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REAX Q2 2024 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena
REAX
The Real Brokerage Inc.
$518M
Q2 2024 Earnings
Real Estate
Real Estate - Services
Income Statement
Revenue
$341M
+83.9% YoY
Gross Profit
$32M
9.3% margin
Operating Income
-$644,000
-0.2% margin
Net Income
-$1M
-0.4% margin
EPS (Diluted)
$-0.01
QoQ Revenue Growth
+69.8%
Cash Flow
Operating Cash Flow
$25M
Free Cash Flow
$24M
Stock-Based Comp.
$14M
Balance Sheet
Total Assets
$110M
Total Liabilities
$79M
Stockholders' Equity
$31M
Cash & Equivalents
$23M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$341M
$185M
+83.9%
Gross Profit
$32M
$18M
+77.5%
Operating Income
-$644,000
-$4M
+82.8%
Net Income
-$1M
-$4M
+70.5%
← FY 2024
All Quarters
Q3 2024 →