The Real Brokerage, Inc. (REAX) Q2 2025 Earnings Call

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WEBVTT 00:00:01.685 -- 00:00:05.609 Welcome to the Real Brokerage second quarter earnings call. 00:00:05.609 -- 00:00:09.914 At this time, all participants are placed on a listen-only mode, and we will open the 00:00:09.914 -- 00:00:13.678 floor for your questions and comments after the presentation. 00:00:13.678 -- 00:00:18.923 I will now turn the call over to Ms. Alex Lumpkin, Chief Legal Officer at the Real Brokerage. 00:00:18.923 -- 00:00:21.286 Ma'am, the floor is yours. 00:00:21.286 -- 00:00:25.850 Thanks, and good morning. Thank you for standing by, and welcome to the Real Brokerage 00:00:25.850 -- 00:00:30.760 conference call and webcast for the second quarter ended June 30, 2025. 00:00:30.760 -- 00:00:33.543 We appreciate everyone for joining us today. 00:00:33.543 -- 00:00:38.249 With me on the call today are Tamir Koleg, our Chairman and Chief Executive Officer, 00:00:38.249 -- 00:00:43.154 Jenna Rosenblatt, our Chief Operating Officer, and Ravi Jani, our Chief Financial Officer. 00:00:43.154 -- 00:00:47.900 This morning, REAL published an earnings press release including results for the second 00:00:47.900 -- 00:00:52.906 quarter ended June 30, 2025. The press release, along with the unaudited 00:00:52.906 -- 00:00:57.571 consolidated financial statements and related management discussion and analysis for 00:00:57.571 -- 00:00:59.558 the quarter, have been filed with the U.S. 00:00:59.558 -- 00:01:03.983 Securities and Exchange Commission on EDGAR and with the Canadian Securities Regulators 00:01:03.983 -- 00:01:08.929 on SEDAR. Before we get started, I'd like to remind everyone that statements made in 00:01:08.929 -- 00:01:13.074 this conference call that are not historical facts, including statements about future 00:01:13.074 -- 00:01:17.138 time period...