The Real Brokerage (REAX) Financial Statements

Price: $4.46
Market Cap: $909.84M
Avg Volume: 888.73K
Country: CA
Industry: Real Estate - Services
Sector: Real Estate
Beta: 1.617
52W Range: $3.02-6.75
Website: The Real Brokerage

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of The Real Brokerage.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.0020192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$160.00M$160.00M$120.00M$120.00M$80.00M$80.00M$40.00M$40.00M$0.00$0.00-$40.00M-$40.00M20192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Revenue $1.26B $689.16M $381.76M $121.68M $16.56M $15.75M $8.44M
Cost of Revenue $1.15B $626.28M $349.81M $110.59M $14.40M $13.79M $7.13M
Gross Profit $114.74M $62.87M $31.95M $11.09M $2.15M $1.97M $1.31M
Gross Profit Ratio 9.07% 9.12% 8.37% 9.12% 13.01% 12.48% 15.53%
Research and Development Expenses $12.16M $7.36M $4.87M $3.98M $223.00K $234.00K $607.00K
General and Administrative Expenses $70.84M $42.91M $24.16M $10.57M $4.03M $2.85M $2.33M
Selling and Marketing Expenses $46.32M $38.61M $22.67M $7.81M $717.00K $555.00K $744.00K
Selling General and Administrative Expenses $117.17M $81.52M $46.83M $18.38M $4.75M $3.40M $113.69K
Other Expenses $10.65M $- $-578.00K $-249.00K $-168.00K $- $-
Operating Expenses $139.97M $88.88M $51.12M $22.11M $4.80M $3.63M $113.69K
Cost and Expenses $1.29B $715.17M $400.92M $132.70M $19.20M $17.42M $113.69K
Interest Income $-747.00K $- $540.00K $13.00K $142.00K $583.00K $151.00K
Interest Expense $376.00K $68.00K $1.17M $662.00K $140.00K $583.00K $-
Depreciation and Amortization $1.40M $1.13M $333.00K $213.00K $91.00K $137.00K $37.00K
EBITDA $-24.68M $-25.49M $-19.55M $-11.05M $-3.39M $-1.53M $-113.69K
EBITDA Ratio -1.95% -3.70% -5.12% -9.08% -20.47% -9.72% -1.35%
Operating Income $-25.23M $-26.01M $-19.17M $-11.02M $-2.65M $-1.67M $-113.69K
Operating Income Ratio -1.99% -3.77% -5.02% -9.05% -15.98% -10.59% -1.35%
Total Other Income Expenses Net $-1.23M $-1.21M $-589.00K $-413.00K $-975.00K $-583.00K $-83
Income Before Tax $-26.45M $-27.22M $-20.34M $-11.68M $-3.62M $-2.25M $-113.77K
Income Before Tax Ratio -2.09% -3.95% -5.33% -9.60% -21.87% -14.29% -1.35%
Income Tax Expense $- $- $242.00K $662.00K $835.00K $583.00K $-37.00K
Net Income $-26.54M $-27.50M $-20.58M $-12.34M $-4.46M $-2.83M $-113.77K
Net Income Ratio -2.10% -3.99% -5.39% -10.14% -26.91% -17.99% -1.35%
EPS $-0.14 $-0.15 $-0.12 $-0.29 $-0.04 $-0.07 $-0.01
EPS Diluted $-0.14 $-0.15 $-0.12 $-0.29 $-0.04 $-0.07 $-0.01
Weighted Average Shares Outstanding 191.17M 178.13M 178.20M 42.62M 101.85M 41.80M 7.93M
Weighted Average Shares Outstanding Diluted 191.17M 178.13M 178.20M 42.62M 101.85M 41.80M 7.93M
SEC Filing Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020192019202020202021202120222022202320232024202420252025
Equity$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M20192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Cash and Cash Equivalents $23.38M $14.71M $10.85M $29.08M $21.23M $53.00K $357.59K
Short Term Investments $9.45M $14.22M $7.89M $8.81M $- $- $-
Cash and Short Term Investments $32.83M $28.93M $18.74M $37.89M $21.23M $53.00K $357.59K
Net Receivables $14.35M $6.50M $1.62M $277.00K $338.00K $66.00K $276.00K
Inventory $- $- $7.48M $47.00K $47.00K $43.00K $-522.00K
Other Current Assets $25.73M $15.08M $8.01M $3.76M $136.00K $76.00K $265.00K
Total Current Assets $72.91M $50.51M $28.37M $38.66M $21.70M $195.00K $357.59K
Property Plant Equipment Net $2.12M $1.60M $1.42M $279.00K $207.00K $213.00K $350.00K
Goodwill $8.99M $8.99M $10.26M $602.00K $- $- $-
Intangible Assets $2.58M $3.44M $3.71M $451.00K $- $- $-
Goodwill and Intangible Assets $11.57M $12.44M $13.97M $1.05M $- $- $-
Long Term Investments $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $-
Other Non-Current Assets $- $- $-15.39M $- $-207.00K $-213.00K $1
Total Non-Current Assets $13.68M $14.04M $15.39M $1.33M $207.00K $213.00K $350.00K
Other Assets $- $- $- $- $- $- $-350.00K
Total Assets $86.59M $64.55M $43.76M $40.00M $21.91M $408.00K $357.59K
Account Payables $1.37M $571.00K $474.00K $54.00K $815.00K $336.00K $352.00K
Short Term Debt $- $- $96.00K $91.00K $85.00K $122.00K $122.00K
Tax Payables $- $- $- $- $- $- $-
Deferred Revenue $24.09M $- $7.48M $3.31M $- $- $-
Other Current Liabilities $28.99M $26.62M $20.54M $8.86M $64.00K $40.00K $-459.92K
Total Current Liabilities $54.45M $27.20M $21.11M $10.05M $964.00K $498.00K $14.09K
Long Term Debt $- $- $- $40.00K $130.00K $11.85M $10.97M
Deferred Revenue Non-Current $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $269.00K $242.00K $2.91M $15.00K $- $-
Total Non-Current Liabilities $- $269.00K $242.00K $2.95M $145.00K $11.85M $10.97M
Other Liabilities $- $- $- $- $- $- $-10.97M
Total Liabilities $54.45M $27.46M $21.35M $12.99M $1.11M $12.35M $14.09K
Preferred Stock $- $- $- $- $- $- $-
Common Stock $- $- $- $- $- $400.98K $380.71K
Retained Earnings $-104.75M $-78.20M $-50.70M $-30.13M $-18.45M $-14.83M $-107.97K
Accumulated Other Comprehensive Income Loss $708.00K $52.77M $-469.00K $-347.00K $2.76M $1.62M $70.77K
Other Total Stockholders Equity $136.18M $62.31M $48.24M $50.75M $21.67M $1.26M $-12.39M
Total Stockholders Equity $32.15M $36.88M $22.15M $27.00M $5.98M $-11.94M $343.50K
Total Equity $32.14M $37.08M $22.41M $27.00M $20.80M $-11.94M $343.50K
Total Liabilities and Stockholders Equity $86.59M $64.55M $43.76M $40.00M $21.91M $408.00K $357.59K
Minority Interest $-3.00K $209.00K $263.00K $- $14.82M $- $-
Total Liabilities and Total Equity $86.59M $64.55M $43.76M $40.00M $21.91M $408.00K $357.59K
Total Investments $9.45M $14.22M $7.89M $8.81M $- $- $-
Total Debt $- $- $96.00K $131.00K $215.00K $222.00K $10.97M
Net Debt $-23.38M $-14.71M $-10.75M $-28.95M $-21.01M $169.00K $10.61M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M20192019202020202021202120222022202320232024202420252025
Financing Cash Flow$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M-$30.00M-$30.00M-$40.00M-$40.00M20192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Net Income $-26.45M $-27.50M $-20.34M $-12.03M $-3.62M $-2.25M $-2.52M
Depreciation and Amortization $1.40M $1.13M $333.00K $213.00K $91.00K $137.00K $147.00K
Deferred Income Tax $- $- $- $- $- $- $-
Stock Based Compensation $52.92M $38.40M $16.20M $4.03M $1.14M $488.00K $-25.00K
Change in Working Capital $19.90M $6.74M $9.63M $11.03M $190.00K $333.00K $-254.00K
Accounts Receivables $-7.85M $-4.88M $-1.29M $-137.00K $-61.00K $220.00K $-257.00K
Inventory $- $- $- $- $- $- $-
Accounts Payables $803.00K $97.00K $420.00K $5.79M $479.00K $-16.00K $-
Other Working Capital $26.94M $11.53M $10.50M $5.38M $-228.00K $113.00K $3.00K
Other Non Cash Items $976.00K $1.10M $167.00K $694.00K $599.00K $-31.00K $107.00K
Net Cash Provided by Operating Activities $48.73M $19.87M $6.00M $3.94M $-1.60M $-1.32M $-2.55M
Investments in Property Plant and Equipment $-1.04M $-629.00K $-1.41M $-172.00K $-16.00K $- $-
Acquisitions Net $- $6.00M $-8.28M $-1.10M $- $- $-
Purchases of Investments $-1.69M $-6.85M $-125.00K $-8.94M $- $- $-
Sales Maturities of Investments $6.55M $847.00K $125.00K $1.10M $- $- $-
Other Investing Activities $- $-6.00M $637.00K $-1.10M $- $-3.00K $-1.00K
Net Cash Used for Investing Activities $3.81M $-6.63M $-9.05M $-10.21M $-16.00K $-3.00K $-1.00K
Debt Repayment $- $-96.00K $-35.00K $- $123.00K $-120.00K $-120.00K
Common Stock Issued $- $- $- $- $2.09M $- $413.41K
Common Stock Repurchased $-36.28M $-2.87M $-8.06M $-12.64M $- $- $-
Dividends Paid $- $- $- $- $- $- $-
Other Financing Activities $3.14M $-999.00K $246.00K $26.60M $20.72M $1.00M $1.33M
Net Cash Used Provided by Financing Activities $-33.14M $-3.96M $-7.85M $13.95M $22.93M $880.00K $413.41K
Effect of Forex Changes on Cash $410.00K $44.00K $100.00K $171.00K $-141.00K $15.00K $41.00K
Net Change in Cash $19.81M $9.33M $-10.80M $7.86M $21.17M $-432.00K $416.81K
Cash at End of Period $47.47M $27.66M $18.33M $29.08M $21.23M $53.00K $357.59K
Cash at Beginning of Period $27.66M $18.33M $29.13M $21.23M $53.00K $485.00K $-59.22K
Operating Cash Flow $48.73M $19.87M $6.00M $3.94M $-1.60M $-1.32M $-36.60K
Capital Expenditure $-1.04M $-629.00K $-1.41M $-172.00K $-16.00K $- $-
Free Cash Flow $47.69M $19.24M $4.59M $3.77M $-1.62M $-1.32M $-36.60K