reAlpha Tech Corp. (AIRE)
reAlpha Tech Corp., a real estate technology company, develops an end-to-end homebuying platform. It operates through two segments, Homebuying Services and Technology Services. The Homebuying Services segment consists of realty services; digital title and escrow services; and residential real estate brokerage, mortgage brokerage, and related settlement services operations. This segment includes Prevu and reAlpha Realty, which provide residential real estate brokerage services to buyers and sellers; reAlpha Mortgage and GTG Financial, which provide residential mortgage brokerage services, including loan origination support and facilitation of loan closings; and Hyperfast, which offers title and related real estate settlement services. The Technology Services segment provides software development services; and the AI-powered conversational platform provided to customers by AiChat. This segment includes reAlpha Nepal’s Software Development Services, provides services related to the development of technology, AI and applications, as well as other technology support to the reAlpha platform and to third parties; and AiChat’s Conversational Platform, enables businesses to automate and optimize customer service, marketing, and e-commerce processes through the integration of major messaging channels. The company was formerly known as eAlpha Asset Management, Inc. and changed its name to reAlpha Tech Corp. in March 2023. reAlpha Tech Corp. was founded in 2020 and is based in Dublin, Ohio.
Sector: Real Estate
Industry: Software - Application
reAlpha Tech Corp. Common Stock
Nasdaq bars a compliance period at 1:250
- 1:25Reverse splitApr 30, 202625 shares → 1
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-04-30 | 2022-04-30 |
| Revenue | $4.52M | $948K | $183K | $419K | $305K |
| YoY Growth | 376.4% | 419.6% | -56.5% | 37.3% | - |
| Cost of Revenue | $2.07M | $3.43M | $1.64M | $293K | $167K |
| Gross Profit | $2.45M | -$2.48M | -$1.46M | $126K | $138K |
| Gross Margin | 54.3% | -261.2% | -799.4% | 30.1% | 45.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $15.73M | $4.22M | $8.05M | $4.59M | $4.46M |
| Other | $2.51M | $0 | $0 | $472K | $508K |
| Total Operating Expenses | $18.24M | $4.22M | $8.05M | $5.06M | $4.97M |
| Operating Income (EBIT) | -$15.79M | -$6.7M | -$9.51M | -$4.93M | -$4.83M |
| Operating Margin | -349.4% | -706.4% | -5208.8% | -1176.3% | -1581.3% |
| Interest Expense | $815K | $334K | $106K | $170K | $177K |
| Interest Income | $0 | $0 | $836 | $0 | $147 |
| Other Income (Expense) | -$1.8M | -$1.04M | $7.94M | -$504K | -$563K |
| Income Before Tax (EBT) | -$17.59M | -$7.74M | -$1.57M | -$5.44M | -$5.39M |
| Income Tax Expense | $0 | -$54K | $306K | $0 | $0 |
| Net Income | -$17.59M | -$26.02M | -$1.88M | -$5.45M | -$5.38M |
| Net Income Margin | -389.4% | -2743.8% | -1028.6% | -1300.2% | -1761.6% |
| Supplementary Data | |||||
| EPS | -5.75 | -0.58 | -0.03 | -3.25 | -0.13 |
| Diluted EPS | -5.75 | -0.58 | -0.03 | -3.25 | -0.13 |
| Weighted Average OS | 3.05M | 44.63M | 42.69M | 1.70M | 40.01M |
| EBITDA | -$16.23M | -$6.23M | -$9.07M | -$5.11M | -$5.06M |
| EBITDA Margin | -359.2% | -657.2% | -4971.3% | -1218.4% | -1658.0% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-04-30 | 2022-04-30 | 2021-04-30 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $7.78M | $3.12M | $6.46M | $1.26M | $2.07M | $108K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7.78M | $3.12M | $6.46M | $1.26M | $2.07M | $108K |
| Accounts Receivable | $68K | $182K | $31K | $89K | $134K | $5K |
| Inventory | $0 | $0 | $0 | $3.06M | $0 | $0 |
| Other Current Assets | $1.92M | $557K | $670K | $251K | $38K | $219K |
| Total Current Assets | $9.78M | $4.04M | $7.4M | $4.66M | $2.36M | $338K |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $65K | $103K | $329K | $2.19M | $2.02M | $0 |
| Goodwill | $7.46M | $4.21M | $0 | $5.14M | $0 | $0 |
| Intangible Assets | $4.31M | $3.39M | $19.17M | $9M | $599K | $0 |
| Long-Term Investments | $112K | $215K | $115K | $115K | $115K | $0 |
| Deferred Tax Assets | $0 | $0 | $455K | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $31K | $406K | $0 | $1.8M | $1.14M |
| Total Long-Term Assets | $11.94M | $7.95M | $20.48M | $16.44M | $4.53M | $1.14M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $21.72M | $11.99M | $27.88M | $21.09M | $6.89M | $1.48M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $306K | $656K | $462K | $413K | $81K | $0 |
| Short-Term Debt | $296K | $781K | $190K | $7.07M | $8.23M | $1.01M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $396K | $279K | $594K | $0 | $0 | $0 |
| Other Current Liabilities | $1.96M | $1.26M | $817K | $0 | $3.77M | $0 |
| Total Current Liabilities | $3.63M | $4.15M | $2.06M | $7.68M | $12.2M | $1.01M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $88K | $5.2M | $247K | $247K | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $455K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $5.48M | $1.09M | $406K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $5.57M | $6.28M | $1.11M | $247K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $9.2M | $10.43M | $3.17M | $7.93M | $12.2M | $1.01M |
| Stockholders' Equity | ||||||
| Preferred Stock | $1.02M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $132K | $46K | $44K | $43K | $9K | $40K |
| Retained Earnings | -$55.98M | -$38.26M | -$12.24M | -$10.99M | -$5.53M | -$3K |
| Comprehensive Income & Other | -$128K | $5K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $68.36M | $39.78M | $36.9M | $24.11M | $192K | $410K |
| Total Equity | $12.51M | $1.56M | $24.71M | $13.16M | -$5.33M | $447K |
| Minority Interest | $11K | $7K | $3K | $3K | $14K | $25K |
| Total Liabilities and Equity | $21.71M | $11.99M | $27.88M | $21.09M | $6.87M | $1.46M |
| Supplementary Data | ||||||
| Total Debt | $385K | $5.98M | $437K | $7.32M | $8.23M | $1.01M |
| Net Debt | -$7.4M | $2.85M | -$6.02M | $6.06M | $6.16M | $900K |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-04-30 | 2022-04-30 |
| Operating Activities | |||||
| Net Income | -$17.59M | -$7.68M | -$1.88M | -$5.45M | -$3.2M |
| Depreciation & Amortization | $543K | $467K | $434K | $158K | $151K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $860K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | $127K | -$29K | $58K | $66K | -$134K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$4K | $3K | $49K | $235K | $55K |
| Other Working Capital | -$1.26M | $136K | $569K | $54K | $1.61M |
| Total Working Capital Change | -$1.14M | $109K | $676K | $355K | $1.53M |
| Other Non-Cash Items | $6.06M | $1.07M | -$2.06M | -$23K | -$40K |
| Net Cash from Operating | -$11.26M | -$6.04M | -$2.83M | -$4.96M | -$1.56M |
| Investing Activities | |||||
| Capital Expenditures | -$43K | -$529K | -$175K | -$452K | -$4.98M |
| Acquisitions | -$1.02M | -$975K | $681K | -$25K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$115K |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$676K | -$50K | $0 | $1.56M | $2.45M |
| Net Cash from Investing | -$1.74M | -$1.55M | $506K | $1.08M | -$2.65M |
| Financing Activities | |||||
| Debt Repaid | $5.47M | -$4.99M | -$190K | $825K | -$6.5M |
| Common Stock Issuance | $25.57M | $0 | $7.33M | $4.28M | $98K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$2.45M | -$728K | $0 | -$416K | -$1.07M |
| Net Cash from Financing | $17.65M | $4.26M | $7.52M | $3.04M | $5.53M |
| Forex Effect | $14K | $0 | $1.26M | -$100 | $0 |
| Net Change in Cash | $4.66M | -$3.33M | $6.46M | -$839K | $1.33M |
| Supplementary Data | |||||
| Operating Cash Flow | -$11.26M | -$6.04M | -$2.83M | -$4.96M | -$1.56M |
| Capital Expenditure | -$43K | -$13K | -$41K | -$452K | -$4.98M |
| Free Cash Flow | -$11.31M | -$6.05M | -$2.87M | -$5.41M | -$6.54M |
| Cash at Beginning | $3.12M | $6.46M | $2.1M | $2.1M | $333K |
| Cash at End | $7.78M | $3.12M | $1.26M | $1.26M | $1.66M |