REAX Q1 2024 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

Q1 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$201M+86.1% YoY

Gross Profit

$21M10.3% margin

Operating Income

-$16M-7.8% margin

Net Income

-$16M-8.0% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+10.7%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$21M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$84M

Total Liabilities

$58M

Stockholders' Equity

$25M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$201M	$108M	+86.1%
Gross Profit	$21M	$11M	+92.1%
Operating Income	-$16M	-$7M	-123.3%
Net Income	-$16M	-$7M	-117.7%