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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 |
|---|---|---|---|---|---|---|---|
62 Neutral | $79.94M | ― | -50.22% | ― | 19.16% | 12.99% | |
60 Neutral | $152.92M | ― | -111.30% | ― | -30.44% | 15.55% | |
53 Neutral | $7.74B | ― | -41.33% | ― | 14.07% | 27.59% | |
53 Neutral | $1.28B | 3.12 | -6.08% | 5.46% | -8.22% | -81.31% | |
49 Neutral | $103.03M | ― | -111.38% | ― | ― | ― | |
| ― | $78.62M | ― | -0.14% | ― | ― | ― | |
52 Neutral | $10.74M | ― | -611.63% | ― | 54.92% | -342.17% |
reAlpha Tech Corp. Corporate Events
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.
On August 13, 2025, reAlpha Tech Corp.‘s Board of Directors announced that the 2025 annual meeting of stockholders will be held on October 8, 2025, with August 11, 2025, set as the record date for voting eligibility. Due to the change in the meeting date, the company has set August 24, 2025, as the deadline for stockholder proposals and nominations, in compliance with Rule 14a-8 and Rule 14a-19 under the Securities Exchange Act of 1934.
On July 23, 2025, reAlpha Tech Corp. announced the full repayment of its secured promissory note with Streeterville Capital, LLC, originally issued on August 14, 2024. The repayment, totaling $4,466,201.65, including a 9% prepayment penalty, was made using cash on hand and proceeds from recent equity offerings. This repayment marks a significant milestone for reAlpha, as it eliminates the company’s long-term debt, strengthens its balance sheet, and enhances its financial flexibility, allowing it to focus on product development, market expansion, and strategic acquisitions.
On July 21, 2025, reAlpha Tech Corp. entered into a Securities Purchase Agreement with institutional accredited investors, resulting in a registered direct offering and a concurrent private placement. The company issued 14,285,718 shares of common stock and unregistered warrants, raising approximately $4.5 million in net proceeds. The offering, which closed on July 22, 2025, was facilitated by H.C. Wainwright & Co. as the exclusive placement agent. The proceeds are intended for working capital, general corporate purposes, and potential investments in cryptocurrencies, indicating a strategic move to strengthen reAlpha’s financial position and operational capabilities.
On July 21, 2025, reAlpha Tech Corp. announced a Securities Purchase Agreement with institutional investors to issue and sell 14,285,718 shares of common stock at $0.35 per share through a registered direct offering. Concurrently, the company will issue unregistered warrants to purchase an equal number of shares in a private placement. The offering is expected to close around July 22, 2025, with net proceeds of approximately $4.5 million intended for working capital, corporate purposes, and debt repayment. This strategic move is expected to bolster reAlpha’s financial position and support its growth initiatives in the real estate technology sector.
On July 18, 2025, reAlpha Tech Corp. announced the closing of a public offering of 13,333,334 shares of common stock, along with Series A-1 and A-2 warrants, at a combined price of $0.15 per share and accompanying warrants. The offering, which commenced on July 16, 2025, resulted in gross proceeds of approximately $2 million, with net proceeds of $1.56 million after fees. These funds are intended for working capital and general corporate purposes, including potential debt repayment and cryptocurrency investments. H.C. Wainwright & Co. served as the exclusive placement agent for the offering.
On July 16, 2025, reAlpha Tech Corp. announced the commencement of a public offering involving 13,333,334 shares of common stock and accompanying Series A-1 and A-2 warrants, priced at $0.15 per share and warrant. The offering, expected to close by July 18, 2025, aims to raise approximately $2 million in gross proceeds, which will be used for working capital, debt repayment, acquisitions, capital expenditures, and cryptocurrency purchases. The company entered into a securities purchase agreement with accredited investors, including lock-up agreements for directors and major shareholders, and plans to seek stockholder approval for warrant issuance. H.C. Wainwright & Co. is acting as the exclusive placement agent.
On July 15, 2025, reAlpha Tech Corp. entered into a waiver agreement with Streeterville Capital, LLC concerning a previous note purchase agreement dated August 14, 2024. This waiver allows reAlpha Tech Corp. to adhere to standstill provisions required for its proposed follow-on equity offering, enabling the company to restrict variable rate financings for up to one year and equity financings for up to 60 days post-offering. The waiver ensures that these restrictions do not breach the terms of the original note purchase agreement, with the condition that the offering occurs by July 31, 2025.
reAlpha Tech Corp. entered into a note purchase agreement with Streeterville Capital, LLC on August 14, 2024, issuing a secured promissory note of $5,455,000 maturing on February 14, 2026. On July 2, 2025, the company received a redemption notice for $350,000, which was settled by issuing common stock shares instead of cash, affecting the company’s voting power and its status as a controlled company under Nasdaq rules.
On August 14, 2024, reAlpha Tech Corp. entered into a note purchase agreement with Streeterville Capital, LLC, issuing a secured promissory note with a principal balance of $5,455,000 maturing on February 14, 2026. On July 2, 2025, the company received a redemption notice for $350,000, which it plans to satisfy with approximately 1,267,656 shares of common stock instead of cash, pending a definitive agreement. This exchange is expected to be less than 20% of the company’s voting power and aims to ensure complete market information, though no assurance is given that the agreement will be finalized.
On July 1, 2025, reAlpha Tech Corp. received a notification from Nasdaq regarding non-compliance with the Nasdaq Listing Rule 5550(b)(2), which requires a minimum market value of listed securities of $35 million. The company has until December 29, 2025, to regain compliance by maintaining a market value of $35 million or more for ten consecutive business days. Previously, on May 20, 2025, reAlpha Tech Corp. was also notified of non-compliance with the Minimum Bid Price Requirement of $1 per share. The company is actively monitoring its market value and share price to address these issues, with the risk of delisting if compliance is not achieved.
On April 2, 2025, reAlpha Tech Corp. entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC, allowing the company to sell up to $7,650,000 of its common stock. This move is part of the company’s strategy to raise capital, although it faces restrictions in Massachusetts due to a prior Consent Order. Additionally, reAlpha is embroiled in legal disputes with GEM Yield Bahamas Limited concerning the GEM Warrants, which could significantly impact its financial position and operations if resolved unfavorably. The ongoing litigation and regulatory challenges highlight potential risks and uncertainties for the company and its stakeholders.
On June 9, 2025, reAlpha Tech Corp. entered into an exchange agreement with Streeterville Capital, LLC, allowing the company to satisfy a $300,000 redemption amount in shares of its common stock instead of cash. This transaction reduced the outstanding balance of the original note to $4,405,707.07 and involved the issuance of 747,607 shares at a price below Nasdaq’s minimum listing rule. Additionally, reAlpha issued 50,505 shares to a third-party consultant for advisory services, bringing the total outstanding shares to 52,046,952 as of June 10, 2025.