REAX Q1 2025 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

Q1 2025 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$354M+76.3% YoY

Gross Profit

$34M9.6% margin

Operating Income

-$5M-1.5% margin

Net Income

-$5M-1.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$100M

Total Liabilities

$68M

Stockholders' Equity

$33M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$354M	$201M	+76.3%
Gross Profit	$34M	$21M	+63.5%
Operating Income	-$5M	-$16M	+66.9%
Net Income	-$5M	-$16M	+69.1%