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Side-by-side financial comparison of reAlpha Tech Corp. (AIRE) and BOSTON OMAHA Corp (BOC). Click either name above to swap in a different company.

BOSTON OMAHA Corp is the larger business by last-quarter revenue ($29.7M vs $895.3K, roughly 33.2× reAlpha Tech Corp.). BOSTON OMAHA Corp runs the higher net margin — -23.1% vs -541.6%, a 518.6% gap on every dollar of revenue. On growth, reAlpha Tech Corp. posted the faster year-over-year revenue change (70.1% vs 6.4%). reAlpha Tech Corp. produced more free cash flow last quarter ($-2.4M vs $-2.5M). Over the past eight quarters, reAlpha Tech Corp.'s revenue compounded faster (562.1% CAGR vs 7.8%).

reAlpha Tech Corp is a proptech firm that leverages artificial intelligence to identify, acquire, and operate high-yield short-term residential rental properties primarily across the United States. It provides tech-powered property management solutions to enhance guest experiences and maximize returns for individual and institutional real estate investors.

Boston Omaha Corporation is a publicly traded diversified holding company. Its core operating segments include outdoor advertising, surety insurance, residential real estate development, and fixed wireless broadband services, primarily serving customers across the United States, with a focus on driving long-term shareholder value via strategic acquisitions and organic operational growth.

AIRE vs BOC — Head-to-Head

Bigger by revenue
BOC
BOC
33.2× larger
BOC
$29.7M
$895.3K
AIRE
Growing faster (revenue YoY)
AIRE
AIRE
+63.7% gap
AIRE
70.1%
6.4%
BOC
Higher net margin
BOC
BOC
518.6% more per $
BOC
-23.1%
-541.6%
AIRE
More free cash flow
AIRE
AIRE
$82.0K more FCF
AIRE
$-2.4M
$-2.5M
BOC
Faster 2-yr revenue CAGR
AIRE
AIRE
Annualised
AIRE
562.1%
7.8%
BOC

Income Statement — Q4 2025 vs Q4 2025

Metric
AIRE
AIRE
BOC
BOC
Revenue
$895.3K
$29.7M
Net Profit
$-4.8M
$-6.9M
Gross Margin
62.7%
64.0%
Operating Margin
-507.8%
-4.2%
Net Margin
-541.6%
-23.1%
Revenue YoY
70.1%
6.4%
Net Profit YoY
76.9%
-228.1%
EPS (diluted)
$-0.02
$-0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRE
AIRE
BOC
BOC
Q4 25
$895.3K
$29.7M
Q3 25
$1.4M
$28.7M
Q2 25
$1.3M
$28.2M
Q1 25
$925.6K
$27.7M
Q4 24
$526.4K
$27.9M
Q3 24
$339.2K
$27.7M
Q2 24
$62.4K
$27.1M
Q1 24
$20.4K
$25.6M
Net Profit
AIRE
AIRE
BOC
BOC
Q4 25
$-4.8M
$-6.9M
Q3 25
$-5.8M
$-2.6M
Q2 25
$-4.1M
$-2.3M
Q1 25
$-2.8M
$-669.3K
Q4 24
$-21.0M
$5.3M
Q3 24
$-2.1M
$-1.6M
Q2 24
$-1.5M
$-2.2M
Q1 24
$-1.4M
$-2.8M
Gross Margin
AIRE
AIRE
BOC
BOC
Q4 25
62.7%
64.0%
Q3 25
51.9%
66.2%
Q2 25
49.6%
66.1%
Q1 25
56.0%
67.3%
Q4 24
71.1%
69.5%
Q3 24
66.6%
67.5%
Q2 24
70.7%
68.2%
Q1 24
10.7%
67.9%
Operating Margin
AIRE
AIRE
BOC
BOC
Q4 25
-507.8%
-4.2%
Q3 25
-342.4%
-3.7%
Q2 25
-326.5%
-2.9%
Q1 25
-261.7%
-2.9%
Q4 24
-524.6%
-4.6%
Q3 24
-479.1%
-2.7%
Q2 24
-1939.6%
-16.2%
Q1 24
-6397.0%
-8.1%
Net Margin
AIRE
AIRE
BOC
BOC
Q4 25
-541.6%
-23.1%
Q3 25
-400.1%
-9.0%
Q2 25
-328.3%
-8.2%
Q1 25
-307.9%
-2.4%
Q4 24
-3994.4%
19.1%
Q3 24
-618.6%
-5.8%
Q2 24
-2370.9%
-8.3%
Q1 24
-6946.9%
-11.0%
EPS (diluted)
AIRE
AIRE
BOC
BOC
Q4 25
$-0.02
$-0.23
Q3 25
$-0.07
$-0.08
Q2 25
$-0.08
$-0.07
Q1 25
$-0.06
$-0.02
Q4 24
$-0.47
$0.17
Q3 24
$-0.05
$-0.05
Q2 24
$-0.03
$-0.07
Q1 24
$-0.03
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRE
AIRE
BOC
BOC
Cash + ST InvestmentsLiquidity on hand
$7.8M
$56.8M
Total DebtLower is stronger
$25.7M
Stockholders' EquityBook value
$11.5M
$516.1M
Total Assets
$21.7M
$713.1M
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRE
AIRE
BOC
BOC
Q4 25
$7.8M
$56.8M
Q3 25
$67.6M
Q2 25
$587.3K
$68.6M
Q1 25
$1.2M
$69.2M
Q4 24
$3.1M
$73.2M
Q3 24
$7.1M
$58.6M
Q2 24
$3.7M
$53.1M
Q1 24
$4.8M
$53.4M
Total Debt
AIRE
AIRE
BOC
BOC
Q4 25
$25.7M
Q3 25
$25.9M
Q2 25
$152.9K
$26.1M
Q1 25
$26.3M
Q4 24
$241.1K
$26.5M
Q3 24
$26.7M
Q2 24
$26.9M
Q1 24
$27.1M
Stockholders' Equity
AIRE
AIRE
BOC
BOC
Q4 25
$11.5M
$516.1M
Q3 25
$10.9M
$528.4M
Q2 25
$-1.1M
$531.0M
Q1 25
$-972.3K
$533.3M
Q4 24
$1.6M
$532.8M
Q3 24
$22.5M
$527.7M
Q2 24
$22.2M
$530.5M
Q1 24
$23.3M
$536.2M
Total Assets
AIRE
AIRE
BOC
BOC
Q4 25
$21.7M
$713.1M
Q3 25
$19.7M
$721.4M
Q2 25
$15.5M
$730.6M
Q1 25
$18.5M
$730.8M
Q4 24
$12.0M
$728.3M
Q3 24
$34.2M
$711.9M
Q2 24
$24.6M
$723.1M
Q1 24
$25.4M
$757.3M
Debt / Equity
AIRE
AIRE
BOC
BOC
Q4 25
0.05×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.15×
0.05×
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRE
AIRE
BOC
BOC
Operating Cash FlowLast quarter
$-2.4M
$5.8M
Free Cash FlowOCF − Capex
$-2.4M
$-2.5M
FCF MarginFCF / Revenue
-270.9%
-8.4%
Capex IntensityCapex / Revenue
1.1%
28.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.3M
$-10.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRE
AIRE
BOC
BOC
Q4 25
$-2.4M
$5.8M
Q3 25
$-4.2M
$4.9M
Q2 25
$-2.3M
$4.6M
Q1 25
$-2.3M
$2.6M
Q4 24
$-2.2M
$9.1M
Q3 24
$-1.3M
$5.2M
Q2 24
$-1.0M
$4.5M
Q1 24
$-1.5M
$2.4M
Free Cash Flow
AIRE
AIRE
BOC
BOC
Q4 25
$-2.4M
$-2.5M
Q3 25
$-4.3M
$-489.4K
Q2 25
$-2.3M
$-2.7M
Q1 25
$-2.3M
$-4.3M
Q4 24
$619.5K
Q3 24
$-1.3M
$-1.2M
Q2 24
$-4.3M
Q1 24
$-6.0M
FCF Margin
AIRE
AIRE
BOC
BOC
Q4 25
-270.9%
-8.4%
Q3 25
-294.1%
-1.7%
Q2 25
-187.5%
-9.7%
Q1 25
-246.4%
-15.5%
Q4 24
2.2%
Q3 24
-372.2%
-4.4%
Q2 24
-15.9%
Q1 24
-23.6%
Capex Intensity
AIRE
AIRE
BOC
BOC
Q4 25
1.1%
28.0%
Q3 25
0.4%
18.9%
Q2 25
1.1%
25.9%
Q1 25
1.5%
24.7%
Q4 24
30.4%
Q3 24
2.2%
23.2%
Q2 24
32.6%
Q1 24
33.1%
Cash Conversion
AIRE
AIRE
BOC
BOC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.71×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRE
AIRE

Segment breakdown not available.

BOC
BOC

Billboard Rentals$11.9M40%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$10.0M34%
GIG$7.3M25%
Other$608.4K2%

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