The Real Brokerage Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	33.21	23.38	14.71	10.85	25.82
Short-Term Investments	16.73	9.45	14.22	7.89	8.81
Cash & Short-Term Investments	49.94	32.83	28.93	18.74	34.63
Cash Growth	52.15%	13.47%	54.39%	-45.89%	63.14%
Accounts Receivable	26.4	14.24	6.44	1.55	0.25
Other Receivables	-	-	0.06	0.07	0.02
Total Trade Receivables	26.4	14.24	6.5	1.62	0.28
Other Current Assets	29.42	25.85	15.08	8.01	3.76
Total Current Assets	105.76	72.91	50.51	28.37	38.67
Net Property, Plant & Equipment	2.46	2.12	1.6	1.42	0.28
Other Intangible Assets	4.16	2.58	3.44	3.71	0.45
Goodwill	8.99	8.99	8.99	10.26	0.6
Long-Term Investments	2.25	-	-	-	-
Other Long-Term Assets	3.24	-	-	-	-
Total Assets	126.86	86.6	64.55	43.76	40
Accounts Payable	1.16	1.37	0.57	0.47	0.05
Accrued Expenses	38.21	25.94	13.37	11.87	8.82
Current Portion of Leases	-	-	-	0.1	0.09
Other Current Liabilities	35.9	27.14	13.25	8.67	3.35
Total Current Liabilities	75.27	54.45	27.2	21.11	12.31
Long-Term Leases	-	-	-	-	0.04
Other Long-Term Liabilities	0.01	-	0.27	0.24	0.64
Total Long-Term Liabilities	0.01	-	0.27	0.24	0.68
Total Liabilities	75.28	54.45	27.46	21.35	12.99
Treasury Stock	-	-2.46	-0.26	-14.96	-12.64
Additional Paid-in Capital	164.21	138.64	115.5	88.29	70.12
Accumulated Other Comprehensive Income	0.32	0.71	-0.17	-0.47	-0.35
Retained Earnings	-112.85	-104.75	-78.21	-50.7	-30.13
Total Common Shareholders' Equity	51.68	32.15	36.88	22.15	27
Minority Interest	-0.09	-0	0.21	0.26	-
Shareholders' Equity	51.59	32.14	37.08	22.42	27
Total Liabilities & Equity	126.86	86.6	64.55	43.76	40
Total Debt	0	0	0	0.1	0.13
Net Cash (Debt)	49.94	32.83	28.93	18.64	34.5
Net Cash Growth	52.15%	13.47%	55.18%	-45.96%	64.19%
Net Cash Per Share	0.23	0.17	0.16	0.10	0.20
Book Value	51.68	32.15	36.88	22.15	27
Book Value Per Share	0.24	0.17	0.21	0.12	0.16
Tangible Book Value	38.53	20.58	24.44	8.18	25.95
Tangible Book Value Per Share	0.18	0.11	0.14	0.05	0.15

Updated Mar 4, 2026. Data Source: Fiscal.ai. standard template. Financial Sources.

SEC Filings: 10-K · 10-Q