Overview
TAP REAL ESTATE TECHNOLOGIES, INC.
Latest 10-K: FY2025, filed Mar 31, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $0.00B
- n/mYoY
- TotalRevenue
- Gross profit
- Not reported
- Operating income
- -$0.01B
- n/mYoY
- OperatingIncome
- Net income
- -$0.02B
- n/mYoY
- NetIncome
- Diluted EPS
- $0.00
- n/mYoY
- EPSDiluted
At a glance
Growth
- Revenue grew faster than the median S&P 500 member in 1 of the last 3 fiscal years.
Per share
- Diluted EPS was $0.00.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 25, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $0.00Mn/m S&P 500 6.4% | $0.00M100.0%down S&P 500 4.5% | $1.01M121.5%up S&P 500 4.8% | $0.45M66.9%down S&P 500 10.3% | $1.37M S&P 500 13.8% | n/m S&P 500 6.6% |
| Gross Profit Median of 315 / 498 | — | — | $0.56M106.2%up S&P 500 5.2% | $0.27M47.2%down S&P 500 8.3% | $0.52M S&P 500 15.7% | — S&P 500 6.2% |
| Operating Income Median of 373 / 498 | negative: -$7.62Mn/m S&P 500 7.3% | negative: -$8.30Mn/m S&P 500 7.4% | negative: -$10.06Mn/m S&P 500 4.9% | negative: -$37.74Mn/m S&P 500 7.5% | negative: -$28.26M S&P 500 23.5% | n/m S&P 500 7.2% |
| Net Income | negative: -$15.97Mn/m S&P 500 4.8% | negative: -$14.45Mn/m S&P 500 5.7% | negative: -$4.31Mn/m S&P 500 1.9% | negative: -$48.57Mn/m S&P 500 1.3% | negative: -$49.66M S&P 500 33.9% | n/m S&P 500 4.1% |
| EPS (Diluted) | $0.00n/m S&P 500 6.2% | $0.00n/m S&P 500 7.9% | $0.00n/m S&P 500 1.9% | negative: -$0.03 S&P 500 1.5% | — | — S&P 500 5.6% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $1.36M94.2%down S&P 500 5.6% | $23.22M1445.8%up S&P 500 3.4% | $1.50M60.7%down S&P 500 4.1% | $3.83M64.5%down S&P 500 2.2% | $10.77M S&P 500 6.7% | -40.4% S&P 500 4.7% |
| Total Liabilities Median of 357 / 498 | $4.23M84.2%down S&P 500 6.4% | $26.69M374.2%up S&P 500 1.9% | $5.63M85.6%down S&P 500 2.9% | $39.12M43.7%up S&P 500 2.0% | $27.23M S&P 500 5.2% | -37.2% S&P 500 4.4% |
| Stockholders' Equity | negative: -$2.87Mn/m S&P 500 6.8% | negative: -$3.46Mn/m S&P 500 5.4% | negative: -$4.13Mn/m S&P 500 7.3% | negative: -$35.29Mn/m S&P 500 2.5% | negative: -$16.46M S&P 500 9.0% | n/m S&P 500 6.1% |
| Cash & Equivalents | — | — | — | — | — | — S&P 500 2.0% |
| Total Debt Median of 393 / 498 | — | — | — | — | — | — S&P 500 3.7% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | negative: -$1.66Mn/m S&P 500 6.3% | negative: -$3.18Mn/m S&P 500 4.8% | negative: -$4.12Mn/m S&P 500 9.9% | negative: -$11.69Mn/m S&P 500 -0.7% | negative: -$9.93M S&P 500 10.7% | n/m S&P 500 7.0% |
| Capital Expenditures | — | — | — | $0.01M97.7%down S&P 500 14.0% | $0.37M S&P 500 8.1% | — S&P 500 9.0% |
| Free Cash Flow Median of 378 / 498 | — | — | — | negative: -$11.70Mn/m S&P 500 -11.3% | negative: -$10.30M S&P 500 10.2% | — S&P 500 4.9% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2025Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
n/m
Wall Street
on net earnings
FY2024 n/m
— Not reported
Value investor
on free cash flow
FY2024 — Not reported
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E n/mValue investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Book yield
Net assets behind a dollar of market value
n/m
Wall Street
on book equity
FY2024 n/m
n/m
Value investor
on tangible book
FY2024 n/m
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
n/m
Wall Street
ROE: net income ÷ equity
FY2024 n/m
n/m
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2024 n/m
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
n/m
Wall Street
EBITDA margin
FY2024 n/m
— Not reported
Value investor
Free-cash-flow margin
FY2024 — Not reported
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
0.32×
Wall Street
Current ratio
FY2024 0.11×
0.32×
Value investor
Quick ratio, inventory excluded
FY2024 0.11×
Gap Same: Both views read the same
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on RWAX yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on RWAX and publish the result to your public profile.
Cite this page
Data as of Oct 25, 2026. Canonical address: https://valuein.biz/data/RWAX
Valuein. (2026, October 25). TAP REAL ESTATE TECHNOLOGIES, INC. (RWAX) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/RWAX
@misc{valuein_rwax_2026,
author = {{Valuein}},
title = {TAP REAL ESTATE TECHNOLOGIES, INC. (RWAX) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/RWAX}},
note = {Data as of 2026-10-25; source: SEC EDGAR filings}
}10-K filed Mar 31, 2026 · accession 0001493152-26-013966
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing