AIRE reAlpha Tech Corp.

Overview and Growth

In fiscal 2025, reAlpha Tech Corp. recorded $4.52M of revenue, net loss of $17.59M, and an operating cash outflow of $11.26M. Revenue of $4.52M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $948.42K in fiscal 2024, revenue recorded a 376.4% year-over-year increase. Diluted earnings per share were -$0.23, translating the period’s attributable earnings into the amount reported for each diluted share. A diluted share base of 76.32M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Compared with 44.63M diluted shares in fiscal 2024, the current 76.32M base was 71.0% higher. The company employed $21.72M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.21x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $2.45M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 54.3%, so that share of each revenue unit remained after the cost of revenue reported for the period. The company recorded an operating loss of $16.01M after the reported operating expense base. Relative to revenue, the operating deficit measured 354.3%, showing the shortfall after operating costs. After all below-operating-line items, the company recorded a net loss of $17.59M for the fiscal year. The net loss equaled 389.4% of revenue, showing the bottom-line deficit relative to the company’s sales base. Negative EBITDA totaled $15.46M, confirming that the earnings deficit remained before depreciation and amortization. The net loss equaled 153.0% of period-end equity, showing the deficit relative to book capital. Relative to total assets, the net loss represented 81.0%. The bottom-line deficit decreased from $26.02M in fiscal 2024 to $17.59M.

Liquidity and Capital Structure

At period end, current assets of $9.78M compared with current liabilities of $3.63M, defining the company’s short-term resource position. At 2.7x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $7.78M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 214.7% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Book equity represented 53.0% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 42.3% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 35.8%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 81.1% higher than fiscal 2024 assets of $11.99M, measuring the company’s own balance-sheet change. Reported equity changed 633.7% from $1.57M in fiscal 2024, placing the current capital base higher year over year. Compared with $3.12M in fiscal 2024, the current cash balance moved 149.2% and finished higher.

Cash Flow and Earnings Quality

Operating activities used $11.26M of cash, resulting in an operating cash outflow for the year. Capital expenditures used $42.90K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. Operating cash flow and capital spending combined to leave a $11.31M cash deficit after capital spending. Free-cash-flow margin was -250.2%, reflecting a cash deficit equal to 250.2% of revenue after capital spending. Relative to total assets, the post-investment cash deficit measured 52.1%. Cash absorbed by operations increased from $6.04M in fiscal 2024 to $11.26M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.