reAlpha Tech Financials
This page shows reAlpha Tech (AIRE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
reAlpha Tech has an operating margin of -727.8%, meaning the company retains $-728 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -1176.3% the prior year.
reAlpha Tech's revenue surged 126.1% year-over-year to $948K, reflecting rapid business expansion. This strong growth earns a score of 100/100.
reAlpha Tech carries a low D/E ratio of 0.15, meaning only $0.15 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
reAlpha Tech's current ratio of 0.98 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 19/100, which could limit financial flexibility.
reAlpha Tech passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, reAlpha Tech generates $0.23 in operating cash flow (-$6.0M OCF vs -$26.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
reAlpha Tech earns $-125.9 in operating income for every $1 of interest expense (-$6.9M vs $55K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
reAlpha Tech generated $948K in revenue in fiscal year 2024. This represents an increase of 126.1% from the prior year.
reAlpha Tech's EBITDA was -$6.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 34.8% from the prior year.
reAlpha Tech reported -$26.0M in net income in fiscal year 2024. This represents a decrease of 377.2% from the prior year.
reAlpha Tech earned $-0.58 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 346.2% from the prior year.
reAlpha Tech held $3.1M in cash against $241K in long-term debt as of fiscal year 2024.
reAlpha Tech had 46M shares outstanding in fiscal year 2024. This represents an increase of 3.9% from the prior year.
reAlpha Tech's gross margin was 68.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 38.1 percentage points from the prior year.
reAlpha Tech's operating margin was -727.8% in fiscal year 2024, reflecting core business profitability. This is up 448.5 percentage points from the prior year.
reAlpha Tech's net profit margin was -2743.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1443.7 percentage points from the prior year.
AIRE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4M+15.4% | $1.3M+35.3% | $926K+75.8% | $526K+744.2% | $62K+205.3% | $20K | N/A | $59K |
| Cost of Revenue | $696K+10.2% | $631K+55.0% | $407K+167.3% | $152K+734.1% | $18K0.0% | $18K | N/A | $30K |
| Gross Profit | $750K+20.6% | $621K+19.8% | $519K+38.6% | $374K+748.4% | $44K+1925.9% | $2K | N/A | $29K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$4.9M-21.0% | -$4.1M-68.8% | -$2.4M+12.3% | -$2.8M-128.3% | -$1.2M+7.4% | -$1.3M | N/A | -$729K |
| Interest Expense | $26K-91.1% | $292K+242.3% | -$205K-226.1% | $163K+23915.2% | $678-93.7% | $11K | N/A | $22K |
| Income Tax | N/A | $0 | N/A | N/A | $0 | N/A | N/A | N/A |
| Net Income | -$5.8M-40.6% | -$4.1M-44.3% | -$2.8M+86.4% | -$21.0M-1322.4% | -$1.5M-4.2% | -$1.4M | N/A | -$778K |
| EPS (Diluted) | $-0.07+12.5% | $-0.08-33.3% | $-0.06+87.2% | $-0.47-1466.7% | $-0.030.0% | $-0.03 | N/A | $-0.02 |
AIRE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $19.7M+27.1% | $15.5M-16.3% | $18.5M+54.6% | $12.0M-51.3% | $24.6M-2.9% | $25.4M-7.5% | $27.4M+66.3% | $16.5M |
| Current Assets | $12.2M+140.9% | $5.1M-26.6% | $6.9M+70.6% | $4.0M-10.9% | $4.5M-20.9% | $5.7M-22.4% | $7.4M+243.2% | $2.2M |
| Cash & Equivalents | $9.3M+1479.9% | $587K-51.2% | $1.2M-61.4% | $3.1M-15.2% | $3.7M-23.9% | $4.8M-25.1% | $6.5M+966.6% | $605K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $43K-78.2% | $197K+19.7% | $165K-9.7% | $182K+431.4% | $34K+182.2% | $12K-60.3% | $31K | N/A |
| Goodwill | $4.2M-31.8% | $6.2M-12.0% | $7.0M+66.5% | $4.2M-75.7% | $17.3M0.0% | $17.3M0.0% | $17.3M+237.6% | $5.1M |
| Total Liabilities | $8.8M-46.9% | $16.6M-14.8% | $19.5M+87.1% | $10.4M+329.3% | $2.4M+16.6% | $2.1M-23.3% | $2.7M-0.6% | $2.7M |
| Current Liabilities | $3.1M-67.8% | $9.5M-19.9% | $11.8M+185.7% | $4.1M+201.4% | $1.4M+27.1% | $1.1M-47.5% | $2.1M-17.0% | $2.5M |
| Long-Term Debt | N/A | $153K | N/A | $241K | N/A | N/A | $247K | N/A |
| Total Equity | $10.9M+1081.4% | -$1.1M-14.1% | -$972K-162.3% | $1.6M-93.0% | $22.2M-4.6% | $23.3M-5.7% | $24.7M+79.6% | $13.8M |
| Retained Earnings | -$51.0M-12.8% | -$45.2M-10.0% | -$41.1M-7.4% | -$38.3M-152.8% | -$15.1M-10.8% | -$13.7M-11.6% | -$12.2M-17.7% | -$10.4M |
AIRE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.2M-81.8% | -$2.3M-3.0% | -$2.3M-1.4% | -$2.2M-118.5% | -$1.0M+33.0% | -$1.5M+8.0% | -$1.7M-255.3% | -$467K |
| Capital Expenditures | $5K-59.2% | $13K-1.6% | $14K+81.3% | $8K | N/A | N/A | N/A | $29K |
| Free Cash Flow | -$4.3M-81.0% | -$2.3M-3.0% | -$2.3M-80.6% | -$1.3M | N/A | N/A | N/A | -$496K |
| Investing Cash Flow | -$239K-346.8% | -$53K-121.8% | $245K+120.6% | -$1.2M-1886.1% | -$60K-203.2% | -$20K-1440.1% | $1K-99.1% | $172K |
| Financing Cash Flow | $13.2M+644.0% | $1.8M+1619.6% | $103K+119.4% | -$531K-631.5% | -$73K-1.8% | -$71K-100.9% | $7.5M+5324.0% | $138K |
| Dividends Paid | $29K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
AIRE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.9%+2.3pp | 49.6%-6.4pp | 56.0%-15.0pp | 71.1%+0.3pp | 70.7%+60.1pp | 10.7% | N/A | 48.6% |
| Operating Margin | -342.4%-15.9pp | -326.5%-64.8pp | -261.7%+262.9pp | -524.6%+1415.0pp | -1939.6%+4457.4pp | -6397.0% | N/A | -1234.9% |
| Net Margin | -400.1%-71.8pp | -328.3%-20.4pp | -307.9%+3686.5pp | -3994.4%-1623.5pp | -2370.9%+4576.0pp | -6946.9% | N/A | -1317.8% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -29.3%-2.8pp | -26.5%-11.1pp | -15.4%+159.9pp | -175.3%-169.3pp | -6.0%-0.4pp | -5.6% | N/A | -4.7% |
| Current Ratio | 3.99+3.5 | 0.53-0.0 | 0.58-0.4 | 0.98-2.3 | 3.30-2.0 | 5.30+1.7 | 3.59+2.7 | 0.87 |
| Debt-to-Equity | 0.81+0.9 | -0.14+19.9 | -20.06-20.2 | 0.15+0.0 | 0.11+0.0 | 0.09+0.1 | 0.01-0.2 | 0.20 |
| FCF Margin | -294.1%-106.6pp | -187.5%+58.9pp | -246.4%+125.8pp | -372.2% | N/A | N/A | N/A | -841.0% |
Note: The current ratio is below 1.0 (0.98), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is reAlpha Tech's annual revenue?
reAlpha Tech (AIRE) reported $948K in total revenue for fiscal year 2024. This represents a 126.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is reAlpha Tech's revenue growing?
reAlpha Tech (AIRE) revenue grew by 126.1% year-over-year, from $419K to $948K in fiscal year 2024.
Is reAlpha Tech profitable?
No, reAlpha Tech (AIRE) reported a net income of -$26.0M in fiscal year 2024, with a net profit margin of -2743.8%.
What is reAlpha Tech's earnings per share (EPS)?
reAlpha Tech (AIRE) reported diluted earnings per share of $-0.58 for fiscal year 2024. This represents a -346.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is reAlpha Tech's EBITDA?
reAlpha Tech (AIRE) had EBITDA of -$6.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does reAlpha Tech have?
As of fiscal year 2024, reAlpha Tech (AIRE) had $3.1M in cash and equivalents against $241K in long-term debt.
What is reAlpha Tech's gross margin?
reAlpha Tech (AIRE) had a gross margin of 68.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is reAlpha Tech's operating margin?
reAlpha Tech (AIRE) had an operating margin of -727.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is reAlpha Tech's net profit margin?
reAlpha Tech (AIRE) had a net profit margin of -2743.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is reAlpha Tech's operating cash flow?
reAlpha Tech (AIRE) generated -$6.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are reAlpha Tech's total assets?
reAlpha Tech (AIRE) had $12.0M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does reAlpha Tech have outstanding?
reAlpha Tech (AIRE) had 46M shares outstanding as of fiscal year 2024.
What is reAlpha Tech's current ratio?
reAlpha Tech (AIRE) had a current ratio of 0.98 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is reAlpha Tech's debt-to-equity ratio?
reAlpha Tech (AIRE) had a debt-to-equity ratio of 0.15 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is reAlpha Tech's return on assets (ROA)?
reAlpha Tech (AIRE) had a return on assets of -217.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is reAlpha Tech's cash runway?
Based on fiscal year 2024 data, reAlpha Tech (AIRE) had $3.1M in cash against an annual operating cash burn of $6.0M. This gives an estimated cash runway of approximately 6 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is reAlpha Tech's Piotroski F-Score?
reAlpha Tech (AIRE) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are reAlpha Tech's earnings high quality?
reAlpha Tech (AIRE) has an earnings quality ratio of 0.23x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can reAlpha Tech cover its interest payments?
reAlpha Tech (AIRE) has an interest coverage ratio of -125.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is reAlpha Tech?
reAlpha Tech (AIRE) scores 55 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.