reAlpha Tech Corp. Announces Strong First Quarter 2025 Financial Results
DUBLIN, Ohio, May 16, 2025 – reAlpha Tech Corp. (Nasdaq: AIRE), a leading real estate technology company leveraging artificial intelligence (AI) technologies, today announced its financial results for the quarter ending March 31, 2025.
Financial Highlights
- Revenue surged 4,432% to $925,635 in Q1 2025, up from $20,426 in Q1 2024.
- Cash reserves stood at approximately $1.2 million as of March 31, 2025, down from $3.1 million in Q1 2024.
- Net loss widened to approximately $2.85 million in Q1 2025, compared to $1.41 million in Q1 2024, primarily due to increased operating expenses from recent acquisitions.
- Despite a higher net loss, net profit margin improved significantly year-over-year, narrowing from (6,947)% to (309)% due to enhanced operating efficiency and successful integration of acquisitions.
- Adjusted EBITDA was approximately $(1.96) million in Q1 2025, compared to $(1.34) million in Q1 2024.
Business Developments
reAlpha Tech Corp. made notable progress in Q1 2025, including:
- Launching several tools to enhance operational efficiency and customer experience, such as a comprehensive internal lead tracking system and a new public-facing website for subsidiary Be My Neighbor.
- Appointing Piyush Phadke as Chief Financial Officer and Vijay Rathna as Chief Crypto Officer.
- Completing the acquisition of GTG Financial, Inc., a mortgage brokerage founded by a U.S. marine in 2017 and licensed in seven U.S. states. GTG contributed to originating 36 mortgages for a total loan volume of approximately $22.4 million since its acquisition.
- Securing a $5 million media-for-equity investment from Mercurius Media Capital LP, providing significant marketing exposure while preserving cash.
Management Commentary
Piyush Phadke, CFO of reAlpha, commented, “Our Q1 2025 progress is a significant step in the right direction, corroborating the positive trend in revenue growth and EBITDA margins reflected in our 2024 annual report.” He added, “By combining AI-driven technology with strategic acquisitions in real estate services, we’ve driven strong revenue growth and are building a scalable platform aimed at making homeownership more affordable.”
About reAlpha Tech Corp.
reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion dollar U.S. real estate services market. The company is developing an end-to-end platform streamlining the homebuying journey, including real estate brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a streamlined and more affordable path to homeownership.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Actual results may differ materially from current expectations due to factors such as reAlpha’s ability to pay contractual obligations, liquidity, operating performance, and the successful integration of acquired companies. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise these statements except as required by law.
