See more : Epitomee Medical Ltd (EPIT.TA) Income Statement Analysis – Financial Results
Complete financial analysis of The Real Brokerage Inc. (REAX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of The Real Brokerage Inc., a leading company in the Real Estate – Services industry within the Real Estate sector.
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The Real Brokerage Inc. (REAX)
About The Real Brokerage Inc.
The Real Brokerage Inc., together with its subsidiaries, operates as a technology-powered real estate brokerage company. It provides brokerage services for the real estate market through a network of agents. The company offers agents a mobile-focused tech platform to run its business, as well as business terms and wealth-building opportunities. It operates in 42 states in the United States, the District of Columbia, and Canada. The Real Brokerage Inc. is headquartered in Toronto, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 689.16M | 381.76M | 121.68M | 16.56M | 15.75M | 8.44M |
| Cost of Revenue | 626.29M | 349.81M | 110.59M | 14.41M | 13.79M | 7.13M |
| Gross Profit | 62.87M | 31.95M | 11.09M | 2.15M | 1.97M | 1.31M |
| Gross Profit Ratio | 9.12% | 8.37% | 9.12% | 13.01% | 12.48% | 15.53% |
| Research & Development | 7.36M | 4.87M | 3.98M | 223.00K | 234.00K | 607.00K |
| General & Administrative | 42.91M | 24.16M | 10.57M | 4.03M | 2.85M | 2.33M |
| Selling & Marketing | 38.61M | 22.67M | 7.81M | 717.00K | 555.00K | 744.00K |
| SG&A | 81.52M | 46.83M | 18.38M | 4.75M | 3.40M | 113.69K |
| Other Expenses | 0.00 | -578.00K | -249.00K | -168.00K | 0.00 | 0.00 |
| Operating Expenses | 88.88M | 51.12M | 22.11M | 4.80M | 3.63M | 113.69K |
| Cost & Expenses | 715.17M | 400.92M | 132.70M | 19.21M | 17.42M | 113.69K |
| Interest Income | 0.00 | 540.00K | 13.00K | 142.00K | 583.00K | 151.00K |
| Interest Expense | 68.00K | 1.17M | 662.00K | 140.00K | 583.00K | 0.00 |
| Depreciation & Amortization | 1.13M | 333.00K | 213.00K | 91.00K | 137.00K | 37.00K |
| EBITDA | -25.49M | -19.55M | -11.05M | -3.39M | -1.53M | -113.69K |
| EBITDA Ratio | -3.70% | -4.93% | -8.88% | -15.43% | -9.72% | -1.35% |
| Operating Income | -26.01M | -19.17M | -11.02M | -2.65M | -1.67M | -113.69K |
| Operating Income Ratio | -3.77% | -5.02% | -9.05% | -15.98% | -10.59% | -1.35% |
| Total Other Income/Expenses | -1.21M | -589.00K | -413.00K | -975.00K | -583.00K | -83.00 |
| Income Before Tax | -27.22M | -20.34M | -11.68M | -3.62M | -2.25M | -113.77K |
| Income Before Tax Ratio | -3.95% | -5.33% | -9.60% | -21.87% | -14.29% | -1.35% |
| Income Tax Expense | 1.00K | 242.00K | 662.00K | 835.00K | 583.00K | -37.00K |
| Net Income | -27.50M | -20.58M | -12.34M | -4.46M | -2.83M | -113.77K |
| Net Income Ratio | -3.99% | -5.39% | -10.14% | -26.91% | -17.99% | -1.35% |
| EPS | -0.15 | -0.12 | -0.29 | -0.04 | -0.07 | -0.01 |
| EPS Diluted | -0.15 | -0.12 | -0.29 | -0.04 | -0.07 | -0.01 |
| Weighted Avg Shares Out | 178.13M | 178.20M | 42.62M | 101.85M | 41.80M | 7.93M |
| Weighted Avg Shares Out (Dil) | 178.13M | 178.20M | 42.62M | 101.85M | 41.80M | 7.93M |
The Real Brokerage Elevates Jenna Rozenblat to Chief Operating Officer
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage has promoted Jenna Rozenblat to Chief Operating Officer.
The Real Brokerage Inc. (REAX) Reports Q2 Loss, Tops Revenue Estimates
The Real Brokerage Inc. (REAX) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.02 per share a year ago.
The Real Brokerage Inc. Announces Second Quarter 2023 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced results for its second quarter ended June 30, 2023. “The second quarter was an inflection point for our company, with...
The Real Brokerage Leads the Way With AI-Powered Personal Concierge, Supercharging Agent Productivity and Creating Significant Operating Efficiencies
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage has released Leo, a ground-breaking 24/7 concierge powered by GPT technology and machine learning, to all its agents and brokers.
Industry's Most Influential Sports and Entertainment Real Estate Broker Brings Team to The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Kofi Nartey, the go-to real estate broker for global celebrities and prominent athletes, has joined The Real Brokerage as a national growth leader.
The Real Brokerage to Voluntarily Delist From Toronto Stock Exchange; Will Continue to Trade on the Nasdaq
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (the “Company” or “Real”) (TSX: REAX) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that its application for a voluntary delisting of its common shares (each a “Common...
The Real Brokerage to Host Second Quarter 2023 Earnings Conference Call
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that it will release its second quarter 2023 financial results before market open on Wednesday, August 9, 2023....
The Real Brokerage Welcomes agentinc
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--agentinc proves to be the most recent top producing California real estate team to align with The Real Brokerage, citing growth opportunities.
Dallas Luxury Team Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage expands in the Dallas-Fort Worth metropolitan area with the top-producing Hershenberg Group.
The Real Brokerage Expands Southern California Presence With the Addition of Active Realty and Power Real Estate Group
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage expands in Southern California with the addition of 130 agents from two top producing teams.
Source: https://incomestatements.info
Category: Stock Reports