Business
reAlpha Tech Corp. Announces Financial Results for the Year Ended December 31, 2024
DUBLIN, Ohio, April 02, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the fiscal year ended December 31, 2024. “We have made great strides in 2024 in advancing reAlpha’s goal to become a leader in the real estate technology industry through strategic innovation and impactful acqui
About this update from Realpha Tech Corp.
[{"type":"image","alt":"reAlpha Tech Corp.","displaySize":"","headline":null,"caption":"reAlpha Tech Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":157,"url":"https://media.zenfs.com/en/globenewswire.com/20c1caa07ac8a9d5246780f0f55fad49"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/4HArJHIn3A3izvlwNWpwVg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/20c1caa07ac8a9d5246780f0f55fad49","width":300,"height":157}},"lazy":false},{"type":"text","content":"DUBLIN, Ohio, April 02, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the fiscal year ended December 31, 2024.","length":329,"tagName":"p"},{"type":"text","content":"“We have made great strides in 2024 in advancing reAlpha’s goal to become a leader in the real estate technology industry through strategic innovation and impactful acquisitions,” commented Piyush Phadke, Chief Financial Officer of reAlpha. “Our continued investment in AI-driven technologies and strategic acquisitions has translated into meaningful revenue growth, and we believe we are well-positioned to drive further expansion of our business and deliver value to our stockholders.”","length":487,"tagName":"p"},{"type":"text","content":"Business Highlights","length":19,"tagName":"p"},{"type":"text","content":"Strategic and operational highlights during the period ended December 31, 2024, include:","length":88,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Launched the reAlpha platform, an end-to-end, commission-free homebuying platform, in April 2024, which was designed to reshape the homebuying experience by eliminating traditional commission fees. The reAlpha platform is powered by Claire, reAlpha’s AI-real estate agent, which is available 24/7.","length":297,"tagName":"p"}]},{"val":[{"type":"text","content":"Acquired a controlling interest in Hyperfast Title, LLC, in July 2024, which enabled us to offer title services in 3 U.S. states.","length":129,"tagName":"p"}]},{"val":[{"type":"text","content":"Acquired an 85% stake in AiChat Pte. Ltd. (“AiChat”) in July 2024, which enhanced reAlpha’s AI capabilities...