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The Real Brokerage Inc. (REAX) 10-Year Financial Performance & Capital Metrics

REAX • • REIT / Real Estate
Real EstateReal Estate ServicesReal Estate Brokerage & Agency ServicesResidential Brokerage Networks
AboutThe Real Brokerage Inc., together with its subsidiaries, operates as a technology-powered real estate brokerage company. It provides brokerage services for the real estate market through a network of agents. The company offers agents a mobile-focused tech platform to run its business, as well as business terms and wealth-building opportunities. It operates in 42 states in the United States, the District of Columbia, and Canada. The Real Brokerage Inc. is headquartered in Toronto, Canada.Show more
  • Revenue $1.26B +83.5%
  • FFO -$25M +4.7%
  • FFO/Share -0.13 +11.2%
  • FFO Payout 0%
  • FFO per Share -0.13 +11.2%
  • NOI Margin 9.07% -0.6%
  • FFO Margin -1.99% +48.0%
  • ROE -76.68% +17.1%
  • ROA -35.12% +30.8%
  • Debt/Assets -
  • Net Debt/EBITDA -
  • Book Value/Share 0.17 -19.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FFO growing 65.1% TTM

✗Weaknesses

  • ✗Low NOI margin of 9.1%
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 23.0x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y140.4%
3Y118.23%
TTM72.57%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM61.91%

EPS CAGR

10Y-
5Y-
3Y-
TTM64.87%

ROCE

10Y Avg-236.45%
5Y Avg-61.23%
3Y Avg-78.48%
Latest-72.6%

Peer Comparison

Residential Brokerage Networks
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
RMAXRE/MAX Holdings, Inc.163.46M8.1522.03-5.52%4.27%32.44%
BEKEKE Holdings Inc.19.01B17.555.0920.16%3.36%5.12%44.23%0.32
FTHMFathom Holdings Inc.42.11M1.30-1.22-2.91%-4.7%-45.71%0.42
DOUGDouglas Elliman Inc.249.58M2.81-3.094.19%-5.76%-51.69%0.96
UOKAMDJM Ltd2.47M2.31-10.64-66.61%-22.51%-121.44%
HOUSAnywhere Real Estate Inc.1.98B17.64-15.340.99%-2.18%-8.42%1.31%1.95
REAXThe Real Brokerage Inc.817.55M3.86-27.5783.5%-0.78%-25.9%5.83%
LRHCLa Rosa Holding Corp. Common Stock942.69K0.58-56.31118.67%-35.48%-488.37%0.72

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+8.44M15.75M16.56M121.68M381.76M689.16M1.26B
Revenue Growth %-0.87%0.05%6.35%2.14%0.81%0.84%
Property Operating Expenses7.13M13.79M14.4M110.59M349.81M626.28M1.15B
Net Operating Income (NOI)+-------
NOI Margin %-------
Operating Expenses+113.69K3.63M4.8M22.11M51.12M88.88M139.97M
G&A Expenses113.69K3.4M4.75M18.38M46.83M81.52M117.17M
EBITDA+-76.69K-1.53M-2.56M-10.8M-18.84M-24.88M-23.83M
EBITDA Margin %-------
Depreciation & Amortization+37K137K91K213K333K1.13M1.4M
D&A / Revenue %-------
Operating Income+-113.69K-1.67M-2.65M-11.02M-19.17M-26.01M-25.23M
Operating Margin %-------
Interest Expense+0583K140K101K1.17M68K1.12M
Interest Coverage--2.86x-18.90x-109.08x-16.43x-382.50x-22.46x
Non-Operating Income2.26M0835K049K611K851K
Pretax Income+-113.77K-2.25M-3.62M-11.68M-20.34M-27.22M-26.45M
Pretax Margin %-------
Income Tax+0000000
Effective Tax Rate %-------
Net Income+-113.77K-2.83M-4.46M-12.34M-20.58M-27.5M-26.54M
Net Margin %-------
Net Income Growth %--23.91%-0.57%-1.77%-0.67%-0.34%0.03%
Funds From Operations (FFO)+-------
FFO Margin %-------
FFO Growth %--34.13%-0.62%-1.78%-0.67%-0.3%0.05%
FFO per Share+-------
FFO Payout Ratio %-------
EPS (Diluted)+-0.00-0.02-0.04-0.07-0.12-0.15-0.14
EPS Growth %---1.17%-0.58%-0.74%-0.25%0.07%
EPS (Basic)-0.00-0.02-0.04-0.07-0.12-0.15-0.14
Diluted Shares Outstanding140.1M140.1M101.85M178.97M178.2M178.13M191.17M

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+357.59K408K21.91M40M43.76M64.55M86.59M
Asset Growth %-0.14%52.69%0.83%0.09%0.47%0.34%
Real Estate & Other Assets+0-213K-207K0-15.39M00
PP&E (Net)350K213K207K279K1.42M1.6M2.12M
Investment Securities0000000
Total Current Assets+357.59K195K21.7M38.66M28.37M50.51M72.91M
Cash & Equivalents357.59K53K21.23M29.08M10.85M14.71M23.38M
Receivables276K66K338K277K1000K1000K1000K
Other Current Assets246K43K47K3.31M7.48M12.95M24.09M
Intangible Assets000451K3.71M3.44M2.58M
Total Liabilities14.09K12.35M1.11M12.99M21.35M27.46M54.45M
Total Debt+10.97M11.97M215K131K96K00
Net Debt10.61M11.92M-21.01M-28.95M-10.75M-14.71M-23.38M
Long-Term Debt10.75M11.75M00000
Short-Term Borrowings0000000
Capital Lease Obligations342K222K215K131K96K00
Total Current Liabilities+14.09K498K964K12.31M21.11M27.2M54.45M
Accounts Payable352K336K815K54K474K571K1.37M
Deferred Revenue0003.31M7.48M024.09M
Other Liabilities0015K2.91M242K269K0
Total Equity+343.5K-11.94M20.8M27M22.41M37.08M32.14M
Equity Growth %--35.76%2.74%0.3%-0.17%0.65%-0.13%
Shareholders Equity343.5K-11.94M5.98M27M22.15M36.88M32.15M
Minority Interest0014.82M0263K209K-3K
Common Stock380.71K400.98K00000
Additional Paid-in Capital78K1.26M21.67M63.4M63.2M62.57M138.64M
Retained Earnings-107.97K-14.83M-18.45M-30.13M-50.7M-78.2M-104.75M
Preferred Stock0000000
Return on Assets (ROA)-0.32%-7.4%-0.4%-0.4%-0.49%-0.51%-0.35%
Return on Equity (ROE)-0.33%--1.01%-0.52%-0.83%-0.92%-0.77%
Debt / Assets30.68%29.34%0.01%0%0%--
Debt / Equity31.94x-0.01x0.00x0.00x--
Net Debt / EBITDA-------
Book Value per Share0.00-0.090.200.150.130.210.17

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-2.55M-1.32M-1.6M3.94M6M19.87M48.73M
Operating CF Growth %-0.48%-0.21%3.46%0.52%2.31%1.45%
Operating CF / Revenue %-------
Net Income-2.52M-2.25M-3.62M-12.03M-20.34M-27.5M-26.54M
Depreciation & Amortization147K137K91K213K333K1.13M1.4M
Stock-Based Compensation-25K488K1.14M4.03M16.2M38.4M52.92M
Other Non-Cash Items107K-31K599K694K167K1.1M1.06M
Working Capital Changes-254K333K190K11.03M9.63M6.74M19.9M
Cash from Investing+-1K-3K-16K-10.21M-9.05M-6.63M3.81M
Acquisitions (Net)000-1.1M-8.28M6M0
Purchase of Investments000-8.94M-125K-6.85M-1.69M
Sale of Investments0001000K125K847K1000K
Other Investing-1K-3K0-1.1M637K-6M0
Cash from Financing+413.41K880K22.93M13.95M-7.85M-3.96M-33.14M
Dividends Paid0000000
Common Dividends0000000
Debt Issuance (Net)-120K-120K123K0-35K-96K0
Share Repurchases000-12.64M-8.06M-2.87M-36.28M
Other Financing1.33M020.72M-84K246K-999K3.14M
Net Change in Cash+416.81K-432K21.17M7.86M-10.8M9.33M19.81M
Exchange Rate Effect41K15K-141K171K100K44K410K
Cash at Beginning-59.22K485K53K21.23M29.13M18.33M27.66M
Cash at End357.59K53K21.23M29.08M18.33M27.66M47.47M
Free Cash Flow+-36.6K-1.32M-1.62M3.77M4.59M19.24M47.69M
FCF Growth %--35.17%-0.22%3.33%0.22%3.2%1.48%
FCF / Revenue %-------

Key Ratios

Metric2018201920202021202220232024
FFO per Share-0-0.02-0.04-0.07-0.11-0.15-0.13
FFO Payout Ratio0%0%0%0%0%0%0%
NOI Margin15.53%12.48%13.01%9.12%8.37%9.12%9.07%
Debt / Assets3067.75%2934.31%0.98%0.33%0.22%--
Interest Coverage--2.86x-18.90x-109.08x-16.43x-382.50x-22.46x
Book Value / Share0-0.090.20.150.130.210.17
Revenue Growth-86.53%5.13%634.83%213.74%80.52%83.5%

Frequently Asked Questions

Growth & Financials

The Real Brokerage Inc. (REAX) reported $1.62B in revenue for fiscal year 2024. This represents a 19060% increase from $8.4M in 2018.

The Real Brokerage Inc. (REAX) grew revenue by 83.5% over the past year. This is strong growth.

The Real Brokerage Inc. (REAX) reported a net loss of $12.7M for fiscal year 2024.

Dividend & Returns

The Real Brokerage Inc. (REAX) has a return on equity (ROE) of -76.7%. Negative ROE indicates the company is unprofitable.

Industry Metrics

The Real Brokerage Inc. (REAX) generated Funds From Operations (FFO) of $-11.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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