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ReAlpha Tech (ReAlpha Tech) Net Income : $-3.13 Mil (TTM As of Mar. 2024)


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What is ReAlpha Tech Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. ReAlpha Tech's Net Income for the three months ended in Mar. 2024 was $-1.42 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.13 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ReAlpha Tech's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.03.


ReAlpha Tech Net Income Historical Data

The historical data trend for ReAlpha Tech's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ReAlpha Tech Net Income Chart

ReAlpha Tech Annual Data
Trend Apr21 Apr22
Net Income
- -5.38

ReAlpha Tech Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only -1.53 -2.30 4.84 -4.25 -1.42

ReAlpha Tech Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

ReAlpha Tech's Net Income for the fiscal year that ended in Apr. 2022 is calculated as

Net Income(A: Apr. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.392+0+0+0.013000000000001
=-5.38

ReAlpha Tech's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.419+0+0+0
=-1.42

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.13 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ReAlpha Tech  (NAS:AIRE) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

ReAlpha Tech's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


ReAlpha Tech Net Income Related Terms

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ReAlpha Tech (ReAlpha Tech) Business Description

Traded in Other Exchanges
Address
6515 Longshore Loop, Suite 100, Dublin, OH, USA, 43017
ReAlpha Tech Corp is an early-stage company that develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It offers retail investors the opportunity to participate in short-term rental properties it will acquire by offering interest in each property portfolio. Its revenues primarily consist of short-term rental revenues from the rental of its properties via Airbnb and such digital hospitality platforms. The company has two segments (i) platform services and (ii) rental business. The company generates the majority of its revenue from the Platform services segment.
Executives
Dimitrios Angelis director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Giri Devanur director, 10 percent owner, officer: CEO and President 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Jorge Aldecoa officer: Chief Operating Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Michael J. Logozzo officer: Chief Financial Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Monaz Karkaria director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Balaji Swaminathan director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Brian D. Cole director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017