REAX Q3 2020 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$507M

Q3 2020 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$4M+11.9% YoY

Gross Profit

$741,00018.8% margin

Operating Income

-$410,000-10.4% margin

Net Income

-$434,000-11.0% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+51.9%

Cash Flow

Operating Cash Flow

-$215,000

Free Cash Flow

-$222,000

Stock-Based Comp.

$139,000

Balance Sheet

Total Assets

$2M

Total Liabilities

$2M

Stockholders' Equity

$941,000

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$4M	+11.9%
Gross Profit	$741,000	$425,000	+74.4%
Operating Income	-$410,000	-$461,000	+11.1%
Net Income	-$434,000	-$1M	+67.6%