reAlpha Tech Corp. AIRE
are a real estate technology company developing an end-to-end homebuying platform, which we have named reAlpha (hereinafter referred to
as the "reAlpha platform"). Our goal is to offer, through our AI-powered platform, a more affordable, streamlined experience
for those on the journey to homeownership. The reAlpha platform integrates AI-driven tools to offer, among others, tailored property recommendations,
an intuitive visual interface, and certain services, including realty services, mortgage brokering services, and digital title and escrow
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.5M | $948.4K | — | $419.4K | $305.4K | — |
| Cost of revenue | $2.1M | $302.1K | — | $293.2K | $167.2K | — |
| Gross profit | $2.5M | $646.3K | — | $126.2K | $138.2K | — |
| Total operating expenses | $18.5M | $7.5M | — | $5.1M | $5.0M | — |
| Operating income | -$16.0M | -$6.9M | — | -$4.9M | -$4.8M | — |
| Interest expense | $814.7K | $333.8K | — | $169.8K | $177.3K | — |
| Pre-tax income | -$17.6M | -$7.7M | -$1.0M | -$5.5M | -$5.4M | — |
| Income tax | — | $54.3K | — | — | — | — |
| Net income | -$17.6M | -$26.0M | — | -$5.5M | -$5.4M | — |
| EPS, basic | -0.23 | -0.58 | — | -0.13 | — | — |
| EPS, diluted | -0.23 | -0.58 | — | -0.13 | — | — |
| Shares, diluted (wtd. avg.) | 76.3M | 44.6M | — | 40.4M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $7.8M | $3.1M | $6.5M | $1.3M | $2.1M | $598.5K |
| Receivables | $68.1K | $182.4K | $30.6K | $68.1K | $133.8K | — |
| Total current assets | $9.8M | $4.0M | $7.4M | $4.7M | $2.4M | — |
| Property, plant and equipment | $64.6K | $102.6K | $328.5K | $2.2M | $3.8M | — |
| Goodwill | $7.5M | $4.2M | $90.0K | $5.1M | — | — |
| Other intangibles | $4.3M | $3.3M | $998.0K | — | — | — |
| Total assets | $21.7M | $12.0M | $27.4M | $21.1M | $6.9M | — |
| Accounts payable | $306.2K | $655.8K | $431.7K | $412.9K | $81.4K | — |
| Short-term debt | — | — | $190.1K | $7.1M | $8.2M | — |
| Total current liabilities | $3.6M | $4.1M | $2.1M | $7.7M | $12.2M | — |
| Long-term debt | — | — | $247.0K | — | — | — |
| Total liabilities | $9.2M | $10.4M | $2.7M | $7.9M | $12.2M | — |
| Retained earnings | -$56.0M | -$38.3M | -$12.2M | -$11.0M | -$5.5M | — |
| Total equity | $11.5M | $1.6M | $24.7M | $13.2M | -$5.3M | -$27.6K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$11.3M | -$6.0M | — | -$5.0M | -$5.4M | — |
| Depreciation and amortisation | $543.2K | $466.7K | $64.5K | $157.8K | $151.5K | — |
| Stock-based compensation | — | $108.7K | — | — | — | — |
| Capital expenditure | $42.9K | $12.5K | — | — | — | — |
| Investing cash flow | -$1.7M | -$1.6M | — | $1.1M | -$3.4M | — |
| Financing cash flow | $17.7M | $4.3M | — | $3.0M | $10.3M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-026653.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $305.4K | $419.4K | — | $948.4K | $4.5M |
| Gross profit | — | $138.2K | $126.2K | — | $646.3K | $2.5M |
| Net income | — | -$5.4M | -$5.5M | — | -$26.0M | -$17.6M |
Recent filings and events
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Unregistered share sale Item 3.02
- Other event Item 8.01
- Restructuring or exit costs A restructuring: layoffs, a plant closure, a business being wound down. Item 2.05
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6500
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| CBRE | CBRE GROUP, INC. | $35.70B | 32.0x | 13.4% |
| TRNO | Terreno Realty Corp | $7.10B | 16.7x | 24.5% |
| CIGI | Colliers International Group Inc. | $4.72B | 46.0x | 15.3% |
| MRP | Millrose Properties, Inc. | $3.96B | 9.8x | — |
| CURB | Curbline Properties Corp. | $3.05B | 78.0x | 51.3% |
| CWK | Cushman & Wakefield Ltd. | $2.78B | 31.1x | 8.9% |
| UE | Urban Edge Properties | $2.44B | 26.1x | 6.1% |
| GTY | GETTY REALTY CORP /MD/ | $1.73B | 20.7x | 9.0% |