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reAlpha Tech (AIRE) - 2025 Q4 - Annual Results
AIREreAlpha Tech (AIRE)2025-05-16 11:30

Revenue and Profitability - Revenue increased 4,432% to 925,635inQ12025,comparedto925,635 in Q1 2025, compared to 20,426 in Q1 2024[5] - Net loss was approximately 2.85millioninQ12025,comparedtoanetlossofapproximately2.85 million in Q1 2025, compared to a net loss of approximately 1.41 million in Q1 2024, with the net profit margin improving from approximately (6,947)% to (309)% year-over-year[5] - Adjusted EBITDA was approximately (1.96)millioninQ12025,comparedtoapproximately(1.96) million in Q1 2025, compared to approximately (1.34) million in Q1 2024[5] - Net loss for Q1 2025 was 2,850,351,comparedtoanetlossof2,850,351, compared to a net loss of 1,419,045 in Q1 2024, representing an increase of 101% in losses year-over-year[18] - Adjusted EBITDA for Q1 2025 was (1,960,997),comparedto(1,960,997), compared to (1,337,147) in Q1 2024, indicating a decline of 47% in operational performance[21] Cash and Liquidity - Cash was approximately 1.2millionasofQ12025,downfrom1.2 million as of Q1 2025, down from 3.1 million in Q1 2024[5] - Cash and cash equivalents at the end of Q1 2025 were 1,204,400,downfrom1,204,400, down from 4,838,146 at the end of Q1 2024, reflecting a decrease of 75%[18] - Cash used in operating activities for Q1 2025 was (2,267,103),anincreaseof48(2,267,103), an increase of 48% compared to (1,527,238) in Q1 2024[18] - Total adjustments to reconcile net loss to net cash used in operating activities were 583,248inQ12025,comparedto583,248 in Q1 2025, compared to (108,193) in Q1 2024[18] - Cash used for additions to capitalized software was (91,310)inQ12025,slightlylowerthan(91,310) in Q1 2025, slightly lower than (97,700) in Q1 2024[18] - Proceeds from issuance of common stock in Q1 2025 amounted to 231,235,withnosuchproceedsreportedinQ12024[18]−Netcashprovidedbyinvestingactivitieswas231,235, with no such proceeds reported in Q1 2024[18] - Net cash provided by investing activities was 244,554 in Q1 2025, compared to (19,700)inQ12024,indicatingasignificantimprovement[18]OperatingPerformance−Operatingexpensesincreasedto(19,700) in Q1 2024, indicating a significant improvement[18] Operating Performance - Operating expenses increased to 2.94 million in Q1 2025, compared to 1.31millioninQ12024[15]−Thecompanyincurred1.31 million in Q1 2024[15] - The company incurred 205,247 in interest expense in Q1 2025, compared to 10,445inQ12024,markingasubstantialincrease[21]AssetsandInvestments−Totalassetsincreasedto10,445 in Q1 2024, marking a substantial increase[21] Assets and Investments - Total assets increased to 18.54 million as of March 31, 2025, compared to 11.99millionasofDecember31,2024[12]−TheacquisitionofGTGFinancialcontributedtooriginating36mortgagesforatotalloanvolumeofapproximately11.99 million as of December 31, 2024[12] - The acquisition of GTG Financial contributed to originating 36 mortgages for a total loan volume of approximately 22.4 million since its acquisition in Q1 2025[6] Corporate Developments - The company secured a 5millionmedia−for−equityinvestmentfromMercuriusMediaCapitalLPonMarch10,2025[7]−Thecompanylaunchedseveraltoolstoenhanceoperationalefficiency,includinganewpublic−facingwebsiteforBeMyNeighbor[6]−ThecompanyappointedPiyushPhadkeasChiefFinancialOfficerandVijayRathnaasChiefCryptoOfficer[6]GainsandLosses−Thecompanyreportedagainonthesaleofpropertiesof5 million media-for-equity investment from Mercurius Media Capital LP on March 10, 2025[7] - The company launched several tools to enhance operational efficiency, including a new public-facing website for Be My Neighbor[6] - The company appointed Piyush Phadke as Chief Financial Officer and Vijay Rathna as Chief Crypto Officer[6] Gains and Losses - The company reported a gain on the sale of properties of 0 in Q1 2025, compared to a gain of $(31,378) in Q1 2024[18]