Financial Snapshot

Revenue
$689.2M
TTM
Gross Margin
9.23%
TTM
Net Earnings
-$27.50M
TTM
Current Assets
$50.51M
Q4 2023
Current Liabilities
$27.20M
Q4 2023
Current Ratio
185.74%
Q4 2023
Total Assets
$64.55M
Q4 2023
Total Liabilities
$27.67M
Q4 2023
Book Value
$36.88M
Q4 2023
Cash
P/E
-41.71
Sep 17, 2024 EST
Free Cash Flow
$19.24M
TTM

Revenues

Revenues

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Revenue YoY Change

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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

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Gross Profit

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Gross Profit Margin

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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

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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 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

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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 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

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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 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

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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 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 $7.481M $0.00 $0.00 $0.00 $0.00
YoY Change
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 $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

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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 2020 2019 2018
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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Dividends

Dividends

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Stock Price

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Market Cap: $1.147 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 offers agents a mobile-focused tech-platform to run their business. 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 48 states, the District of Columbia, and four Canadian provinces with more than 11,000 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