reAlpha Tech 11/12/2024 Earnings Report

reAlpha Tech EPS Results

• Actual EPS: -$0.05
• Consensus EPS: -$0.03
• Beat/Miss: Missed by -$0.02
• One Year Ago EPS: N/A

reAlpha Tech Revenue Results

• Actual Revenue: $0.34 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

reAlpha Tech Announcement Details

• Date: 11/12/2024
• Time: Before Market Opens

reAlpha Tech (NASDAQ:AIRE), a real estate technology company, commercializes artificial intelligence (AI)-powered technologies. The company operates in two segments, Platform Services and Rental Business. The company offers and develops AI-based products and services to customers in the real-estate industry. These include reAlpha BRAIN, which utilizes a natural language processing program to scan through property data and choose the ones with a higher than expected industry standard return on investment; reAlpha HUMINT, which allows analysts to input qualitative features about a property and factor it into property evaluation; GENA to generate home descriptions; AIRE, a web-based AI application that provides data and insights about the real estate market; and reAlpha App, which allows syndicate members to acquire equity interests in the syndication LLC. It also leases short-term rental properties; and provides technical support services. The company was formerly known as eAlpha Asset Management, Inc. and changed its name to reAlpha Tech Corp. in March 2023. reAlpha Tech Corp. was founded in 2020 and is headquartered in Dublin, Ohio.