Company research
Real Brokerage Inc
CIK 1862461Updated Sep 26, 2026
Securities
Historical securities (2)
REAX · NASDAQ · equity · closed Aug 21, 2026REAXF · OTC · equity · closed May 28, 2021REAX price & chart
Historical security
This listing closed Aug 21, 2026. Live provider charts are shown only for current listings.
About the company
Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simpler. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 U.S. states and across Canada, Real supports over 36,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.
In the news
REMAX MOURNS LOSS OF CO-FOUNDER GAIL LINIGER ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 126,861,000Source | 86,595,000Source | 64,548,000Source | 43,762,000Source |
| Property, Plant and Equipment, NetUSD | 2,455,000Source | 2,116,000Source | 1,600,000Source | — |
| GoodwillUSD | 8,993,000Source | 8,993,000Source | 8,993,000Source | 10,262,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 4,157,000Source | 2,575,000Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 33,213,000Source | 23,376,000Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 20,170,000Source | 14,235,000Source | — | — |
| Assets, CurrentUSD | 105,764,000Source | 72,911,000Source | — | — |
| Operating Lease, Right-of-Use AssetUSD | 0Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 75,276,000Source | 54,452,000Source | 27,464,000Source | 21,347,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 164,208,000Source | 138,639,000Source | — | — |
| Retained Earnings (Accumulated Deficit)USD | -112,851,000Source | -104,746,000Source | — | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 318,000Source | 708,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 51,675,000Source | 32,146,000Source | — | — |
| Liabilities and EquityUSD | 126,861,000Source | 86,595,000Source | — | — |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 75,266,000Source | 54,452,000Source | — | — |
| Accounts Payable, CurrentUSD | 1,161,000Source | 1,374,000Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 10,000Source | — | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -90,000Source | -3,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 38,205,000Source | 25,939,000Source | — | — |
| Deferred Tax Liabilities, NetUSD | 921,000Source | — | — | — |
| IntangibleAssetsOtherThanGoodwillUSD | — | — | 3,442,000Source | 3,708,000Source |
| NoncontrollingInterestsUSD | — | — | 209,000Source | 263,000Source |
| Short-term InvestmentsUSD | 16,731,000Source | — | — | — |
| TradeAndOtherCurrentPayablesUSD | — | — | 571,000Source | 474,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -8,066,000Source | -26,453,000Source | -27,216,000Source | -20,335,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 68,146,000Source | 52,916,000Source | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 5,935,000Source | 7,794,000Source | — | — |
| Increase (Decrease) in Accounts PayableUSD | -213,000Source | 803,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | -921,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 65,926,000Source | 48,731,000Source | — | — |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -13,594,000Source | 3,809,000Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,100,000Source | 1,045,000Source | — | — |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 39,363,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -40,248,000Source | -33,140,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 59,551,000Source | 47,465,000Source | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 45,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,000Source | 410,000Source | — | — |
| Additional Financial Items | ||||
| AdjustmentsForDecreaseIncreaseInTradeAccountReceivableUSD | — | — | -4,894,000Source | -1,293,000Source |
| AdjustmentsForFinanceCostsUSD | — | — | 91,000Source | 167,000Source |
| AdjustmentsForIncreaseDecreaseInTradeAccountPayableUSD | — | — | 97,000Source | 420,000Source |
| AdjustmentsForSharebasedPaymentsUSD | — | — | 38,403,000Source | 16,201,000Source |
| Amortization of Intangible AssetsUSD | 1,168,000Source | 892,000Source | — | — |
| DepreciationUSD | 761,000Source | 504,000Source | — | — |
| DividendsPaidClassifiedAsFinancingActivitiesUSD | — | — | 339,000Source | 19,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | -750,000Source | -9,250,000Source | — | — |
| General and Administrative ExpenseUSD | 74,359,000Source | 61,084,000Source | 42,913,000Source | 24,155,000Source |
| GoodwillUSD | 8,993,000Source | 8,993,000Source | 8,993,000Source | 10,262,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Income Tax Expense (Benefit)USD | -740,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -8,105,000Source | -26,541,000Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 39,000Source | 88,000Source | — | — |
| Operating ExpensesUSD | 174,935,000Source | 139,967,000Source | — | — |
| Other Nonoperating Income (Expense)USD | 995,000Source | 496,000Source | — | — |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD | — | — | 96,000Source | 35,000Source |
| Proceeds from Stock Options ExercisedUSD | 2,169,000Source | 6,275,000Source | — | — |
| Stock or Unit Option Plan ExpenseUSD | 1,019,000Source | 2,171,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,968,416,000Source | 1,264,639,000Source | 689,158,000Source | — |
| Cost of RevenueUSD | 1,802,728,000Source | 1,149,898,000Source | 626,285,000Source | — |
| Operating Income (Loss)USD | -9,247,000Source | -25,226,000Source | — | — |
| Other Nonoperating Income (Expense)USD | 995,000Source | 496,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -8,806,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | -740,000Source | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 39,000Source | 88,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -8,105,000Source | -26,541,000Source | — | — |
| Earnings Per Share, BasicUSD per share | -0.04Source | -0.14Source | — | — |
| Earnings Per Share, DilutedUSD per share | -0.04Source | -0.14Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 219,873,000Source | 191,172,000Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 219,873,000Source | 191,172,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,168,000Source | 892,000Source | — | — |
| BasicEarningsLossPerShareUSD per share | — | — | -0.15Source | -0.12Source |
| Costs and ExpensesUSD | 1,977,663,000Source | 1,289,865,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 181,000Source | -26,453,000Source | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,929,000Source | 1,396,000Source | — | — |
| DilutedEarningsLossPerShareUSD per share | — | — | -0.15Source | — |
| EmployeeBenefitsExpenseUSD | — | — | 10,934,000Source | 4,599,000Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | — | — | 7,470,000Source | 2,164,000Source |
| FinanceCostsUSD | — | — | 619,000Source | 1,167,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | -750,000Source | -9,250,000Source | — | — |
| General and Administrative ExpenseUSD | 74,359,000Source | 61,084,000Source | 42,913,000Source | 24,155,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Gross ProfitUSD | 165,688,000Source | 114,741,000Source | 62,873,000Source | 31,950,000Source |
| Operating ExpensesUSD | 174,935,000Source | 139,967,000Source | — | — |
| Other Cost and Expense, OperatingUSD | 60,520,000Source | 42,727,000Source | — | — |
| OtherIncomeUSD | — | — | -587,000Source | 729,000Source |
| ProfitLossAttributableToNoncontrollingInterestsUSD | — | — | -285,000Source | -242,000Source |
| ProfitLossAttributableToOwnersOfParentUSD | — | — | -27,501,000Source | -20,577,000Source |
| ProfitLossFromOperatingActivitiesUSD | — | — | -26,010,000Source | -19,746,000Source |
| Research and Development ExpenseUSD | 17,443,000Source | 12,156,000Source | 7,359,000Source | 4,867,000Source |
| RevenueUSD | — | — | 689,158,000Source | 381,756,000Source |
| Selling and Marketing ExpenseUSD | 82,383,000Source | 57,477,000Source | — | — |