Overview
Real Brokerage Q2 2025 rev rises 59% yr/yr to $540.7 mln
Co reports first-ever positive net income of $1.5 mln
Adjusted EBITDA improves to $20 mln, reflecting operational efficiency
Outlook
Company expects to increase share repurchases in H2 2025
Real anticipates long-term growth through AI investments
Company plans to enhance Revenue Share model in August 2025
Real sees strategic growth from Flyhomes acquisition
Result Drivers
TECHNOLOGY SCALABILITY - Co attributes first-ever positive net income to scalability of its technology and efficient operating model, per CEO Tamir Poleg
TRANSACTION GROWTH - Total value of completed real estate transactions increased 60% yr/yr, reaching $20.1 bln
AGENT PLATFORM EXPANSION - Number of agents on platform grew 43% yr/yr, enhancing co's operational capacity
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | $540.70 mln | ||
Q2 Net Income | $1.50 mln | ||
Q2 Adjusted EBITDA | $20 mln | ||
Q2 Gross Profit | $47.90 mln |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate services peer group is "buy."
Press Release: ID:nBw58cN3Ca
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)