reAlpha Tech Second Quarter 2024 Earnings: US$0.033 loss per share (vs US$0.12 profit in 2Q 2023)

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reAlpha Tech (NASDAQ:AIRE) Second Quarter 2024 Results

Key Financial Results

  • Net loss: US$1.48m (down by 131% from US$4.84m profit in 2Q 2023).
  • US$0.033 loss per share (down from US$0.12 profit in 2Q 2023).
earnings-and-revenue-history
NasdaqCM:AIRE Earnings and Revenue History August 20th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

reAlpha Tech shares are up 8.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for reAlpha Tech (3 are concerning!) that you need to take into consideration.

Valuation is complex, but we're here to simplify it.

Discover if reAlpha Tech might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About NasdaqCM:AIRE

reAlpha Tech

A real estate technology company, develops an end-to-end homebuying platform.

Moderate risk with mediocre balance sheet.

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