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REAX

The Real Brokerage Inc.
CIK 0001862461 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
6.5
composite ยท 2 signals ยท CLEAN

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-01 ยท FY 2025-12-31 ยท CLEAN0.0

Earnings quality

Beneish M-Score -4.72 โ€” no manipulation profile
trend: flat
Trend
Source: 40-F on SEC.gov (filed 2026-03-04) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -4.718,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.91,
    "GMI": 1.078,
    "AQI": 1.1,
    "SGI": 1.557,
    "DEPI": 0.813,
    "SGAI": 1,
    "LVGI": 0.944,
    "TATA": -0.584
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.6936,
  "inputs": {
    "revenue_t": 1968416000,
    "revenue_t1": 1264639000,
    "total_assets_t": 126861000,
    "net_income_t": -8105000,
    "cfo_t": 65926000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1862461/000149315226008771/0001493152-26-008771-index.htm",
    "form": "40-F",
    "filed": "2026-03-04"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN8.1

Restatement predictor

F-Score 0.24 โ€” at or below the population base rate
trend: flat
Trend
Source: 40-F on SEC.gov (filed 2026-03-04) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.244,
  "probability": 0.0009,
  "components": {
    "rsst": -0.6936,
    "drec": 0.0556,
    "dinv": null,
    "soft": 0.7188,
    "dcs": 0.5518,
    "droa": 0.2426,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1862461/000149315226008771/0001493152-26-008771-index.htm",
    "form": "40-F",
    "filed": "2026-03-04"
  }
}