Real Brokerage (REAX)
Runs a cloud brokerage platform with mortgage, title, wallet, and AI tools.
$17.32
After hours+0.20 (+1.17%)
At close$17.12(−0.52%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 215 | 181 | 201 | 341 | 372 | 351 | 354 | 541 | 569 | 505 | 466 | 701 |
| Cost of revenue | 196 | 166 | 180 | 309 | 340 | 321 | 320 | 493 | 524 | 466 | 423 | 642 |
| Gross profit | 19 | 15 | 21 | 32 | 32 | 30 | 34 | 48 | 45 | 39 | 42 | 58 |
| 23 | 26 | 27 | 33 | 35 | 36 | 39 | 46 | 45 | 44 | 45 | 54 | |
| Research & development | 2 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 |
| 21 | 25 | 24 | 30 | 31 | 32 | 35 | 42 | 40 | 38 | 40 | 48 | |
| Selling & marketing | 9 | 16 | 10 | 13 | 12 | 10 | 14 | 19 | 17 | 16 | 16 | 23 |
| General & administrative | 12 | 10 | 14 | 16 | 19 | 22 | 21 | 22 | 23 | 22 | 23 | 25 |
| Other expenses | 0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Operating income | −4 | −11 | −16 | −1 | −2 | −6 | −5 | 2 | 0 | −4 | −3 | 5 |
| 0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | −12 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Other non-operating income | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Income before tax | −4 | −12 | −16 | −1 | −3 | −7 | −5 | 2 | 0 | −5 | −3 | −7 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 |
| Net income from continuing operations | −4 | −12 | −16 | −1 | −3 | −7 | −5 | 2 | 0 | −4 | −3 | −8 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −4 | −12 | −16 | −1 | −3 | −7 | −5 | 2 | 0 | −4 | −3 | −8 |
| EPS, basic | −$0.02 | −$0.66 | −$0.87 | −$0.06 | −$0.13 | −$0.33 | −$0.24 | $0.07 | −$0.02 | −$0.19 | −$0.15 | −$0.30 |
| EPS, diluted | −$0.02 | −$0.66 | −$0.87 | −$0.06 | −$0.13 | −$0.33 | −$0.24 | $0.07 | −$0.02 | −$0.19 | −$0.15 | −$0.30 |
| Weighted average shares, basic | 181 | 18 | 18 | 19 | 20 | 20 | 20 | 21 | 22 | 22 | 22 | 23 |
| Weighted average shares, diluted | 181 | 18 | 18 | 19 | 20 | 20 | 20 | 23 | 22 | 22 | 22 | 23 |
| EBITDA | −4 | −12 | −16 | −1 | −2 | −6 | −5 | 2 | 0 | −4 | −3 | −6 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| EBIT | −4 | −12 | −16 | −1 | −2 | −6 | −5 | 2 | 0 | −5 | −3 | −7 |
