Real Brokerage (REAX) Financials

$4.13 +0.02 (+0.49%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$4.12 -0.01 (-0.36%)

As of 05/23/2025 04:35 PM Eastern

Annual Income Statements for Real Brokerage

This table shows Real Brokerage's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net Income / (Loss) Attributable to Common Shareholders	-27	-28	-21	-12	-3.62
Consolidated Net Income / (Loss)	-26	-27	-20	-12	-3.62
Net Income / (Loss) Continuing Operations	-26	-27	-20	-12	-3.62
Total Pre-Tax Income	-26	-27	-20	-12	-3.62
Total Operating Income	-25	-26	-20	-11	-2.65
Total Gross Profit	115	63	32	11	2.15
Total Revenue	1,265	689	382	122	17
Operating Revenue	1,265	689	382	122	17
Total Cost of Revenue	1,150	626	350	111	14
Operating Cost of Revenue	1,150	626	350	111	14
Total Operating Expenses	140	89	52	22	5.80
Selling, General & Admin Expense	61	43	24	11	3.66
Marketing Expense	57	39	23	7.81	0.91
Research & Development Expense	12	7.36	4.87	3.98	0.41
Other Special Charges / (Income)	9.25	0.00	-	-	-
Total Other Income / (Expense), net	-1.23	-1.21	-1.17	-0.41	0.03
Other Income / (Expense), net	-1.23	-1.21	-1.17	-0.41	0.17
Net Income / (Loss) Attributable to Noncontrolling Interest	0.09	0.29	0.24	0.00	-
Basic Earnings per Share	($0.14)	($0.15)	-	($0.07)	-
Weighted Average Basic Shares Outstanding	191.17M	178.13M	178.20M	170.48M	-
Diluted Earnings per Share	($0.14)	($0.15)	($0.12)	($0.07)	($0.04)
Weighted Average Diluted Shares Outstanding	191.17M	178.13M	178.20M	170.48M	101.85M
Weighted Average Basic & Diluted Shares Outstanding	202.50M	183.61M	178.20M	170.48M	-

No quarterly income statements for Real Brokerage are available.

This table details how cash moves in and out of Real Brokerage's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net Change in Cash & Equivalents	19	9.28	-11	7.68	21
Net Cash From Operating Activities	49	19	6.00	1.68	21
Net Cash From Continuing Operating Activities	49	19	1.83	2.04	21
Net Income / (Loss) Continuing Operations	-26	-27	-20	-12	0.00
Consolidated Net Income / (Loss)	-26	-27	-20	-12	-
Depreciation Expense	1.40	1.13	0.33	0.21	0.09
Non-Cash Adjustments To Reconcile Net Income	65	45	16	4.60	21
Changes in Operating Assets and Liabilities, net	8.76	0.38	5.54	8.91	-
Net Cash From Investing Activities	3.81	-6.63	-9.05	-1.27	0.00
Net Cash From Continuing Investing Activities	3.81	-6.63	-9.56	-1.27	0.00
Purchase of Property, Plant & Equipment	-1.05	-0.63	-	-	-
Other Investing Activities, net	4.85	-6.00	-	-	-
Net Cash From Financing Activities	-33	-3.06	-7.85	7.27	0.00
Net Cash From Continuing Financing Activities	-33	-3.06	-7.85	14	0.00
Repurchase of Common Equity	-36	-2.87	-	-	-
Payment of Dividends	-0.30	-0.34	-0.02	0.00	-
Other Financing Activities, net	3.44	0.14	0.27	27	-

No quarterly cash flow statements for Real Brokerage are available.

This table presents Real Brokerage's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	87	65	44	40	22
Total Current Assets	73	51	28	39	22
Cash & Equivalents	23	15	11	26	21
Restricted Cash	24	13	7.48	3.31	0.05
Short-Term Investments	9.45	14	-	-	-
Accounts Receivable	14	6.50	1.62	0.28	0.34
Prepaid Expenses	1.65	2.13	0.53	0.45	0.09
Plant, Property, & Equipment, net	2.12	1.60	1.35	0.17	0.01
Total Noncurrent Assets	12	12	22	9.97	0.19
Goodwill	8.99	8.99	10	0.60	0.00
Intangible Assets	2.58	3.44	3.71	0.45	0.00
Total Liabilities & Shareholders' Equity	87	65	44	40	22
Total Liabilities	54	27	21	13	1.11
Total Current Liabilities	54	27	21	12	0.96
Accounts Payable	1.37	0.57	1.66	0.09	0.88
Accrued Expenses	26	13	12	8.82	-
Customer Deposits	24	13	7.48	-	-
Other Current Liabilities	3.05	0.30	0.10	0.09	0.09
Total Noncurrent Liabilities	0.00	0.27	0.24	0.68	0.15
Other Noncurrent Operating Liabilities	0.00	0.27	0.24	0.64	-
Commitments & Contingencies	0.00	0.00	-	-	-
Total Equity & Noncontrolling Interests	32	37	22	27	21
Total Preferred & Common Equity	32	37	22	27	5.98
Total Common Equity	32	37	-66	-43	-18
Common Stock	139	116	-	-	-
Retained Earnings	-105	-78	-51	-30	-18
Treasury Stock	-2.46	-0.26	-15	-13	0.00
Accumulated Other Comprehensive Income / (Loss)	0.71	-0.17	-	-	-
Noncontrolling Interest	-0.00	0.21	0.26	0.00	15

No quarterly balance sheets for Real Brokerage are available.

This table displays calculated financial ratios and metrics derived from Real Brokerage's official financial filings.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Growth Metrics	-	-	-	-	-
Revenue Growth	83.50%	80.18%	214.33%	634.83%	0.00%
EBITDA Growth	3.95%	-27.80%	-78.03%	-380.35%	0.00%
EBIT Growth	2.80%	-30.14%	-79.07%	-371.31%	0.00%
NOPAT Growth	3.01%	-31.72%	-75.27%	-325.77%	0.00%
Net Income Growth	2.80%	-33.84%	-74.12%	-222.54%	0.00%
EPS Growth	6.67%	-25.00%	-71.43%	-75.00%	0.00%
Operating Cash Flow Growth	156.79%	216.55%	256.00%	-92.06%	0.00%
Free Cash Flow Firm Growth	113.47%	2.19%	-2,688.85%	0.00%	0.00%
Invested Capital Growth	-416.82%	-26.00%	49.85%	-2,198.48%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	9.07%	9.12%	8.35%	9.12%	13.01%
EBITDA Margin	-1.98%	-3.79%	-5.34%	-9.42%	-14.42%
Operating Margin	-1.99%	-3.77%	-5.16%	-9.26%	-15.98%
EBIT Margin	-2.09%	-3.95%	-5.47%	-9.60%	-14.96%
Profit (Net Income) Margin	-2.09%	-3.95%	-5.32%	-9.60%	-21.87%
Tax Burden Percent	100.00%	100.00%	100.75%	100.00%	100.00%
Interest Burden Percent	100.00%	100.00%	96.51%	100.00%	146.13%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-76.42%	-91.48%	-82.30%	-48.86%	-17.41%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-35.00%	-50.26%	-49.94%	-37.73%	-11.31%
Return on Assets (ROA)	-35.00%	-50.26%	-48.56%	-37.73%	-16.53%
Return on Common Equity (ROCE)	-76.20%	44.99%	181.94%	62.93%	15.44%
Return on Equity Simple (ROE_SIMPLE)	-82.29%	-73.81%	-91.80%	-43.25%	-60.55%
Net Operating Profit after Tax (NOPAT)	-18	-18	-14	-7.89	-1.85
NOPAT Margin	-1.40%	-2.64%	-3.61%	-6.48%	-11.19%
Net Nonoperating Expense Percent (NNEP)	-17.80%	-26.46%	-21.42%	-13.61%	-8.37%
Return On Investment Capital (ROIC_SIMPLE)	-54.94%	-49.10%	-	-	-
Cost of Revenue to Revenue	90.93%	90.88%	91.46%	90.88%	86.99%
SG&A Expenses to Revenue	4.83%	6.23%	6.32%	8.69%	22.09%
R&D to Revenue	0.96%	1.07%	1.27%	3.27%	2.45%
Operating Expenses to Revenue	11.07%	12.90%	13.52%	18.38%	35.04%
Earnings before Interest and Taxes (EBIT)	-26	-27	-21	-12	-2.48
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-25	-26	-20	-11	-2.39
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	26.27	7.73	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	41.04	11.67	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.67	0.41	0.49	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.62	0.35	0.59	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	16.16	12.83	37.43	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	339.54	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.01
Financial Leverage	-1.43	-1.14	-1.23	-1.17	-1.02
Leverage Ratio	2.18	1.82	1.69	1.30	1.05
Compound Leverage Factor	2.18	1.82	1.64	1.30	1.54
Debt to Total Capital	0.00%	0.00%	0.00%	0.15%	0.62%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.15%	0.62%
Preferred Equity to Total Capital	0.00%	0.00%	281.97%	234.42%	103.54%
Noncontrolling Interests to Total Capital	-0.01%	0.56%	1.17%	0.00%	70.80%
Common Equity to Total Capital	100.01%	99.44%	-295.05%	-159.44%	-88.15%
Debt to EBITDA	0.00	0.00	0.00	0.00	-0.05
Net Debt to EBITDA	0.00	0.00	0.00	3.31	8.86
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	-0.05
Debt to NOPAT	0.00	0.00	0.00	-0.01	-0.07
Net Debt to NOPAT	0.00	0.00	0.00	4.81	11.42
Long-Term Debt to NOPAT	0.00	0.00	0.00	-0.01	-0.07
Altman Z-Score	21.46	14.25	11.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.30%	149.18%	321.07%	228.79%	188.70%
Liquidity Ratios	-	-	-	-	-
Current Ratio	1.34	1.86	1.34	3.14	22.51
Quick Ratio	0.87	1.30	0.59	2.12	22.37
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2.32	-17	-18	-0.63	0.00
Operating Cash Flow to CapEx	4,663.25%	3,017.01%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	151.54
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	151.54
Efficiency Ratios	-	-	-	-	-
Asset Turnover	16.73	12.73	9.13	3.93	0.76
Accounts Receivable Turnover	121.27	169.64	403.04	395.71	48.99
Inventory Turnover	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	680.65	467.23	503.27	1,322.62	1,182.79
Accounts Payable Turnover	1,182.41	560.94	398.41	227.31	16.39
Days Sales Outstanding (DSO)	3.01	2.15	0.91	0.92	7.45
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.31	0.65	0.92	1.61	22.27
Cash Conversion Cycle (CCC)	2.70	1.50	-0.01	-0.68	-14.82
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	-25	-4.79	-3.80	-7.59	-0.33
Invested Capital Turnover	-85.55	-160.33	-67.17	-30.75	-50.18
Increase / (Decrease) in Invested Capital	-20	-0.99	3.78	-7.26	0.00
Enterprise Value (EV)	788	244	224	0.00	0.00
Market Capitalization	845	285	187	0.00	0.00
Book Value per Share	$0.17	$0.21	($0.37)	($0.25)	($0.18)
Tangible Book Value per Share	$0.11	$0.14	($0.45)	($0.26)	($0.18)
Total Capital	32	37	22	27	21
Total Debt	0.00	0.00	0.00	0.04	0.13
Total Long-Term Debt	0.00	0.00	0.00	0.04	0.13
Net Debt	-57	-42	-26	-38	-21
Capital Expenditures (CapEx)	1.05	0.63	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-38	-19	-11	-2.78	-0.54
Debt-free Net Working Capital (DFNWC)	18	23	7.26	26	21
Net Working Capital (NWC)	18	23	7.26	26	21
Net Nonoperating Expense (NNE)	8.79	9.01	6.51	3.79	1.77
Net Nonoperating Obligations (NNO)	-57	-42	-26	-35	-21
Total Depreciation and Amortization (D&A)	1.40	1.13	0.50	0.21	0.09
Debt-free, Cash-free Net Working Capital to Revenue	-3.04%	-2.69%	-2.89%	-2.28%	-3.24%
Debt-free Net Working Capital to Revenue	1.46%	3.38%	1.90%	21.66%	125.23%
Net Working Capital to Revenue	1.46%	3.38%	1.90%	21.66%	125.23%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.14)	$0.00	($0.12)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	191.17M	178.13M	178.20M	178.24M	0.00
Adjusted Diluted Earnings per Share	($0.14)	($0.15)	($0.12)	($0.07)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	191.17M	178.13M	178.20M	170.48M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($0.12)	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	202.50M	183.61M	178.20M	178.24M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-11	-18	-14	-7.89	-1.85
Normalized NOPAT Margin	-0.88%	-2.64%	-3.61%	-6.48%	-11.19%
Pre Tax Income Margin	-2.09%	-3.95%	-5.28%	-9.60%	-21.87%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	-17.70
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	-13.23
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	-17.70
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	-13.23
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	-1.13%	-1.25%	-0.09%	0.00%	0.00%
Augmented Payout Ratio	-138.29%	-11.77%	-0.09%	0.00%	0.00%

No quarterly metrics and ratios for Real Brokerage are available.

Frequently Asked Questions About Real Brokerage's Financials

When does Real Brokerage's fiscal year end?

According to the most recent income statement we have on file, Real Brokerage's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Real Brokerage's net income changed over the last 4 years?

Real Brokerage's net income appears to be on an upward trend, with a most recent value of -$26.45 million in 2024, rising from -$3.62 million in 2020. The previous period was -$27.22 million in 2023. Find out what analysts predict for Real Brokerage in the coming months.

What is Real Brokerage's operating income?

Real Brokerage's total operating income in 2024 was -$25.23 million, based on the following breakdown:

Total Gross Profit: $114.74 million
Total Operating Expenses: $139.97 million

How has Real Brokerage revenue changed over the last 4 years?

Over the last 4 years, Real Brokerage's total revenue changed from $16.56 million in 2020 to $1.26 billion in 2024, a change of 7,537.2%.

How much debt does Real Brokerage have?

Real Brokerage's total liabilities were at $54.45 million at the end of 2024, a 98.3% increase from 2023, and a 4,810.0% increase since 2020.

How much cash does Real Brokerage have?

In the past 4 years, Real Brokerage's cash and equivalents has ranged from $10.85 million in 2022 to $25.82 million in 2021, and is currently $23.38 million as of their latest financial filing in 2024.

How has Real Brokerage's book value per share changed over the last 4 years?

Over the last 4 years, Real Brokerage's book value per share changed from -0.18 in 2020 to 0.17 in 2024, a change of -192.9%.

Related Companies

This page (NASDAQ:REAX) was last updated on 5/25/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Real Brokerage (REAX) Financials

Frequently Asked Questions About Real Brokerage's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Real Brokerage (REAX) Financials

Annual Income Statements for Real Brokerage

Quarterly Income Statements for Real Brokerage

Annual Cash Flow Statements for Real Brokerage

Quarterly Cash Flow Statements for Real Brokerage

Annual Balance Sheets for Real Brokerage

Quarterly Balance Sheets for Real Brokerage

Annual Metrics And Ratios for Real Brokerage

Quarterly Metrics And Ratios for Real Brokerage

Frequently Asked Questions About Real Brokerage's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools