See more : United Overseas Bank Limited (UOVEF) 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 Offers Healthcare Benefits Resources to its Agents in the U.S. and Canada
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage provides access to discounted healthcare coverage for its 12,000+ agents in the U.S. and Canada.
FresYes Realty Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real welcomes FresYes Realty, a top-producing California-based team led by Jason Farris, to the growing brokerage.
The Real Brokerage Expands Presence to Vermont
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage opens for business in Vermont, increasing the company's presence to 49 U.S. states and four Canadian provinces.
The Real Brokerage Appoints Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage appoints Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis.
District South Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--District South, the top-producing Acadiana team, brings 40 agents to Real, bolstering the brokerage's presence in Louisiana.
The Real Brokerage Welcomes David Newman Partners
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Luxury-focused David Newman Partners brings 13 agents to The Real Brokerage.
The Real Brokerage Now Open in West Virginia
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage expands into West Virginia, its 48th U.S. state, in a move that will bolster the company's ability to serve the D.C. metro.
The Real Brokerage to Present at the August 24th Virtual Investor Summit Conference
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. ("Real" or the "Company") (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chief Executive Officer Tamir Poleg will be presenting at the virtual August 24th...
The Real Brokerage to Present at the Sidoti Virtual Micro Cap Conference
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chief Executive Officer Tamir Poleg will be presenting at the Sidoti Micro Cap Virtual Conference on August...
The Real Brokerage Inc. (REAX) Q2 2023 Earnings Call Transcript
The Real Brokerage Inc. (NASDAQ:REAX ) Q2 2023 Earnings Conference Call August 9, 2023 11:00 AM ET Company Participants Jason Lee - Vice President-Capital Markets and Investor Relations Tamir Poleg - Chairman and Chief Executive Officer Michelle Ressler - Chief...
Source: https://incomestatements.info
Category: Stock Reports