reAlpha Tech reports FY2024 revenue up 270% to $948k but net loss widens to $26M on Rhove impairment

reAlpha Tech Corp.

2025-Q1 EPS reported -$0.06 revenue$925,635

Revenue $948,420 (+270% YoY); net loss $26.02M vs $2.46M, driven by $17.3M Rhove goodwill impairment and discontinued ops.
Discontinued short-term rental business entirely in Q1 2025; discontinued ops loss $18.3M.
Acquired controlling interest in Hyperfast Title, 85% of AiChat, and Be My Neighbor (mortgage brokerage in 28 states) in 2024.
Cash and equivalents $3.12M (down from $6.46M); adjusted EBITDA improved to $(5.57)M from $(7.39)M.
Launched commission-free homebuying platform powered by AI agent Claire; Super App introduced in August 2024.

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