REAX Q3 2024 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena

REAXThe Real Brokerage Inc.

$518M

Q3 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$372M+73.5% YoY

Gross Profit

$32M8.6% margin

Operating Income

-$2M-0.7% margin

Net Income

-$3M-0.7% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$102M

Total Liabilities

$72M

Stockholders' Equity

$30M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$372M	$215M	+73.5%
Gross Profit	$32M	$19M	+71.1%
Operating Income	-$2M	-$4M	+37.5%
Net Income	-$3M	-$4M	+35.7%