The Real Brokerage
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Real Brokerage's past years’ income statements indicate that its last revenue has increased compared to the previous period by 81% to $689,158,000. Profit margin reached -4%. Total operating expenses were $88,883,000.

Profit Margin

The Real Brokerage Inc. (TSX:REAX.TO): Profit margin
2019 15.75M -2.83M -17.99%
2020 16.55M -4.45M -26.91%
2021 121.68M -11.76M -9.67%
2022 381.75M -21.01M -5.5%
2023 689.15M -27.50M -3.99%

REAX.TO Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
689.15M381.75M121.68M16.55M15.75M
Cost of revenue
626.28M349.80M110.58M14.40M13.78M
Gross profit
62.87M31.95M11.09M2.15M1.96M
Operating exp.
Research and development
7.35M4.86M3.97M223K234K
Selling and marketing
38.61M22.67M7.80M717K555K
Total operating expenses
88.88M51.11M22.11M4.8M3.63M
Operating income
-26.01M-19.16M-11.01M-2.64M-1.66M
Other income (expenses), net
-1.20M-1.16M-662K-975K-583K
Income before tax
-27.21M-20.33M-11.67M-3.62M-2.25M
Income tax expense
1K680K88K835K583K
Net income
-27.50M-21.01M-11.76M-4.45M-2.83M
Earnings per share
Basic EPS
-0.15-0.12-0.06-0.04-0.02
Diluted EPS
-0.15-0.12-0.06-0.04-0.02
Data sourceData sourceData sourceData source