The Real Brokerage Inc. (REAX)

The Real Brokerage Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	24.71	23.38	14.71	10.85	25.82	21.23
Short-Term Investments	10.55	9.45	14.22	7.89	8.81	-
Cash & Short-Term Investments	35.26	32.83	28.93	18.74	34.63	21.23
Cash Growth	2.25%	13.47%	54.39%	-45.89%	63.14%	39949.06%
Accounts Receivable	16.79	14.24	6.44	1.55	0.25	0.12
Other Receivables	0.05	0.12	0.06	0.07	0.02	0.22
Receivables	16.84	14.35	6.5	1.62	0.28	0.34
Prepaid Expenses	1.53	1.65	2.13	0.53	0.45	0.09
Restricted Cash	30.26	24.09	12.95	7.48	3.31	0.05
Total Current Assets	83.9	72.91	50.51	28.37	38.67	21.7
Property, Plant & Equipment	2.25	2.12	1.6	0.51	0.28	0.21
Goodwill	8.99	8.99	8.99	10.26	0.6	-
Other Intangible Assets	2.35	2.58	3.44	4.62	0.45	-
Total Assets	100.45	86.6	64.55	43.76	40	21.91
Accounts Payable	0.93	1.37	0.57	0.47	0.05	0.82
Accrued Expenses	33.57	25.94	13.37	11.87	8.82	-
Current Portion of Leases	-	-	-	0.1	0.09	0.09
Other Current Liabilities	33.44	27.14	13.25	8.67	3.35	0.06
Total Current Liabilities	67.94	54.45	27.2	21.11	12.31	0.96
Long-Term Leases	-	-	-	-	0.04	0.13
Other Long-Term Liabilities	-	-	0.27	0.24	0.64	0.02
Total Liabilities	67.94	54.45	27.46	21.35	12.99	1.11
Additional Paid-In Capital	142.46	138.64	115.5	63.2	63.4	21.67
Retained Earnings	-109.71	-104.75	-78.21	-50.7	-30.13	-18.45
Treasury Stock	-0.59	-2.46	-0.26	-14.96	-12.64	-
Comprehensive Income & Other	0.6	0.71	-0.17	24.61	6.38	2.76
Total Common Equity	32.75	32.15	36.88	22.15	27	5.98
Minority Interest	-0.23	-0	0.21	0.26	-	14.82
Shareholders' Equity	32.52	32.14	37.08	22.42	27	20.8
Total Liabilities & Equity	100.45	86.6	64.55	43.76	40	21.91
Total Debt	-	-	-	0.1	0.13	0.22
Net Cash (Debt)	35.26	32.83	28.93	18.64	34.5	21.01
Net Cash Growth	2.25%	13.47%	55.18%	-45.96%	64.19%	-
Net Cash Per Share	0.18	0.17	0.16	0.10	0.20	0.21
Filing Date Shares Outstanding	206.2	203.97	185.28	179.97	178.21	149.5
Total Common Shares Outstanding	205.16	202.5	183.61	179.92	178.21	149.5
Working Capital	15.96	18.46	23.32	7.26	26.35	20.74
Book Value Per Share	0.16	0.16	0.20	0.12	0.15	0.04
Tangible Book Value	21.41	20.58	24.44	7.27	25.95	5.98
Tangible Book Value Per Share	0.10	0.10	0.13	0.04	0.15	0.04
Machinery	3.36	3.08	2.09	0.62	0.27	0.1

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q