reAlpha Tech Corp. ( (AIRE) ) has released a notification of late filing.
reAlpha Tech Corp. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the need for additional time for the auditor to complete the review of the company’s consolidated financial statements. reAlpha Tech Corp. expects to file the report within a 15-day extension period. The company anticipates significant changes in its financial results, including a 270% increase in revenue driven by acquisitions in the technology services segment. However, there is a notable increase in net loss from continuing operations due to the absence of a one-time gain from the previous year. The company is committed to ongoing compliance efforts, as indicated by the signature of Chief Financial Officer Piyush Phadke.
More about reAlpha Tech Corp.
YTD Price Performance: -54.39%
Average Trading Volume: 336,521
Technical Sentiment Signal: Buy
Current Market Cap: $54.55M
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