Company research
REAL BROKERAGE INC
CIK 1862461Updated Nov 2, 2026
Filing activity
50 filings on record · SCHEDULE 13G/A, 15-12G, EFFECT, S-8 POS, POS AM, 6-K.
About the company
Real REMAX Group Inc. (NASDAQ: REAX) is a leading technology-enabled global real estate platform spanning brokerage, franchising and ancillary services. The fast-growing company combines these essential real estate services with powerful technology to deliver a seamless end-to-end consumer experience, guided by trusted real estate professionals.. With 180,000+ agents, more than 100,000 of whom are based in the U.S. and Canada, and a presence in over 120 countries and territories, Real REMAX Group supports agents and broker/owners to power their own forward-thinking businesses. Additional information can be found on its website at www.realremaxgroup.com.
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q3 2023 | Q2 2025 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| AssetsUSD | 145,215,000Source | 102,473,000Source | — | 149,433,000Source | 100,454,000Source | — | 126,861,000Source | 86,595,000Source | 64,548,000Source | 43,762,000Source |
| Property, Plant and Equipment, NetUSD | 2,514,000Source | 2,209,000Source | — | 2,324,000Source | 2,245,000Source | — | 2,455,000Source | 2,116,000Source | — | — |
| GoodwillUSD | 8,993,000Source | 8,993,000Source | — | 8,993,000Source | 8,993,000Source | — | 8,993,000Source | 8,993,000Source | 8,993,000Source | 10,262,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 4,518,000Source | 2,788,000Source | — | 2,130,000Source | 2,352,000Source | — | 4,157,000Source | 2,575,000Source | — | — |
| Current assets: | ||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 36,427,000Source | 22,612,000Source | 19,006,000Source | 49,614,000Source | 24,706,000Source | 20,072,000Source | 33,213,000Source | 23,376,000Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 27,861,000Source | 17,305,000Source | — | 26,821,000Source | 16,789,000Source | — | 20,170,000Source | 14,235,000Source | — | — |
| Assets, CurrentUSD | 124,710,000Source | 88,483,000Source | — | 129,590,000Source | 83,895,000Source | — | 105,764,000Source | 72,911,000Source | — | — |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | 0Source | — | — | — |
| LIABILITIES AND EQUITY | ||||||||||
| LiabilitiesUSD | 91,622,000Source | 72,483,000Source | — | 100,464,000Source | 67,935,000Source | — | 75,276,000Source | 54,452,000Source | 27,464,000Source | 21,347,000Source |
| Stockholders’ equity: | ||||||||||
| Additional Paid in CapitalUSD | 161,896,000Source | 128,938,000Source | — | 158,827,000Source | 142,457,000Source | — | 164,208,000Source | 138,639,000Source | — | — |
| Retained Earnings (Accumulated Deficit)USD | -108,648,000Source | -98,103,000Source | — | -108,201,000Source | -109,713,000Source | — | -112,851,000Source | -104,746,000Source | — | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 392,000Source | 195,000Source | — | 582,000Source | 599,000Source | — | 318,000Source | 708,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 53,640,000Source | 29,802,000Source | — | 49,187,000Source | 32,752,000Source | — | 51,675,000Source | 32,146,000Source | — | — |
| Liabilities and EquityUSD | 145,215,000Source | 102,473,000Source | — | 149,433,000Source | 100,454,000Source | — | 126,861,000Source | 86,595,000Source | — | — |
| Current liabilities: | ||||||||||
| Liabilities, CurrentUSD | 91,622,000Source | 72,483,000Source | — | 100,464,000Source | 67,935,000Source | — | 75,266,000Source | 54,452,000Source | — | — |
| Accounts Payable, CurrentUSD | 1,078,000Source | 1,133,000Source | — | 1,251,000Source | 927,000Source | — | 1,161,000Source | 1,374,000Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | — | — | — | 10,000Source | — | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -47,000Source | 188,000Source | — | -218,000Source | -233,000Source | — | -90,000Source | -3,000Source | — | — |
| Additional Financial Items | ||||||||||
| Accrued Liabilities, CurrentUSD | 47,655,000Source | 30,991,000Source | — | 48,068,000Source | 33,572,000Source | — | 38,205,000Source | 25,939,000Source | — | — |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | 921,000Source | — | — | — |
| IntangibleAssetsOtherThanGoodwillUSD | — | 2,788,000Source | — | — | — | — | — | — | 3,442,000Source | 3,708,000Source |
| NoncontrollingInterestsUSD | — | 188,000Source | — | — | — | — | — | — | 209,000Source | 263,000Source |
| Short-term InvestmentsUSD | 2,224,000Source | — | — | 72,000Source | — | — | 16,731,000Source | — | — | — |
| TradeAndOtherCurrentPayablesUSD | — | 1,133,000Source | — | — | — | — | — | — | 571,000Source | 474,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2025 | Q2 2024 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -280,000Source | -2,541,000Source | 1,550,000Source | -1,110,000Source | -5,121,000Source | -16,097,000Source | -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 | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | 19,912,000Source | 15,417,000Source | 17,795,000Source | 13,536,000Source | 12,707,000Source | 8,844,000Source | 68,146,000Source | 52,916,000Source | — | — |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | 1,040,000Source | -1,326,000Source | 10,031,000Source | 9,096,000Source | 2,555,000Source | 3,094,000Source | 5,935,000Source | 7,794,000Source | — | — |
| Increase (Decrease) in Accounts PayableUSD | — | — | -173,000Source | -63,000Source | 324,000Source | 103,000Source | -447,000Source | 522,000Source | -213,000Source | 803,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -921,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | 8,809,000Source | 7,196,000Source | 41,018,000Source | 15,970,000Source | 15,950,000Source | 21,480,000Source | 65,926,000Source | 48,731,000Source | — | — |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | -17,470,000Source | 545,000Source | 2,882,000Source | 3,687,000Source | -1,378,000Source | -245,000Source | -13,594,000Source | 3,809,000Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 395,000Source | 367,000Source | 255,000Source | 501,000Source | 285,000Source | 96,000Source | 1,100,000Source | 1,045,000Source | — | — |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | 15,469,000Source | 15,110,000Source | — | — | — | — | 39,363,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | -14,818,000Source | -13,971,000Source | -2,878,000Source | -8,027,000Source | -7,101,000Source | -4,369,000Source | -40,248,000Source | -33,140,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 72,372,000Source | 50,128,000Source | 95,916,000Source | — | 54,965,000Source | 44,512,000Source | 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 | — | — | -65,000Source | -82,000Source | -71,000Source | 298,000Source | 29,000Source | -9,000Source | 2,000Source | 410,000Source | — | — |
| Additional Financial Items | ||||||||||||
| AdjustmentsForDecreaseIncreaseInTradeAccountReceivableUSD | — | — | — | 1,326,000Source | — | — | — | — | — | — | -4,894,000Source | -1,293,000Source |
| AdjustmentsForFinanceCostsUSD | — | — | — | -33,000Source | — | — | — | — | — | — | 91,000Source | 167,000Source |
| AdjustmentsForIncreaseDecreaseInTradeAccountPayableUSD | — | — | — | -63,000Source | — | — | — | — | — | — | 97,000Source | 420,000Source |
| AdjustmentsForSharebasedPaymentsUSD | — | — | — | 15,417,000Source | — | — | — | — | — | — | 38,403,000Source | 16,201,000Source |
| Amortization of Intangible AssetsUSD | — | — | 362,000Source | 223,000Source | 222,000Source | 223,000Source | 223,000Source | — | 1,168,000Source | 892,000Source | — | — |
| DepreciationUSD | — | — | 205,000Source | 135,000Source | 176,000Source | 117,000Source | 156,000Source | 103,000Source | 761,000Source | 504,000Source | — | — |
| DividendsPaidClassifiedAsFinancingActivitiesUSD | — | — | — | — | — | — | — | — | — | — | 339,000Source | 19,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | — | — | — | — | -9,250,000Source | -750,000Source | -9,250,000Source | — | — |
| General and Administrative ExpenseUSD | — | — | 19,584,000Source | 16,301,000Source | 18,900,000Source | 14,015,000Source | 17,516,000Source | 12,136,000Source | 74,359,000Source | 61,084,000Source | 42,913,000Source | 24,155,000Source |
| GoodwillUSD | — | — | 8,993,000Source | 8,993,000Source | 8,993,000Source | — | 8,993,000Source | — | 8,993,000Source | 8,993,000Source | 8,993,000Source | 10,262,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | 89,000Source | — | — | — | — | — | -740,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -447,000Source | -2,586,000Source | 1,512,000Source | -1,215,000Source | -4,967,000Source | -16,097,000Source | -8,105,000Source | -26,541,000Source | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 167,000Source | 45,000Source | 38,000Source | 105,000Source | -154,000Source | — | 39,000Source | 88,000Source | — | — |
| Operating ExpensesUSD | — | — | 45,330,000Source | 34,607,000Source | 46,177,000Source | 32,512,000Source | 39,145,000Source | 36,477,000Source | 174,935,000Source | 139,967,000Source | — | — |
| Other Nonoperating Income (Expense)USD | — | — | 365,000Source | 151,000Source | 166,000Source | 57,000Source | 122,000Source | 173,000Source | 995,000Source | 496,000Source | — | — |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD | — | — | — | — | — | — | — | — | — | — | 96,000Source | 35,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 910,000Source | 1,994,000Source | 351,000Source | 3,010,000Source | 310,000Source | 613,000Source | 2,169,000Source | 6,275,000Source | — | — |
| Stock or Unit Option Plan ExpenseUSD | — | — | 233,000Source | 479,000Source | 267,000Source | 538,000Source | 323,000Source | 754,000Source | 1,019,000Source | 2,171,000Source | — | — |
| Equity Method Investment, Other than Temporary Impairment | — | — | —Source | —Source | — | — | — | — | — | — | — | — |
| Investment Income, Interest | — | — | — | — | — | — | —Source | — | — | — | — | — |
| Realized Investment Gains (Losses) | — | — | — | —Source | — | — | —Source | —Source | — | — | — | — |
| Unrealized Gain (Loss) on Investments | — | — | — | —Source | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2025 | Q2 2024 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 568,549,000Source | 372,488,000Source | 540,747,000Source | 340,778,000Source | 353,981,000Source | 200,743,000Source | 1,968,416,000Source | 1,264,639,000Source | 689,158,000Source | 381,756,000Source |
| Cost of RevenueUSD | — | — | 523,692,000Source | 340,359,000Source | 492,886,000Source | 308,910,000Source | 320,045,000Source | 179,984,000Source | 1,802,728,000Source | 1,149,898,000Source | 626,285,000Source | 349,806,000Source |
| Operating Income (Loss)USD | — | — | -473,000Source | -2,478,000Source | 1,684,000Source | -644,000Source | -5,209,000Source | -15,718,000Source | -9,247,000Source | -25,226,000Source | — | — |
| Other Nonoperating Income (Expense)USD | — | — | 365,000Source | 151,000Source | 166,000Source | 57,000Source | 122,000Source | 173,000Source | 995,000Source | 496,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -191,000Source | -2,541,000Source | — | — | — | — | -8,806,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | 89,000Source | — | — | — | — | — | -740,000Source | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 167,000Source | 45,000Source | 38,000Source | 105,000Source | -154,000Source | — | 39,000Source | 88,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | -447,000Source | -2,586,000Source | 1,512,000Source | -1,215,000Source | -4,967,000Source | -16,097,000Source | -8,105,000Source | -26,541,000Source | — | — |
| Earnings Per Share, BasicUSD per share | — | — | 0Source | -0.01Source | 0.01Source | -0.01Source | -0.02Source | -0.09Source | -0.04Source | -0.14Source | — | — |
| Earnings Per Share, DilutedUSD per share | — | — | 0Source | -0.01Source | 0.01Source | -0.01Source | -0.02Source | -0.09Source | -0.04Source | -0.14Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 218,996,000Source | 196,668,000Source | 214,787,000Source | 189,046,000Source | — | 184,692,000Source | 219,873,000Source | 191,172,000Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 218,996,000Source | 196,668,000Source | 233,366,000Source | 189,046,000Source | 204,382,000Source | 184,692,000Source | 219,873,000Source | 191,172,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 362,000Source | 223,000Source | 222,000Source | 223,000Source | 223,000Source | — | 1,168,000Source | 892,000Source | — | — |
| BasicEarningsLossPerShareUSD per share | — | — | — | -0.01Source | — | — | — | — | — | — | -0.15Source | -0.12Source |
| Costs and ExpensesUSD | — | — | 569,022,000Source | 374,966,000Source | 539,063,000Source | 341,422,000Source | 359,190,000Source | 216,461,000Source | 1,977,663,000Source | 1,289,865,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 181,000Source | -26,453,000Source | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 567,000Source | 358,000Source | 398,000Source | 340,000Source | 379,000Source | 326,000Source | 1,929,000Source | 1,396,000Source | — | — |
| DilutedEarningsLossPerShareUSD per share | — | — | — | -0.01Source | — | — | — | — | — | — | -0.15Source | — |
| EmployeeBenefitsExpenseUSD | — | — | — | — | — | — | — | — | — | — | 10,934,000Source | 4,599,000Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | — | — | — | — | — | — | — | — | — | — | 7,470,000Source | 2,164,000Source |
| FinanceCostsUSD | — | — | — | 214,000Source | — | — | — | — | — | — | 619,000Source | 1,167,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | — | — | — | — | -9,250,000Source | -750,000Source | -9,250,000Source | — | — |
| General and Administrative ExpenseUSD | — | — | 19,584,000Source | 16,301,000Source | 18,900,000Source | 14,015,000Source | 17,516,000Source | 12,136,000Source | 74,359,000Source | 61,084,000Source | 42,913,000Source | 24,155,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| Gross ProfitUSD | — | — | 44,857,000Source | 32,129,000Source | 47,861,000Source | 31,868,000Source | 33,936,000Source | 20,759,000Source | 165,688,000Source | 114,741,000Source | 62,873,000Source | 31,950,000Source |
| Operating ExpensesUSD | — | — | 45,330,000Source | 34,607,000Source | 46,177,000Source | 32,512,000Source | 39,145,000Source | 36,477,000Source | 174,935,000Source | 139,967,000Source | — | — |
| Other Cost and Expense, OperatingUSD | — | — | 15,738,000Source | 11,651,000Source | 17,644,000Source | 12,475,000Source | 12,504,000Source | 9,064,000Source | 60,520,000Source | 42,727,000Source | — | — |
| OtherIncomeUSD | — | — | — | 151,000Source | — | — | — | — | — | — | -587,000Source | 729,000Source |
| ProfitLossAttributableToNoncontrollingInterestsUSD | — | — | — | -45,000Source | — | — | — | — | — | — | -285,000Source | -242,000Source |
| ProfitLossAttributableToOwnersOfParentUSD | — | — | — | -2,586,000Source | — | — | — | — | — | — | -27,501,000Source | -20,577,000Source |
| ProfitLossFromOperatingActivitiesUSD | — | — | — | -2,478,000Source | — | — | — | — | — | — | -26,010,000Source | -19,746,000Source |
| Research and Development ExpenseUSD | — | — | 4,712,000Source | 3,045,000Source | 3,993,000Source | 2,608,000Source | 3,932,000Source | 2,462,000Source | 17,443,000Source | 12,156,000Source | 7,359,000Source | 4,867,000Source |
| RevenueUSD | — | — | — | 372,488,000Source | — | — | — | — | — | — | 689,158,000Source | 381,756,000Source |
| Selling and Marketing ExpenseUSD | — | — | 21,034,000Source | 15,261,000Source | 23,284,000Source | 15,889,000Source | 17,697,000Source | 12,629,000Source | 82,383,000Source | 57,477,000Source | — | — |
| CostOfSales | — | — | — | —Source | — | — | — | — | — | — | — | — |
| Investment Income, Interest | — | — | — | — | — | — | —Source | — | — | — | — | — |
| Realized Investment Gains (Losses) | — | — | — | —Source | — | — | —Source | —Source | — | — | — | — |
Offerings
Registration 333-282687
Filing attachments
tm2623609d5_ex99-1.htm · 6-K · 2026-08-24
Exhibit 99.1 Real and RE/MAX Holdings Announce Completion of Business Combination Miami, August 24, 2026 - Real REMAX Group Inc. (NASDAQ: REAX) (“Real REMAX Group”) announced the successful completion of the previously announced business combination between The Real Brokerage Inc. (“Real”) and RE/MAX Holdings, Inc. (“ RE/MAX Holdings ”). The combined company is operating under the name Real REMAX Group Inc. Real’s common shares and RE/MAX Holdings’ class A Common Stock ceased trading on the N…
Read attachment ↗tm2623609d2_ex99-1.htm · 6-K · 2026-08-21
Exhibit 99.1 Joint Press Release Real and RE/MAX Holdings Announce Real’s Receipt of Court Approval of Proposed Arrangement in Connection with Proposed Combination Miami and Denver, August 21, 2026 - The Real Brokerage Inc. (NASDAQ: REAX) (“Real”) and RE/MAX Holdings, Inc. (NYSE: RMAX) (“ RE/MAX Holdings ”) announced that the Supreme Court of British Columbia has granted the final order in connection with the previously announced arrangement of Real pursuant to the terms of the Arrangement A…
Read attachment ↗tm2623609d1_ex99-1.htm · 6-K · 2026-08-20
Exhibit 99.1 Real and RE/MAX Holdings Announce Preliminary Results for Election of Form of Merger Consideration by REMAX Stockholders and Expected Timing of Real Share Consolidation Miami and Denver, August 20, 2026 - The Real Brokerage Inc. (“Real”) (NASDAQ: REAX) and RE/MAX Holdings, Inc. (“RE/MAX Holdings”) (NYSE: RMAX) today announced the preliminary results of elections made by RE/MAX Holdings stockholders regarding the form of merger consideration (the “Merger Consideration”) to be recei…
Read attachment ↗tm2623229d1_ex99-1.htm · 6-K · 2026-08-14
Exhibit 99.1 THE REAL BROKERAGE INC. Report of Voting Results Special Meeting of Securityholders held on August 14, 2026 In accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, this report briefly describes the matter voted upon and the outcome of the votes at the special meeting of securityholders (the “Meeting”) of The Real Brokerage Inc. (the “Company”) held on August 14, 2026. Shareholders of the Company (“Shareholders”) holding an aggregate o…
Read attachment ↗tm2623229d1_ex99-2.htm · 6-K · 2026-08-14
Exhibit 99.2 Real and RE/MAX Holdings Securityholders Approve Proposed Combination Securityholder approval moves Real and RE/MAX Holdings closer to creating Real REMAX Group, a leading technology-enabled global real estate platform built on decades of trust and innovation MIAMI and DENVER - (Aug. 14, 2026) - The Real Brokerage Inc. (NASDAQ: REAX) (“Real”), a leading technology-powered real estate brokerage, and RE/MAX Holdings, Inc. (NYSE: RMAX) (“RE/MAX Holdings”), the parent company of RE/M…
Read attachment ↗ex99-1.htm · 6-K · 2026-08-06
Exhibit 99.1 TABLE OF CONTENTS Introduction 1 Caution 2-3 Regarding Forward-Looking Information Risks 4 and Uncertainties Significant 4 Accounting Policies and Other Explanatory Information Busines…
Read attachment ↗