reAlpha Tech (AIRE) Company Report

reAlpha Tech Corp. reported record full-year 2025 revenue of $4.5 million, an increase of 376% year-over-year, primarily driven by mortgage brokerage transactions, AiChat subscription fees, and revenues from Prevu's real estate services following its acquisition in November 2025.
For the fourth quarter of 2025, revenue increased 70% year-over-year to $0.9 million.
The company strengthened its balance sheet, with cash and cash equivalents increasing 149% to $7.8 million as of December 31, 2025, and generated $17.3 million in proceeds from warrant exercises during FY 2025.
Total Transaction Volume for FY 2025 increased 203% to $116.1 million.
Strategic initiatives included the acquisition of Prevu, which expanded the real estate footprint to 13 states and Washington, D.C., and a definitive agreement to acquire InstaMortgage to add direct lending capabilities.

16 hours ago

8-K

reAlpha Tech Reports Full Year and Fourth Quarter 2025 Results

AIRE

Earnings

Revenue Acceleration/Inflection

M&A

reAlpha Tech Corp. reported full-year 2025 revenue of $4.5 million, an increase of 376% compared to $0.9 million in FY 2024, with Total Transaction Volume growing 203% to $116.1 million.
For FY 2025, gross profit increased to $2.5 million, though the gross profit margin decreased from 68% to 54%, and Adjusted EBITDA was $(13.7) million.
The company's cash and cash equivalents increased 149% to $7.8 million as of December 31, 2025, reflecting strengthened liquidity from approximately $25.5 million in gross proceeds raised through equity-linked financing activities during the year.

16 hours ago

Press Release

reAlpha Tech Provides Corporate Presentation with Q4 2025 Results and Strategic Updates

AIRE

Earnings

M&A

CFO Change

reAlpha Tech (NASDAQ: AIRE) is an AI-driven real estate technology company focused on streamlining and monetizing the full home buying and selling journey through a full-stack revenue model across real estate, mortgage, and title services.
The company targets a $3 Trillion+ market opportunity in the U.S. housing, mortgage origination, and title insurance sectors, aiming to unlock greater revenue potential per customer compared to traditional brokerages.
For Q4 2025, reAlpha reported revenue of $895K (70% YoY increase) and a gross profit of $561K (54% YoY increase), with an Adjusted EBITDA of ($3,848K).
Recent strategic developments include the acquisition of Prevu to expand its real estate footprint, a definitive agreement to acquire InstaMortgage for mortgage expansion, and the appointment of Thomas Kutzman as Chief Financial Officer.

16 hours ago

Presentation

reAlpha Tech Details AI-Powered Platform, M&A, and Financial Strategy

AIRE

M&A

New Projects/Investments

Revenue Acceleration/Inflection

reAlpha Tech operates an AI-powered real estate technology platform designed to streamline home buying, utilizing proprietary AI tools like Claire and an AI loan officer assistant to augment human experts.
The company has expanded its offerings and geographic reach through recent M&A, including the acquisition of Prevu (digital realty) and a definitive agreement for InstaMortgage (a lender), extending realty services to 12 states plus D.C. and mortgage services to 32 states.
reAlpha attracts customers with a rebate program for using multiple services, offering savings (e.g., 1% for realty, 0.5% for mortgage) that can be applied flexibly, targeting transactions between $400,000 and $600,000.
Financially, reAlpha reported over $7 million in cash and no corporate debt, with a cash burn of approximately $750,000 per month as of the document date, prioritizing revenue growth through disciplined acquisitions that are at least break-even.
Management considers lower interest rates a material tailwind, enhancing buyer confidence and affordability for the business.

Feb 12, 2026, 4:00 PM

Transcript

reAlpha Tech Discusses AI-Powered Real Estate Platform and Growth Strategy

AIRE

M&A

New Projects/Investments

Revenue Acceleration/Inflection

reAlpha Tech is an AI-powered real estate technology firm developing an end-to-end integrated home buying platform designed to automate and streamline the traditional real estate transaction.
The company utilizes proprietary AI tools like Claire (AI concierge), Home Buying Hub, and an AI loan officer assistant to augment human experts and improve efficiency in the home buying process.
reAlpha has expanded its geographic footprint and service offerings through recent M&A, including the acquisition of Prevu (digital realty company) and a definitive agreement for InstaMortgage (a mortgage lender).
The company plans to continue M&A activity to build out its platform, focusing on strategic fit, integration, and simpler deals (cash and stock), aiming for both organic and inorganic growth.
Financially, reAlpha is focused on disciplined revenue growth with a low-cost structure, viewing profitability as a progression and reinvesting in growth, while also improving its balance sheet by reducing debt.

Feb 12, 2026, 4:00 PM

Transcript

reAlpha Tech Discusses Strategic Priorities, M&A, and Growth Outlook for 2026

AIRE

M&A

New Projects/Investments

Revenue Acceleration/Inflection

reAlpha Tech, an AI-powered real estate technology firm, is focused on streamlining the home buying process through its integrated platform and proprietary AI tools like Claire and the Home Buying Hub.
The company is pursuing an active M&A strategy to expand its service offerings and geographic footprint, having recently acquired Prevu (digital realty) and signed a definitive agreement for InstaMortgage (a lender).
This M&A activity has significantly expanded its realty presence to 11 states plus the District of Columbia and its mortgage footprint to 32 states, with plans to grow its nascent title services from 3 states.
For 2026, reAlpha's strategic priorities include integration across services, operational consistency, and scale, with a financial focus on disciplined revenue growth and a scalable cost structure, rather than immediate profitability.
reAlpha offers a structural rebate program to customers who use multiple services, leveraging efficiencies from its vertically integrated platform and AI tools to provide savings that can be used for cash back, down payments, or interest rate buy-downs.

Feb 12, 2026, 4:00 PM

Transcript

reAlpha Tech Corp. Signs Definitive Agreement to Acquire InstaMortgage

AIRE

M&A

New Projects/Investments

reAlpha Tech Corp. (AIRE) has entered into a definitive agreement to acquire InstaMortgage Inc., an independent mortgage lender, as announced on December 22, 2025.
The acquisition is valued at approximately $8.5 million, payable in a combination of cash and reAlpha common stock, including deferred consideration.
InstaMortgage, founded in 2008, has reported over $4 billion in mortgage originations over the past five years and operates in 32 states.
This strategic move aims to add direct mortgage lending capabilities to complement reAlpha's existing mortgage brokerage operations and extend its market footprint.
The transaction is subject to regulatory approvals and other customary closing conditions, with an expected close in the first half of 2026.

Dec 22, 2025, 9:45 PM

8-K

reAlpha Reports Q3 2025 Revenue Growth, Becomes Debt-Free, and Advances AI Integration

AIRE

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

reAlpha reported three consecutive quarters of revenue growth in Q3 2025, with Q3 surpassing Q2, and Q1 exceeding all of last year combined.
The company significantly improved its balance sheet by raising $7.5 million in equity offerings and exercising 8.3 million warrants as of October 20, enabling it to repay all debt and become a debt-free company.
reAlpha regained NASDAQ compliance for its $35 million minimum market value and received a six-month extension to meet the $1 stock price requirement.
Strategic initiatives include expanding Realty services into Georgia and Mortgage into Utah and Nevada, with a focus on syncing all three core services (Realty, Mortgage, Title) in the top 10 U.S. states for residential real estate transactions.
AI integration has led to a 90% increase in lead engagement, a 200% increase in appointments for home viewing, and a 140% increase in loan applications.

Nov 21, 2025, 5:00 PM

Transcript

reAlpha Reports Q3 2025 Revenue Growth and Debt Repayment

AIRE

Earnings

Debt Issuance

Delisting/Listing Issues

reAlpha reported three consecutive quarters of revenue growth in Q3 2025, with each quarter surpassing the previous one, and Q1 2025 revenue exceeding the total for the prior year.
The company significantly improved its balance sheet by raising $7.5 million in equity offerings and exercising $8.3 million in warrants as of October 20th, which allowed it to repay its debt in full, making it a debt-free company.
reAlpha regained NASDAQ compliance for its $35 million minimum market value and secured a six-month extension to meet the $1 minimum bid price requirement.
Strategic initiatives include expanding Realty services into Georgia and Mortgage services into Utah and Nevada, and launching new AI tools that resulted in a 90% increase in lead engagement, a 200% increase in home viewing appointments, and a 140% increase in loan applications.
Management highlighted the capital raised as the most strategically important development, providing runway for growth, and plans to hire additional loan officers to drive organic revenue growth.

Nov 21, 2025, 5:00 PM

Transcript

reAlpha Reports Q3 2025 Revenue Growth, Becomes Debt-Free, and Addresses NASDAQ Compliance

AIRE

Earnings

Delisting/Listing Issues

Revenue Acceleration/Inflection

reAlpha reported three consecutive quarters of revenue growth in Q3 2025, with Q3 revenue surpassing Q2, and Q1 revenue exceeding all of the prior year.
The company raised $7.5 million in equity offerings and had 8.3 million warrants exercised as of October 20, which enabled them to repay all debt in full, making reAlpha a debt-free company.
reAlpha regained NASDAQ compliance for its $35 million minimum market value and received a six-month extension to meet the $1.00 minimum bid price requirement.
Strategic developments include expanding Realty services into Georgia and Mortgage into Utah and Nevada, alongside significant AI advancements that led to a 90% increase in lead engagement, 200% increase in appointments, and 140% increase in loan applications.
Management highlighted that the capital raised was the most strategically important development, providing "runway" for growth, and the company is focused on integrating services across the top 10 states for residential real estate volume.