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reAlpha Tech Corp. Announces Financial Results for the Quarter Ended March 31, 2024

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Friday, April 19, 2024

Commercial Building & Real Estate, Technology, Construction & Property, Other Technology, REIT, Software, Other Construction & Property, Artificial Intelligence, Residential Building & Real Estate, Sale, AI, Depreciation, Forecasting, GENA, Adjustment, GAAP, AIRE, Bookkeeping

reAlpha Tech Corp. (“reAlpha,” the “Company,” “us,” “we” or “our”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) technologies, today reports financial results for the first quarter ended March 31, 2024.

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reAlpha Tech Corp. (“reAlpha,” the “Company,” “us,” “we” or “our”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) technologies, today reports financial results for the first quarter ended March 31, 2024.
“reAlpha made significant strides in the first quarter of 2024 with the commercial launch of our AI-powered platform, GENA,” said Giri Devanur, Chief Executive Officer of reAlpha.
Revenues were $20,426 for the three months ended March 31, 2024, compared to $111,451 for the three months ended March 31, 2023.
For the three months ended March 31, 2024 and March 31, 2023, we did not have any non-recurring events.

reAlpha Tech Corp. Announces Financial Results for the Transition Period ended December 31, 2023 and Provides Business Update

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Tuesday, March 12, 2024

reAlpha Tech Corp. (“reAlpha,” “Company,” “us,” “we” or “our”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the eight month period ended December 31, 2023.

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reAlpha Tech Corp. (“reAlpha,” “Company,” “us,” “we” or “our”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the eight month period ended December 31, 2023.
Recent strategic and operational highlights during the transition period ended December 31, 2023 include:
Listed on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “AIRE” on October 23, 2023.
Revenue for the eight months ended December 31, 2023 was $121,690, compared to $284,666 for the eight months ended December 31, 2022.
For the transition period ended December 31, 2023 and the fiscal year ended April 30, 2023, we did not have any restructuring expenses or non-recurring acquisition-related compensation expenses.

reAlpha Tech Corp. Announces Second Quarter 2023 Results and Provides Business Update

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Friday, December 15, 2023

reAlpha Tech Corp. (“reAlpha” or the “Company”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) to drive efficiency, sustainability and growth, today provides a business update and reports financial results for the second quarter ended October 31, 2023.

Key Points:

reAlpha Tech Corp. (“reAlpha” or the “Company”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) to drive efficiency, sustainability and growth, today provides a business update and reports financial results for the second quarter ended October 31, 2023.
“Our second fiscal quarter of 2023 marked a pivotal quarter for reAlpha,” said Giri Devanur, CEO of reAlpha.
Revenue was $33,459 for the three months ended October 31, 2023 compared to $110,624 for the three months ended October 31, 2022.
The Company had cash on hand of $605,337 and $ 1,256,868 as of October 31, 2023, and April 30, 2023 respectively.

Sovos' Christiaan van der Valk Named Vice Chair of GENA

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Monday, December 11, 2023

Public policy, Human, GENA, Policy, White, Social responsibility, CIAT, Statistics, Pulse, Trade association, Tax Administration Reform Commission, News, Renewable energy, Online shopping, Sovo

ATLANTA, Dec. 11, 2023 /PRNewswire-PRWeb/ -- Global compliance technology solutions and services provider Sovos announced today that GENA (former EESPA), an international trade association for a large and dynamic community of e-invoicing service providers, has elected Christiaan van der Valk, VP of strategy & regulatory, Sovos, as its new Vice Chair.

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ATLANTA, Dec. 11, 2023 /PRNewswire-PRWeb/ -- Global compliance technology solutions and services provider Sovos announced today that GENA (former EESPA), an international trade association for a large and dynamic community of e-invoicing service providers, has elected Christiaan van der Valk, VP of strategy & regulatory, Sovos, as its new Vice Chair.
"Christiaan van der Valk is a world-renowned expert in the field of e-invoicing, evidenced by this elevation to a leadership role in this important industry association," said Kevin Akeroyd, CEO, Sovos.
An internationally recognized voice on e-business strategy, law, policy, best practices and commercial issues, van der Valk previously served as Chair of the Public Policy and Compliance Working Group at GENA for 11 years.
"It has been amazing to be a part of such a collaborative group and to truly make a difference in the e-invoicing world," said van der Valk.

reAlpha Announces Commercial Launch of GENA, a Product for Property Listing Descriptions Powered by Generative-AI

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Wednesday, November 1, 2023

In an increasingly competitive residential real estate market, property owners, agents and managers are seeking innovative technology solutions to support their businesses and drive positive outcomes.

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In an increasingly competitive residential real estate market, property owners, agents and managers are seeking innovative technology solutions to support their businesses and drive positive outcomes.
As an owner of, and investor in, residential real estate, reAlpha understands the complexities involved in marketing properties efficiently and effectively, including the time it takes to develop property listing descriptions for platforms such as Airbnb.
To that end, reAlpha developed GENA, which leverages reAlpha’s industry knowledge and generative AI technology to enhance or create property descriptions.
Whether a property is included in marketplaces such as Airbnb, VRBO, Zillow, Realtor or MLS, GENA can tailor detailed descriptions for each platform, as applicable.

The E-Invoicing Exchange Summit in Singapore opens its doors from December 4 to 6

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Wednesday, October 25, 2023

Ministry of Business, Innovation and Employment, Government, Government of Japan, Innovation, IRBM, IMDA, Application, Ministry, Senior, Interoperability, Public sector, Employment, API, Vice, Digital Agency, GENA, Online shopping, Management, PEPPOL

Thiswill apply to both domestic and cross-border transactions.

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Thiswill apply to both domestic and cross-border transactions.
The Malaysia Digital Economy Corporation (MDEC) is Malaysia's Peppol Authority and accreditsMalaysia's Peppol service providers and Peppol ready solution providers under the consideration of local requirements and technicalstandards.
At the E-Invoicing Exchange Summit in Singapore from December 4 to 6, 2023 Datuk Fadzli Abdul Wahit, Senior VicePresident, Digital Industry Development, MDEC will give an update on the status quo of the Malaysian E-Invoicing initiative.
Information on the E-Invoicing Exchange Summit and special ticket rates valid for public sector and typical senders of a high volume of invoices: www.exchange-summit.com/events/asia/agenda

Gena (GENA) Is Now Available for Trading on LBank Exchange

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Tuesday, January 17, 2023

GAG, Coffee, GENA, Blockchain, Non-fungible token, NFT, Cryptocurrency, Nawal Kishore Press, Gena

Internet City, Dubai--(Newsfile Corp. - January 17, 2023) - LBank Exchange, a global digital asset trading platform, has listed Gena (GENA) on November 14, 2022.

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Internet City, Dubai--(Newsfile Corp. - January 17, 2023) - LBank Exchange, a global digital asset trading platform, has listed Gena (GENA) on November 14, 2022.
For all users of LBank Exchange, the GENA/USDT trading pair is now officially available for trading.
Utilizing the power of blockchain and NFT technology, Gena (GENA) network builds various DApps including the South Korea's first comedy content platform, a real estate trading platform, coffee shop crypto payment system, and more.
Its native token GENA has been listed on LBank Exchange at 8:00 UTC on November 14, 2022, to further expand its global reach and help it achieve its vision.