The Real Brokerage, Inc. (REAX) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

earnings call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation. I will now turn the call over to Alex Lumpkin. Ma'am, the floor is yours. Thanks, and good morning. Thank you for standing by, and welcome to the Real Brokerage Conference call and webcast for the first quarter ended March 31, 2025. We appreciate everyone for joining us today. With me on the call today are Tamir Poleg, our Chairman and Chief Executive Officer, Sharan Srivastava, President, and Ravi Jani, our Chief Financial Officer. This morning, Real published an earnings press release, including results for the first quarter ended March 31, 2025. The press release, along with the unaudited consolidated financial statements and related management discussion and analysis for the quarter ended, have been filed with the U.S. Securities and Exchange Commission on EDGAR and with the Canadian Securities Regulators on SEDAR. Before we get started, I'd like to remind everyone that statements made in this conference call that are not historical facts, including statements about future time periods, may be deemed to constitute forward-looking statements. Our actual results may differ materially from these forward-looking statements, and the risk factors that could cause these differences are detailed in our Canadian Continuous Disclosure Documents and SEC reports. REAL disclaims any intent or obligation to update these forward-looking statements, except as expressly required by law. With that, I'd like to turn the call over to Chairman and Chief Executive Officer, Tamir Poleg. Tamir, please proceed. Good morning, and thank you, Alex. I will start with an overview of our strategy and recent business highlights....