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The Real Brokerage Inc (REAX.TO)

The Real Brokerage Inc (REAX.TO)
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The Real Brokerage Inc is a technology-powered real estate brokerage firm located in the United States and Canada. It has developed a proprietary transaction management and brokerage operations software called reZEN, which powers nearly all of its brokerage operations, enabling efficiency, automation, and flexibility by incorporating end-to-end transaction management, automated compliance and brokerage oversight, integrated payments and financial services, Leo CoPilot, and open API for customization. In addition, the company also offers mortgage brokering and title services. The company's operating segments are North American Brokerage, which derives key revenue, One Real Title, One Real Mortgage, and Real Wallet. Geographically, it derives key revenue from the United States.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Sep, 2022 Jun, 2022 Mar, 2022
Sales 185,332 107,845 96,118 111,633 112,356
Sales Growth +71.85% +12.20% -13.90% -0.64% +82.25%
Net Income -4,118 -7,395 -6,809 -5,247 -4,208
Net Income Growth +44.31% -8.61% -29.77% -24.69% +2.43%
(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Sep, 2022 Jun, 2022 Mar, 2022
Total Assets 75,646 52,248 43,762 47,326 52,297
Total Assets Growth +44.78% +19.39% -7.53% -9.51% -1.29%
Total Liabilities 53,684 31,682 21,347 33,925 33,886
Total Liabilities Growth +69.45% +48.41% -37.08% +0.12% +16.56%
(Values in U.S. Thousands) Jun, 2023 Mar, 2023 Sep, 2022 Jun, 2022 Mar, 2022
Operating Cash Flow 23,588 9,278 -3,623 -3,888 1,312
Operating Cash Flow Growth +154.24% +356.09% +6.82% -396.34% -89.24%
Net Cash Flow 20,421 0 -3,743 -10,852 3,831
Change in Net Cash Flow unch unch +65.51% -383.27% +2,856.12%
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