NASDAQ : AIRE
reAlpha Tech Corp. — Financial statements
Real Estate · Real Estate Services · United States
Last price 0.718 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 4.22M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
reAlpha Tech Corp. (AIRE) reported revenue of 4.29M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 4.29M | 4.52M | 948.42K | 182.53K | 419.41K | 305.38K |
| Cost of Revenue | 1.70M | 2.07M | 302.08K | 219.15K | 318.00K | 214.79K |
| Gross Profit | 2.60M | 2.45M | 646.34K | -36.62K | 101.41K | 90.58K |
| Selling, General & Admin | 16.32M | 15.73M | 5.76M | 8.34M | 4.72M | 4.61M |
| Other Operating Expenses | 2.27M | 1.97M | 1.30M | 628.05K | 159.17K | 154.78K |
| Operating Expenses | 19.15M | 18.24M | 7.35M | 9.01M | 5.04M | 4.92M |
| Operating Income | -16.56M | -15.79M | -6.70M | -9.05M | -4.93M | -4.83M |
| Interest Expense | -408.49K | -814.73K | -333.76K | -105.18K | -169.78K | -177.27K |
| Interest & Investment Income | 147.00 | |||||
| Other Non Operating Income (Expenses) | -354.38K | -934.00K | -500.60K | -29.65K | -334.23K | -385.94K |
| EBT Excluding Unusual Items | -17.32M | -17.54M | -7.53M | -9.18M | -5.44M | -5.39M |
| Gain (Loss) on Sale of Assets | 8.25M | |||||
| Asset Writedown | -114.12K | -220.02K | -202.97K | |||
| Legal Settlements | -187.50K | |||||
| Other Unusual Items | 124.32K | 165.29K | ||||
| Pretax Income | -17.31M | -17.59M | -7.74M | -1.12M | -5.44M | -5.39M |
| Income Tax Expense | -54.26K | 306.43K | ||||
| Earnings From Continuing Operations | -17.31M | -17.59M | -7.68M | -1.42M | -5.44M | -5.39M |
| Earnings From Discontinued Operations | -18.34M | -453.19K | -14.78K | |||
| Net Income to Company | -17.31M | -17.59M | -26.02M | -1.88M | -5.45M | -5.39M |
| Minority Interest in Earnings | -1.90K | -3.58K | -679.00 | -696.00 | -726.00 | 12.64K |
| Net Income | -17.31M | -17.59M | -26.02M | -1.88M | -5.45M | -5.38M |
| Preferred Dividends & Other Adjustments | 149.08K | 122.88K | ||||
| Net Income to Common | -17.46M | -17.72M | -26.02M | -1.88M | -5.45M | -5.38M |
| Shares Outstanding (Basic) | 4.75M | 3.05M | 1.79M | 1.71M | 1.62M | 1.60M |
| Shares Outstanding (Diluted) | 4.75M | 3.05M | 1.79M | 1.71M | 1.62M | 1.60M |
| EPS (Basic) | -3.68 | -5.80 | -14.58 | -1.10 | -3.37 | -3.36 |
| EPS (Diluted) | -3.68 | -5.80 | -14.58 | -1.10 | -3.37 | -3.36 |
| Free Cash Flow | -12.21M | -11.31M | -6.05M | -4.30M | -4.96M | -9.76M |
| Free Cash Flow Per Share | -2.57 | -3.70 | -3.39 | -2.52 | -3.07 | -6.10 |
| Gross Margin | 60.50% | 54.25% | 68.15% | -20.06% | 24.18% | 29.66% |
| Operating Margin | -385.79% | -349.38% | -706.40% | -4,957.46% | -1,176.31% | -1,581.31% |
| Profit Margin | -406.84% | -392.10% | -2,743.83% | -1,028.62% | -1,300.18% | -1,761.55% |
| Free Cash Flow Margin | -284.55% | -250.20% | -638.41% | -2,358.02% | -1,183.10% | -3,197.20% |
| EBITDA | -16.31M | -15.62M | -6.29M | -8.97M | -4.78M | -4.68M |
| D&A For EBITDA | 243.01K | 171.71K | 405.63K | 79.81K | 157.80K | 151.48K |
| EBIT | -16.56M | -15.79M | -6.70M | -9.05M | -4.93M | -4.83M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.23M | 7.78M | 3.12M | 6.46M | 1.26M | 2.07M |
| Cash & Short-Term Investments | 2.23M | 7.78M | 3.12M | 6.46M | 1.26M | 2.07M |
| Accounts Receivable | 164.96K | 68.15K | 182.43K | 30.63K | 68.12K | 133.82K |
| Other Receivables | 12.87K | 20.87K | ||||
| Receivables | 164.96K | 68.15K | 195.30K | 30.63K | 88.99K | 133.82K |
| Prepaid Expenses | 299.98K | 961.41K | 180.16K | 242.79K | 3.06M | 111.94K |
| Restricted Cash | 23.31K | |||||
| Other Current Assets | 786.44K | 962.29K | 544.11K | 670.50K | 250.68K | 14.90K |
| Total Current Assets | 3.48M | 9.78M | 4.04M | 7.40M | 4.66M | 2.36M |
| Property, Plant & Equipment | 105.97K | 64.63K | 102.64K | 34.93K | 1.93M | 2.02M |
| Long-Term Investments | 56.47K | 111.65K | 215.00K | 115.00K | 115.00K | 115.00K |
| Goodwill | 7.46M | 7.46M | 4.21M | 5.14M | ||
| Other Intangible Assets | 4.03M | 4.31M | 3.39M | 839.09K | 9.00M | 599.46K |
| Other Long-Term Assets | 31.25K | 19.04M | 253.43K | 1.80M | ||
| Total Assets | 15.14M | 21.72M | 11.99M | 27.42M | 21.09M | 6.89M |
| Accounts Payable | 724.44K | 306.22K | 655.76K | 431.70K | 412.95K | 81.38K |
| Accrued Expenses | 248.46K | 660.58K | 1.16M | 799.62K | 195.30K | 121.36K |
| Short-Term Debt | 245.89K | 296.19K | 781.14K | 190.09K | 5.85M | 8.23M |
| Current Portion of Long-Term Debt | 1.22M | |||||
| Current Unearned Revenue | 256.71K | 396.23K | 278.91K | |||
| Other Current Liabilities | 65.79K | 5.65K | 9.29K | 47.66K | 3.77M | |
| Total Current Liabilities | 3.40M | 3.63M | 4.15M | 2.06M | 7.68M | 12.20M |
| Long-Term Debt | 54.87K | 88.41K | 5.20M | 247.00K | 247.00K | |
| Long-Term Deferred Tax Liabilities | 406.25K | |||||
| Other Long-Term Liabilities | 5.00M | 5.48M | 1.09M | |||
| Total Liabilities | 8.46M | 9.20M | 10.43M | 2.72M | 7.93M | 12.20M |
| Common Stock | 5.37K | 131.74K | 45.87K | 44.12K | 42.52K | 8.63K |
| Additional Paid-In Capital | 69.13M | 67.47M | 39.77M | 36.90M | 24.11M | 192.49K |
| Retained Earnings | -63.44M | -55.98M | -38.26M | -12.24M | -10.99M | -5.53M |
| Comprehensive Income & Other | -120.60K | -127.89K | 5.01K | |||
| Total Common Equity | 5.57M | 11.49M | 1.56M | 24.71M | 13.16M | -5.33M |
| Minority Interest | 10.98K | 11.03K | 7.45K | 3.05K | 2.61K | 13.60K |
| Shareholders' Equity | 6.68M | 12.52M | 1.57M | 24.71M | 13.17M | -5.32M |
| Total Liabilities & Equity | 15.14M | 21.72M | 11.99M | 27.42M | 21.09M | 6.89M |
| Total Debt | 300.76K | 384.60K | 5.98M | 437.10K | 7.32M | 8.23M |
| Net Cash (Debt) | 1.93M | 7.40M | -2.85M | 6.02M | -6.06M | -6.16M |
| Net Cash Per Share | 0.41 | 2.42 | -1.60 | 3.53 | -3.75 | -3.85 |
| Filing Date Shares Outstanding | 5.88M | 5.27M | 1.85M | 1.76M | 1.70M | 1.60M |
| Total Common Shares Outstanding | 5.37M | 5.27M | 1.83M | 1.76M | 1.70M | 1.60M |
| Working Capital | 84.34K | 6.15M | -102.34K | 5.34M | -3.02M | -9.85M |
| Book Value Per Share | 1.04 | 2.18 | 0.85 | 14.00 | 7.74 | -3.33 |
| Tangible Book Value | -5.92M | -275.47K | -6.04M | 23.87M | -971.13K | -5.93M |
| Tangible Book Value Per Share | -1.10 | -0.05 | -3.29 | 13.52 | -0.57 | -3.71 |
| Land | 218.56K | 218.56K | ||||
| Buildings | 1.71M | 1.71M | ||||
| Machinery | 174.18K | 172.02K | 196.26K | 54.25K | 107.52K | 101.64K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -17.31M | -17.59M | -26.02M | -1.88M | -5.45M | -5.38M |
| Depreciation & Amortization | 243.01K | 171.71K | -123.93K | 79.81K | 157.80K | 151.48K |
| Other Amortization | 674.58K | 917.08K | 772.49K | 353.79K | ||
| Loss (Gain) From Sale of Assets | 4.11K | 52.86K | 301.00 | -8.38M | -22.82K | -34.85K |
| Asset Writedown & Restructuring Costs | 130.16K | 220.02K | 18.43M | |||
| Loss (Gain) From Sale of Investments | 90.00K | 90.00K | -20.66K | |||
| Loss (Gain) on Equity Investments | 16.14K | 13.35K | ||||
| Stock-Based Compensation | 1.30M | 862.48K | 316.18K | |||
| Other Operating Activities | 3.82M | 5.14M | 500.68K | 4.57M | 726.00 | -12.64K |
| Change in Accounts Receivable | 26.70K | 114.28K | -16.44K | 56.23K | 65.70K | -133.82K |
| Change in Accounts Payable | -501.54K | -491.75K | -19.77K | 73.39K | 235.43K | 81.38K |
| Change in Unearned Revenue | -22.20K | 117.32K | 278.08K | 890.62K | ||
| Change in Other Net Operating Assets | -615.85K | -875.72K | -132.84K | -6.07K | 54.22K | -48.98K |
| Operating Cash Flow | -12.14M | -11.26M | -6.04M | -4.24M | -4.96M | -5.38M |
| Capital Expenditures | -73.91K | -42.90K | -12.53K | -61.26K | -4.39M | |
| Sale of Property, Plant & Equipment | 293.31K | 1.10M | 1.56M | 1.69M | ||
| Cash Acquisitions | -1.87M | -1.52M | -1.27M | -75.00K | -25.00K | |
| Sale (Purchase) of Intangibles | -103.60K | -176.14K | -516.54K | -201.60K | -452.45K | -597.68K |
| Investment in Securities | -50.00K | -115.00K | ||||
| Investing Cash Flow | -2.05M | -1.74M | -1.55M | 759.15K | 1.08M | -3.41M |
| Short-Term Debt Issued | 7.92M | |||||
| Long-Term Debt Issued | 155.48K | 6.16M | 247.00K | |||
| Total Debt Issued | 155.48K | 6.16M | 285.14K | 247.00K | 7.92M | |
| Long-Term Debt Repaid | -5.62M | -1.16M | -1.07M | -1.42M | ||
| Net Debt Issued (Repaid) | -4.15M | -5.47M | 4.99M | 285.14K | -824.71K | 6.50M |
| Issuance of Common Stock | 22.19M | 25.57M | 11.00M | 4.28M | 4.37M | |
| Other Financing Activities | -2.22M | -2.45M | -727.50K | -416.31K | -592.29K | |
| Financing Cash Flow | 15.82M | 17.65M | 4.26M | 11.28M | 3.04M | 10.28M |
| Foreign Exchange Rate Adjustments | 13.25K | 13.51K | ||||
| Net Cash Flow | 1.64M | 4.66M | -3.33M | 7.80M | -838.53K | 1.50M |
| Free Cash Flow | -12.21M | -11.31M | -6.05M | -4.30M | -4.96M | -9.76M |
| Free Cash Flow Margin | -284.55% | -250.20% | -638.41% | -2,358.02% | -1,183.10% | -3,197.20% |
| Free Cash Flow Per Share | -2.57 | -3.70 | -3.39 | -2.52 | -3.07 | -6.10 |
| Levered Free Cash Flow | -7.35M | -9.75M | -2.44M | -9.97M | ||
| Unlevered Free Cash Flow | -7.40M | -9.79M | -2.42M | -9.86M | ||
| Cash Interest Paid | 471.43K | 468.73K | 58.90K | 105.18K | 169.78K | |
| Cash Income Tax Paid | 22.14K | 22.14K | ||||
| Change in Working Capital | -1.11M | -1.14M | 109.03K | 1.01M | 355.35K | -101.42K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.22M | 54.55M | 132.55M | 87.80M | ||
| Enterprise Value | 2.30M | 45.88M | 131.41M | 87.46M | ||
| Last Close Price | 0.72 | 10.43 | 72.25 | 49.75 | ||
| PS Ratio | 0.98 | 12.07 | 139.76 | 481.02 | ||
| PB Ratio | 0.69 | 4.36 | 84.56 | 3.55 | ||
| P/TBV Ratio | 3.68 | |||||
| EV/Sales Ratio | 0.53 | 10.15 | 138.56 | 479.15 | ||
| Debt / Equity Ratio | 0.04 | 0.03 | 3.81 | 0.02 | 0.56 | -1.55 |
| Net Debt / Equity Ratio | -0.29 | -0.59 | 1.82 | -0.24 | 0.46 | -1.16 |
| Net Debt / EBITDA Ratio | 0.12 | 0.47 | -0.45 | 0.67 | -1.27 | -1.32 |
| Net Debt / FCF Ratio | 0.16 | 0.65 | -0.47 | 1.40 | -1.22 | -0.63 |
| Asset Turnover | 0.28 | 0.27 | 0.05 | 0.03 | ||
| Quick Ratio | 0.70 | 2.17 | 0.80 | 3.15 | 0.17 | 0.18 |
| Current Ratio | 1.02 | 2.70 | 0.97 | 3.59 | 0.61 | 0.19 |
| Return on Equity (ROE) | -620.74% | -249.70% | -58.48% | -138.58% | ||
| Return on Assets (ROA) | -67.52% | -58.54% | -21.25% | -22.04% | ||
| Return on Capital Employed (ROCE) | -141.10% | -87.30% | -85.40% | -35.70% | -36.80% | 90.80% |
| Earnings Yield | -512.02% | -32.26% | -19.63% | -2.14% | ||
| FCF Yield | -289.06% | -20.73% | -4.57% | -4.90% | ||
| Buyback Yield / Dilution | -153.77% | -70.99% | -4.55% | -5.56% | -1.07% |