See more : Suzhou Jin Hong Shun Auto Parts Co., Ltd. (603922.SS) 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 Invites You to Join Us at The Microcap Conference
Toronto, Ontario and New York, New York--(Newsfile Corp. - January 25, 2024) - The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, will be participating in The Microcap Conference on Wednesday, January 31, 2024, at Caesars...
One Real Title Strengthens its Presence in the Midwest
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--One Real Title expands in the Midwest, making its digital closing platform available in Michigan and Wisconsin.
PREMIERE Group, One of the Nation's Largest and Fastest Growing Mega Teams, Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--PREMIERE Group, one of the nation's largest and fastest-growing mega teams with $650 million in sales across 20 states, joins The Real Brokerage.
The Real Brokerage to Present at Needham Growth Conference in New York
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that its Chairman and Chief Executive Officer, Tamir Poleg, will present at the 26th Annual Needham Growth Conference in New...
Real Makes It Easier For Independent Brokerages and Team Leaders to Align with the Nation's Fastest Growing Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real announced the launch of two programs that make it easier for the nation's 100,000+ independent brokerages and team leaders to join Real.
The Real Brokerage Inc. Announces Involvement in Class Action Litigation
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. announces involvement in a class action litigation.
The Real Brokerage Makes a Big Push Into Kansas City With the Addition of Four Top Producing Teams
TORONTO & NEW YORK--(BUSINESS WIRE)--In a move that turbocharges Real's presence throughout the Kansas City metropolitan area, four of the market's top producing teams – Group O'Dell Real Estate Team, The Andy Blake Group, Applebaum KC Homes and Long Real...
The Real Brokerage to Present at Upcoming Investor Conferences
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that its Chairman and Chief Executive Officer, Tamir Poleg, will present at the following virtual investor conferences: Investor Summit Conference:...
Former ‘Bachelor' Jason Mesnick and Chris Dalto Join The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Former ‘Bachelor' Jason Mesnick and Chris Dalto bring their top-producing Seattle real estate team to The Real Brokerage.
Fast-Growing Sunny Narang Group Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--64-agent Southern California team joins The Real Brokerage.
Source: https://incomestatements.info
Category: Stock Reports