The Real Brokerage Inc., together with its subsidiaries, operates as a technology-powered real estate brokerage company. It provides brokerage services for the real estate market through a network of agents. The company offers agents a mobile-focused tech platform to run its business, as well as business terms and wealth-building opportunities. It operates in 42 states in the United States, the District of Columbia, and Canada. The Real Brokerage Inc. is headquartered in Toronto, Canada.
Revenue of The Real Brokerage Inc. (REAX)
Revenue in 2023 (TTM): $689.16 M
According to The Real Brokerage Inc.'s latest financial reports the company's current revenue (TTM) is $689.16 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of The Real Brokerage Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $689.16 M | $62.87 M | $-25,493,000 | $-27,216,000 | $-27,501,000 |
| 2022 | $381.76 M | $31.95 M | $-19,554,000 | $-20,335,000 | $-20,577,000 |
| 2021 | $121.68 M | $11.09 M | $-11,053,000 | $-11,679,000 | $-12,341,000 |
| 2020 | $16.56 M | $2.15 M | $-3,390,000 | $-3,621,000 | $-4,456,000 |
| 2019 | $15.75 M | $1.97 M | $-1,531,000 | $-2,251,000 | $-2,834,000 |
| 2018 | $8.44 M | $1.31 M | $-113,689 | $-113,772 | $-113,772 |