Realpha Tech vs Mackenzie Realty Capital
Mackenzie Realty Capital is the larger business, with $20.0m of revenue in fiscal 2026 against $4.5m for Realpha Tech (4.4 times as much). Realpha Tech grew faster (376.4% against -9.3%). Mackenzie Realty Capital kept more of each dollar of sales as profit: a net margin of -95.5% against -389.4%. Realpha Tech carries less debt relative to equity (33.9% against 339.2%).
| Latest fiscal year | Realpha TechAIRE, 2025 | Mackenzie Realty CapitalMKZR, 2026 |
|---|---|---|
| Revenue | $4.5m | $20.0m |
| Revenue growth | 376.4% | -9.3% |
| Net income | −$17.6m | −$19.1m |
| Operating margin | -354.3% | -78.0% |
| Net margin | -389.4% | -95.5% |
| Return on equity | — | -36.9% |
| Free cash flow | −$11.3m | — |
| Cash | $7.8m | $3.5m |
| Total debt | $3.9m | $148m |
| Debt to equity | 33.9% | 339.2% |
| Dividend per share | — | — |
| Dividend yield | — | 0.0% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $2.2m | $2.8m |
| Price vs our value range | — | — |
| Moat score | — | 15 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 17 buys, 0 sales |