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reAlpha Tech Corp. Common Stock(AIRE)Earnings, Financials & Key Ratios
AIRE•NASDAQ•REIT / Real Estate
$2.93
$16M mkt cap·Price updated May 6, 2026
AboutreAlpha Tech Corp., a real estate technology company, focuses on developing, utilizing, and commercializing real-estate focused artificial intelligence (AI). The company operates in two segments, Platform Services and Rental Business. The Platform Services segment offers and develops AI-based products and services to customers in the real-estate industry. The Rental Business segment focuses on purchasing properties for syndication, which is powered by its platform services technologies. The company was formerly known as reAlpha Asset Management Inc. and changed its name to reAlpha Tech Corp. in March 2023. reAlpha Tech Corp. was incorporated in 2021 and is based in Dublin, Ohio.Show more
- Revenue$5M+376.4%
- FFO-$17M+33.3%
- FFO/Share-5.59-875.5%
- FFO Payout0%
- FFO per Share-5.59-875.5%
- NOI Margin54.25%+120.8%
- FFO Margin-377.36%+86.0%
- ROE-249.75%-26.1%
- ROA-104.38%+20.0%
- Debt/Assets1.77%-96.4%
- Book Value/Share4.10+11579.5%
AIRE Key Insights
reAlpha Tech Corp. Common Stock (AIRE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong Piotroski F-Score: 7/9
- ✓FFO growing 31.2% TTM
- ✓Share count reduced 93.2% through buybacks
- ✓Trading at only 0.7x book value
✗Weaknesses
- ✗Weak momentum: RS Rating 2 (bottom 2%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AIRE Price & Volume
reAlpha Tech Corp. Common Stock (AIRE) stock price & volume — 10-year historical chart
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AIRE Growth Metrics
reAlpha Tech Corp. Common Stock (AIRE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years120.86%
TTM139.2%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM30.49%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-122.36%
Return on Capital
10 Years-152.74%
5 Years-152.74%
3 Years-70%
Last Year-121.72%
AIRE Peer Comparison
reAlpha Tech Corp. Common Stock (AIRE) competitors in Residential iBuying and instant offers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 EXPI | 1.01B | 6.28 | -44.86 | 4.48% | -0.48% | -9.36% | 10.78% | |
 OPEN | 4.99B | 5.23 | -3.08 | -15.18% | -29.74% | -129.35% | 20.79% | 0.19 |
 HOUS | 1.98B | 17.64 | -15.34 | 0.99% | -2.18% | -8.42% | 1.31% | 1.95 |
 ABNB | 84.96B | 139.73 | 34.67 | 10.26% | 22.03% | 30.56% | 5.47% | 0.24 |
 SOND | 2.66K | 0.00 | 0 | 3.19% | -42.27% | |||
 TRIP | 1.29B | 11.28 | 36.39 | 3.05% | 2.12% | 6.2% | 12.62% | 1.92 |
 CSGP | 14.79B | 34.90 | 2102.41 | 18.67% | 0.74% | 0.3% | 0.28% | 0.14 |
 Z | 10.47B | 43.54 | 483.78 | 15.52% | -1.29% | -0.64% | 2.24% | 0.02 |
Compare AIRE vs Peers
reAlpha Tech Corp. Common Stock (AIRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AIRE Income Statement
reAlpha Tech Corp. Common Stock (AIRE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Apr'22 | Apr'23 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 305.38K | 419.41K | 182.53K | 948.42K | 4.52M | 4.43M |
| Revenue Growth % | - | 37.34% | -56.48% | 419.58% | 376.42% | 139.2% |
| Property Operating Expenses | 167.19K | 293.2K | 1.64M | 3.43M | 2.07M | 1.95M |
| Net Operating Income (NOI) | 138.18K▲ 0% | 126.21K▼ 8.7% | -1.46M▼ 1256.2% | -2.48M▼ 69.8% | 2.45M▲ 199.0% | 2.49M▲ 0% |
| NOI Margin % | 45.25% | 30.09% | -799.39% | -261.21% | 54.25% | 56.05% |
| Operating Expenses | 4.97M | 5.06M | 8.05M | 4.22M | 18.24M | 20.18M |
| G&A Expenses | 4.46M | 4.59M | 8.05M | 4.22M | 15.73M | 17.52M |
| EBITDA | -4.68M | -4.78M | -9.07M | -6.23M | -15.24M | -17.12M |
| EBITDA Margin % | -1531.7% | -1138.69% | -4971.28% | -657.19% | -337.36% | -386.03% |
| Depreciation & Amortization | 151.48K | 157.8K | 433.6K | 466.69K | 543.17K | 577.97K |
| D&A / Revenue % | 49.6% | 37.62% | 237.54% | 49.21% | 12.02% | 13.04% |
| Operating Income | -4.83M▲ 0% | -4.93M▼ 2.2% | -9.51M▼ 92.7% | -6.7M▲ 29.5% | -15.79M▼ 135.6% | -17.69M▲ 0% |
| Operating Margin % | -1581.31% | -1176.31% | -5208.83% | -706.4% | -349.38% | -399.06% |
| Interest Expense | 177.27K | 169.78K | 106.01K | 333.76K | 814.73K | 705.05K |
| Interest Coverage | -29.42x | -31.03x | -89.69x | -20.07x | -20.59x | - |
| Non-Operating Income | 385.8K | 334.23K | 0 | 0 | 988.72K | 799.03K |
| Pretax Income | -5.39M▲ 0% | -5.44M▼ 0.8% | -1.57M▲ 71.1% | -7.74M▼ 392.7% | -17.59M▼ 127.4% | -19.08M▲ 0% |
| Pretax Margin % | -1765.69% | -1296.48% | -860.36% | -815.78% | -389.3% | -430.29% |
| Income Tax | -13.3K | 0 | 306.43K | -54.26K | 0 | 0 |
| Effective Tax Rate % | 0.25% | 0% | -19.51% | 0.7% | 0% | 0% |
| Net Income | -5.38M▲ 0% | -5.45M▼ 1.4% | -1.88M▲ 65.6% | -26.02M▼ 1286.0% | -17.59M▲ 32.4% | -19.08M▲ 0% |
| Net Margin % | -1761.55% | -1300.18% | -1028.62% | -2743.83% | -389.38% | -430.38% |
| Net Income Growth % | - | -1.37% | 65.57% | -1285.98% | 32.39% | 30.49% |
| Funds From Operations (FFO) | -5.23M▲ 0% | -5.3M▼ 1.3% | -1.44M▲ 72.7% | -25.56M▼ 1669.8% | -17.05M▲ 33.3% | -18.5M▲ 0% |
| FFO Margin % | -1711.95% | -1262.56% | -791.07% | -2694.62% | -377.36% | -417.34% |
| FFO Growth % | - | -1.29% | 72.73% | -1669.85% | 33.28% | -357.47% |
| FFO per Share | -0.13 | -3.11 | -0.03 | -0.57 | -5.59 | -3.49 |
| FFO Payout Ratio % | 0% | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | -0.13▲ 0% | -3.25▼ 2400.0% | -0.03▲ 99.1% | -0.58▼ 1879.5% | -5.75▼ 891.4% | -3.60▲ 0% |
| EPS Growth % | - | -2400% | 99.1% | -1879.52% | -891.38% | -122.36% |
| EPS (Basic) | -0.13 | -3.25 | -0.03 | -0.58 | -5.75 | - |
| Diluted Shares Outstanding | 40.01M | 1.7M | 42.69M | 44.63M | 3.05M | 5.3M |
AIRE Balance Sheet
reAlpha Tech Corp. Common Stock (AIRE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Apr'22 | Apr'23 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Total Assets | 6.89M | 21.09M | 27.88M | 11.99M | 21.72M | 17.64M |
| Asset Growth % | - | 206.29% | 32.17% | -56.98% | 81.06% | -3.12% |
| Real Estate & Other Assets | 0 | 0 | 406.25K | 31.25K | 0 | 0 |
| PP&E (Net) | 3.82M | 2.19M | 328.54K | 102.64K | 64.63K | 103.17K |
| Investment Securities | 115K | 115K | 115K | 215K | 111.65K | 59.42K |
| Total Current Assets | 2.36M | 4.66M | 7.4M | 4.04M | 9.78M | 5.85M |
| Cash & Equivalents | 2.07M | 1.26M | 6.46M | 3.12M | 7.78M | 4.67M |
| Receivables | 133.82K | 88.99K | 30.63K | 182.43K | 68.15K | 91.61K |
| Other Current Assets | 38.21K | 250.68K | 670.5K | 556.98K | 1.92M | 737.38K |
| Intangible Assets | 599.46K | 9M | 19.17M | 3.39M | 4.31M | 4.16M |
| Total Liabilities | 12.2M | 7.93M | 3.17M | 10.43M | 9.2M | 8.33M |
| Total Debt | 8.23M | 7.32M | 437.1K | 5.98M | 384.6K | 330.51K |
| Net Debt | 6.16M | 6.06M | -6.02M | 2.85M | -7.4M | -4.34M |
| Long-Term Debt | 0 | 247K | 247K | 5.2M | 88.41K | 71.63K |
| Short-Term Borrowings | 8.23M | 7.07M | 190.09K | 781.14K | 296.19K | 258.88K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 12.2M | 7.68M | 2.06M | 4.15M | 3.63M | 2.75M |
| Accounts Payable | 81.38K | 412.95K | 461.88K | 655.76K | 306.22K | 551.53K |
| Deferred Revenue | 0 | 0 | 593.75K | 0 | 396.23K | 363.62K |
| Other Liabilities | 0 | 0 | 406.25K | 1.09M | 5.48M | 5.51M |
| Total Equity | -5.32M▲ 0% | 13.17M▲ 347.6% | 24.71M▲ 87.7% | 1.57M▼ 93.7% | 12.52M▲ 698.8% | 9.31M▲ 0% |
| Equity Growth % | - | 347.56% | 87.67% | -93.66% | 698.84% | 1606.89% |
| Shareholders Equity | -5.33M | 13.16M | 24.71M | 1.56M | 12.51M | 9.3M |
| Minority Interest | 13.6K | 2.61K | 3.05K | 7.45K | 11.03K | 11.03K |
| Common Stock | 8.63K | 42.52K | 44.12K | 45.87K | 131.74K | 134.12K |
| Additional Paid-in Capital | 192.49K | 24.11M | 0 | 39.77M | 0 | 68.59M |
| Retained Earnings | -5.53M | -10.99M | -12.24M | -38.26M | -55.98M | -60.36M |
| Preferred Stock | 0 | 0 | 0 | 0 | 1.02M | 1.06M |
| Return on Assets (ROA) | -78.11% | -38.98% | -7.67% | -130.53% | -104.38% | -102.32% |
| Return on Equity (ROE) | - | -138.97% | -9.91% | -198.07% | -249.75% | -241.31% |
| Debt / Assets | 119.49% | 34.7% | 1.57% | 49.83% | 1.77% | 1.87% |
| Debt / Equity | - | 0.56x | 0.02x | 3.81x | 0.03x | 0.03x |
| Net Debt / EBITDA | - | - | - | - | - | 0.25x |
| Book Value per Share | -0.13 | 7.74 | 0.58 | 0.04 | 4.10 | 1.76 |
AIRE Cash Flow Statement
reAlpha Tech Corp. Common Stock (AIRE) cash flow — operating, investing & free cash flow history
| Line item | Apr'22 | Apr'23 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -1.56M | -4.96M | -2.83M | -6.04M | -11.26M | -11.26M |
| Operating CF Growth % | - | -218.48% | 42.99% | -113.61% | -86.4% | -412.1% |
| Operating CF / Revenue % | -510.2% | -1183.1% | -1549.64% | -637.08% | -249.25% | -254.01% |
| Net Income | -3.2M | -5.45M | -1.88M | -7.68M | -17.59M | -19.08M |
| Depreciation & Amortization | 146.29K | 157.8K | 433.6K | 466.69K | 543.17K | 577.97K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 859.95K | 1.12M |
| Other Non-Cash Items | -34.85K | -22.82K | -2.06M | 1.07M | 6.06M | 6.33M |
| Working Capital Changes | 1.53M | 355.34K | 676.12K | 109.03K | -1.14M | -1.07M |
| Cash from Investing | -2.65M | 1.08M | 506.1K | -1.55M | -1.74M | -2.05M |
| Acquisitions (Net) | 0 | -25K | 681.34K | -975.32K | -1.02M | -1.37M |
| Purchase of Investments | -115K | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 2.45M | 1.56M | 0 | -50K | -676.14K | -601.31K |
| Cash from Financing | 5.53M | 3.04M | 7.52M | 4.26M | 17.65M | 17.62M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Dividends | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | -824.71K | 0 | 1000K | -1000K | -2.27M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.07M | -416.31K | 7.52M | -727.5K | -2.45M | -2.45M |
| Net Change in Cash | 1.33M▲ 0% | -838.53K▼ 163.1% | 5.2M▲ 720.1% | 0▼ 100.0% | 4.66M▲ 0% | 3.46M▲ 0% |
| Exchange Rate Effect | 0 | -100 | 0 | 0 | 13.51K | 13.09K |
| Cash at Beginning | 333.22K | 2.1M | 1.26M | 6.46M | 3.12M | 7.78M |
| Cash at End | 1.66M | 1.26M | 6.46M | 3.12M | 7.78M | 4.67M |
| Free Cash Flow | -6.54M▲ 0% | -5.41M▲ 17.2% | -3M▲ 44.5% | -6.05M▼ 101.6% | -11.31M▼ 86.7% | -12.27M▲ 0% |
| FCF Growth % | - | 17.24% | 44.52% | -101.57% | -86.72% | -67.71% |
| FCF / Revenue % | -2142.4% | -1290.98% | -1645.64% | -638.41% | -250.2% | -276.76% |
AIRE Key Ratios
reAlpha Tech Corp. Common Stock (AIRE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| FFO per Share | -3.11 | -0.03 | -0.57 | -5.59 | -3.49 |
| FFO Payout Ratio | 0% | 0% | 0% | 0% | 0% |
| NOI Margin | 30.09% | -799.39% | -261.21% | 54.25% | 56.05% |
| Net Debt / EBITDA | - | - | - | - | 0.25x |
| Debt / Assets | 34.7% | 1.57% | 49.83% | 1.77% | 1.87% |
| Interest Coverage | -31.03x | -89.69x | -20.07x | -20.59x | - |
| Book Value / Share | 7.74 | 0.58 | 0.04 | 4.1 | 1.76 |
| Revenue Growth | 37.34% | -56.48% | 419.58% | 376.42% | 139.2% |
AIRE SEC Filings & Documents
reAlpha Tech Corp. Common Stock (AIRE) SEC filings — annual & quarterly reports (10-K, 10-Q)
AIRE Frequently Asked Questions
reAlpha Tech Corp. Common Stock (AIRE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
reAlpha Tech Corp. Common Stock (AIRE) reported $4.4M in revenue for fiscal year 2025. This represents a 1352% increase from $0.3M in 2021.
reAlpha Tech Corp. Common Stock (AIRE) grew revenue by 376.4% over the past year. This is strong growth.
reAlpha Tech Corp. Common Stock (AIRE) reported a net loss of $19.1M for fiscal year 2025.
Dividend & Returns
reAlpha Tech Corp. Common Stock (AIRE) has a return on equity (ROE) of -249.8%. Negative ROE indicates the company is unprofitable.
Industry Metrics
reAlpha Tech Corp. Common Stock (AIRE) generated Funds From Operations (FFO) of $-18.5M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Explore More AIRE
reAlpha Tech Corp. Common Stock (AIRE) financial analysis — history, returns, DCA and operating performance tools
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Dividend History
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Earnings History
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Price History
Long-term charts & historical price data
Revenue History
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Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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