Company Analysis

reAlpha Tech Corp. (AIRE)

Nasdaq: AIRE · Real Estate · Dublin, OH · filing with the SEC since 2021
Grade4.2
◀ Past 2.9● Present 2.9▶ Future 7.4
1 est.

The grade of reAlpha Tech Corp.

Nine metrics read from its own filings, by tense
Headline grade
4.2/10
◀ Past2.925% of the headline
● Present2.945% of the headline
▶ Future7.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.9/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.2/10

Has it survived what it has been through?

14 warning events since 2021; the latest 2026-02-27.

weight 45% of this tense · 2nd percentile among 32 sector filers · read for itself

From the record

reAlpha Tech Corp.'s filings since 2021 show 14 warning events of 3 kinds: a debt default or acceleration notice (8-K item 2.04, 6 times, the latest 2025-07-23); a notice about its exchange listing (8-K item 3.01, 5 times, the latest 2026-02-27); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2025-05-16) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.9/10

What has it actually done, year after year?

+108.3% a year over 4 filed years; profitable in 0 of 4.

weight 33% of this tense · 69th percentile among 29 sector filers · read for its customers

From the record

reAlpha Tech Corp.'s 4 filed years say what it did: revenue went from $305 thousand in fiscal 2022 to $5 million in fiscal 2025, up 108.3% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 0 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span108.3%top 2% of its family
  • the share of years revenue rosetop 14% of its family
  • the share of filed years with a profitbottom 7% of its family
  • the deepest fall from a revenue peak0.0%top 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.3/10

How has it treated the people who own it?

SI estimate 2.3/10, confidence 35 of 100 (one part).

weight 22% of this tense · 23rd percentile among 31 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 23% of 31 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 31 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: reAlpha Tech Corp.'s shareholder treatment is put at 2.3 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 23% of 31 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.9/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
3.4/10

Is it financially healthy right now?

ROE -153%: lost 153¢ per shareholder dollar. Leverage 47%: owes 47¢ per asset dollar.

weight 45% of this tense · 34th percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, reAlpha Tech Corp. lost about 153 cents for every dollar of shareholders' money, and gross profitability: its products earned about 11 cents per dollar of everything the company owns. Leverage: it owed about 47 cents per dollar of assets, and net share issuance: its share count grew 71.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 47% of its family
  • return on equitybottom 2% of its family
  • gross profit against assetstop 39% of its family
  • the share count against the year beforebottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.5/10

How strong is its position in its industry?

bottom 35% of 30 in its family; net margin -389.4%.

weight 33% of this tense · 35th percentile among 30 sector filers · read for its customers

From the record

reAlpha Tech Corp.'s standing among 30 graded names in its industry family: revenue of $5 million in fiscal 2025 ranks in the bottom 5% by size; a net margin of -389.4% ranks in the bottom 5%; revenue growth of 108.3% a year over the last 3 filed years ranks in the top 5% (its annual reports).

What it rests on

  • revenue against the family$4.5Mbottom 5% of its family
  • net margin-389.4%bottom 5% of its family
  • three-year revenue growth108.3%top 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.0/10

What are the people in charge doing?

bottom 10% of 20 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 10th percentile among 20 sector filers · read for its shareholders

From the record

reAlpha Tech Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Logozzo, Michael J. (CEO and Director, as filed), filing under that title since 2025-08-01, 1.3 years (bottom 18% of its family); most of the 9 officers and directors filing now have filed since the record of its people begins (2023-10-20), a floor of 3.1 years the record cannot see past, so that part is not read; 16 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge16 in three years among 9 peoplebottom 2% of its family
  • the chief executive's years on the record1.3 yearsbottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.5/10

How much room does it have to grow?

top 35% of 29 in its family for room to expand.

weight 22% of this tense · 65th percentile among 29 sector filers · read for itself

From the record

reAlpha Tech Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $8 million against no long-term debt tagged leaves 35.8% of its assets as net cash, top 5% of its family; cash from operations less capital spending is -250.2% of revenue (bottom 5%); a gross margin of 54.3% (top 6%) (its annual report).

What it rests on

  • cash less debt against assets35.8%top 5% of its family
  • cash from operations less capital spending against revenue-250.2%bottom 5% of its family
  • gross margin54.3%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.9/10

What could actually drive growth from here?

top 21% of 29 in its family for growth drivers.

weight 33% of this tense · 79th percentile among 29 sector filers · read for its customers

From the record

reAlpha Tech Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 108.3% a year over the last three filed years against 108.3% over all 4, speeding up (top 47% of its family); the newest year grew 376.9% (top 2%); capital spending grew 242.6% a year (top 15%) (its annual reports). reAlpha Tech Corp. reported 2 product lines in fiscal 2025: Homebuying Services at $3 million (78%), Technology Services at $1 million (23%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 47% of its family
  • the newest year's revenue growth376.9%top 2% of its family
  • three-year growth of capital spending242.6%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 29 in its family for expectations against reality.

weight 45% of this tense · 74th percentile among 29 sector filers · read for its shareholders

From the record

reAlpha Tech Corp.'s newest year against its own record: revenue of $5 million in fiscal 2025 came in 211.8% above the $1 million its prior three years' pace pointed to (top 2% of its family); net income of $18 million against a prior three-year average of $12 million (bottom 26%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 2%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace211.8%top 2% of its family
  • net income against the prior three years' average-43%bottom 26% of its family
  • net margin against its prior averageup more than 100 pointstop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AIRE · research, not advice