Real Brokerage Inc
XTSX:REAX
Income Statement
Earnings Waterfall
Real Brokerage Inc
Revenue
|
174m
USD
|
Cost of Revenue
|
-158.3m
USD
|
Gross Profit
|
15.7m
USD
|
Operating Expenses
|
-27.3m
USD
|
Operating Income
|
-11.6m
USD
|
Other Expenses
|
-590k
USD
|
Net Income
|
-12.2m
USD
|
Income Statement
Real Brokerage Inc
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
28
N/A
|
26
-7%
|
25
-3%
|
25
+2%
|
17
-34%
|
23
+38%
|
43
+89%
|
78
+80%
|
122
+55%
|
174
+43%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(24)
|
(22)
|
(22)
|
(22)
|
(14)
|
(20)
|
(38)
|
(71)
|
(111)
|
(158)
|
|
Gross Profit |
3
N/A
|
3
+1%
|
3
-9%
|
3
+10%
|
2
-36%
|
3
+40%
|
5
+71%
|
8
+50%
|
11
+43%
|
16
+42%
|
|
Operating Income | |||||||||||
Operating Expenses |
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(10)
|
(13)
|
(16)
|
(22)
|
(27)
|
|
Selling, General & Administrative |
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(8)
|
(12)
|
(15)
|
(18)
|
(23)
|
|
Research & Development |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(4)
|
(5)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(3)
N/A
|
(3)
-2%
|
(3)
-3%
|
(3)
+2%
|
(3)
+15%
|
(7)
-150%
|
(8)
-23%
|
(9)
-7%
|
(11)
-26%
|
(12)
-5%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(4)
N/A
|
(4)
+7%
|
(5)
-24%
|
(4)
+10%
|
(3)
+22%
|
(7)
-109%
|
(9)
-24%
|
(9)
-7%
|
(12)
-27%
|
(12)
-4%
|
|
Net Income | |||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(4)
|
(4)
|
(5)
|
(4)
|
(3)
|
(7)
|
(9)
|
(9)
|
(12)
|
(12)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Net Income (Common) |
(4)
N/A
|
(4)
+7%
|
(5)
-24%
|
(4)
+10%
|
(3)
+22%
|
(7)
-109%
|
(9)
-24%
|
(9)
-7%
|
(12)
-27%
|
(12)
-4%
|
|
EPS (Diluted) |
-0.1
N/A
|
-0.09
+10%
|
-0.03
+67%
|
-0.03
N/A
|
-0.02
+33%
|
-0.07
-250%
|
-0.08
-14%
|
-0.06
+25%
|
-0.07
-17%
|
-0.07
N/A
|