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reAlpha Tech Corp.
(NASDAQ:AIRE)
reAlpha Tech Corp. (AIRE) vs. SPDR S&P 500 ETF (SPY)
reAlpha Tech Corp. Business Overview & Revenue Model
reAlpha Tech Corp. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.15M | 948.42K | 182.53K | 419.41K | 229.67K |
| Gross Profit | 2.25M | 646.34K | -1.46M | 126.21K | -61.68K |
| EBITDA | -13.35M | -6.94M | -1.03M | -5.12M | -5.06M |
| Net Income | -33.77M | -26.02M | -1.88M | -5.45M | -3.19M |
Balance Sheet | |||||
| Total Assets | 19.73M | 11.99M | 27.88M | 21.09M | 5.67M |
| Cash, Cash Equivalents and Short-Term Investments | 9.28M | 3.12M | 6.46M | 1.26M | 1.64M |
| Total Debt | 598.71K | 5.98M | 437.10K | 7.32M | 2.23M |
| Total Liabilities | 8.83M | 10.43M | 3.17M | 7.93M | 8.30M |
| Stockholders Equity | 10.89M | 1.56M | 24.71M | 13.16M | -2.64M |
Cash Flow | |||||
| Free Cash Flow | -11.35M | -6.05M | -3.00M | -5.41M | -6.54M |
| Operating Cash Flow | -11.08M | -6.04M | -2.83M | -4.96M | -1.56M |
| Investing Cash Flow | -1.23M | -1.55M | 506.10K | 1.08M | -2.65M |
| Financing Cash Flow | 14.52M | 4.26M | 7.52M | 3.04M | 5.53M |
reAlpha Tech Corp. Technical Analysis
reAlpha Tech Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $259.30M | 12.84 | 2.87% | ― | -6.06% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
58 Neutral | $223.82M | -3.68 | -41.11% | ― | 6.62% | 30.94% | |
51 Neutral | $42.76M | -1.71 | -43.75% | ― | 32.78% | 36.50% | |
51 Neutral | $23.33M | ― | ― | ― | ― | ― | |
50 Neutral | $80.72M | ― | -104.99% | ― | -36.25% | 11.92% | |
42 Neutral | $69.29M | -0.71 | -92.30% | ― | ― | ― |
reAlpha Tech Corp. Corporate Events
On December 23, 2025, reAlpha Tech Corp. filed a prospectus supplement to restart its previously established at-the-market equity offering and significantly increase the size of the program to allow issuance of up to $20 million of common stock through its existing agreement with H.C. Wainwright & Co. The move, made under an already effective shelf registration, provides the company with enhanced flexibility to raise capital incrementally in the public markets, which may support its ongoing operational needs and strategic objectives while potentially diluting existing shareholders depending on the scale and timing of future issuances.
The most recent analyst rating on (AIRE) stock is a Hold with a $0.43 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.
On December 19, 2025, reAlpha Tech Corp. signed a definitive Agreement and Plan of Merger to acquire InstaMortgage Inc., an independent, technology-enabled mortgage lender founded in 2008 and licensed across 32 U.S. states, including key markets such as New York, New Jersey, Illinois and Ohio where reAlpha does not yet operate. Under the all-equity and cash deal, reAlpha will acquire 100% of InstaMortgage’s outstanding equity for approximately $8.5 million, consisting of an upfront cash payment, reAlpha common stock issued at closing, and additional bi-annual payments over three years in cash or stock, with share issuance capped under Nasdaq rules and any excess settled in cash; InstaMortgage will become a wholly owned subsidiary once customary closing conditions and regulatory approvals are satisfied, with completion targeted for the first half of 2026. The acquisition is designed to move reAlpha beyond its current mortgage brokerage model into direct mortgage lending, adding multi-state licensing and origination infrastructure that management says will materially expand its mortgage capabilities, deepen integration of brokerage and lending workflows, and enhance its positioning as an integrated, AI-powered homebuying platform, though closing remains subject to regulatory and transaction risks outlined by the company.
The most recent analyst rating on (AIRE) stock is a Hold with a $0.43 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.
On November 21, 2025, reAlpha Tech Corp. completed the acquisition of Prevu Inc., a digital homebuying platform, expanding its real estate brokerage operations into 11 new markets. This acquisition enhances reAlpha’s technology-driven real estate platform and aligns with its strategic focus on unifying realty and mortgage services. The merger is expected to accelerate reAlpha’s long-term platform strategy, providing greater consistency and transparency in the homebuying journey and creating opportunities to strengthen its unified homebuying platform. The integration process is underway to combine Prevu’s operations, technology, and team into reAlpha’s platform, marking a significant step in reAlpha’s multi-service expansion.
The most recent analyst rating on (AIRE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.
On November 18, 2025, reAlpha Tech Corp. announced it received a 180-day extension from Nasdaq to meet the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The extension allows reAlpha until May 18, 2026, to ensure its stock price exceeds $1 per share for ten consecutive business days, failing which it risks delisting. The company plans to address this issue potentially through a reverse stock split and continues to focus on strengthening its financial and operational foundation.
The most recent analyst rating on (AIRE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.
In the third quarter of 2025, reAlpha Tech Corp. reported a significant increase in revenue by 326% year-over-year, reaching $1.5 million, driven by mortgage brokerage transactions and AI subscription fees. Despite a net loss of $5.8 million, the company strengthened its balance sheet by raising capital and eliminating parent-level debt, positioning itself for future growth. reAlpha expanded its real estate and mortgage operations into new states, enhanced its AI capabilities, and integrated Naamche into its product development, aligning its organizational structure under a unified vision. The company also regained compliance with Nasdaq’s market value requirement and is focused on maintaining financial discipline and scaling its platform.
The most recent analyst rating on (AIRE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.
reAlpha Tech Corp. reported a significant 326% increase in revenue for the third quarter of 2025, driven by platform expansion, AI integration, and operational progress in its real estate and mortgage businesses. Despite the revenue growth, the company experienced a net loss of $5.8 million, attributed to increased costs from loan brokerage services and operational investments. Key developments included the launch of an upgraded AI-powered Loan Officer Assistant, expansion into new states, and strengthening of its balance sheet through equity financings and debt repayment. The company also enhanced its AI-powered homebuying concierge and implemented a unified customer communication framework, reinforcing its market positioning and strategic growth initiatives.
The most recent analyst rating on (AIRE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.
On October 20, 2025, reAlpha Tech Corp. announced the issuance of 35,845,285 shares of common stock due to the exercise of certain warrants, adding to the 7,291,668 shares issued in September 2025. This exercise of warrants, including Inducement Warrants, July 2025 Warrants, Private Placement Warrants, and Placement Agent Warrants, resulted in gross proceeds of approximately $8.3 million for the company. The company also secured stockholder approval for the issuance of shares underlying the July 2025 Warrants, ensuring compliance with Nasdaq Listing Rule 5635(d), and now has 126,495,220 shares of common stock outstanding.
The most recent analyst rating on (AIRE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.