REAX Q1 2023 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

Q1 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$108M+74.9% YoY

Gross Profit

$11M10.0% margin

Operating Income

-$7M-6.5% margin

Net Income

-$7M-6.9% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$9M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$52M

Total Liabilities

$32M

Stockholders' Equity

$20M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$108M	$62M	+74.9%
Gross Profit	$11M	$6M	+84.4%
Operating Income	-$7M	-$4M	-72.2%
Net Income	-$7M	-$4M	-79.7%