reAlpha Tech Corp
realpha.comWhat Do They Do?
Provides real estate brokerage, mortgage brokerage, and title and escrow services through an AI-powered platform for homebuyers.
10-K for FY2025, filed Mar 12, 2026
How Do They Make Money?
Homebuyers pay realty commissions when a home transaction closes, mortgage-brokerage commissions when loans are funded, and title and settlement fees. Businesses pay for monthly support and platform subscriptions over time; one-time setup work is paid on delivery.
10-K for FY2025, filed Mar 12, 2026Our revenue model revolves around: (i) our homebuying services, which include realty services (e.g., assisting a homebuyer with finding…View ↗
The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers (“ASC 606”) when control of services is…View ↗
reAlpha Mortgage, a mortgage brokerage company, complies with ASC 606 by recognizing revenue at the point of loan funding. This moment…View ↗
Prevu is a digital real estate brokerage that provides licensed brokerage services to homebuyers and home sellers across multiple states…View ↗
AiChat generates revenue from its AI conversational customer experience solutions platform, which includes subscription-based platform…View ↗
For the year ended December 31, 2025 For the year ended December 31, 2024 Services transferred at a Point in time Services transferred Over…View ↗
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10-K for FY2025, filed Mar 12, 2026
FY2025 revenue by product or service ↗
$4.5M
-
10-K for FY2025, filed Mar 12, 2026
$4.5M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Technology Services
Mix
10-K for FY2025, filed Mar 12, 2026 |
23% |
Technology Services, FY2025
$1M Sources
|
Mix |
|
Homebuying Services
Sold outright
10-K for FY2025, filed Mar 12, 2026 |
77% |
Homebuying Services, FY2025
$3.5M Sources
|
Sold outright |
Who Are Their Customers?
Homebuyers receive realty, mortgage, and title services directly, mainly through reAlpha. Businesses buy software development and monthly support, while companies use AiChat's conversational platform for customer service, marketing, and online sales.
10-K for FY2025, filed Mar 12, 2026Our revenue model revolves around: (i) our homebuying services, which include realty services (e.g., assisting a homebuyer with finding…View ↗
Our homebuying services segment consists of our (i) realty services offered by our reAlpha Realty, LLC entities (collectively, “reAlpha…View ↗
reAlpha Nepal’s Software Development Services reAlpha Nepal provides services related to the development of technology, AI and…View ↗
AiChat provides AI-powered conversational customer experience platforms in the Asia-Pacific (“APAC”) region. AiChat’s conversational…View ↗
Do Revenues Turn Into Profits?
No. It lost $17.6M in FY2025.
10-K for FY2025, filed Mar 12, 2026
−$16MView ↗
10-K for FY2025, filed Mar 12, 2026
−$17.6MView ↗
10-K for FY2025, filed Mar 12, 2026
−$11.3MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$3MView ↗
- ▼ −37% (Loss)
- vs −$4.8M in Q2 FY2025
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Aug 25, 2026
Completed the acquisition of InstaMortgage
Consideration includes cash, shares, and installments over three years.
Sources
8-K, filed Aug 25, 2026
As discussed in the Introductory Note of this Current Report on Form 8-K, which is incorporated by reference herein, on August 19, 2026…View ↗
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Apr 28, 2026
Appointed Thomas Kutzman chief financial officer
Sources
8-K, filed Apr 28, 2026
Appointed Thomas Kutzman as Chief Financial Officer to oversee financial operations, capital strategy, and key corporate functions. Mr.…View ↗
Who Do They Compete With?
Competes with Opendoor, Offerpad Solutions, Zillow, Rocket Mortgage, Homes.com, Tryhoma, Linkhome AI, and Flyhomes
10-K for FY2025, filed Mar 12, 2026The market in which we operate our business is rapidly evolving, competitive and has relatively low barriers to entry. As a result, there…View ↗
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