The Real Brokerage posted strong gains in revenue, agent count and transaction volume in Q2 while advancing plans to acquire REMAX later this year.Leaders reported second-quarter revenue of $700.6 million, a 30% increase from $540.7 million a year earlier, during a Thursday morning earnings call.Gross profit rose 22% to $58.3 million, while adjusted EBITDA increased 38% to $27.6 million.The company reported a net loss of $8 million, compared with net income of $1.6 million in the second quarter of 2025. Executives said the loss was largely driven by $11.6 million in acquisition-related expenses associated with the pending REMAX transaction.Real finished the quarter with $86.6 million in unrestricted cash and short-term investments and no debt. “Despite one of the most challenging housing markets in years, we again delivered significant growth, improved core profitability and further strengthened our balance sheet,” said CEO Tamir Poleg. “Those results reinforce something we’ve believed for a long time, when we consistently help great real estate professionals build better businesses, we can deliver differentiated growth, improve profitability and create long-term value. “That’s why...
Real Brokerage keeps growth streak alive as REMAX deal nears
1 month ago
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