reAlpha Tech closes InstaMortgage deal Aug. 19
InstaMortgage reported $4,475,511 in revenue and $191,538 in net income for the six months ended June 30, 2026.
Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K/A
Rhea-AI Filing Summary
reAlpha Tech Corp. (AIRE) completed its acquisition of InstaMortgage Inc. on August 19, 2026, with InstaMortgage surviving as a wholly owned subsidiary. The amendment includes InstaMortgage’s audited historical statements, unaudited interim statements and unaudited pro forma combined financial information.
For the six months ended June 30, 2026, InstaMortgage reported $4,475,511 in revenue, versus $2,429,102 a year earlier, and net income of $191,538, versus a $250,659 net loss. Operating cash flow was $120,198, compared with $298,113 used in operations in the prior-year period. These are figures for the acquired business.
At June 30, 2026, InstaMortgage reported $12,464,937 of loans held for sale and $12,463,955 advanced under warehouse lines of credit, against $13,000,000 of total available credit. About 71% of its loan originations were in Virginia, Texas, New Jersey and Maryland.
Positive
- InstaMortgage six-month revenue rose from $2,429,102 in 2025 to $4,475,511 in 2026.
- InstaMortgage reported $191,538 in net income, versus a $250,659 net loss in the prior-year period.
Negative
- None.
