
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
Market Cap
$788.70M
P/E (TTM)
-64.2
251.6
Dividend Yield
--
52W High
$6.61
52W Low
$3.42
52W Range
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: 2018-2024
Financial Dashboard
Q2 2025 Data
Revenue
$540.75M+58.68%
4-Quarter Trend
EPS
$0.01-209.38%
4-Quarter Trend
FCF
$40.76M+67.11%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Outstanding Share Count Confirmed 202,499,045 common shares outstanding as of December 31, 2024 period close; filing confirms compliance status.
NASDAQ Listing Status Common shares trade on Nasdaq Capital Market under symbol REAX; Registrant qualifies as foreign private issuer.
Zero Contractual Obligations Tabular disclosure shows zero USD in Long-Term Debt, Capital Leases, and Purchase Obligations as of year-end.
Risk Factors
NASDAQ Quorum Deviation Follows Canadian by-law requiring 5% shareholder quorum, deviating from Nasdaq Rule 5620(c) 33-1/3% standard.
Real Estate Market Exposure Results subject to macroeconomic conditions impacting residential real estate strength and potential extended slowdowns.
Technology Adoption Uncertainty Risks tied to successful development, launch, and adoption of new technologies like Leo for Clients and CoPilot.
Outlook
Technology Development Focus Plans include development and launch of Real Wallet, Leo for Clients, and Leo CoPilot features for future growth.
Growth Strategy Execution Management targets future growth through business plans, strategies, and expected results from planned development activities.
Capital Access Planning Outlook includes expectations regarding capital expenditure programs and securing necessary funding for future development requirements.
Peer Comparison
Revenue (TTM)
$5.87B
REAX$1.62B
$725.90M
Gross Margin (Latest Quarter)
81.2%
48.5%
38.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| KW | $1.35B | -28.2 | -3.0% | 68.0% |
| HOUS | $1.30B | -10.2 | -8.4% | 51.0% |
| MMI | $1.21B | -98.0 | -2.0% | 10.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+13.2%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Reports
All Years
Form 40-F - FY 2024
Period End: Dec 31, 2024|Filed: Mar 6, 2025|Revenue: $1.26B+83.5%|EPS: $-0.14+6.7%MissForm 40-F/A - FY 2023
Period End: Dec 31, 2023|Filed: Jul 15, 2024|Revenue: $689.16M+80.5%|EPS: $-0.15-25.0%MissForm 40-F - FY 2023
Period End: Dec 31, 2023|Filed: Mar 14, 2024|Refer to amended dataForm 40-F - FY 2022
Period End: Dec 31, 2022|Filed: Mar 16, 2023|Revenue: $381.76M+213.7%|EPS: $-0.12-70.5%MissForm 40-F/A - FY 2021
Period End: Dec 31, 2021|Filed: Apr 14, 2022|Revenue: $121.68M+634.8%|EPS: $-0.07-60.7%BeatForm 40-F - FY 2021
Period End: Dec 31, 2021|Filed: Mar 18, 2022|Refer to amended data