REAX
Income statement / Annual
Last year (2023), The Real Brokerage Inc.'s total revenue was $689.16 M,
an increase of 80.52% from the previous year.
In 2023, The Real Brokerage Inc.'s net income was -$27.50 M.
See The Real Brokerage Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$689.16 M
|
$381.76 M
|
$121.68 M
|
$16.56 M
|
$15.75 M
|
$8.44 M
|
| Cost of Revenue |
$626.29 M |
$349.81 M |
$110.59 M |
$14.41 M |
$13.79 M |
$7.13 M |
| Gross Profit |
$62.87 M |
$31.95 M |
$11.09 M |
$2.15 M |
$1.97 M |
$1.31 M |
| Gross Profit Ratio |
0.09 |
0.08 |
0.09 |
0.13 |
0.12 |
0.16 |
| Research and Development
Expenses |
$7.36 M
|
$4.87 M
|
$3.98 M
|
$223,000.00
|
$234,000.00
|
$607,000.00
|
| General & Administrative
Expenses |
$42.91 M
|
$24.16 M
|
$10.57 M
|
$4.03 M
|
$2.85 M
|
$2.33 M
|
| Selling & Marketing
Expenses |
$38.61 M
|
$22.67 M
|
$7.81 M
|
$717,000.00
|
$555,000.00
|
$744,000.00
|
| Selling, General &
Administrative Expenses |
$81.52 M
|
$46.83 M
|
$18.38 M
|
$4.75 M
|
$3.40 M
|
$113,689.00
|
| Other Expenses |
$0.00 |
-$578,000.00 |
-$249,000.00 |
-$168,000.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$88.88 M |
$51.12 M |
$22.11 M |
$4.80 M |
$3.63 M |
$113,689.00 |
| Cost And Expenses |
$715.17 M |
$400.92 M |
$132.70 M |
$19.21 M |
$17.42 M |
$113,689.00 |
| Interest Income |
$0.00 |
$540,000.00 |
$13,000.00 |
$142,000.00 |
$583,000.00 |
$151,000.00 |
| Interest Expense |
$68,000.00 |
$1.17 M |
$662,000.00 |
$140,000.00 |
$583,000.00 |
$0.00 |
| Depreciation &
Amortization |
$1.13 M
|
$333,000.00
|
$213,000.00
|
$91,000.00
|
$137,000.00
|
$37,000.00
|
| EBITDA |
-$25.49 M
|
-$19.55 M
|
-$11.05 M
|
-$3.39 M
|
-$1.53 M
|
-$113,689.00
|
| EBITDA Ratio |
-0.04 |
-0.05 |
-0.09 |
-0.15 |
-0.1 |
-0.01 |
| Operating Income Ratio
|
-0.04
|
-0.05
|
-0.09
|
-0.16
|
-0.11
|
-0.01
|
| Total Other
Income/Expenses Net |
-$1.21 M
|
-$589,000.00
|
-$413,000.00
|
-$975,000.00
|
-$583,000.00
|
-$83.00
|
| Income Before Tax |
-$27.22 M |
-$20.34 M |
-$11.68 M |
-$3.62 M |
-$2.25 M |
-$113,772.00 |
| Income Before Tax Ratio
|
-0.04
|
-0.05
|
-0.1
|
-0.22
|
-0.14
|
-0.01
|
| Income Tax Expense |
$1,000.00 |
$242,000.00 |
$662,000.00 |
$835,000.00 |
$583,000.00 |
-$37,000.50 |
| Net Income |
-$27.50 M |
-$20.58 M |
-$12.34 M |
-$4.46 M |
-$2.83 M |
-$113,772.00 |
| Net Income Ratio |
-0.04 |
-0.05 |
-0.1 |
-0.27 |
-0.18 |
-0.01 |
| EPS |
-0.15 |
-0.12 |
-0.29 |
-0.0438 |
-0.0678 |
-0.0143 |
| EPS Diluted |
-0.15 |
-0.12 |
-0.29 |
-0.0438 |
-0.0678 |
-0.0143 |
| Weighted Average Shares
Out |
$178.13 M
|
$178.20 M
|
$42.62 M
|
$101.85 M
|
$41.80 M
|
$7.93 M
|
| Weighted Average Shares
Out Diluted |
$178.13 M
|
$178.20 M
|
$42.62 M
|
$101.85 M
|
$41.80 M
|
$7.93 M
|
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