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Financial statements

TAP REAL ESTATE TECHNOLOGIES, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data TAP REAL ESTATE TECHNOLOGIES, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2022FY2023FY2024FY2025
Revenue1.370.451.0100
Cost of revenue0.860.180.44
Gross profit0.520.270.56
General and administrative15.518.86.484.274.14
Operating expenses28.83810.18.37.62
Operating income-28.3-37.7-10.1-8.3-7.62
Interest expense0.54
Other non-operating income-4.93-3.74-4.46-3.12-25.2
Pre-tax income-49.7-48.6-4.31-14.4-16
Income tax00
Net income-49.7-48.6-4.31-14.4-16
EBITDA-22.8-28.2-8.97
EPS, basic-0.05-0.030.000.000.00
EPS, diluted-0.05-0.030.000.000.00
Shares, basic (weighted)9421,5745,37217,63143,420
Shares, diluted (weighted)9421,5745,37217,63143,420

Balance sheet

FY2022FY2022FY2023FY2024FY2025
Cash and equivalents3.170.480.360.020.13
Receivables0.270.070.03
Inventory1.040.29
Other current assets0.060.020.11
Total current assets3.882.850.832.991.36
Property, plant and equipment0.360.020.01
Goodwill3.18
Intangible assets00.80.24
Total assets10.83.831.523.21.36
Accounts payable1.423.811.32.671.04
Accrued liabilities0.7
Total current liabilities24.830.35.5326.74.23
Long-term debt0.15
Total liabilities27.239.15.6326.74.23
Paid-in capital34.263.999.4114131
Retained earnings-50.7-99.2-104-118-135
Other comprehensive income0.02-0.12
Shareholders' equity-16.5-35.3-4.13-3.46-2.87
Total equity-16.5-35.3-4.13-3.46-2.87
Total liabilities and equity10.83.831.523.21.36
Shares outstanding1,0232,18211,26332,74953,619

Cash flow statement

FY2022FY2022FY2023FY2024FY2025
Net income-49.7-48.6-4.31-14.4-16
Depreciation and amortization5.59.511.09
Stock-based compensation10.712.27.074.3
Change in receivables0.13-0.050.04
Change in inventory-0.03-0.05
Change in payables1.012.741.120.28-0.21
Cash from operations-9.93-11.7-4.12-3.18-1.66
Capital expenditures-0.37-0.01
Acquisitions-0.15
Cash from investing-0.24-0.680.732
Stock issued11.19
Cash from financing11.61042.11-0.24
Net change in cash1.45-2.36-0.11-0.340.11
Free cash flow-10.3-11.7
Interest paid00.010.01

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.00 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-1,204.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-94.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-29.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y146.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y202.2%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.36xCurrent assets / current liabilities.
Quick ratio0.06x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets202.4%Total liabilities / total assets.
Working capital-$3.3MCurrent assets - current liabilities.
Tangible book value-$2.6MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.00xRevenue / average total assets.
Receivables turnover0.00xRevenue / average receivables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.00Revenue / diluted weighted shares.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share-$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.00Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$6.2MShare price x shares outstanding.
Enterprise value$6.0MMarket cap + total debt - cash - short-term investments.
Earnings yield-492.7%Net income / market cap (the inverse of P/E).
What was TAP REAL ESTATE TECHNOLOGIES, INC.'s revenue in fiscal 2025?

TAP REAL ESTATE TECHNOLOGIES, INC. reported revenue of $0.0 for fiscal 2025.

Was TAP REAL ESTATE TECHNOLOGIES, INC. profitable in fiscal 2025?

No. It reported a net loss of $16.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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