Quarterly ResultApr 28, 2026, 07:21 AM
reAlpha Q1 Revenue -9% to $0.8M; Net Loss $4.3M; Transaction Volume +119%
AI Summary
reAlpha Tech Corp. reported Q1 2026 financial results, with revenue decreasing 9% to $0.8 million and a net loss of $4.3 million. Despite the revenue decline, the company achieved a 119% increase in Total Transaction Volume to $131.3 million and improved gross margin to 66% from 56%. Cash and cash equivalents also increased by 288% to $4.7 million. The company also appointed Thomas Kutzman as Chief Financial Officer and launched a Homebuying Hub to streamline the transaction process.
Key Highlights
- Thomas Kutzman appointed Chief Financial Officer.
- Q1 2026 revenue decreased 9% to $0.8 million.
- Homebuying Services Segment revenue was $0.6 million, down from $0.8 million.
- Technology Services Segment revenue was $0.3 million, up from $0.2 million.
- Net loss was $4.3 million, compared to $2.9 million in Q1 2025.
- Gross profit increased to $0.6 million, with gross margin at 66%.
- Cash and cash equivalents increased 288% to $4.7 million.
- Total Transaction Volume increased 119% to $131.3 million.
Price Impact
More from AIRE