Financial Snapshot

Revenue
$455.5K
TTM
Gross Margin
39.31%
TTM
Net Earnings
-$9.249M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
103.05%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$22.55M
Q3 2024
Cash
Q3 2024
P/E
-5.009
Nov 13, 2024 EST
Free Cash Flow
-$3.826M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $419.4K $305.4K $305.4K
YoY Change 37.34% 0.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $419.4K $305.4K $305.4K
Cost Of Revenue $293.2K $167.2K $167.2K
Gross Profit $126.2K $138.2K $138.2K
Gross Profit Margin 30.09% 45.25% 45.25%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $4.757M $4.661M $4.661M
YoY Change 2.06% 0.0%
% of Gross Profit 3768.91% 3372.8% 3372.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $157.8K $151.5K $151.5K
YoY Change 4.17% 0.0%
% of Gross Profit 125.03% 109.62% 109.62%
Operating Expenses $5.075M $4.967M $4.967M
YoY Change 2.16% 0.0%
Operating Profit -$4.948M -$4.829M -$4.829M
YoY Change 2.47% 0.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense -$169.8K -$177.1K -$177.1K
YoY Change -4.14% 0.0%
% of Operating Profit
Other Income/Expense, Net -$334.2K -$385.9K -$385.9K
YoY Change -13.4% 0.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$5.452M -$5.392M -$5.392M
YoY Change 1.12% 0.0%
Income Tax $204.3K
% Of Pretax Income
Net Earnings -$5.453M -$5.379M -$5.379M
YoY Change 1.37% 0.0%
Net Earnings / Revenue -1300.19% -1761.53% -1761.53%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.13 -$0.13 -$0.13

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $1.257M $2.072M $2.072M
YoY Change -39.34% 0.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $3.312M $150.2K $150.2K
YoY Change 2105.71% 0.0%
Inventory
Prepaid Expenses
Receivables $88.99K $133.8K $133.8K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.658M $2.356M $2.356M
YoY Change 97.69% 0.0%
Property, Plant & Equipment $2.186M $3.816M $3.816M
YoY Change -42.72% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $115.0K $115.0K $115.0K
YoY Change 0.0% 0.0%
Other Assets $406.3K
YoY Change
Total Long-Term Assets $16.44M $4.531M $4.531M
YoY Change 262.77% 0.0%
Total Assets $21.09M $6.887M $6.887M
YoY Change
Accounts Payable $413.0K $81.38K $81.38K
YoY Change 407.43% 0.0%
Accrued Expenses $195.3K $121.4K $121.4K
YoY Change 60.93% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $5.850M $6.000M $6.000M
YoY Change -2.5% 0.0%
Long-Term Debt Due $1.222M $2.229M $2.229M
YoY Change -45.18% 0.0%
Total Short-Term Liabilities $7.680M $12.21M $12.21M
YoY Change -37.07% 0.0%
Long-Term Debt $247.0K $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $247.0K $0.00 $0.00
YoY Change
Total Liabilities $7.930M $12.22M $12.22M
YoY Change -35.1% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $46.323 Million

About reAlpha Tech Corp

reAlpha Tech Corp. operates as an AI-powered real estate technology and investment company. The company is headquartered in Dublin Ohio, Ohio and currently employs 14 full-time employees. The company went IPO on 2023-10-23. The firm is focused on developing and commercializing artificial intelligence (AI) technologies. The Company’s segments include Rental business and Platform service business. Its platform services segment offers and develops AI-based products and services to customers in the real estate industry. Its platform services segment technologies include reAlpha BRAIN, reAlpha HUMINT, GENA, AIRE and reAlpha App. The reAlpha BRAIN platform utilizes a natural language processing (NLP) program to scan through large quantities of data regarding properties and machine learning (ML) algorithms to choose the properties. GENA is an AI tool that is powered by a Generative Pre-trained Transformer language model (GPT). Its rental business segment focuses on purchasing properties for syndication, which process is powered by its platform services technologies. The company also develops AI-powered conversational customer experience solutions.

Industry: Real Estate Peers: Adobe Inc CoreCard Corp Dave Inc EBIX INC Exodus Movement Inc Latch Inc WM Technology Inc Upland Software Inc