reAlpha Tech Corp. (AIRE) intrinsic value & 10-year financials

reAlpha Tech Corp. (AIRE) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue grew 228.2% a year to $4.5M, with an average return on invested capital of -167.4%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$0.98
Market cap
$75.2M
Revenue (FY2025)
$4.5M
Revenue growth (4-yr CAGR)
228.2%
ROIC (10-yr avg)
-167.4%
Free cash flow (FY2025)
-$11.3M

AIRE 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $4.5M -$17.6M -$0.23 -$11.3M -354.3% -269.6%
FY2024 $948.4K -$26.0M -$0.58 -$6.1M -727.8% -93.6%
FY2023 $419.4K -$5.5M -$0.13 — -1176.3% -139.0%
FY2022 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

reAlpha Tech Corp. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

reAlpha Tech Corp. has historically struggled to out-earn its cost of capital, averaging just -78.4% ROIC.

reAlpha Tech Corp. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, reAlpha Tech Corp. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-7.64 per share.

AIRE stock: frequently asked questions

What is the intrinsic value of reAlpha Tech Corp. (AIRE) stock?

Graham's formula only works with positive earnings. reAlpha Tech Corp. reported diluted EPS of -$0.23 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does reAlpha Tech Corp. generate free cash flow?

reAlpha Tech Corp. generated -$11.3M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 2 reported years.

What is AIRE's return on invested capital?

Average ROIC over the last 4 fiscal years was -167.4%, and average return on equity was -254.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this AIRE data come from?

From reAlpha Tech Corp.'s annual 10-K filings on SEC EDGAR, most recently filed Apr 28, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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