Company Summary: reAlpha Tech Corp.

Overview

reAlpha Tech Corp. is a technology-driven, real estate services company that has transitioned from an asset-heavy rental model to a comprehensive, AI-enhanced, end-to-end homebuying platform. The company leverages proprietary artificial intelligence (AI) tools to streamline and modernize the real estate transaction process, aiming to make homeownership more affordable and accessible.

Business Operations

• Core Focus:

  • Development of an AI-powered, commission-free homebuying platform.
  • Providing real estate brokerage, mortgage, title, and escrow services.
  • Utilizing AI to develop and enhance software solutions, including engagement and functionality tools via subsidiaries.

• Key Subsidiaries:

  • reAlpha Realty: Real estate brokerage services.
  • AiChat: AI-powered customer engagement platform.
  • Be My Neighbor: Mortgage brokerage services.
  • Hyperfast: Title and escrow services.
  • Naamche: AI and technology development for platform functionality.

• Business Model & Revenue Streams:

  • Revenue generated from mortgage brokerage, real estate services, software licensing, and platform usage.
  • Focused on acquiring and developing AI and real estate technology to support various transaction stages: home search, purchase, mortgage, and closing.

Financial Highlights (as of reported period December 31, 2024)

• Employees: Not explicitly specified in the provided data.
• Customers and Client Base: Not explicitly specified in the provided data.
• Revenue:
  • For the fiscal year ended December 31, 2024: $948,420.
  • Revenue mainly from services provided to partners and customers, including platform services and real estate transactions.
• Net Income / Loss:
  • For the year 2024: Net loss of $26,022,349.
  • Significant losses driven by operational expenses, impairment charges, and acquisition costs, with no reported positive earnings.
• Total Assets:
  • As of December 31, 2024: $11,994,458.
• Market Capitalization:
  • As of June 28, 2024, approximately $9,894,730 based on Nasdaq reported closing prices.
• Shares Outstanding:
  • As of May 12, 2025: 51,248,840 shares of common stock issued and outstanding.

Strategic and Developmental Activities

• The company has made multiple acquisitions for AI development (Naamche, AiChat), real estate transaction facilitation (Naamche, Be My Neighbor, Hyperfast, USRealty), and technology enhancement.
• Focused on expanding its AI capabilities, including AI tools for engagement, property valuation, and transaction automation.
• Transitioned from owning assets like properties into developing a technology-enabled user experience for homebuyers.

Additional Details

• The company has significant impairment charges relating to the value of acquisitions and intangible assets.
• It maintains a policy to review related-party transactions and positions itself as a public company with Nasdaq listing.
• The company has a history of issuing stock and warrants to fund operations, acquire companies, and facilitate strategic growth.

Conclusion

reAlpha Tech Corp. is a technology-oriented real estate company focused on AI-powered automation and streamlining the homebuying process, with a substantial loss record, ongoing acquisitions, and a strategy centered on software development and integrated services to disrupt the traditional real estate transaction industry.