The Real Brokerage Inc. (REAX) Q3 2024 Earnings Call Transcript Summary
The Real Brokerage Inc. (REAX) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA improved significantly to $13.3 million in Q3 2024, up from $3.5 million in Q3 2023, reflecting strong revenue and profit growth.The following is a summary of the The Real Brokerage Inc. (REAX) Q3 2024 Earnings Call Transcript:
以下是The Real Brokerage Inc.（REAX）2024年第三季度業績會實錄摘要：
Financial Performance:
財務表現:
The Real Brokerage Inc. reported a significant revenue increase to $372.5 million in Q3 2024, up 74% year-over-year, primarily driven by organic transaction growth.
Gross profit for Q3 2024 rose to $32.1 million, up from $18.8 million in Q3 2023, primarily fueled by an increase in closed transactions.
Adjusted EBITDA improved significantly to $13.3 million in Q3 2024, up from $3.5 million in Q3 2023, reflecting strong revenue and profit growth.
The Real Brokerage Inc.報告2024年第三季度營業收入顯著增加至37250萬美元，同比增長74％，主要受到有機交易增長的推動。
2024年第三季度毛利潤增至3210萬美元，較2023年第三季度的1880萬美元增加，主要得益於完成交易量的增加。
調整後的EBITDA在2024年第三季度顯著改善，從2023年第三季度的350萬美元增至1330萬美元，體現了強勁的營業收入和盈利增長。
Business Progress:
業務進展:
Introduction of Leo Copilots and Real Wallet, reflecting significant advancements in Real's technological offerings aimed at improving agent productivity and financial management.
Expansion of agent count to over 22,500 as of the start of Q4 2024, emphasizing strong growth in agent acquisition.
The company showcased impressive growth in its mortgage and title business lines, expanding by a combined 97% year-over-year.
Leo Copilots和Real Wallet的推出，體現了Real在技術方面的重大進展，旨在提高經紀人的生產力和財務管理。
經紀人數量擴大至2024年第四季度開始時的超過22,500人，強調了經紀人招募方面的強勁增長。
該公司在其抵押貸款和產權業務領域展示了令人印象深刻的增長，同比增長率達到97%。
Opportunities:
機會：
By embedding AI directly into the agent experience through innovations like Leo Copilots and Leo for Clients, The Real Brokerage is enhancing operational efficiencies and potentially attracting more agents and clients due to increased platform attractiveness.
Real Wallet offers a new avenue for financial flexibility and revenue generation, appealing to agents seeking more independence in managing their finances.
通過將人工智能直接嵌入到代理人體驗中，通過Leo Copilots和Leo for Clients等創新，The Real Brokerage正在增強運營效率，可能吸引更多代理人和客戶，因爲平台的吸引力增加。
Real Wallet爲金融靈活性和營業收入創造了新途徑，吸引尋求在財務管理中獲得更多獨立性的代理人。
Risks:
風險：
Despite the company's rapid growth and expansion, the broader market affordability challenges continue to pose risks, potentially impacting home sales. This indicates a need to manage external market shifts effectively to sustain growth.
儘管該公司增長迅速且擴張迅速，但更廣泛的市場可負擔性挑戰仍然存在，可能影響房屋銷售。這表明需要有效管理外部市場變化，以維持增長。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
