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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 | 3.04M | 948.42K | 182.53K | 419.41K | 229.67K |
| Gross Profit | 1.73M | 646.34K | -1.46M | 126.21K | -61.68K |
| EBITDA | -10.34M | -6.94M | -1.03M | -5.12M | -5.06M |
| Net Income | -30.09M | -26.02M | -1.88M | -5.45M | -3.19M |
Balance Sheet | |||||
| Total Assets | 15.52M | 11.99M | 27.88M | 21.09M | 5.67M |
| Cash, Cash Equivalents and Short-Term Investments | 587.31K | 3.12M | 6.46M | 1.26M | 1.64M |
| Total Debt | 4.50M | 5.98M | 437.10K | 7.32M | 2.23M |
| Total Liabilities | 16.62M | 10.43M | 3.17M | 7.93M | 8.30M |
| Stockholders Equity | -1.11M | 1.56M | 24.71M | 13.16M | -2.64M |
Cash Flow | |||||
| Free Cash Flow | -8.62M | -6.05M | -3.00M | -5.41M | -6.54M |
| Operating Cash Flow | -8.09M | -6.04M | -2.83M | -4.96M | -1.56M |
| Investing Cash Flow | -1.28M | -1.55M | 506.10K | 1.08M | -2.65M |
| Financing Cash Flow | 6.28M | 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 |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | $266.80M | 13.32 | 2.87% | ― | -6.06% | ― | |
52 Neutral | $229.15M | ― | -41.11% | ― | 6.62% | 30.94% | |
45 Neutral | $38.22M | ― | -43.75% | ― | 32.78% | 36.50% | |
45 Neutral | $19.92M | ― | ― | ― | ― | ― | |
44 Neutral | $63.77M | ― | -104.99% | ― | -36.25% | 11.92% | |
42 Neutral | $47.08M | -0.80 | -92.30% | ― | ― | ― |
reAlpha Tech Corp. Corporate Events
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. is an AI-powered real estate technology company focused on transforming the U.S. real estate services market by developing an integrated platform for brokerage, mortgage, and title services. In its latest earnings report, reAlpha Tech Corp. announced a significant 326% year-over-year increase in revenue for the third quarter of 2025, reaching $1.45 million, driven by platform expansion and AI integration in its real estate and mortgage operations. Key financial highlights include a gross profit of $749,580, despite a decline in gross profit margin from 67% to 52%, and a net loss of $5.8 million, reflecting increased operating expenses and strategic investments. The company also strengthened its balance sheet by raising $18.4 million through equity offerings and warrant exercises, which facilitated the full repayment of high-cost secured debt. reAlpha expanded its operations into new markets, including Georgia, Utah, and Nevada, and enhanced its AI-powered tools to improve customer experience and operational efficiency. Looking forward, reAlpha’s management remains optimistic about continued revenue growth, supported by a stronger financial position and ongoing investments in AI technology.
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.
On October 8, 2025, reAlpha Tech Corp. held its annual meeting of stockholders, where approximately 60.23% of the voting power was represented. During the meeting, all five director nominees were elected, and several key proposals were approved, including the ratification of GBQ Partners, LLC as the independent accounting firm for 2025, a reverse stock split to comply with Nasdaq rules, and amendments to the company’s equity incentive plan. The approval of these proposals indicates strong shareholder support for the company’s strategic 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 September 25, 2025, reAlpha Tech Corp. announced amended and restated executive employment agreements with its CEO, Michael J. Logozzo, and CFO, Piyush Phadke. The agreements, which revise previous contracts, include salary increases for both executives and narrowed non-compete and non-solicit provisions. Logozzo’s salary increased to $300,000, while Phadke’s rose to $275,000. Both executives will continue to receive performance-based bonuses, benefits, and eligibility for equity awards under the company’s 2022 Equity Incentive Plan. These changes reflect the company’s efforts to retain key leadership while aligning executive incentives with performance targets.
The most recent analyst rating on (AIRE) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on reAlpha Tech Corp. stock, see the AIRE Stock Forecast page.
On September 11 and 12, 2025, reAlpha Tech Corp. received approximately $5.5 million from the full cash exercise of warrants to purchase 7,291,668 shares of common stock, originally issued in April 2025. The company plans to use these funds for working capital, general corporate purposes, potential future acquisitions, and capital expenditures.
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 August 21, 2025, reAlpha Tech Corp. received a notice from Glenn Groves, CEO of GTG Financial, a subsidiary of reAlpha, to rescind a Stock Purchase Agreement dated February 20, 2025. By September 8, 2025, reAlpha, GTG Financial, and Groves executed a rescission certificate, effectively reversing the transaction as of August 21, 2025. This resulted in GTG Financial no longer being a subsidiary of reAlpha, with all related shares and agreements between the parties rescinded and nullified.
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 August 21, 2025, reAlpha Tech Corp. received a notice from Glenn Groves, CEO of its subsidiary GTG Financial, to rescind a Stock Purchase Agreement due to the company’s failure to pay the cash portion within 180 days. As a result, the agreement was terminated, GTG Financial will no longer be a subsidiary, and all shares and employment agreements between the parties have been nullified.
The most recent analyst rating on (AIRE) stock is a Sell 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.