REAX Q2 2023 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

Q2 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$185M+65.0% YoY

Gross Profit

$18M9.6% margin

Operating Income

-$4M-2.0% margin

Net Income

-$4M-2.2% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+71.9%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$23M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$76M

Total Liabilities

$54M

Stockholders' Equity

$21M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$185M	$112M	+65.0%
Gross Profit	$18M	$9M	+91.1%
Operating Income	-$4M	-$4M	+5.2%
Net Income	-$4M	-$4M	-1.0%