Financial Snapshot

Revenue
$1.095B
TTM
Gross Margin
9.22%
TTM
Net Earnings
-$31.86M
TTM
Current Assets
$88.48M
Q3 2024
Current Liabilities
$72.48M
Q3 2024
Current Ratio
122.07%
Q3 2024
Total Assets
$102.5M
Q3 2024
Total Liabilities
$72.67M
Q3 2024
Book Value
$29.80M
Q3 2024
Cash
P/E
-32.81
Nov 29, 2024 EST
Free Cash Flow
$37.64M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $689.2M $381.8M $121.7M $16.60M $15.80M $8.400M
YoY Change 80.52% 213.69% 633.13% 5.06% 88.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $689.2M $381.8M $121.7M $16.60M $15.80M $8.400M
Cost Of Revenue $626.3M $349.8M $110.6M $14.40M $13.80M $7.100M
Gross Profit $62.87M $31.95M $11.10M $2.200M $2.000M $1.300M
Gross Profit Margin 9.12% 8.37% 9.12% 13.25% 12.66% 15.48%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $81.52M $46.83M $18.40M $4.700M $3.400M $3.100M
YoY Change 74.09% 154.51% 291.49% 38.24% 9.68%
% of Gross Profit 129.66% 146.57% 165.77% 213.64% 170.0% 238.46%
Research & Development $7.359M $4.867M $4.000M $200.0K $200.0K $600.0K
YoY Change 51.2% 21.68% 1900.0% 0.0% -66.67%
% of Gross Profit 11.7% 15.23% 36.04% 9.09% 10.0% 46.15%
Depreciation & Amortization $1.128M $333.0K $210.0K $90.00K $140.0K $150.0K
YoY Change 238.74% 58.57% 133.33% -35.71% -6.67%
% of Gross Profit 1.79% 1.04% 1.89% 4.09% 7.0% 11.54%
Operating Expenses $88.88M $51.70M $22.10M $4.800M $3.600M $3.700M
YoY Change 71.93% 133.92% 360.42% 33.33% -2.7%
Operating Profit -$26.01M -$19.75M -$11.00M -$2.600M -$1.600M -$2.400M
YoY Change 31.72% 79.51% 323.08% 62.5% -33.33%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$619.0K -$167.0K -$600.0K -$100.0K -$600.0K -$200.0K
YoY Change 270.66% -72.17% 500.0% -83.33% 200.0%
% of Operating Profit
Other Income/Expense, Net -$587.0K -$271.0K -$100.0K
YoY Change 116.61% 171.0%

Income/Loss

Pretax Income

Income Tax

No data

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

No data

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$27.22M -$20.34M -$11.70M -$3.600M -$2.300M -$2.500M
YoY Change 33.84% 73.8% 225.0% 56.52% -8.0%
Income Tax
% Of Pretax Income
Net Earnings -$27.50M -$20.58M -$11.70M -$3.600M -$2.300M -$2.500M
YoY Change 33.65% 75.87% 225.0% 56.52% -8.0%
Net Earnings / Revenue -3.99% -5.39% -9.61% -21.69% -14.56% -29.76%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.15 -$0.12 -$68.62K -$24.93K -$55.02K -$59.81K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

No data

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $28.93M $18.74M $37.89M $21.23M $50.00K $490.0K
YoY Change 54.39% -50.55% 78.47% 42360.0% -89.8%
Cash & Equivalents
Short-Term Investments $14.22M $7.892M $8.810M
Other Short-Term Assets $15.08M $8.010M $500.0K $140.0K $70.00K $60.00K
YoY Change 88.26% 1502.0% 257.14% 100.0% 16.67%
Inventory
Prepaid Expenses
Receivables $6.441M $1.547M $250.0K $120.0K $60.00K $280.0K
Other Receivables $63.00K $74.00K $30.00K $220.0K $10.00K $180.0K
Total Short-Term Assets $50.51M $28.37M $38.67M $21.70M $200.0K $1.010M
YoY Change 78.06% -26.64% 78.2% 10750.0% -80.2%
Property, Plant & Equipment $1.600M $1.423M $280.0K $210.0K $210.0K $350.0K
YoY Change 12.44% 408.21% 33.33% 0.0% -40.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $14.04M $15.39M $1.330M $210.0K $210.0K $350.0K
YoY Change -8.82% 1057.37% 533.33% 0.0% -40.0%
Total Assets $64.55M $43.76M $40.00M $21.91M $410.0K $1.360M
YoY Change
Accounts Payable $571.0K $474.0K $6.600M $820.0K $340.0K $350.0K
YoY Change 20.46% -92.82% 704.88% 141.18% -2.86%
Accrued Expenses $13.37M $11.87M
YoY Change 12.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $7.481M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $96.00K $90.00K $90.00K $120.0K $120.0K
YoY Change -100.0% 6.67% 0.0% -25.0% 0.0%
Total Short-Term Liabilities $27.20M $21.11M $10.05M $960.0K $500.0K $560.0K
YoY Change 28.86% 110.0% 946.88% 92.0% -10.71%
Long-Term Debt $0.00 $0.00 $40.00K $130.0K $100.0K $220.0K
YoY Change -100.0% -69.23% 30.0% -54.55%
Other Long-Term Liabilities $269.0K $242.0K $2.910M $20.00K
YoY Change 11.16% -91.68% 14450.0%
Total Long-Term Liabilities $269.0K $242.0K $2.950M $150.0K $100.0K $220.0K
YoY Change 11.16% -91.8% 1866.67% 50.0% -54.55%
Total Liabilities $27.67M $21.61M $12.99M $15.93M $600.0K $780.0K
YoY Change 28.06% 66.36% -18.46% 2555.0% -23.08%

Ownership

Basic Shares Outstanding

No data

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.0454 Billion

About Real Brokerage Inc

The Real Brokerage, Inc. engages in the provision of real estate brokerage services through mobile application. The company is headquartered in Miami, Florida and currently employs 164 full-time employees. The company went IPO on 2004-06-23. The firm is revolutionizing the residential real estate industry by pairing technology with the guidance of agent-led experience. The company delivers a cloud-based platform to improve efficiencies and enable agents to provide a seamless end-to-end experience for home buyers and sellers. The firm is focused on developing technology to enhance real estate agent performance while building a scalable, efficient brokerage operation. The company provides a seamless end-to-end home buying experience for consumers, including access to ancillary services, such as mortgage and title services. Its technology stack puts agents at the center of a real estate transaction and supports agents in helping their customers. The firm serves 50 states, the District of Columbia, and four Canadian provinces with more than 20,000 agents.

Industry: Real Estate Agents & Managers (For Others) Peers: Compass, Inc. COSTAR GROUP, INC. eXp World Holdings, Inc. Anywhere Real Estate Inc. Marcus & Millichap, Inc. NEWMARK GROUP, INC. Offerpad Solutions Inc. Opendoor Technologies Inc. Redfin Corp RE/MAX Holdings, Inc.