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reAlpha Tech Corp. Announces 4,432% Year-over-Year Revenue Growth for Quarter Ended March 31, 2025
AIREreAlpha Tech (AIRE) GlobeNewswire·2025-05-16 11:15

Core Insights - reAlpha Tech Corp. reported a significant revenue increase of 4,432% to 925,635inQ12025comparedto925,635 in Q1 2025 compared to 20,426 in Q1 2024, indicating strong growth momentum [7] - The company is focused on integrating AI technologies with strategic acquisitions in the real estate sector to enhance revenue growth and operational efficiency [3][5] - Despite a net loss of approximately 2.85millioninQ12025,thenetprofitmarginimprovedfromapproximately(6,947)2.85 million in Q1 2025, the net profit margin improved from approximately (6,947)% to (309)% year-over-year, reflecting better operational efficiency [7] Financial Highlights - Revenue for Q1 2025 was 925,635, a substantial increase from 20,426inQ12024[7]Cashreservesdecreasedtoapproximately20,426 in Q1 2024 [7] - Cash reserves decreased to approximately 1.2 million in Q1 2025 from 3.1millioninQ12024[7]AdjustedEBITDAwasapproximately3.1 million in Q1 2024 [7] - Adjusted EBITDA was approximately (1.96) million in Q1 2025, compared to approximately (1.34)millioninQ12024[7]BusinessDevelopmentsThecompanylaunchedseveraltoolstoimproveoperationalefficiency,includingaleadtrackingsystemandanewpublicfacingwebsiteforitssubsidiary,BeMyNeighbor[8]reAlphaacquiredGTGFinancial,amortgagebrokerage,whichhasoriginated36mortgagestotalingapproximately(1.34) million in Q1 2024 [7] Business Developments - The company launched several tools to improve operational efficiency, including a lead tracking system and a new public-facing website for its subsidiary, Be My Neighbor [8] - reAlpha acquired GTG Financial, a mortgage brokerage, which has originated 36 mortgages totaling approximately 22.4 million since the acquisition [8] - A $5 million media-for-equity investment was secured from Mercurius Media Capital LP, enhancing marketing exposure while conserving cash [8] Operational Insights - The company is developing an end-to-end platform aimed at streamlining the homebuying process, which includes real estate brokerage, mortgage, and title services [5] - The strategic acquisition-driven growth model is designed to create a vertically integrated ecosystem for affordable homeownership [5]