REAX FY 2023 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

FY 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$689M+80.5% YoY

Gross Profit

$63M9.1% margin

Operating Income

-$26M-3.8% margin

Net Income

-$28M-4.0% margin

EPS (Diluted)

$-0.15

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$19M

Stock-Based Comp.

$38M

Balance Sheet

Total Assets

$65M

Total Liabilities

$27M

Stockholders' Equity

$37M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$689M	$382M	+80.5%
Gross Profit	$63M	$32M	+96.8%
Operating Income	-$26M	-$19M	-35.7%
Net Income	-$28M	-$21M	-33.6%