Top Page
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 | $248.86M | 12.31 | 2.87% | ― | -6.06% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
58 Neutral | $218.49M | -3.48 | -41.11% | ― | 6.62% | 30.94% | |
50 Neutral | $33.36M | -1.24 | -43.75% | ― | 32.78% | 36.50% | |
47 Neutral | $59.40M | -0.76 | -92.30% | ― | ― | ― | |
44 Neutral | $51.60M | -0.70 | -104.99% | ― | -36.25% | 11.92% | |
44 Neutral | $18.95M | ― | ― | ― | ― | ― |
reAlpha Tech Corp. Corporate Events
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.
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.
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.
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.
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.
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.
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.