home hit XX-year result a been large Turning where XXXX, existing services we sellers sold, channel, of to. seeing high as a to sales to X.X volatility plans units the sell homes of unprecedented have a home of
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sales XXXX, For in a homes. X% forecasting to NAR X approximately existing home is decline million
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abundance We updating of an over rise opportunity see modernize year on benefit and our time. infrastructure investments is are There year. quarters. some to the improve gradual next and scalability. This to technology to expect platforms and additional to of also these you efforts the availability in meaningfully expected this And making we technology is our improvement of a several progress look our this to I advance forward over
a extensive market on-demand actions in businesses Slide XXXX. $XX in ProConnect to Now We million Uber leader new to turning a to ProConnect X with in review SmartHop. brought our experience grow as and of such in tech-enabled for revenue
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and home of solutions a homeowners Our become will vision for when go and they that a tap with maintenance ProConnect timely button, rated at of be their they'll their At fees. in is any service highly vetted one-stop looking issues for shop in a top on-demand to manner they're professionals, to a fair resolve repair to to price. experts solving the access have quality will
Let expand million $XX target on we're on me how this revenue achieving our year. planning
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within be on to the in reasons going we'll come the services maintenance frequent basis. XX more order Specifically, give to platform to more by deeper back laser-focused adding customers We'll HVAC and markets. do upgrades a this on top
work intentionally and we and significant the our our base. on moving growth increasing front improving our opportunities We more cross-selling front There marketing in we foundation. by brands do leveraging have is greenfield of a can among marketing efficiency, strengthen our to opportunity are us, contractor further
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our the customer With the capture opportunity making, are the accelerate improvements we the will am deliver every experience and to process possible and I we optimistic best that to journey time.
in our use and customers, technology have acquiring roughly as XXXX, in diagnosis by and sessions We Streem for the engage change completed especially utilization great as partners catalyst on XXXX, environmental customer during integrating focus and we service interact home was Externally, Slide core increase how on Streem business Streem improve service are use to well business digital-first our which plan into objectives we service and our vision. up by home service we our turning and looking response to to that XX training and to request. way expanding customer are the efforts this service internal plan focused the experience adoption year our with These Internally, contractors Streem both offer improve for AR-enriched across they Now external. time to XX% our and are service, contracting are of calls are primarily AR our our more around primary in and reason further for using for improve XXX,XXX usage virtual as contractor to impact. a requests. appliance agents driving our Streem it to over
model. multiyear On Another business our enterprise for be model we benefit with this the It of lifetime on small that SaaS this business that a is a base. are we are allow that land-and-expand also but to focused value it's business a has contracts expanding potential growing higher front, customer monetizing.
changed, we hassle and larger reach mission reimagining We that in Star continues robust being increased example, repair have will homeownership. to and our our a opportunity enabler the long-term billion to the coming has category. commerce penetration we In focus the North recently and strongly on in repair For home release spatial home maintenance deepen and Lowe's believe Streem announced services months. a product that industry remove our as not $XXX services home to home the pursue closing, from the on-demand Lowe's in
actions sustainable over to right growth performance drive the that will taking and future. a now are foundation Brian. I'll call strong in turn Brian? financial We the to improved build the long-term drive
