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AIRE
reAlpha Tech Corp.

7,035
Mkt Cap
$17.6M
Volume
252,105.00
52W High
$45.00
52W Low
$2.90
PE Ratio
-0.59
AIRE Fundamentals
Price
$3.28
Prev Close
$3.07
Open
$3.22
50D MA
$6.89
Beta
1.26
Avg. Volume
94,791.33
EPS (Annual)
-$5.80
P/B
2.13
Rev/Employee
$83,675.89
$24.87
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reAlpha (Nasdaq: AIRE) CEO and CFO to Present Company's Vertically Integrated Homebuying Vision at Two New York Conferences
DUBLIN, Ohio, May 01, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced Mike Logozzo, Chief Executive Officer, and Thomas Kutzman, Chief Financial Officer, will present at The Market Movers Investor Summit and the D. Boral Global Conference. Management will discuss Alpha's progress in executing its strategy to build the leading consumer-aligned, AI-driven real estate platform, including recent momentum in transaction growth volume, geographic expansion, and the integration of its acquired businesses. “We're building an integrated platform bringing together real estate, mortgage, and title. We are uniquely positioned to transform the homebuying journey through technology, data, and integrated services. These conferences are an opportunity to share our progress directly with investors,” said Mike Logozzo, Chief Executive Officer. Market Movers Investor Summit Date: May 5, 2026  Location: 48 Wall Street, New York City  Company Presentation: 1:00 pm ET, May 5, 2026  D. Boral Global Conference  Date: May 7, 2026  Location: The Plaza Hotel, New York City  One-on-one investor meetings  About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, SVP of Investor Relations InvestorRelations@reAlpha.com
GlobeNewswire·1d ago
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reAlpha (NASDAQ: AIRE) Announces AiChat Launch of Shopify Conversational Commerce Integration and AI Ticketing for eCommerce
Shopify-integrated solution enables in-chat purchasing and AI-powered customer support within a unified conversational workflow DUBLIN, Ohio, April 30, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, today announced that its AI-powered conversational platform subsidiary, AiChat Pte. Ltd. (“AiChat”), has launched conversational commerce and AI ticketing capabilities for eCommerce brands. The platform is designed to enable businesses to manage product discovery, customer interaction, transaction, and post-purchase support within a single conversational interface, reflecting a broader shift toward interaction-driven commerce models. AiChat’s capabilities build on its recognized expertise in AI-driven customer engagement, having received two Silver awards at the MARKies Awards Singapore 2026 for its work in artificial intelligence and marketing automation. Conversational Commerce and Marketing Automation AiChat’s platform enables businesses to execute the full purchase journey directly within messaging and conversational channels, allowing customers to discover products, receive recommendations, and complete transactions without leaving the interaction. Through direct integration with Shopify, AiChat connects conversational interfaces directly to a business’s existing commerce engine, enabling real-time access to product, inventory, and order data within customer interactions. Within this environment, the platform introduces an AI-assisted co-pilot that supports human sales representatives by surfacing relevant product recommendations during live conversations, supporting cross-sell and upsell interactions. Product catalogs and inventory are synchronized automatically, allowing businesses to maintain consistency across systems while providing customers with accurate, real-time availability. Order data is also integrated into the conversational layer, enabling the system to retrieve order status and respond to customer inquiries efficiently during post-purchase interactions. This approach allows commerce workflows to operate natively within messaging environments, where customer engagement is increasingly taking place, rather than requiring transitions across multiple digital touchpoints. Industry research indicates that websites with conversational AI see 23% higher conversion rates overall, with shoppers who engage with AI chat converting at 12.3% compared with 3.1% for non-engaged visitors, reinforcing the growing commercial relevance of conversation-driven shopping experiences.[1] “We are seeing a fundamental shift in how commerce happens, moving from page-based journeys to conversation-driven interactions,” said Kester Poh, Chief Executive Officer of AiChat. “We believe many brands operate centralized eCommerce infrastructure while serving customers across multiple channels. Connecting that commerce engine into conversational workflows is what makes in-chat commerce practical for both customers and sales teams." Customer Support & AI Ticketing for eCommerce AiChat’s platform also includes integrated customer support and AI-powered ticketing capabilities that allow businesses to manage service interactions within the same conversational environment. Conversations that require follow-up can be converted into structured tickets, assigned to agents, and tracked through resolution. By maintaining continuity between engagement, transaction, and support, businesses can reduce fragmentation across systems and improve the efficiency of customer service operations, while ensuring that context is preserved throughout the interaction. AI is expected to resolve up to 80% of common customer service issues without human intervention, underscoring the growing role of AI-powered ticketing systems in modern eCommerce operations.[2] “We believe AI is fundamentally changing how businesses engage with customers, shifting interactions from fragmented touchpoints to continuous, conversation-driven experiences,” said reAlpha’s Chief Technology Officer, Vijay Rathna. “With these capabilities, businesses can connect marketing, commerce, and support within a single workflow, which may enable more personalized engagement, faster resolution, and more efficient operations across the customer lifecycle.” AiChat’s capabilities align with reAlpha’s broader strategy of using AI to simplify complex consumer transactions, including homebuying experiences that require coordinated engagement, service, and support. [1] 30 Conversational Commerce Statistics for Ecommerce, Envive AI Blog, https://www.envive.ai/post/conversational-commerce-statistics [2] Gartner Predicts Agentic AI Will Autonomously Resolve 80 Percent of Common Customer Service Issues Without Human Intervention by 2029, Gartner Newsroom, https://www.gartner.com/en/newsroom/press-releases/2025-03-05-gartner-predicts-agentic-ai-will-autonomously-resolve-80-percent-of-common-customer-service-issues-without-human-intervention-by-20290 About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. About AiChat Pte. Ltd AiChat Pte. Ltd., a subsidiary of reAlpha, is a Singapore-based company that develops AI-powered conversational customer experience solutions. Its platform leverages artificial intelligence to provide businesses with intelligent chatbots, voice agents, and automation tools that improve customer interactions and operational efficiency. For more information about AiChat, visit www.aichat.com. Forward-Looking Statements The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Technology Officer, Vijay Rathna, and AiChat’s Chief Executive Officer, Kester Poh, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; reAlpha’s ability to commercialize its developing AI-based technologies; whether reAlpha’s technology and products, including that of its subsidiaries, will be accepted and adopted by its customers and intended users; reAlpha’s ability to integrate AiChat’s AI technology into its existing business and the anticipated demand for AiChat’s AI technology; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to obtain the necessary regulatory and legal approvals to expand into additional U.S. states and maintain, or obtain, brokerage licenses in such states; reAlpha’s ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; reAlpha’s ability to enhance its, and its subsidiaries’, loan processing efficiency by leveraging its AI-powered platform and overall resources; AiChat’s ability to provide personalized customer service solutions through its services and offerings; the inability to maintain and strengthen reAlpha’s brand and reputation; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets; the potential loss of key employees of its acquired companies; reAlpha’s inability to accurately forecast demand for AI-based real estate focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@realpha.com
GlobeNewswire·2d ago
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reAlpha (NASDAQ: AIRE) Announces 1-for-25 Reverse Stock Split to be Effective on April 30, 2026
1-for-25 Reverse Stock Split Intended to Support Compliance with Nasdaq’s Minimum Bid Price Requirement for Continued Listing DUBLIN, Ohio, April 28, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, today announced a 1-for-25 reverse stock split of its outstanding common stock. The reverse stock split will become effective at 12:01 a.m. ET on April 30, 2026. The common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market (“Nasdaq”) under the same symbol “AIRE” when the market opens on April 30, 2026, with the new CUSIP number 75607T204. The reverse stock split was approved by the Company’s stockholders at its annual meeting of stockholders held on October 8, 2025. The reverse stock split is intended to increase the per share trading price of the Company’s common stock to regain compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq. The reverse stock split will reduce the number of outstanding shares of the Company’s common stock from approximately 134.12 million shares pre-reverse split to approximately 5.36 million shares post-reverse split. The number of authorized shares of common stock and the par value per share will remain unchanged. As a result of the reverse stock split, every 25 shares of the Company’s pre-reverse split common stock will be combined and reclassified into one share of common stock. Proportionate voting rights and other rights of such holders will not be affected by the reverse stock split. No fractional shares will be issued in connection with the reverse stock split, and all such fractional interests held by stockholders of record will be rounded up to the nearest whole number of shares of common stock. In accordance with the terms of the Company’s outstanding preferred stock, warrants, equity incentive plans and applicable award agreements, the number of shares underlying outstanding preferred stock, warrants and equity awards will be proportionately adjusted, and any conversion and exercise prices will be proportionately adjusted, to reflect the reverse stock split. The Company’s transfer agent, VStock Transfer, LLC, is acting as exchange agent for the reverse stock split and will send instructions to stockholders of record regarding the exchange of certificates for common stock, if any, for uncertificated shares of common stock. Stockholders owning shares via a broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split, subject to the brokers’ particular processes, and generally will not be required to take any action in connection with the reverse stock split. Additional information about the reverse stock split can be found in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission (the “SEC”) on August 25, 2025 (the “Proxy Statement”). The Proxy Statement is available at www.sec.gov or at the Company’s website at www.realpha.com. Additional information regarding this reverse stock split will be included in a Current Report on Form 8-K to be filed by the Company with the SEC on or about the date hereof. Forward-Looking Statements This press release may contain forward-looking statements about the Company within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, reAlpha’s expectations regarding anticipated compliance with Nasdaq’s minimum bid price rules. You can find many (but not all) of these statements by looking for words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “would,” “should,” “could,” “may,” “will” or other similar expressions. While management has based any forward-looking statements included in this press release on its current expectations on reAlpha’s strategy, plans, intentions, performance, or future occurrences or results, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of reAlpha’s control, that could cause actual results to materially differ from such statements. Such risks, uncertainties and other factors include, but are not limited to, reAlpha’s ability to regain compliance with Nasdaq’s minimum bid price rule; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; the health of the U.S. residential real estate industry and changes in general economic conditions; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s ability to maintain compliance with all Nasdaq listing rules; reAlpha's ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to successfully enter new geographic markets and to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings or any legal proceedings that may be instituted against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; the inability to maintain and strengthen reAlpha’s brand and reputation; reAlpha’s ability to enhance its operational efficiency, improve cross-functional coordination and support the reAlpha platform’s continued growth through the implementation of new internal processes and initiatives, including upgrades thereto; reAlpha’s ability to continue attracting loan officers and maintain its relationship with its REALTOR® affiliate to expand its operations nationally; any accidents or incidents involving cybersecurity breaches and incidents; the availability of rebates, which may be limited or restricted by state law; risks specific to AI-based technologies, including potential inaccuracies, bias, or regulatory restrictions; risks related to data privacy, including evolving laws and consumer expectations; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; reAlpha’s ability to obtain additional financing or access the capital markets on acceptable terms and conditions in the future; changes in applicable laws or regulations, including with respect to the real estate market, AI and AI technologies, and the impact of the regulatory environment and complexities with compliance related to such environment; reAlpha’s ability to effectively compete in the real estate and AI industries; and other risks and uncertainties indicated in reAlpha’s filings with the U.S. Securities and Exchange Commission (the “SEC”). Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@reAlpha.com
GlobeNewswire·4d ago
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reAlpha (Nasdaq: AIRE) Reports First-Quarter 2026 Financial Results
Platform enters spring homebuying season with broader service coverage, a newly launched Homebuying Hub, and Total Transaction Volume that more than doubled year-over-year DUBLIN, Ohio, April 28, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced financial results for the first quarter ended March 31, 2026. Financial Highlights (All figures are approximate and compared to Q1 2025 unless otherwise stated) Revenue decreased 9% to $0.8 million in the first quarter of 2026, compared to $0.9 million in the first quarter of 2025. Homebuying Services Segment revenue was $0.6 million, compared to $0.8 million in the prior year period, reflecting contributions from reAlpha Mortgage and Prevu, which was acquired in November 2025, and partially offset by the absence of revenue generated by GTG Financial following the rescission of the acquisition in August 2025. Technology Services Segment revenue was $0.3 million, compared to $0.2 million in the prior year period, driven by growth in AiChat’s subscription-based platform and related services. Cash and cash equivalents increased 288% to $4.7 million as of March 31, 2026, compared to $1.2 million as of March 31, 2025, primarily reflecting capital raised during 2025, including proceeds from warrant exercises. Gross profit increased to $0.6 million, up from $0.5 million in the first quarter of 2025. Gross margin increased to 66% from 56% in the first quarter of 2025, primarily reflecting a higher contribution from AiChat’s technology services, which carry higher gross margins than the Company’s real estate and mortgage operations. Adjusted EBITDA was $(3.8) million, compared to $(2.0) million in the first quarter of 2025, primarily reflecting the full-quarter impact of operating expenses from recently acquired businesses, the use of marketing credits from the media-for-equity transaction with Mercurius Media and higher operating expenses year-over-year. Net loss was $4.3 million in the first quarter of 2026, compared to $2.9 million in the first quarter of 2025. Total Transaction Volume increased by 119% to $131.3 million, compared to $59.9 million in Q1 2025. Total Transaction Volume reflects the aggregate dollar value of brokerage, mortgage and title transactions facilitated through the reAlpha platform on a trailing twelve-month basis. “Our first quarter results reflect continued progress in scaling the reAlpha platform alongside a more dynamic housing market environment. While revenue declined year-over-year, we delivered strong growth in total transaction volume and improved gross margins, supported by the performance of our core homebuying and technology services,” said Thomas Kutzman, Chief Financial Officer of reAlpha. “As the quarter progressed, a combination of interest rate volatility and broader market uncertainty influenced homebuyer activity, contributing to a more selective and timing-sensitive buyer environment. In this context, execution and efficiency across the platform are critical. We are focused on improving coordination throughout the homebuying journey, strengthening conversion, and positioning the business for future growth.” Business Highlights During Q1 2026, reAlpha advanced a set of operating priorities aimed at increasing service coordination, clarifying the buyer value proposition, and improving readiness for the spring homebuying season: Launched Homebuying Hub to coordinate the buy-side journey across search, financing, and closing. The centralized platform brings simplified structure to the transaction process by helping buyers navigate key milestones through a more unified experience. reAlpha believes that the launch of the Hub is an important step toward improving customer continuity across the full homebuying journey. Introduced enhanced “Make an Offer” functionality to streamline the transition from search to transaction. The updated workflow gives buyers a clearer path into the offer stage and helps reduce friction at a critical point in conversion. This improvement is part of reAlpha’s ongoing effort to simplify execution across high-intent moments in the buying process. Improved multi-service onboarding and customer progression flows to support a more coordinated cross-service experience. reAlpha continued refining how customers move between real estate, financing, and related transaction milestones on the platform. The result is intended to be a more connected experience that better supports engagement across multiple services. Upgraded the Multiple Listing Service data pipeline to improve listing sync and platform responsiveness. Faster listing updates help ensure that users are seeing more current information as they search and evaluate homes. The enhancement is also expected to strengthen the reliability of the platform during periods of active customer engagement. Appointed Thomas Kutzman as Chief Financial Officer to oversee financial operations, capital strategy, and key corporate functions. Mr. Kutzman’s appointment provides senior financial leadership as reAlpha continues to scale its platform, integration efforts, and public-company infrastructure. reAlpha expects his leadership to support operational discipline, financial oversight, and execution across key strategic initiatives. Embedded agentic AI into core back-office workflows across Operations, M&A, Marketing, Strategy, and Research. These workflow initiatives are intended to improve how teams manage planning, diligence, coordination, and decision-making across the organization. reAlpha believes this internal AI layer can help the business scale more efficiently while maintaining execution speed. “As we navigate current market headwinds, we are seeing our platform strategy translate into real momentum, with total transaction volume more than doubling year over year as we expand our service coverage and better coordinate real estate, mortgage, and title,” said Mike Logozzo, Chief Executive Officer of reAlpha. “During the quarter, we focused on making a better homebuying model more tangible, with a clearer savings proposition, a more organized path from search through financing, and continued progress in how the buyer journey works together. In a market where affordability is stretched and buyers are more selective, we believe the long-term winner will be the company that makes homebuying easier, more trustworthy, and more affordable for the customer.” About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Forward-Looking Statements The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Executive Officer, Mike Logozzo, and reAlpha’s Chief Financial Officer, Thomas Kutzman, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; the health of the U.S. residential real estate industry and changes in general economic conditions; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s ability to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and maintain compliance with all Nasdaq listing rules; reAlpha’s ability to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2); reAlpha's ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to translate improvements to its platform and homebuying journey into increased revenue; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to successfully enter new geographic markets and to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings or any legal proceedings that may be instituted against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; the inability to maintain and strengthen reAlpha’s brand and reputation; reAlpha’s ability to enhance its operational efficiency, improve cross-functional coordination and support the reAlpha platform’s continued growth through the implementation of new internal processes and initiatives, including upgrades thereto; reAlpha’s ability to continue attracting loan officers and maintain its relationship with its REALTOR® affiliate to expand its operations nationally; any accidents or incidents involving cybersecurity breaches and incidents; the availability of rebates, which may be limited or restricted by state law; risks specific to AI-based technologies, including potential inaccuracies, bias, or regulatory restrictions; risks related to data privacy, including evolving laws and consumer expectations; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; reAlpha’s ability to obtain additional financing or access the capital markets on acceptable terms and conditions in the future; changes in applicable laws or regulations, including with respect to the real estate market, AI and AI technologies, and the impact of the regulatory environment and complexities with compliance related to such environment; reAlpha’s ability to effectively compete in the real estate and AI industries; and other risks and uncertainties indicated in reAlpha’s filings with the U.S. Securities and Exchange Commission (the “SEC”). Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@reAlpha.com reAlpha Tech Corp. and Subsidiaries Condensed Consolidated Balance Sheet March 31, 2026 (Unaudited) and December 31, 2025     March 31, 2026,  December 31, 2025  ASSETS               Current Assets       Cash $4,667,612  $7,783,529  Accounts receivable, net  91,610   68,148  Pre-paid expenses  353,958   961,411  Other current assets  237,385   362,293  Escrow deposit  500,000   600,000  Total current assets  5,850,565   9,775,381            Property and Equipment, at cost         Property and equipment, net $103,165  $64,626            Other Assets         Investments  59,417   111,646  Intangible assets, net  4,164,833   4,306,553  Goodwill  7,459,125   7,459,125  TOTAL ASSETS $17,637,105  $21,717,331            LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY                   Current Liabilities         Accounts payable $551,533  $306,216  Related party payables  5,622   5,654  Short term loans - related parties -current portion  72,046   86,585  Short term loans - unrelated parties -current portion  186,839   209,601  Accrued expenses  325,274   660,577  Deferred liabilities- current portion  1,242,466   1,960,850  Deferred revenue  363,618   396,227  Total current liabilities $2,747,398  $3,625,710            Long-Term Liabilities         Derivative liability  4,602,480   4,574,980  Other long-term loans - unrelated parties - net of current portion  71,630   88,411  Deferred liabilities - net of current portion  577,836   561,740  Contingent consideration  326,527   344,877  Total liabilities $8,325,871  $9,195,718            Mezzanine Equity         Preferred Stock, $0.001 par value; 5,000,000 shares authorized, of which 1,000,000 shares are designated as Series A Convertible Preferred Stock; 256,125 and 250,000 shares issued and outstanding as of March 31, 2026, and December 31, 2025, respectively.  1,057,500   1,020,377            Stockholders’ Equity         Common stock ($0.001 par value; 200,000,000 shares authorized, 134,118,789 and 131,740,675 shares outstanding as of March 31, 2026; and December 31, 2025, respectively.  134,119   131,741  Additional paid-in capital  68,588,279   67,466,893  Accumulated deficit  (60,356,156)  (55,980,534) Accumulated other comprehensive (loss)  (123,538)  (127,889) Total stockholders’ equity of reAlpha Tech Corp.  8,242,704   11,490,211            Non-controlling interests in consolidated entities  11,030   11,025  Total stockholders’ equity  8,253,734   11,501,236            TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY $17,637,105  $21,717,331  reAlpha Tech Corp. and Subsidiaries Condensed Consolidated Statements of Operations and Comprehensive Loss For the Three Months Ended March 31, 2026 and 2025 (Unaudited)     March 31, 2026  March 31, 2025          Revenues $841,062  $925,635  Cost of revenues  288,797   406,968  Gross Profit  552,265   518,667            Operating Expenses         Wages, benefits and payroll taxes  2,128,488   1,060,104  Marketing and advertising  1,261,980   518,939  Professional and legal fees  727,632   742,159  Depreciation and amortization  165,202   179,149  Other operating expenses  549,621   440,574  Total operating expenses  4,832,923   2,940,925            Operating Loss  (4,280,658)  (2,422,258)           Other Expense (Income)         Changes in fair value of contingent consideration  (18,350)  93,000  Interest expense, net  24,680   205,063  Change in fair value of derivative liability  27,500   -  Other expense, net  24,007   129,846  Total other expense  57,837   427,909            Net Loss from continuing operations before income taxes  (4,338,495)  (2,850,167) Income tax (expense) benefit  -   -            Net Loss from continuing operations  (4,338,495)  (2,850,167)           Net Loss $(4,338,495) $(2,850,167)           Less: Net Income (Loss) Attributable to Non-Controlling Interests  5   (409)           Net Loss Attributable to Controlling Interests $(4,338,500) $(2,849,758)           Preferred stock dividend  37,123  $184  Net Loss Attributable to Common Stockholders $(4,375,623) $(2,849,942)           Other comprehensive income         Foreign currency translation adjustments  4,351   (11,931) Total other comprehensive (Loss) income  4,351   (11,931)           Comprehensive Loss Attributable to Common Stockholders $(4,371,272) $(2,861,873)           Basic loss per share         Continuing operations $(0.03) $(0.06) Net Loss per share — basic $(0.03) $(0.06)           Diluted loss per share         Continuing operations $(0.03) $(0.06) Net Loss per share — diluted $(0.03) $(0.06)           Weighted-average outstanding shares — basic  132,384,827   45,913,591            Weighted-average outstanding shares — diluted  132,384,827   45,913,591  reAlpha Tech Corp. and Subsidiaries Condensed Consolidated Statements of Cash Flows For the Three Months Ended March 31, 2026, and 2025 (unaudited)     For the Three Months Ended  For the Three Months Ended    March 31, 2026  March 31, 2025          Cash Flows from Operating Activities:       Net Loss $(4,338,495) $(2,850,167) Adjustments to reconcile net loss to net cash used in operating activities:         Depreciation and amortization  165,202   179,149  Amortization of loan discounts and origination fees  -   72,501  Common stock issued to non-employee  3,115   -  Stock based compensation - employees  340,848   78,355  Change in fair value of contingent consideration  (18,350)  93,000  Non-cash commitment fee expenses  -   125,000  Change in fair value of  derivative liability  27,500   -  Non-cash marketing and advertising  593,429   -  Interest expense on deferred consideration  -   -  Loss from equity method investment  2,229   872  Changes in operating assets and liabilities         Accounts receivable  (28,965)  17,732  Receivable from related parties  -   5,465  Pre-paid expenses  14,024   (3,810) Other current assets  224,908   (7,160) Accounts payable  245,317   184,803  Payable to related parties  (32)  93  Accrued expenses  (387,081)  (187,813) Deferred liabilities  65,208   -  Deferred revenue  (32,609)  24,877  Total adjustments  1,214,743   583,064  Net cash used in operating activities  (3,123,752)  (2,267,103)           Cash Flows from Investing Activities:         Additions to property and equipment  (47,334)  (13,665) Cash paid for acquisitions, net  -   349,529  Cash used for additions to capitalized software  (16,476)  (91,310) Net cash (used in) provided by  investing activities  (63,810)  244,554            Cash Flows from Financing Activities:         Proceeds from issuance of debt- related parties  -   155,481  Proceeds from issuance of common stock  131,341   231,235  Payments of debt  (54,083)  (283,711) Equity issuance expenses  (5,191)  -  Net cash provided by financing activities  72,067   103,005            Net decrease in cash  (3,115,495)  (1,919,544)           Effect of exchange rate changes on cash  (422)  -            Cash - Beginning of Period  7,783,529   3,123,944            Cash - End of Period $4,667,612  $1,204,400            Supplemental disclosure of cash flow information         Interest expense $(6,659)  -            Non-cash Investing and Financing Activities:         Series A Convertible Preferred Stock issuance - MMC  -   5,000,000  Series A Convertible Preferred Stock issuance - GTG Financial  -   284,992  Deferred cash payments - GTG Financial  -   1,344,750  Deferred issuance of common stock - GTG Financial  -   1,287,000  Deferred issuance of common stock - Prevu  617,495   -  Non-GAAP Financial Measures To supplement our financial information presented in accordance with U.S. GAAP, we believe “Adjusted EBITDA,” a “non-U.S. GAAP financial measure,” as such term is defined under the rules of the SEC, is useful in evaluating our operating performance. We use Adjusted EBITDA to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that this non-U.S. GAAP financial measure may be helpful to investors because it provides consistency and comparability with past financial performance. However, this non-U.S. GAAP financial measure is presented for supplemental informational purposes only, have limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with U.S. GAAP. In addition, other companies, including companies in our industry, may calculate a similarly titled non-U.S. GAAP measure differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of this non-U.S. GAAP financial measure as a tool for comparison. A reconciliation is provided below for our non-U.S. GAAP financial measure to the most directly comparable financial measure stated in accordance with U.S. GAAP. Investors are encouraged to review the related U.S. GAAP financial measure and the reconciliation of this non-U.S. GAAP financial measure to its most directly comparable U.S. GAAP financial measure, and not to rely on any single financial measure to evaluate our business. We use Adjusted EBITDA, a non-U.S. GAAP financial measure, to evaluate our operating performance and facilitate comparisons across periods and with peer companies. We reconcile our Adjusted EBITDA to our net income (loss) adjusted to exclude interest expense, depreciation and amortization, share-based compensation, and other non-cash, non-operating, or non-recurring items that we believe are not indicative of our core business operations. We believe this measure provides useful insight into our ongoing performance; however, it should not be considered a substitute for, or superior to, net income or other financial information prepared in accordance with U.S. GAAP. The following table provides a reconciliation of net income to Adjusted EBITDA for the periods presented below:   For the Three Months Ended March 31,    2026  2025  Net loss $(4,338,495) $(2,850,167) preAdjusted to exclude the following         Depreciation and amortization  165,202   179,149  Amortization of loan discounts and origination fee  -   121,251  Changes in fair value of contingent consideration (1)  (18,350)  93,000  Change in fair value of derivative liability (2)  27,500   -  Interest expense  24,680   205,063  GEM commitment fee  -   125,000  Stock based compensation (3)  343,963   78,355  Acquisition-related expenses  -   87,352  Adjusted EBITDA $(3,795,500) $(1,960,997) (1) Represents non-cash changes in the fair value of contingent consideration payable to reAlpha Mortgage which is calculated based on revenue and EBITDA targets.    (2)Represents non-cash changes in the fair value of derivative liability recorded in connection with our media-for-equity transaction with MMC.    (3)Represents non-cash stock-based compensation expenses recognized during the period.
GlobeNewswire·4d ago
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reAlpha (NASDAQ: AIRE) Reports Fourth Quarter and Full Year 2025 Results; Record Full-Year Revenue of $4.5 Million, Up 376% Year Over Year
Delivering Revenue Growth and Increased Transaction Volume While Strengthening the Balance Sheet and Advancing Platform Integration DUBLIN, Ohio, March 12, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced financial results for the quarter and full year ended December 31, 2025. Full Year Financial Highlights (All figures are approximate and compared to FY 2024 unless otherwise stated) Revenue increased 376% to $4.5 million, compared to $0.9 million in FY 2024. The increase was driven primarily by increased revenue from mortgage brokerage transactions from reAlpha Mortgage, subscription fees from AiChat’s AI conversational technologies, and revenues generated from Prevu’s real estate services following its acquisition in November 2025. Gross profit increased to $2.5 million, compared to $0.6 million in FY 2024. Gross profit margin decreased from 68% to 54%, a decrease of 14 percentage points, primarily reflecting revenue mix and operating costs associated with scaling brokerage and mortgage services. Cash and cash equivalents increased 149% to $7.8 million as of December 31, 2025, compared to $3.1 million as of December 31, 2024. Adjusted EBITDA was $(13.7) million, reflecting strategic investments across the organization to support platform scaling and long-term growth. Key drivers included the expansion of the Company's leadership team and workforce to support multi-state operations; increased marketing and brand investment, including the utilization of the Mercurius Media marketing credits for branding and promotional campaigns; professional, legal, and integration costs associated with acquisition and capital markets activity; continued investment in AI capabilities, enterprise technology tools, and platform infrastructure; the buildout of mortgage operations leadership and real estate advisory resources; and the impact of operating expenses from businesses acquired during the year. Total Transaction Volume increased 203% to $116.1 million, compared to $38.7 million in FY 2024. Total Transaction Volume reflects the aggregate dollar value of transactions generated across brokerage, mortgage, and title services during the trailing twelve month period. During FY 2025, the Company strengthened its capital structure, generating $17.3 million in proceeds from the exercise of warrants. If exercised, the remainder of the warrants would generate an additional $4.6 million. “2025 was a year of strong growth and balance sheet progress,” said Thomas Kutzman, Chief Financial Officer of reAlpha. “Revenue increased 376% year over year to $4.5 million as we expanded our homebuying platform. During 2025, we raised approximately $25.5 million in gross proceeds through equity-linked financing activities to support operations and execute our strategy. We ended the year with $7.8 million in cash and no remaining balance on the Streeterville note, which materially improved our financial flexibility. As we move into 2026, our focus is on growth, greater geographic alignment of our homebuyer services, and building operating leverage as we scale.” Fourth Quarter Financial Highlights (All figures are approximate and compared to Q4 2024 unless otherwise stated; quarterly figures are unaudited) Revenue increased 70% year over year to $0.9 million, compared to $0.5 million in the Q4 2024, driven primarily by increased revenue from mortgage brokerage transactions, subscription fees from AiChat’s AI conversational technologies, and revenues generated from Prevu’s realty services following its acquisition. Gross profit increased to $0.6 million, up from $0.4 million in Q4 2024. Gross margin decreased from 69% to 63%, a decrease of 6 percentage points, primarily reflecting a higher contribution from real estate and mortgage operations, which carry lower gross margins due to higher direct cost of services compared to AiChat's AI conversational technology services. Cash and cash equivalents ended the quarter at approximately $7.8 million, compared to $3.1 million in Q4 2024, reflecting strengthened liquidity following capital raises and warrant exercises during FY 2025. Adjusted EBITDA was $(3.8) million, compared to $(2.0) million in Q4 2024, primarily reflecting the absorption of operating expenses from businesses acquired during the year, use of Mercurius Media marketing credits, continued investment in leadership and workforce expansion, and increased technology spend to support platform growth. Net loss was $(4.8) million, compared to $(21.0) million in Q4 2024. Business Highlights Acquired Prevu and signed a definitive agreement to acquire InstaMortgage to deepen vertical integration. Prevu expanded brokerage operations across 12 states plus Washington, D.C.; the proposed InstaMortgage transaction, if consummated, is intended to add direct mortgage lending capabilities and further reduce friction across the homebuying journey. Expanded licensed footprint across 35 states and Washington, D.C., strengthening the Company’s ability to capture multiple revenue streams within a single homebuying transaction. reAlpha holds real estate brokerage licenses in 13 states and Washington, D.C., mortgage brokerage licenses in 31 states, and title agency licenses in 3 states. While full three-service integration is currently active in Florida and Virginia, the broader licensed footprint creates a foundation to systematically expand platform adoption and increase revenue capture per transaction over time. Advanced reAlpha’s AI-enabled homebuying experience with Claire and proprietary AI infrastructure. Claire is the Company’s customer-facing digital homebuying assistant, complemented by licensed professionals; internal assistants including the AI Loan Officer Assistant and AI Engagement Agent are designed to automate portions of intake, scheduling, document workflows, and borrower communication to improve execution speed and reduce manual effort. Strengthened the balance sheet by raising capital through equity offerings, warrant exercises and at-the-market offering sales, and eliminating secured parent-level debt. During fiscal 2025, the Company raised approximately $25.5 million in gross proceeds through these transactions and repaid the secured promissory note issued to Streeterville. As a result, secured parent-level debt was eliminated and financial flexibility improved. Unified mortgage operations under the reAlpha Mortgage brand and aligned CRM systems across brokerage and mortgage operations. During 2025, the Company unified mortgage operations under a single brand and worked to align customer communication and workflow management across brokerage and mortgage functions to support a more coordinated end-to-end platform experience. Simplified the customer rebate program in mid-January 2026 to improve clarity and transparency. Under the current commission rebate structure, eligible homebuyers can receive a rebate of up to 1.0% of the home purchase price when using realty services and an additional rebate of up to 0.5% when bundling mortgage brokering services with realty services, subject to terms and conditions. The rebate is paid as a credit toward closing costs and reflected on the settlement statement at closing. “I’m proud of how our team executed in 2025. We did not just grow revenue, we expanded the platform, integrated brokerage and mortgage more tightly, and strengthened the operating foundation of the business,” said Mike Logozzo, Chief Executive Officer of reAlpha. “reAlpha offers the full homebuying transaction across real estate, mortgage, and title. That alignment creates multiple revenue streams per customer and a structurally lower cost model in markets where we offer a rebate. We believe we are uniquely positioned to deliver a better service experience while helping buyers keep more of their money at closing. In a multi-trillion dollar residential real estate market that we believe is still largely fragmented, we see a clear opportunity to deliver a more coordinated homebuying experience and return meaningful savings to the buyer.” Fiscal Year 2025 Earnings Conference Call reAlpha will host a live X Spaces event to discuss its fourth quarter and full year 2025 financial results and outlook on Friday, March 13, 2026 at 12:00 p.m. ET. Members of the Company’s executive leadership team will provide prepared remarks and respond to questions regarding the Company’s performance, strategic initiatives and growth outlook. The live audio event will be open to the public and accessible at https://x.com/i/spaces/1AKEmOvraZlKL via the Company’s official X account. Participants are encouraged to join the event a few minutes prior to the scheduled start time. A replay of the discussion will be available following the conclusion of the event. Additional materials, if any, will be posted in the “Events” section of the Company’s Investor Relations website at ir.realpha.com. About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Forward-Looking Statements The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Executive Officer, Mike Logozzo, and reAlpha’s Chief Financial Officer, Thomas Kutzman, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; the health of the U.S. residential real estate industry and changes in general economic conditions; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s ability to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and maintain compliance with all Nasdaq listing rules; reAlpha’s ability to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2); reAlpha's ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to successfully enter new geographic markets and to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings or any legal proceedings that may be instituted against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; the inability to maintain and strengthen reAlpha’s brand and reputation; reAlpha’s ability to enhance its operational efficiency, improve cross-functional coordination and support the reAlpha platform’s continued growth through the implementation of new internal processes and initiatives, including upgrades thereto; reAlpha’s ability to continue attracting loan officers and maintain its relationship with its REALTOR® affiliate to expand its operations nationally; any accidents or incidents involving cybersecurity breaches and incidents; the availability of rebates, which may be limited or restricted by state law; risks specific to AI-based technologies, including potential inaccuracies, bias, or regulatory restrictions; risks related to data privacy, including evolving laws and consumer expectations; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; reAlpha’s ability to obtain additional financing or access the capital markets on acceptable terms and conditions in the future; changes in applicable laws or regulations, including with respect to the real estate market, AI and AI technologies, and the impact of the regulatory environment and complexities with compliance related to such environment; reAlpha’s ability to effectively compete in the real estate and AI industries; and other risks and uncertainties indicated in reAlpha’s filings with the U.S. Securities and Exchange Commission (the “SEC”). Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@reAlpha.com reAlpha Tech Corp. and Subsidiaries Consolidated Balance Sheet For the Years Ended December 31, 2025 and 2024                December 31, 2025 December 31, 2024  ASSETS         Current Assets        Cash $7,783,529 3,123,530  Accounts receivable, net  68,148 182,425  Receivable from related parties  - 12,873  Prepaid expenses  961,411 180,158  Current assets of discontinued operations  - 56,931  Other current assets  362,293 487,181  Escrow deposit  600,000 -  Total current assets $9,775,381 4,043,098          Property and Equipment, at cost       Property and equipment, net $64,626 102,638          Other Assets       Investments  111,646 215,000  Other long-term assets  - 31,250  Intangible assets, net  4,306,553 3,285,406  Goodwill  7,459,125 4,211,166  Capitalized software development - work in progress  - 105,900  TOTAL ASSETS $21,717,331 11,994,458          LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT)               Current Liabilities       Accounts payable $306,216 655,765  Related party payables  5,654 9,287  Short term loans - related parties - current portion  86,585 261,986  Short term loans - unrelated parties - current portion  209,601 519,153  Accrued expenses  660,577 1,164,813  Deferred liabilities - current portion  1,960,850 1,255,525  Deferred revenue  396,227 278,908  Total current liabilities $3,625,710 4,145,437          Long-Term Liabilities       Preferred stock embedded derivative liability  4,574,980 -  Other long-term loans - related parties - net of current portion  - 45,052  Other long-term loans - unrelated parties - net of current portion  88,411 241,121  Note payable, net of discount  - 4,909,376  Deferred consideration - net of current portion  561,740 -  Contingent consideration  344,877 1,086,000  Total liabilities $9,195,718 10,426,986          Mezzanine Equity       Redeemable Series A Convertible Preferred Stock, $0.001 par value; 5,000,000 shares authorized, of which 1,000,000 shares are designated as Series A Convertible Preferred Stock; 250,000 and 0 shares issued and outstanding as of December 31, 2025 and 2024, respectively.  1,020,377 -  Stockholders’ Equity (Deficit)       Common stock ($0.001 par value; 200,000,000 shares authorized, 131,740,675 shares outstanding as of December 31, 2025; 200,000,000 shares authorized, 45,864,503 shares outstanding as of December 31, 2024)  131,741 45,865  Additional paid-in capital  67,466,893 39,770,060  Accumulated deficit  (55,980,534)(38,260,913) Accumulated other comprehensive (loss) income  (127,889)5,011  Total stockholders’ equity of reAlpha Tech Corp.  11,490,211 1,560,023          Non-controlling interests in consolidated entities  11,025 7,449  Total stockholders’ equity  11,501,236 1,567,472          TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS’ EQUITY $21,717,331 11,994,458  reAlpha Tech Corp. and Subsidiaries Consolidated Statements of Operations and Comprehensive (Loss) Income For the Years Ended December 31, 2025 and 2024        For the Year Ended    December 31, 2025  December 31, 2024          Revenues $4,518,498  $948,420  Cost of revenues  2,067,060   302,084  Gross Profit  2,451,438   646,336            Operating Expense         Wages, benefits and payroll taxes  6,506,553   2,841,591  Marketing and advertising  5,946,514   793,004  Professional and legal fees  3,273,947   2,124,946  Depreciation and amortization  543,170   282,095  Impairment of capitalized software  220,016   202,968  Other operating expense  1,968,196   1,304,346  Total operating expense  18,458,396   7,548,950            Operating Loss  (16,006,958)  (6,902,614)           Other Expense (income)         Changes in fair value of contingent consideration  (604,123)  -  Interest expense, net  814,727   333,759  Change in fair value of preferred stock embedded derivative liability  456,325   -  Loss on debt extinguishment  438,834   -  Amortization of commitment fee  406,250   500,000  Other expense, net  71,421   601  Total other expense  1,583,434   834,360            Net Loss from continuing operations before income taxes  (17,590,392)  (7,736,974) Income tax (expense) benefit  -   54,260            Net Loss from continuing operations  (17,590,392)  (7,682,714)           Discontinued operations (Roost and Rhove)         Loss from operations of discontinued operations  -   (261,242) Impairment of goodwill and intangible assets of discontinued operations  -   (18,078,393) Loss on discontinued operations $-  $(18,339,635)           Net Loss $(17,590,392) $(26,022,349)           Less: Net Income Attributable to Non-Controlling Interests  3,576   679            Net Loss Attributable to Controlling Interests $(17,593,968) $(26,023,028)           Preferred stock dividends  122,877   -  Net Loss Attributable to Common Stockholders $(17,716,854) $(26,023,028) Other comprehensive (loss) income         Foreign currency translation adjustments  (132,900)  5,011  Total other comprehensive (loss) income  (132,900)  5,011            Comprehensive Loss Attributable to Controlling Interests $(17,849,745) $(26,018,017)           Basic loss per share         Continuing operations $(0.23) $(0.17) Discontinued operations $-  $(0.41) Net Loss per share — basic $(0.23) $(0.58)           Diluted loss per share         Continuing operations $(0.23) $(0.17) Discontinued operations $-  $(0.41) Net loss per share — diluted $(0.23) $(0.58)           Weighted-average outstanding shares — basic  76,316,926   44,631,577            Weighted-average outstanding shares — diluted  76,316,926   44,631,577  reAlpha Tech Corp. and Subsidiaries Consolidated Statements of Cash Flows For the Years Ended December 31, 2025 and 2024                   For the Year Ended    December 31, 2025  December 31, 2024  Cash Flows from Operating Activities:       Net loss $(17,590,392) $(26,022,349) Adjustments to reconcile net loss to net cash used in operating activities:         Depreciation and amortization  543,170   466,691  Impairment of capitalized software  220,016   145,746  Impairment of goodwill and intangible assets  -   18,280,947  Amortization of loan discounts  545,624   181,875  Common stock issued to non - employee  2,526   -  Stock-based compensation - employees  859,950   207,453  Stock-based compensation - services  -   108,730  Change in fair value of contingent consideration  (604,123)  -  Loss on extinguishment of debt  438,834   -  Change in fair value of preferred stock embedded derivative liability  456,325   -  Non-cash commitment fee expenses  406,250   500,000  Non-cash marketing and advertising  4,406,571   -  Non-cash compensation expense - GTG Financial  106,000   -  Gain on previously held equity  -   (20,663) Loss (gain) on deconsolidation  (94,071)  -  Loss (gain) on sale of fixed assets  52,858   301  Impairment of equity investments - measurement alternative  90,000   -  Loss from equity method investment  13,354   -  Interest accretion on deferred consideration - Prevu  20,404   -  Changes in operating assets and liabilities         Accounts receivable  114,277   (16,437) Receivable from related parties  12,873   (12,873) Prepaid expenses  (187,824)  (56,241) Other current assets  (292,258)  62,637  Accounts payable  (491,751)  (19,773) Payable to related parties  (3,633)  58,756  Accrued expenses  (404,876)  (185,118) Deferred revenue  117,319   278,080  Total adjustments  6,327,815   19,980,111  Net cash used in operating activities  (11,262,577)  (6,042,238)           Cash Flows from Investing Activities:         Additions to property and equipment  (42,896)  (12,533) Proceeds from sale of properties  -   293,307  Cash paid for acquisitions, net of cash acquired  (1,023,053)  (1,268,630) Cash deposited into escrow in connection with acquisitions  (500,000)  -  Cash paid for equity method investment  -   (50,000) Cash used for additions to capitalized software  (176,143)  (516,544) Net cash used in investing activities  (1,742,092)  (1,554,400)           Cash Flows from Financing Activities:         Proceeds from issuance of debt  155,481   6,155,539  Prepayment penalty  (368,769)  -  Proceeds from issuance of common stock  25,566,385   -  Payments of debt  (5,623,196)  (1,164,241) Contingent consideration paid-reAlpha Nepal  (137,000)  -  Payment of commitment fee  (1,000,000)  -  Deferred financing cost  -   (727,500) Equity issuance expenses  (941,742)  -  Net cash provided by financing activities  17,651,159   4,263,798            Net increase in cash  4,646,490   (3,332,840)           Effect of exchange rate changes on cash  13,509   -            Cash - Beginning of Period  3,123,530   6,456,370            Cash - End of Period $7,783,529  $3,123,530            Supplemental disclosure of cash flow information         Interest expense $(468,726) $(58,897)           Noncash Investing and Financing Activities:         Preferred stock issuance - MMC transaction  5,000,000   -  Non-cash conversion of debt to equity - Streeterville Capital, LLC  740,064   -  Issuance of common stock - Prevu  1,350,000   -  Issuance of common stock - AiChat  180,525   -  Issuance of warrants to placement agents in connection with equity offerings  299,768   -  Deferred consideration - Prevu  2,327,187   -            Non-U.S. GAAP Financial Measures To supplement our financial information presented in accordance with U.S. GAAP, we believe “Adjusted EBITDA,” a “non-U.S. GAAP financial measure,” as such term is defined under the rules of the SEC, is useful in evaluating our operating performance. We use Adjusted EBITDA to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that this non-U.S. GAAP financial measure may be helpful to investors because it provides consistency and comparability with past financial performance. However, this non-U.S. GAAP financial measure is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with U.S. GAAP. In addition, other companies, including companies in our industry, may calculate a similarly titled non-U.S. GAAP measure differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of this non-U.S. GAAP financial measure as a tool for comparison. A reconciliation is provided below for our non-U.S. GAAP financial measure to the most directly comparable financial measure stated in accordance with U.S. GAAP. Investors are encouraged to review the related U.S. GAAP financial measure and the reconciliation of this non-U.S. GAAP financial measure to its most directly comparable U.S. GAAP financial measure, and not to rely on any single financial measure to evaluate our business. We use Adjusted EBITDA, a non-U.S. GAAP financial measure, to evaluate our operating performance and facilitate comparisons across periods and with peer companies. We reconcile our Adjusted EBITDA to our net income (loss) adjusted to exclude interest expense, depreciation and amortization, changes in fair value of contingent consideration and preferred stock, share-based compensation, and other non-cash, non-operating, or non-recurring items that we believe are not indicative of our core business operations. We believe this measure provides useful insight into our ongoing performance; however, it should not be considered a substitute for, or superior to, net income or other financial information prepared in accordance with U.S. GAAP. The following table provides a reconciliation of net income to Adjusted EBITDA for the periods presented below:  Year ended December 31,   2025  2024  Net loss$(17,590,392)$(26,022,349) Adjusted to exclude the following   Depreciation and amortization 543,170  282,095  Amortization of loan discounts and origination fee (1) 545,624  181,875  Loss from Discontinued Operations -  18,339,635  Income tax benefit -  (54,260) Impairment of intangible assets 220,016  -  Changes in fair value of contingent consideration (2) (604,123) -  Change in fair value of preferred stock embedded derivative liability(3) 456,325  -  Loss on extinguishment of debt 438,834  -  Loss (gain) on deconsolidation (4) (94,071) -  Loss (gain) on equity method investments 103,354  (20,663) Interest expense 394,434  333,759  Non-cash commitment fee expenses (5) 406,250  500,000  Stock based compensation (6) 862,476  316,183  Equity offering costs (7) 490,868  -  Acquisition-related expenses 137,771  517,251  Adjusted EBITDA$(13,689,464)$(5,626,474)  (1)Represents amortization of all debt issuance costs and original issue discount due to the repayment of the Note (as defined below) issued to Streeterville Capital, LLC (“Streeterville”).  (2)Represents remeasurement gains or losses related to the contingent consideration of reAlpha Mortgage.  (3)Represents non-cash remeasurement gains or losses related to the shares of Series A Preferred Stock issued in the MMC transaction.  (4)Represents a gain recognized upon the rescission of the GTG Financial acquisition.  (5)Represents the commitment fee of $1,000,000 incurred in connection with the GEM equity facility, which has been amortized over a period of 24 months, beginning on October 23, 2023.  (6)Represents non-cash stock-based compensation expense associated with shares of common stock issued to consultants ($2,526), shares of common stock issued to employees ($102,880), and restricted stock units (RSUs) granted to executive officers and other eligible employees ($757,071).  (7)Represents legal and professional fees incurred in connection with the issuance of shares of common stock and warrants from our equity offerings and other capital raise transactions.
GlobeNewswire·2mo ago
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reAlpha Tech Corp. Appoints Thomas Kutzman as Chief Financial Officer to Support Growth Strategy
Veteran Finance Executive and Prevu Co-Founder Brings Over a Decade of Capital Markets Experience and Real Estate Technology Expertise DUBLIN, Ohio, Feb. 27, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the "Company" or "reAlpha"), an AI-powered real estate technology company, today announced the appointment of Thomas Kutzman as Chief Financial Officer, effective February 25, 2026. Mr. Kutzman succeeds Piyush Phadke and will oversee the Company's financial operations, capital strategy, and key corporate functions such as human resources and legal, reporting directly to Chief Executive Officer Mike Logozzo. Kutzman brings more than 12 years of financial markets experience to the role. Prior to co-founding Prevu, he held investment and trading roles at SAC Capital, JPMorgan, Citi, and Jabre Capital Partners, focused on public equities and derivatives across U.S. and European markets, with experience spanning portfolio management, risk assessment, and capital allocation. He earned a Bachelor of Science in Finance and Accounting from the Leonard N. Stern School of Business at New York University. In 2015, Kutzman co-founded Prevu, a digital-first homebuying platform that operated across 12 states and Washington, D.C. Under his leadership, Prevu was named to the 2022 Inc. 5000 list of the fastest-growing private companies in America. As co-founder, he oversaw finance, accounting, and go-to-market functions, building the operational infrastructure that enabled the company's growth. Following reAlpha's acquisition of Prevu in November 2025, Kutzman served as CEO of reAlpha Realty, where he led initial integration planning across real estate, mortgage, marketing, legal, human resources, and finance. His appointment as CFO reflects the Company's confidence in his ability to apply both operational discipline and capital markets expertise to drive long-term shareholder value. "Thomas brings a rare combination of institutional finance experience and firsthand knowledge of what it takes to build and scale a real estate technology company," said Mike Logozzo, Chief Executive Officer of reAlpha. "He understands our business from the inside and pairs that operational knowledge with the capital markets expertise to help us fund and execute our strategy. I'm excited to partner with him as we pursue the significant opportunity ahead." "This is an exciting time to step into the CFO role. The intersection of real estate and technology is being fundamentally reshaped by AI, and we're in a secular trend that will define the next decade of innovation in our industry,” noted Kutzman. “I'm grateful to Mike and the board for their trust and confidence as we work together to advance our consumer-focused mission and drive sustainable shareholder value creation." For more information about Kutzman's appointment and related compensation arrangement, please refer to the Current Report on Form 8-K to be filed with the Securities and Exchange Commission ("SEC"). About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Forward-Looking Statements The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Executive Officer, Mike Logozzo, and reAlpha’s Chief Financial Officer, Thomas Kutzman, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of existing legal proceedings against reAlpha and any legal proceedings that may be instituted against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to maintain and strengthen its brand and reputation; reAlpha’s ability to improve data accuracy and boost engagement of its brand through its redesigned website and the integration of CRM platform across real estate and mortgage operations; reAlpha’s ability to enhance its operational efficiency, improve cross-functional coordination and support the reAlpha platform’s continued growth through the implementation of its new internal organizational structure; reAlpha’s ability to continue attracting loan officers and maintain its relationship with its REALTOR® affiliate to expand its operations nationally; any accidents or incidents involving cybersecurity breaches and incidents; the availability of rebates, which may be limited or restricted by state law; risks specific to AI-based technologies, including potential inaccuracies, bias, or regulatory restrictions; risks related to data privacy, including evolving laws and consumer expectations; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; reAlpha’s ability to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@realpha.com
GlobeNewswire·2mo ago
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reAlpha (NASDAQ: AIRE) Leadership to Join H.C. Wainwright “HCW @ Home” Virtual Fireside Chat
Live, analyst-hosted discussion focused on reAlpha’s 2026 growth strategy and business priorities DUBLIN, Ohio, Feb. 09, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced its participation in a fireside chat with H.C. Wainwright titled: “HCW @ Home.” The live, online session scheduled for Thursday, February 12, 2026 at 11:00 A.M. ET will feature Mike Logozzo, Chief Executive Officer, and Piyush Phadke, Chief Financial Officer. H.C. Wainwright’s Scott Buck, Managing Director - Equity Research, Technology, will host the fireside chat, during which reAlpha’s management will discuss the Company’s business strategy and priorities for 2026, including the role of AI and M&A in scaling the Company’s integrated homebuying platform. “We believe that real estate is moving toward more integrated, technology-led platforms, and this discussion allows us to share how reAlpha is approaching that shift,” said Mike Logozzo, Chief Executive Officer of reAlpha. “We’ll be talking about the strategic choices shaping our platform and how AI fits into that broader vision as we look ahead to 2026.” “As reAlpha expands its platform through both organic development and acquisitions, the real work is in how those pieces are integrated and governed,” said Piyush Phadke, Chief Financial Officer of reAlpha. “The discussion provides an opportunity to talk about how we think through capital deployment, integration sequencing, and trade-offs as the platform becomes more comprehensive.” Fireside Chat Information Title: HCW @ Home with reAlpha Tech Corp. (AIRE) Participants: Mike Logozzo (CEO) and Piyush Phadke (CFO) Host: Scott Buck, Managing Director - Equity Research, Technology, H.C. Wainwright Format: Virtual fireside chat (live webcast) Date: Thursday, February 12, 2026 Time: 11 A.M. ET Registration link: https://journey.ct.events/view/29f3f6c1-a194-4d8a-a0b5-514db262252a Replay: Following the session, a replay will be available on ir.realpha.com for at least 90 days after the call is held. About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Disclosure Information reAlpha periodically provides other information for investors on its investor relations website, ir.realpha.com, X account (x.com/reAlpha) and LinkedIn account (linkedin.com/company/realpha-homes), and through various social media channels, including Giri Devanur’s, reAlpha’s Executive Chairman, X account (x.com/giridevanur) and LinkedIn account (linkedin.com/in/giridevanur); Mike Logozzo’s LinkedIn account (linkedin.com/in/mike-logozzo) and X account (x.com/mike_logozzo); and Piyush Phadke’s, reAlpha’s Chief Financial Officer, X account (x.com/piyush_phadke) and LinkedIn account (linkedin.com/in/piyush-phadke-2055a5) as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Investors are encouraged to monitor all of these accounts, in addition to reAlpha’s press releases, SEC filings and public conference calls and webcasts, for updates, announcements, and relevant Company information. Forward-Looking Statements The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Executive Officer, Mike Logozzo, and reAlpha’s Chief Financial Officer, Piyush Phadke, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@realpha.com
GlobeNewswire·3mo ago
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reAlpha (NASDAQ: AIRE) Launches Homebuying Hub to Coordinate the Buy-Side Transaction Journey
New experience organizes buyer activity across search, financing, and closing to improve clarity and execution throughout the home purchase process DUBLIN, Ohio, Feb. 05, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, today announced the launch of the reAlpha Homebuying Hub, a live buyer-facing experience designed to coordinate the steps of the homebuying process from search through closing. The Homebuying Hub brings together key transaction activities into a single, connected flow, improving transparency around progress, responsibilities, and next steps as buyers move through the journey. We believe the homebuying process has become increasingly difficult to navigate as transactions involve more parties, tools, and timelines than in the past. Fragmentation across listings, agents, lenders, documents, and closing requirements often creates confusion, delays, and execution risk, even for motivated buyers. The Homebuying Hub is designed to reduce this fragmentation by organizing buyer activity into a structured execution layer that keeps decisions, tasks, and handoffs connected throughout the transaction. The Homebuying Hub supports the homebuying journey across major stages, including home search and saved listings, tour scheduling, digital buyer agreement execution, mortgage engagement facilitated through licensed loan officers, offer preparation with agent review, and closing-related task coordination. The estimated commission rebate associated with bundle serviced usage (where permitted by law and subject to transaction terms) remains visible throughout the process, helping buyers incorporate potential savings into their decision-making. “Most homebuyers are juggling emails, texts, spreadsheets, and deadlines just to keep a deal moving,” said Mike Logozzo, Chief Executive Officer of reAlpha. “The Homebuying Hub pulls those pieces together so buyers can see the whole process in one place, understand what’s happening, and move forward with confidence, while maintaining access to their team of licensed experts who guide them through the biggest decisions.” “The Homebuying Hub connects services, data, and AI into a coordinated experience that reflects how transactions actually progress,” said Vijay Rathna, Chief Technology Officer of reAlpha. ”By embedding guidance within the flow of execution, we are reducing uncertainty and improving continuity across the process.” With the Homebuying Hub now live, reAlpha is giving buyers a clearer way to move from interest to ownership by bringing structure, transparency, and guidance to a process that reAlpha believes too often feels confusing and disjointed. The launch advances reAlpha’s platform strategy by bringing brokerage, mortgage, and title services within a single AI-driven buyer experience that supports a simpler, smarter, and more affordable path to homeownership. About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Forward-Looking Statements The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Executive Officer, Mike Logozzo, and reAlpha’s Chief Technology Officer, Vijay Rathna, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; the inability to maintain and strengthen reAlpha’s brand and reputation; reAlpha’s ability to improve data accuracy and boost engagement of its brand through its redesigned website and the integration of CRM platform across real estate and mortgage operations; reAlpha’s ability to enhance its operational efficiency, improve cross-functional coordination and support the reAlpha platform’s continued growth through the implementation of its new internal organizational structure; reAlpha’s ability to continue attracting loan officers and maintain its relationship with its REALTOR® affiliate to expand its operations nationally; any accidents or incidents involving cybersecurity breaches and incidents; the availability of rebates, which may be limited or restricted by state law; risks specific to AI-based technologies, including potential inaccuracies, bias, or regulatory restrictions; risks related to data privacy, including evolving laws and consumer expectations; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@realpha.com
GlobeNewswire·3mo ago
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reAlpha (NASDAQ: AIRE) Expands Market Coverage Ahead of the Spring Homebuying Season
Operational rollout marks first completed post-acquisition integration milestone ahead of the spring homebuying season DUBLIN, Ohio, Jan. 27, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, expanded multi-state market coverage through Prevu Inc. (“Prevu”), its recently acquired technology-enabled real estate brokerage. The expansion increases reAlpha’s brokerage presence to 13 active states and Washington, D.C. and represents the Company’s first completed integration milestone related to the Prevu acquisition. The expanded brokerage footprint is now live and operational, providing buyer representation services in several high-demand housing markets, including California, New York, and Washington, among others. The integration expands reAlpha’s ability to deliver both real estate brokerage and mortgage brokerage services from 3 to 8 states, enabling eligible homebuyers to receive commission rebates of up to approximately 1.5%, where permitted by law. In 2025, homebuyers purchasing through reAlpha Realty, LLC, Prevu Real Estate LLC, or Prevu Real Estate, Inc. received a median commission rebate of $10,450. Through Prevu, eligible homebuyers within reAlpha’s network have access to experienced local agent representation aligned with the Company’s buyer-focused service standards, as well as the potential to reduce overall homebuying costs through commission rebate offerings. “This expansion represents an important first integration milestone following the acquisition of Prevu,” said Thomas Kutzman, Chief Executive Officer of reAlpha Realty. “By extending our market coverage, we’re increasing access to trusted local expertise while establishing the foundation needed to support deeper service and technology integrations over time. Our focus is on delivering a consistent, buyer-first experience that helps make homebuying more affordable and easier to navigate.” Prevu will provide local brokerage services in the additional markets, supported by reAlpha’s centralized marketing, operational, and compliance framework, which is designed to ensure consistent service quality while preserving local market expertise. About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Forward-Looking Statements The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by reAlpha’s Chief Executive Officer, Mike Logozzo, reAlpha Realty’s Chief Executive Officer, Thomas Kutzman and statements related to the anticipated benefits to the Company of Mr. Kutzman stepping into the role of Chief Executive Officer of reAlpha Realty, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; the inability to maintain and strengthen reAlpha’s brand and reputation; reAlpha’s ability to improve data accuracy and boost engagement of its brand through its redesigned website and the integration of CRM platform across real estate and mortgage operations; reAlpha’s ability to enhance its operational efficiency, improve cross-functional coordination and support the reAlpha platform’s continued growth through the implementation of its new internal organizational structure; reAlpha’s ability to continue attracting loan officers and maintain its relationship with its REALTOR® affiliate to expand its operations nationally; any accidents or incidents involving cybersecurity breaches and incidents; the availability of rebates, which may be limited or restricted by state law; risks specific to AI-based technologies, including potential inaccuracies, bias, or regulatory restrictions; risks related to data privacy, including evolving laws and consumer expectations; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@realpha.com
GlobeNewswire·3mo ago
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reAlpha to Host Live X Spaces Fireside Chat on Real-World AI Applications in Mortgage and Real Estate
Live executive conversation on practical AI use in mortgage and real estate, focused on real-world application and thoughtful adoption DUBLIN, Ohio, Jan. 08, 2026 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced that it will host a live, audio-only X Spaces session titled “AIRE Time with Mike & Vijay” on Tuesday, January 13, 2026, at 12:00 P.M. ET. The session will feature a fireside chat between Mike Logozzo, Chief Executive Officer, and Vijay Rathna, Chief Technology Officer, focused on the practical use of AI in mortgage and real estate operations. The discussion will center on how AI is being deployed today, where it is delivering operational value, and where expectations around AI adoption may be exceeding current capabilities. “We’ve seen strong engagement from our community around how AI is being discussed across mortgage and real estate, and I value having an open forum to talk about it thoughtfully,” said Mike Logozzo, Chief Executive Officer of reAlpha. “This session is about sharing how we think about AI from a strategic and operational perspective, and creating space for an honest conversation around what is practical today and what still needs to mature.” “There’s a lot of curiosity around how AI fits into real systems and real workflows,” said Vijay Rathna, Chief Technology Officer of reAlpha. “I welcome the opportunity to talk through common challenges, design considerations, and lessons that are broadly relevant when teams look to apply AI in operational environments.” X Spaces Call Information Title: AIRE Time: In Conversation With Mike & Vijay Host: Mike Logozzo, CEO of reAlpha; Vijay Rathna, CTO of reAlpha Format: Live Audio Call via X Spaces Date: January 13, 2026 Time: 12:00 P.M. ET Access: Available at https://x.com/i/spaces/1jMKgRXdLwjxL Replay: Following the call, a replay will be available on ir.realpha.com for at least 12 months after the call is held. About reAlpha Tech Corp. reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated 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 simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com. Disclosure Information reAlpha periodically provides other information for investors on its investor relations website, ir.realpha.com, X account (x.com/reAlpha) and LinkedIn account (linkedin.com/company/realpha-homes), and through various social media channels, including Giri Devanur’s, reAlpha’s Executive Chairman, X account (x.com/giridevanur) and LinkedIn account (linkedin.com/in/giridevanur); Mike Logozzo’s LinkedIn account (linkedin.com/in/mike-logozzo) and X account (x.com/mike_logozzo); and Piyush Phadke’s, reAlpha’s Chief Financial Officer, X account (x.com/piyush_phadke) and LinkedIn account (linkedin.com/in/piyush-phadke-2055a5) as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Investors are encouraged to monitor all of these accounts, in addition to reAlpha’s press releases, SEC filings and public conference calls and webcasts, for updates, announcements, and relevant Company information. Media Contact: Cristol Rippe, Chief Marketing Officer media@realpha.com Investor Relations Contact: Adele Carey, VP of Investor Relations InvestorRelations@reAlpha.com
GlobeNewswire·4mo ago
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