On November 12, 2024, reAlpha Tech Corp., a real estate technology company, reported a significant increase in its financial results for the quarter ending September 30, 2024. The company, listed on the Nasdaq under the symbol AIRE, announced a 440% increase in quarterly revenue compared to the previous quarter, and a 475% increase year-over-year. The revenue of approximately $339,000 surpassed the company's previous guidance by 274%. Despite the revenue growth, reAlpha experienced a net loss of approximately $2.10 million and an adjusted EBITDA loss of about $1.36 million, which is a decrease from the previous quarter and year-over-year. The company also highlighted the successful integration of its recent acquisition, Be My Neighbor, and the launch of the reAlpha Super App and reAlpha AI Labs. The latter made its first investment in Xmore AI, a cybersecurity AI company. reAlpha's President and COO, Mike Logozzo, expressed optimism about the company's acquisition-led growth strategy and continued investment in AI technology. The company expects revenue to grow between 130% to 190% in the upcoming quarter.

On November 12, 2024, reAlpha Tech Corp., a real estate technology company, reported a significant increase in its financial results for the quarter ending September 30, 2024. The company, listed on the Nasdaq under the symbol AIRE, announced a 440% increase in quarterly revenue compared to the previous quarter, and a 475% increase year-over-year. The revenue of approximately $339,000 surpassed the company's previous guidance by 274%. Despite the revenue growth, reAlpha experienced a net loss of approximately $2.10 million and an adjusted EBITDA loss of about $1.36 million, which is a decrease from the previous quarter and year-over-year. The company also highlighted the successful integration of its recent acquisition, Be My Neighbor, and the launch of the reAlpha Super App and reAlpha AI Labs. The latter made its first investment in Xmore AI, a cybersecurity AI company. reAlpha's President and COO, Mike Logozzo, expressed optimism about the company's acquisition-led growth strategy and continued investment in AI technology. The company expects revenue to grow between 130% to 190% in the upcoming quarter.