reAlpha Tech Corp., a real estate technology company, develops an end-to-end homebuying platform. It operates through two segments, Homebuying Services and Technology Services. The Homebuying Services segment consists of realty services; digital title and escrow services; and residential real estate brokerage, mortgage brokerage, and related settlement services operations. This segment includes Prevu and reAlpha Realty, which provide residential real estate brokerage services to buyers and sellers; reAlpha Mortgage and GTG Financial, which provide residential mortgage brokerage services, including loan origination support and facilitation of loan closings; and Hyperfast, which offers title and related real estate settlement services. The Technology Services segment provides software development services; and the AI-powered conversational platform provided to customers by AiChat. This segment includes reAlpha Nepal’s Software Development Services, provides services related to the development of technology, AI and applications, as well as other technology support to the reAlpha platform and to third parties; and AiChat’s Conversational Platform, enables businesses to automate and optimize customer service, marketing, and e-commerce processes through the integration of major messaging channels. The company was formerly known as eAlpha Asset Management, Inc. and changed its name to reAlpha Tech Corp. in March 2023. reAlpha Tech Corp. was founded in 2020 and is based in Dublin, Ohio.
reAlpha (Nasdaq: AIRE) Reports Second-Quarter 2026 Financial Results
reAlpha reported Q2 revenue of $1.1 million, down 11% year-over-year, while net losses narrowed to $3.0 million from $4.8 million in the prior year.
The company improved gross margins to 66% for the six-month period and increased trailing twelve-month transaction volume by 70% to $150.4 million, while regaining compliance with Nasdaq's minimum bid price requirement.
Strategic initiatives include a restructuring plan that reduced the global workforce by 25% to generate $2 million in annualized savings and the pending acquisition of InstaMortgage to expand direct lending capabilities.