ReAlpha Tech (AIRE)
Market Price (3/1/2026): $0.3171 | Market Cap: $25.9 MilSector: Real Estate | Industry: Real Estate Services
ReAlpha Tech (AIRE)
Market Price (3/1/2026): $0.3171Market Cap: $25.9 MilSector: Real EstateIndustry: Real Estate Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -33% | Weak multi-year price returns2Y Excs Rtn is -114%, 3Y Excs Rtn is -172% | Penny stockMkt Price is 0.3 |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 811% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -341% | |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -51% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% | |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Smart Buildings & Proptech, and Crypto & Blockchain. Themes include Travel & Leisure Tech, Show more. | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -267%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -274% | |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -133% | ||
| High stock price volatilityVol 12M is 390% | ||
| Key risksAIRE key risks include [1] severe financial distress, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -33% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 811% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -51% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Smart Buildings & Proptech, and Crypto & Blockchain. Themes include Travel & Leisure Tech, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -114%, 3Y Excs Rtn is -172% |
| Penny stockMkt Price is 0.3 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -341% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -267%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -274% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -133% |
| High stock price volatilityVol 12M is 390% |
| Key risksAIRE key risks include [1] severe financial distress, Show more. |
Qualitative Assessment
AI Analysis | Feedback
ReAlpha Tech (AIRE) stock has lost about 40% since 11/30/2025 because of the following key factors:
1. Lower-than-expected preliminary Q4 2025 revenue estimates and declining cash position.
ReAlpha Tech reported preliminary estimated total revenue for the fourth quarter of 2025 to be between $0.8 million and $1.0 million, with a full-year projection of $4.4 million to $4.6 million for 2025. This indicates a potential sequential decrease in revenue compared to the $1.45 million reported in Q3 2025, raising concerns about the company's growth trajectory and operational performance. Concurrently, the company's cash position decreased by approximately $1.5 million, falling from $9.2 million as of September 30, 2025, to $7.7 million by December 31, 2025, partly attributed to a commitment fee and acquisition-related cash consideration.
2. Corporate governance concerns due to board resignations.
In early February 2026, ReAlpha Tech announced the resignations of two board members, Brian Cole and Monaz Karkaria. This resulted in the company's non-compliance with Nasdaq's audit committee requirements, which mandate a minimum of three independent members. The company stated its intention to appoint a new director within the prescribed cure period to address this issue. Such governance irregularities can negatively impact investor confidence.
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1. Lower-than-expected preliminary Q4 2025 revenue estimates and declining cash position.
ReAlpha Tech reported preliminary estimated total revenue for the fourth quarter of 2025 to be between $0.8 million and $1.0 million, with a full-year projection of $4.4 million to $4.6 million for 2025. This indicates a potential sequential decrease in revenue compared to the $1.45 million reported in Q3 2025, raising concerns about the company's growth trajectory and operational performance. Concurrently, the company's cash position decreased by approximately $1.5 million, falling from $9.2 million as of September 30, 2025, to $7.7 million by December 31, 2025, partly attributed to a commitment fee and acquisition-related cash consideration.
2. Corporate governance concerns due to board resignations.
In early February 2026, ReAlpha Tech announced the resignations of two board members, Brian Cole and Monaz Karkaria. This resulted in the company's non-compliance with Nasdaq's audit committee requirements, which mandate a minimum of three independent members. The company stated its intention to appoint a new director within the prescribed cure period to address this issue. Such governance irregularities can negatively impact investor confidence.
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Stock Movement Drivers
Fundamental Drivers
The -39.2% change in AIRE stock from 11/30/2025 to 3/1/2026 was primarily driven by a -39.2% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3012026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.52 | 0.32 | -39.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4 | 4 | 0.0% |
| P/S Multiple | 10.3 | 6.2 | -39.2% |
| Shares Outstanding (Mil) | 82 | 82 | 0.0% |
| Cumulative Contribution | -39.2% |
Market Drivers
11/30/2025 to 3/1/2026| Return | Correlation | |
|---|---|---|
| AIRE | -39.1% | |
| Market (SPY) | 0.4% | 46.4% |
| Sector (XLRE) | 5.2% | 1.3% |
Fundamental Drivers
The -18.4% change in AIRE stock from 8/31/2025 to 3/1/2026 was primarily driven by a -37.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312025 | 3012026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.39 | 0.32 | -18.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 4 | 36.3% |
| P/S Multiple | 6.5 | 6.2 | -4.6% |
| Shares Outstanding (Mil) | 51 | 82 | -37.2% |
| Cumulative Contribution | -18.4% |
Market Drivers
8/31/2025 to 3/1/2026| Return | Correlation | |
|---|---|---|
| AIRE | -18.2% | |
| Market (SPY) | 6.6% | 28.5% |
| Sector (XLRE) | 4.4% | 11.2% |
Fundamental Drivers
The -78.0% change in AIRE stock from 2/28/2025 to 3/1/2026 was primarily driven by a -95.5% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3012026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.44 | 0.32 | -78.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 4 | 811.1% |
| P/S Multiple | 140.3 | 6.2 | -95.5% |
| Shares Outstanding (Mil) | 44 | 82 | -45.7% |
| Cumulative Contribution | -78.0% |
Market Drivers
2/28/2025 to 3/1/2026| Return | Correlation | |
|---|---|---|
| AIRE | -77.9% | |
| Market (SPY) | 16.5% | 9.4% |
| Sector (XLRE) | 4.0% | 6.6% |
Fundamental Drivers
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Market Drivers
2/28/2023 to 3/1/2026| Return | Correlation | |
|---|---|---|
| AIRE | ||
| Market (SPY) | 79.6% | 7.7% |
| Sector (XLRE) | 25.9% | 7.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AIRE Return | - | - | -100% | 45% | -86% | -19% | -100% |
| Peers Return | 73% | -77% | 85% | 19% | 54% | -12% | 20% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| AIRE Win Rate | - | - | 0% | 33% | 25% | 0% | |
| Peers Win Rate | 39% | 30% | 52% | 47% | 38% | 30% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| AIRE Max Drawdown | - | - | -100% | -70% | -95% | -28% | |
| Peers Max Drawdown | -38% | -79% | -15% | -38% | -38% | -20% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COMP, OPEN, EXPI, REAX, FTHM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/27/2026 (YTD)
How Low Can It Go
AIRE has limited trading history. Below is the Real Estate sector ETF (XLRE) in its place.
| Event | XLRE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -37.9% | -25.4% |
| % Gain to Breakeven | 61.0% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -39.3% | -33.9% |
| % Gain to Breakeven | 64.7% | 51.3% |
| Time to Breakeven | 393 days | 148 days |
| 2018 Correction | ||
| % Loss | -13.5% | -19.8% |
| % Gain to Breakeven | 15.7% | 24.7% |
| Time to Breakeven | 43 days | 120 days |
Compare to COMP, OPEN, EXPI, REAX, FTHM
In The Past
Real Estate Select Sector SPDR Fund (The)'s stock fell -37.9% during the 2022 Inflation Shock from a high on 12/31/2021. A -37.9% loss requires a 61.0% gain to breakeven.
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About ReAlpha Tech (AIRE)
We are a real estate technology company with a mission to develop, utilize and commercialize our artificial intelligence (“AI”) focused technology stack to empower retail investor participation in short-term rental properties. Short-term rentals are utilized for various purposes, including vacations, relocations, renovations, extended work trips, special events, temporary work assignments, or seasonal activities. We were founded on the belief that every person should have the access and the freedom to pursue wealth creation through real estate. However, we believe there are significant entry barriers for the average individual and that the lucrative returns are currently taken mainly by private equity firms and larger-scale developers. We intend to develop and buy technologies to democratize access to short-term rental investments. To support this goal, we are creating a new model, powered by our AI focused technologies, for property ownership and real estate investment. Our business model is built with technologies for analyzing and acquiring short-term rental properties that meet the Investment Criteria (as defined in the “Business” section of this prospectus) for syndication purposes, and which we call Target Properties. Once the Target Properties are acquired, they are prepared for rent and listed on short-term rental sites, and, when warranted, disposed of for profits. Our technologies help us not only identify properties with the most short-term rental profitability potential, but also optimize their profitability by generating listing descriptions using the surrounding attractions of the location, analyzing guest reviews in the area, and suggesting improvements. We intend to generate revenue through our property syndications on the reAlpha App, and, once our technologies are fully developed and ready to be commercialized, we intend to make some of these technologies available for commercial use by other customers on a licensing fee basis, pay-per-use basis or other fee arrangements. The Company plans to make Target Properties available to investors via the Company’s subsidiary, Roost Enterprises, Inc. (“Rhove”). Rhove will create and manage limited liability companies (each, a “Syndication LLC”) to syndicate one or more of the Target Properties through exempt offerings. Once the Syndication LLCs are in place, Rhove will launch exempted offerings to sell membership interests in such properties to investors, through the purchase of membership interests in the Syndication LLCs, pursuant to Regulation A or Regulation D, each as promulgated under the Securities Act of 1933, as amended (the “Securities Act”) (each, a “Syndication”). We refer to properties that have been offered through a Syndication LLC as “Syndicated” properties throughout this prospectus. To further facilitate the investment process in the Syndication LLCs, the Company is currently working on the reAlpha App (hereafter referred to as the “reAlpha App”). The membership interests will provide an ownership stake in the Syndication LLC and in turn in the Target Properties. We refer to such investors as Syndicate Members, who differ significantly to the holders of our common stock. To date, we have not yet developed a secondary trading market for equity interests in our Syndication LLCs. While the potential establishment of such a market is under consideration, no final decision has been made to implement a secondary trading market at this time. We operate in two reportable segments consisting of (i) platform services and (ii) rental business. Our platform services segment offers and develops AI-based products and services to customers in the real-estate industry, while our rental business focuses on purchasing properties for syndication, which process is powered by our platform services technologies. Our principal executive office is located at 6515 Longshore Loop, Suite 100, Dublin, OH.
AI Analysis | Feedback
Like Robinhood, but for fractional investment in AI-selected and managed short-term rental properties.
The Carvana for seamless, AI-driven investment and management of short-term rental properties.
Think of it as Airbnb, but for investors: they use AI to find and manage high-yield short-term rental properties on your behalf.
AI Analysis | Feedback
- Fractional Short-Term Rental Investment Platform: An AI-driven platform enabling individuals to invest in fractional ownership of short-term rental properties.
- Property Management Services: Provides comprehensive management for the short-term rental properties within its portfolio.
AI Analysis | Feedback
ReAlpha Tech (symbol: AIRE) primarily sells its services and investment opportunities directly to **individuals**, rather than other companies. The company operates a platform that enables individuals to invest in fractional ownership of short-term rental properties.
Based on its business model, the major categories of individual customers ReAlpha serves include:
- Individuals Seeking Accessible Real Estate Investment: This category encompasses retail investors who are interested in participating in the lucrative short-term rental market but may be deterred by the substantial capital required for full property ownership, the expertise needed to identify high-potential properties, or the time and effort involved in property management. ReAlpha's platform offers a lower barrier to entry and a passive investment model.
- Diversification-Minded Investors: These are individuals who already have existing investment portfolios (e.g., in stocks, bonds, or mutual funds) and are looking to diversify into alternative assets like real estate. They are attracted to the potential for passive income and capital appreciation from professionally managed short-term rentals, utilizing fractional ownership to spread risk and gain exposure without requiring large, single-asset commitments.
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- Amazon.com, Inc. (AMZN)
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Mike Logozzo, Chief Executive Officer
Mike Logozzo was appointed Chief Executive Officer of ReAlpha Tech Corp. effective June 3, 2025. He previously held the positions of President and Chief Operating Officer, and also served as Chief Financial Officer at ReAlpha. His background includes extensive experience in financial services, innovation, and large-scale execution, having held senior leadership roles at BMW Financial Services, where he oversaw a $32 billion portfolio. He also served as Managing Director at L Marks, focusing on accelerating innovation for global enterprises.
Rakesh Prasad, Interim Chief Financial Officer
Rakesh Prasad was appointed Interim Chief Financial Officer on October 11, 2024. He has been with ReAlpha since May 2021, serving as Vice President of Finance since February 2022 and as a Director of ReAlpha Techcorp Private Limited, a subsidiary. Mr. Prasad brings over a decade of experience in finance reporting and audit, including a tenure at Ernst & Young LLP and the founding of his own chartered accountant firm, RPHR & Company.
Vijay Rathna, Chief Crypto Officer
Vijay Rathna was appointed Chief Crypto Officer as of February 20, 2025. He is a technologist with two decades of experience in building enterprise systems and AI-powered platforms. At ReAlpha, he leads product, engineering, and blockchain initiatives, with a focus on speed, scalability, and system-wide intelligence.
Cristol Rippe, Chief Marketing Officer
Cristol Rippe was appointed Chief Marketing Officer effective April 28, 2025. She is a growth strategist known for building trusted, high-velocity brands in the fintech and real estate sectors. Her prior experience includes leading marketing efforts through Root Insurance's IPO and scaling national reach as the CMO of Landed.
Jamie Cavanaugh, Chief Executive Officer, ReAlpha Mortgage
Jamie Cavanaugh was appointed Chief Executive Officer of the ReAlpha Mortgage division, announced on July 29, 2025. She is a seasoned mortgage executive with expertise in strategy, growth, and operations. Ms. Cavanaugh has held senior roles at Amerifund Home Loans, Prospect Mortgage, and Bank of America, and has been a licensed California Real Estate Broker and Mortgage Loan Originator since 2001.
AI Analysis | Feedback
The key risks to ReAlpha Tech (symbol: AIRE) are:- Financial Challenges, Persistent Losses, and Dilution: ReAlpha Tech faces substantial financial challenges, characterized by persistent losses, significant cash burn, and a heavy reliance on external financing. The company has reported negative free cash flow and a stockholders' deficit, indicating a capital deficiency. Recent public offerings involving deeply discounted shares and warrants have signaled severe financial strain and led to significant shareholder dilution, with the potential to nearly triple the outstanding share count. Management has also acknowledged substantial doubt about the company's ability to continue as a going concern.
- Regulatory and Legal Challenges: The company's core operations are directly threatened by increasing regulatory crackdowns on short-term rentals by local governments, which can impact its ability to acquire and operate properties. Additionally, ReAlpha Tech is involved in ongoing legal disputes, specifically with GEM Yield Bahamas Limited regarding warrants, which could materially impact its financial position and operations if not resolved favorably. The company has also faced regulatory restrictions in certain areas, such as a Consent Order in Massachusetts.
- Unproven Business Model and Market Volatility: ReAlpha Tech is an early-stage company operating with an unproven business model in the volatile short-term rental market. Its growth and ability to acquire properties are heavily dependent on raising capital in environments that may feature high interest rates, making expansion expensive. Concerns also exist regarding the scalability and proven effectiveness of its core AI-driven services, which have yet to demonstrate consistent scalability.
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Clear emerging threats for ReAlpha Tech (AIRE) include:
-
Increasing Regulatory Scrutiny and Restrictions on Short-Term Rentals (STRs): ReAlpha's business model is fundamentally reliant on the ability to acquire and operate properties as short-term rentals. A clear emerging threat is the global trend of municipalities enacting increasingly stringent regulations, including outright bans, caps on rental nights, mandatory permits, higher taxes, and zoning restrictions on STRs. These regulations are often driven by concerns over housing affordability, neighborhood disruption, and quality of life for residents. Such measures directly impact the viability and profitability of STR operations, posing a significant threat to the underlying assets ReAlpha fractionalizes and manages. Evidence of this trend can be seen in legislative actions and ongoing debates in numerous major cities worldwide, such as New York City, Paris, Barcelona, and Santa Monica.
-
Challenging Macroeconomic Environment with Elevated Interest Rates and Potential Real Estate Value Correction: ReAlpha's operations are highly sensitive to prevailing real estate market conditions and the cost of capital. A clear emerging threat is the sustained period of elevated interest rates globally, which increases the cost of financing for property acquisitions and can reduce investor appetite for alternative real estate investments. Furthermore, if these higher rates contribute to a broader correction or slowdown in residential real estate values, the underlying assets held by ReAlpha could depreciate. This would negatively impact investor returns and the overall attractiveness of their fractional ownership offerings. Additionally, a broader economic downturn could curtail discretionary travel, directly affecting STR occupancy rates and rental income. Evidence includes central banks' continued monetary tightening policies and economic forecasts highlighting potential shifts in real estate markets.
AI Analysis | Feedback
ReAlpha Tech (symbol: AIRE) operates in the artificial intelligence (AI) powered real estate technology market, with its main products and services focused on an end-to-end platform for homebuying, including integrated brokerage, mortgage, and title services, as well as identifying properties for the short-term rental market. The addressable markets for ReAlpha Tech's main products and services are:U.S. Short-Term Rental Market
The U.S. short-term rental market was valued at approximately USD 68.64 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.4% from 2025 to 2030, reaching USD 102.86 billion by 2030. Another source indicates the U.S. short-term rental market size was valued at USD 32.25 billion in 2024 and is anticipated to reach around USD 90.96 billion by 2034, growing at a CAGR of 10.93% from 2025 to 2034. In 2023, the U.S. short-term rental market reached approximately $64 billion in revenue.Global AI in Real Estate Market
The global AI in real estate market was valued at USD 2.9 billion in 2024 and is projected to reach USD 41.5 billion by 2033, growing at a CAGR of 30.5%. Another report states the global AI in real estate market size was valued at USD 222.65 billion in 2024 and is expected to grow to USD 303.06 billion in 2025 at a CAGR of 36.1%. It is projected to reach USD 988.59 billion in 2029 at a CAGR of 34.4%. North America led the AI in real estate market in 2024 with a 38.5% market share.AI Analysis | Feedback
ReAlpha Tech (symbol: AIRE) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Acquisition-Led Growth: ReAlpha Tech has a demonstrated strategy of acquiring companies to expand its service offerings and market presence. Recent acquisitions include Be My Neighbor, a mortgage brokerage, and AiChat, an AI-powered chat solution provider. The acquisition of GTG Financial, another mortgage brokerage, has also significantly contributed to loan volume. This inorganic growth strategy is expected to continue fueling revenue expansion.
- Expansion and Commercialization of AI-Powered Real Estate Technology: The company is actively developing and commercializing artificial intelligence technologies to transform the real estate services market. Key initiatives include the launch of the reAlpha Super App, which facilitates commission-free homebuying, and an AI-powered Loan Officer Assistant designed to streamline mortgage operations and reduce manual document preparation time by an estimated 60%. These AI-driven platforms aim to enhance efficiency, improve customer experience, and open new revenue streams from technology solutions.
- Vertical Integration of Real Estate, Mortgage, and Title Services: ReAlpha is building an end-to-end platform that integrates real estate brokerage, mortgage, and title services. This strategy allows the company to monetize the entire home purchase transaction, capturing revenue at multiple stages and increasing the overall revenue generated per customer by bundling services.
- Geographic Market Expansion: The company is actively expanding its operational footprint into new geographic markets. This includes the expansion of its AI-powered homebuying platform into states like Texas and Utah, thereby increasing its addressable market and customer base.
- Growth in Mortgage Brokerage Transactions: A significant driver of recent revenue growth has been mortgage brokerage transactions conducted through its subsidiaries, such as reAlpha Mortgage (formerly Be My Neighbor) and GTG Financial, Inc. These transactions generate revenue from loan origination fees, broker commissions, and processing fees, and continued growth in this area is anticipated.
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Share Repurchases
- As of October 31, 2025, ReAlpha Tech repurchased approximately 6.8 million shares at a cost of roughly $1.1 billion under its $1.5 billion authorization.
Share Issuance
- On October 20, 2025, ReAlpha Tech issued 35,845,285 shares of common stock due to warrant exercises, generating approximately $8.3 million in aggregate gross proceeds. The company also issued 7,291,668 shares in September 2025 from warrant exercises.
- In July 2025, ReAlpha Tech closed a $5 million registered direct offering by selling 14,285,718 shares of common stock at $0.35 per share, alongside unregistered warrants for an equal number of shares. The net proceeds from this offering are intended for working capital, general corporate purposes, debt repayment, future acquisitions, capital expenditures, and potential cryptocurrency purchases.
- In July 2025, the company also completed a $2 million public offering of 13,333,334 shares of common stock, along with Series A-1 and Series A-2 warrants, at a combined price of $0.15 per share. The gross proceeds were approximately $2 million, with net proceeds allocated for working capital, general corporate purposes, debt repayment, future acquisitions, capital expenditures, and cryptocurrency purchases.
Inbound Investments
- ReAlpha Tech received a strategic investment of $5 million from Mercurius Media Capital LP in exchange for shares of its preferred stock, aimed at expanding its media and marketing outreach nationally. Mercurius also has the right to invest an additional $5 million under the same terms.
Outbound Investments
- Between 2024 and 2025, ReAlpha Tech made several acquisitions including Naamche, AiChat, Hyperfast Title, Be My Neighbor, and GTG Financial, adding technology, brokerage, mortgage, and title capabilities to its operations.
- The acquisition of GTG Financial, a mortgage brokerage licensed in seven states, originated 36 mortgages totaling $22.4 million in Q1 2025.
Capital Expenditures
- In the last 12 months, ReAlpha Tech's capital expenditures were -$38,402.
- As of March 31, 2025, capitalized software development (work in progress) was reported at $105,900.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 4.02 |
| Mkt Cap | 0.8 |
| Rev LTM | 3,092 |
| Op Inc LTM | -18 |
| FCF LTM | 87 |
| FCF 3Y Avg | 37 |
| CFO LTM | 94 |
| CFO 3Y Avg | 47 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 28.5% |
| Rev Chg 3Y Avg | 1.9% |
| Rev Chg Q | 30.6% |
| QoQ Delta Rev Chg LTM | 6.8% |
| Op Mgn LTM | -2.0% |
| Op Mgn 3Y Avg | -4.9% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 2.8% |
| CFO/Rev 3Y Avg | 2.1% |
| FCF/Rev LTM | 2.5% |
| FCF/Rev 3Y Avg | 1.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.8 |
| P/S | 0.6 |
| P/EBIT | -27.9 |
| P/E | -26.3 |
| P/CFO | 6.4 |
| Total Yield | -14.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.8% |
| D/E | 0.1 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -19.1% |
| 3M Rtn | -31.6% |
| 6M Rtn | -26.9% |
| 12M Rtn | -15.0% |
| 3Y Rtn | 29.8% |
| 1M Excs Rtn | -22.2% |
| 3M Excs Rtn | -33.6% |
| 6M Excs Rtn | -27.7% |
| 12M Excs Rtn | -32.6% |
| 3Y Excs Rtn | -40.7% |
Price Behavior
Price Behavior
| Market Price | $0.32 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 10/23/2023 | |
| Distance from 52W High | -78.1% | |
| 50 Days | 200 Days | |
| DMA Price | $0.40 | $0.49 |
| DMA Trend | down | down |
| Distance from DMA | -20.9% | -35.1% |
| 3M | 1YR | |
| Volatility | 92.6% | 392.9% |
| Downside Capture | 566.58 | 380.09 |
| Upside Capture | 240.87 | 169.78 |
| Correlation (SPY) | 45.8% | 9.0% |
AIRE Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 5.56 | 4.19 | 4.04 | 4.98 | 1.83 | 0.76 |
| Up Beta | 8.19 | 7.20 | 6.24 | 5.47 | -0.27 | -0.64 |
| Down Beta | 2.01 | 2.09 | 2.56 | 8.93 | 2.04 | 1.18 |
| Up Capture | 509% | 353% | 269% | 320% | 250% | -5% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 8 | 16 | 26 | 53 | 101 | 237 |
| Down Capture | 585% | 428% | 413% | 250% | 171% | 113% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 13 | 25 | 35 | 71 | 147 | 336 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AIRE | |
|---|---|---|---|---|
| AIRE | -77.6% | 391.3% | 0.49 | - |
| Sector ETF (XLRE) | 5.2% | 16.6% | 0.13 | 6.2% |
| Equity (SPY) | 16.5% | 19.4% | 0.66 | 8.8% |
| Gold (GLD) | 81.3% | 25.7% | 2.29 | 2.5% |
| Commodities (DBC) | 13.4% | 16.9% | 0.58 | 2.2% |
| Real Estate (VNQ) | 7.3% | 16.6% | 0.25 | 7.0% |
| Bitcoin (BTCUSD) | -22.0% | 44.9% | -0.42 | 8.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AIRE | |
|---|---|---|---|---|
| AIRE | -75.2% | 315.8% | -0.02 | - |
| Sector ETF (XLRE) | 6.0% | 19.1% | 0.22 | 6.9% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 7.6% |
| Gold (GLD) | 23.5% | 17.1% | 1.12 | 2.5% |
| Commodities (DBC) | 10.6% | 19.0% | 0.44 | -0.3% |
| Real Estate (VNQ) | 5.1% | 18.8% | 0.18 | 7.7% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | 2.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AIRE | |
|---|---|---|---|---|
| AIRE | -50.2% | 315.8% | -0.02 | - |
| Sector ETF (XLRE) | 7.9% | 20.4% | 0.34 | 6.9% |
| Equity (SPY) | 15.4% | 17.9% | 0.74 | 7.6% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 2.5% |
| Commodities (DBC) | 8.7% | 17.6% | 0.41 | -0.3% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 7.7% |
| Bitcoin (BTCUSD) | 65.8% | 66.8% | 1.05 | 2.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/12/2025 | 2.7% | -18.4% | -11.7% |
| 8/14/2025 | 1.7% | -5.3% | 304.6% |
| 5/16/2025 | -17.3% | -24.3% | -38.4% |
| 2/21/2025 | -9.8% | -21.7% | -31.0% |
| 11/12/2024 | 6.0% | -2.0% | 16.0% |
| 8/15/2024 | -3.5% | 2.7% | 9.7% |
| 3/12/2024 | -10.6% | -23.5% | -35.8% |
| SUMMARY STATS | |||
| # Positive | 3 | 1 | 3 |
| # Negative | 4 | 6 | 4 |
| Median Positive | 2.7% | 2.7% | 16.0% |
| Median Negative | -10.2% | -20.0% | -33.4% |
| Max Positive | 6.0% | 2.7% | 304.6% |
| Max Negative | -17.3% | -24.3% | -38.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/16/2025 | 10-Q |
| 12/31/2024 | 04/02/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 04/19/2024 | 10-Q |
| 12/31/2023 | 03/12/2024 | 10-KT |
| 10/31/2023 | 12/18/2023 | 10-Q |
| 07/31/2023 | 09/12/2023 | S-11/A |
| 04/30/2023 | 08/08/2023 | S-11 |
| 01/31/2023 | 05/26/2023 | S-1/A |
| 04/30/2022 | 04/18/2023 | S-1 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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