REAX Q2 2020 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$507M

Q2 2020 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$3M-25.2% YoY

Gross Profit

$281,00010.8% margin

Operating Income

-$458,000-17.7% margin

Net Income

-$2M-80.1% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-11.6%

Cash Flow

Operating Cash Flow

-$617,000

Free Cash Flow

-$617,000

Stock-Based Comp.

-$15,000

Balance Sheet

Total Assets

$2M

Total Liabilities

$1M

Stockholders' Equity

$724,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$3M	-25.2%
Gross Profit	$281,000	$589,000	-52.3%
Operating Income	-$458,000	-$356,000	-28.7%
Net Income	-$2M	-$360,000	-477.5%