Real Messenger (RMSG)
Real-estate social app building brokerage, agent-software, and property-discovery tools.
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Runs a real-estate social app with property discovery, agent content, messaging, CRM, and listing tools. Its planned model combines brokerage commissions, software licensing, and value-added services, while recognized revenue has so far come solely from advisory services.
Operates a real-estate social portal built around property discovery, agent-created content, profiles, direct chat, and its RealPin and RealMoment formats. The iPhone app also advertises paid Premium Agent and Premium Member subscriptions, while its software layer includes social feeds, search, CRM, listing management, and connections with MLS systems, portals, and brokerage websites.
Plans to combine the consumer network with a digital-first brokerage and agent-software platform. Its intended model pairs brokerage commissions with technology licensing, premium marketing, lead generation, and analytics, largely through acquisitions or brokerage partnerships. Recognized revenue has come only from advisory services, rather than brokerage, SaaS, or online-platform operations. Product development, employees, and long-lived assets are concentrated in Hong Kong while the United States is the initial commercial focus.
Company facts
Categories
No analyst consensus on record.
Not reported.
Balance sheet, Mar 31, 2026Cash & short-term investments $322.0K · Total debt $156.9K · Total assets $995.4K · Shareholders' equity $486.8K
- Revenue
- $0
- Operating income
- −$193.0K
- Net income
- −$77.6K
No dividends on record.
| Institutions5 holders · as of Mar 31, 2026 | 0.54% | 57.0K shares | |
| Insiders2 holders · as of Apr 9, 2026 | 39.35% | 4.12M shares | |
| Strategic holders1 holder · as of May 8, 2026 | 9.67% | 1.01M shares | |
| Otherremainder | 50.44% | 5.28M shares |
10.47M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Kwai Hoi MaInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 39.16% | 2.97M · 1.13M | Form 4filed Mar 19, 2026 ↗ |
Alta Partners LLCStrategic | 9.67% | 1.01M | 13Gfiled May 8, 2026 ↗ |
XTX Topco LtdInstitution | 0.24% | 24,838 | 13Fas of Mar 31, 2026 |
Bank of Montreal /Can/Institution | 0.19% | 20,000 | 13Fas of Mar 31, 2026 |
Chun Fung Horace MAInsiderdirector | 0.19% | 20,000 | Form 4filed Apr 9, 2026 ↗ |
| See all 8 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
Nothing filed in the last 12 months.
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Real Messenger | $0.3480 | −1.72% | $3.7M | — | — | 125.7 | — |
| Zillow Group Class C | $34.50 | −0.20% | $8.31B | 156.5 | 13.5 | 3.0 | +17.9% |
| Compass | $10.68 | +0.75% | $6.44B | 98.6 | 145.6 | 0.6 | +109.1% |
| eXp World | $4.73 | +3.28% | $753.3M | — | 51.6 | 0.2 | +5.3% |
| CoStar Group | $31.59 | +1.06% | $12.67B | 170.3 | 20.1 | 3.6 | +18.4% |
| Meta | $596.89 | +0.68% | $1.51T | 22.3 | 19.4 | 6.6 | +28.0% |
| Real Brokerage | $18.70 | +3.83% | $393.0M | — | 221.4 | 0.2 | +29.6% |
| Median | 127.6 | 35.9 | 1.8 | +23.2% |