Real Brokerage Q3 revenue up 53%, Adjusted EBITDA increases 54%

Reuters10-30
Real Brokerage Q3 revenue up 53%, Adjusted EBITDA increases 54%

Overview

  • The Real Brokerage Q3 revenue rose 53% yr/yr to $568.5 mln, driven by transaction growth

  • Adjusted EBITDA for Q3 increased 54% to $20.4 mln, reflecting operational efficiency

  • Company repurchased 3.2 mln shares for $15.5 mln, showing confidence in financial position

Outlook

  • Company did not provide specific financial guidance for future quarters

Result Drivers

  • TRANSACTION GROWTH - Closed transactions increased 49% yr/yr, driving revenue growth

  • AGENT EXPANSION - Agent base grew by 2,100 in Q3, surpassing 30,000 total agents

  • LOWER CHURN - Churn metrics declined to multi-year lows, supporting growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$568.50 mln

Q3 EPS

-$0.002

Q3 Net Income

-$400,000

Q3 Adjusted EBITDA

$20.40 mln

Q3 Gross Profit

$44.90 mln

Press Release: ID:nBwL6kzya

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(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.)

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