REAX Q2 2024 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

Q2 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$341M+83.9% YoY

Gross Profit

$32M9.3% 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%