REAX Q3 2023 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

Q3 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$215M+92.3% YoY

Gross Profit

$19M8.7% margin

Operating Income

-$4M-1.8% margin

Net Income

-$4M-1.9% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+15.8%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$8M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$68M

Total Liabilities

$43M

Stockholders' Equity

$25M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$215M	$112M	+92.3%
Gross Profit	$19M	$9M	+118.9%
Operating Income	-$4M	-$4M	+10.8%
Net Income	-$4M	-$6M	+33.0%