Melange

The Real Brokerage Inc. Announces Fourth Quarter and Full Year 2021 Financial Results

The Real Brokerage Inc. (“Real” or the “Company”) (TSXV: REAX) (NASDAQ: REAX), an international, technology-powered real estate brokerage, is pleased to announce it has filed its financial results for the three and twelve months ended December 31, 2021.

Additional information concerning Real’s audited consolidated financial statements and related management’s discussion and analysis for the three and twelve months ended December 31, 2021 can be found on the Company’s profile at www.sedar.com

. Unless otherwise stated, all dollar amounts are in thousands of U.S. dollars.

“We continue to experience rapid growth through the combination of increases in number of agents and revenue per agent,” said Tamir Poleg, co-founder and CEO of Real.

“Looking ahead we are focused on adding ancillary services and building consumer facing technology, that further improves the home buying experience.
Doing so will also add more revenue streams and increase our total addressable market as we expand into the online real estate industry. Importantly, we feel we have a sustainable business model with $38 million on our balance sheet and operating at cash flow positive

This article was shared with Prittle Prattle News as a Press Release by PRNewswire.

Related Posts

1 of 428