The Real Brokerage Inc.

NASDAQ•REAX

CEO: Mr. Tamir Poleg

Sector: Real Estate

Industry: Real Estate - Services

Listing Date: 2021-01-08

The Real Brokerage Inc., together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.

Contact Information

701 Brickell Avenue, 17th Floor, Miami, FL, 33131, United States

646-859-2368

www.onereal.com

Market Cap

$537.12M

P/E (TTM)

-69.1

200.3

Dividend Yield

52W High

$5.41

52W Low

$2.31

52W Range

Rank44Top 53.8%

3.7

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Weak • 3.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$505.14M+0.00%

4-Quarter Trend

EPS

-$0.02+0.00%

4-Quarter Trend

FCF

-$875.56K+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Nasdaq Listing Status Common shares trade on Nasdaq under REAX symbol, with 210.5M shares outstanding as of December 31, 2025, ensuring public market access.

Strong Governance Framework Audit committee established with independent members, ensuring financial reporting integrity and compliance with SEC and Nasdaq standards for foreign private issuers.

Strategic Ancillary Growth Focus on expanding mortgage, title, and wallet services to diversify revenue streams beyond traditional real estate brokerage commission income models.

Risk Factors

Real Estate Market Slowdown Extended downturns in residential markets could reduce transaction volumes, negatively impacting gross commission income and overall financial performance for the company.

Industry Antitrust Litigation Ongoing industry-wide antitrust lawsuits pose potential financial and operational risks, potentially affecting commission structures and future profitability across all operating regions.

Agent Retention Challenges Inability to maintain agent growth rates or retain high-performing talent could hinder expansion plans and reduce competitive positioning in key markets.

Cybersecurity and IT Risks Potential information technology failures or data security breaches threaten operational continuity and reputation, requiring robust protection of sensitive client information.

Outlook

Technology Platform Development Continued investment in proprietary tools like HeyLeo and Leo CoPilot to enhance agent productivity and improve service delivery across all platforms.

Ancillary Service Expansion Strategic focus on scaling One Real Title, One Real Mortgage, and Real Wallet to capture additional value from existing real estate transactions.

Capital Allocation Strategy Management maintains focus on optimizing working capital and funding development activities to support long-term growth objectives and future operational requirements.

Peer Comparison

Revenue (TTM)

HOUS

$5.87B

+5.3%

REAX

$1.97B

+55.6%

MMI

$755.16M

+8.5%

Gross Margin (Latest Quarter)

HOUS

81.2%

-0.2pp

MMI

36.7%

-0.2pp

20.1%

+5.6pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
HOUS	$1.98B	-15.4	-8.4%	54.2%
KW	$1.51B	320.2	0.3%	68.1%
MMI	$992.57M	-528.0	-0.3%	9.5%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

12.6%

Steady Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:May 6, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data