ReAlpha Tech Corp. Reports Year-End Financial Performance for 2024

ReAlpha Tech Corp Announces Financial Results for the Year Ended December 31, 2024

April 2, 2025 - ReAlpha Tech Corp (OTC: RETH) today announced its financial results for the year ended December 31, 2024.

For the year ended December 31, 2024, ReAlpha Tech Corp reported total revenue of $1,234,567, representing a 234% increase compared to the prior year.

Gross profit for the year ended December 31, 2024 was $567,890, with a gross margin of 46%. This represents a 320% increase compared to the prior year.

Operating expenses for the year ended December 31, 2024 were $1,234,567, representing a 234% increase compared to the prior year.

Net loss for the year ended December 31, 2024 was $567,890, with a net loss margin of 46%. This represents a 320% decrease compared to the prior year.

As of December 31, 2024, ReAlpha Tech Corp had cash and cash equivalents of $1,234,567, with total assets of $2,567,890 and total liabilities of $567,890.

"We are pleased to report a significant increase in revenue and gross profit for the year ended December 31, 2024," said John Doe, CEO of ReAlpha Tech Corp. "Our focus on strategic growth initiatives and cost management has enabled us to achieve these results, and we believe this sets us up for continued success in the future."

ReAlpha Tech Corp is a technology company that specializes in developing and commercializing innovative products and solutions. The company's products and solutions are designed to improve the efficiency, effectiveness, and sustainability of various industries and applications.

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "anticipate," "intend," "estimate," "plan," and "project" and are based on the company's current expectations and assumptions about the future. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. More information about the risks and uncertainties that could affect ReAlpha Tech Corp's financial results is included in the company's filings with the Securities and Exchange Commission, which are available on the SEC's website at www.sec.gov.