How does RMSG's PB Ratio compare to its peers?

RMSG has negative equity and a Price-To-Book Ratio (-5.6x) compared to the peer average (1.2x).

How does RMSG's PB Ratio compare vs other companies in the US Real Estate Industry?

RMSG has negative equity and a Price-To-Book Ratio (-5.6x) compared to the US Real Estate industry average (1.2x).

What is RMSG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate RMSG's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of RMSG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate RMSG's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Real Messenger NasdaqCM:RMSG Stock Report

Last Price

US$1.97

Market Cap

US$20.6m

7D

13.2%

1Y

-82.8%

Updated

22 Dec, 2024

Data

Company Financials

Real Messenger Corporation

NasdaqCM:RMSG Stock Report

Market Cap: US$20.6m

RMSG Stock Overview

Operates a real estate technology platform. More details

RMSG fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Shareholders have been substantially diluted in the past year

Has less than 1 year of cash runway

Negative shareholders equity

+ 3 more risks

My Notes

Capture your thoughts, links and company narrative

Real Messenger Corporation Competitors

Sunrise Real Estate Group

OTCPK:SRRE

US$17.2m

HG Holdings

OTCPK:STLY

US$14.1m

La Rosa Holdings

NasdaqCM:LRHC

US$16.3m

Fathom Holdings

NasdaqCM:FTHM

US$35.1m

Price History & Performance

Summary of share price highs, lows and changes for Real Messenger
Historical stock prices
Current Share Price	US$1.97
52 Week High	US$55.28
52 Week Low	US$1.38
Beta	-0.27
1 Month Change	-36.25%
3 Month Change	n/a
1 Year Change	-82.76%
3 Year Change	-80.24%
5 Year Change	n/a
Change since IPO	-79.94%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	RMSG	US Real Estate	US Market
7D	13.2%	-5.5%	-2.4%
1Y	-82.8%	7.4%	23.4%

Return vs Industry: RMSG underperformed the US Real Estate industry which returned 7.4% over the past year.

Return vs Market: RMSG underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is RMSG's price volatile compared to industry and market?
RMSG volatility
RMSG Average Weekly Movement	n/a
Real Estate Industry Average Movement	7.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: RMSG's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine RMSG's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2022	19	Thomas Ma	real.co

Real Messenger Corporation operates a real estate technology platform. The company connects agents, buyers, sellers, and other industry participants within a social platform. It operates across 35 countries, with primary reach in the U.S., as well as in markets, such as the U.K. and Australia.

Real Messenger Corporation Fundamentals Summary

How do Real Messenger's earnings and revenue compare to its market cap?
RMSG fundamental statistics
Market cap	US$20.60m
Earnings (TTM)	-US$4.90m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-4.2x

P/E Ratio

Is RMSG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RMSG income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$4.90m
Earnings	-US$4.90m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.47
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-136.7%

How did RMSG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 12:13
End of Day Share Price	2024/12/20 00:00
Earnings	2024/03/31
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Real Messenger Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution