Technology · Software - Application
Price
$0.47
Market Cap
$4.9M
Employees
19
Beta
0.54
Avg Volume
14,534,632
CEO
Kwai Hoi Ma
Business Description
Real Messenger Corporation delivers a technology platform designed for the real estate industry. It brings together agents, purchasers, vendors, and other sector professionals within a social networking environment. The company's platform offers features such as instant communication, document handling, and seamless interoperability with other real estate software applications.
Business History
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-0.48
Stock Price: $0.47
EPS (Diluted): -0.98
EPS (Diluted): -0.98
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.00
Stock Price: $0.47
Total Equity: $3.70M
Shares: 5,000
Total Equity: $3.70M
Shares: 5,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-0.52
Market Cap: $4.87M
Total Debt: $0.00
Cash: $2.58M
EBITDA: -$4.86M
Total Debt: $0.00
Cash: $2.58M
EBITDA: -$4.86M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
-$2.3M
Market Cap: $4.87M
Total Debt: $0.00
Cash: $2.58M
Total Debt: $0.00
Cash: $2.58M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.00
Stock Price: $0.47
Revenue: $0.00
Shares: 5,000
Revenue: $0.00
Shares: 5,000
EV/Sales (Total value vs revenue — works when P/E can't)
API0.00
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
0.0%
Gross Profit: $0.00
Revenue: $0.00
Revenue: $0.00
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
0.0%
Operating Income: -$4.89M
Revenue: $0.00
Revenue: $0.00
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
0.0%
Net Income: -$4,899
Revenue: $0.00
Revenue: $0.00
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-21.7%
Net Income: -$4,899
Total Equity: $3.70M
Total Equity: $3.70M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-124.2%
Operating Income: -$4.89M
Tax Rate: 0.0%
Equity: $3.70M
Total Debt: $0.00
Cash: $2.58M
Tax Rate: 0.0%
Equity: $3.70M
Total Debt: $0.00
Cash: $2.58M
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
19.70
Current Assets: $3.79M
Current Liabilities: $192,459
Current Liabilities: $192,459
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $3.70M
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $3.70M
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
—
Revenue: $0.00
Shares: 5,000
Shares: 5,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$740.36
Total Equity: $3.70M
Shares: 5,000
Shares: 5,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-802.58
Operating CF: -$4.01M
CapEx: $0.00
Shares: 5,000
CapEx: $0.00
Shares: 5,000
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $0.47
Stock Price: $0.47
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$4,899
Net Income: -$4,899
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares RMSG against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 7:29pm (5d ago)| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | $0 | $0 | $0 |
| Cost of Revenue | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 |
| Operating Expenses | $1.7M | $4,296 | $4.9M |
| Operating Income | -$1.7M | $-4,296 | -$4.9M |
| Net Income | -$1.7M | $-4,263 | $-4,899 |
| EBITDA | -$1.6M | $-4,285 | -$4.9M |
| EPS | $-0.18 | $-0.01 | $-0.98 |
| EPS (Diluted) | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:29pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash & Equivalents | $104,492 | $276 | $597,160 | $2.6M |
| Total Current Assets | $111,923 | $1,369 | $1.6M | $3.8M |
| Total Assets | $198,222 | $1,418 | $1.7M | $4.1M |
| Current Liabilities | $7.6M | $177 | $302,202 | $192,459 |
| Long-Term Debt | $0 | $0 | $5.0M | $0 |
| Total Liabilities | $7.6M | $177 | $5.3M | $349,010 |
| Total Equity | -$7.4M | $1,241 | -$3.7M | $3.7M |
| Retained Earnings | -$7.6M | $-11,847 | $-16,746 | -$20.1M |
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:29pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Cash Flow | -$1.6M | $-5,061 | -$4.8M | -$4.0M |
| Capital Expenditure | $-28,608 | $-32 | $-12,621 | $0 |
| Free Cash Flow | -$1.7M | $-5,093 | -$4.8M | -$4.0M |
| Acquisitions (net) | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — |
| Dividends Paid | — | — | — | — |
| Stock Buybacks | $0 | -$40.6M | -$2.8M | $0 |
| Net Change in Cash | $104,119 | $-589,193 | $321,010 | $2.0M |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:29pm (5d ago)| Metric | 2023 | 2024 |
|---|---|---|
| Revenue Growth | — | — |
| Gross Profit Growth | — | — |
| Operating Income Growth | +99.7% | -113,711.0% |
| Net Income Growth | +99.7% | -14.9% |
| EBITDA Growth | +99.7% | -113,339.2% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 9:05am (1h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-18 | MA Chun Fung Horace | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ko Felix Tak Shing | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ma Kwai Hoi | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ma Kwai Hoi | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ma Kwai Hoi | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ma Kwai Hoi | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Chung Wai Keung David | 0.00 | $0.00 | $0 | |
| 2026-03-18 | Ho Yee Ling | 0.00 | $0.00 | $0 | |
| 2006-10-16 | UCCIFERRI LOUIE | A-Award | 2,500,000.00 | $0.01 | $25,000 |
| 2006-10-16 | DHILLON HARINDER | A-Award | 8,000,000.00 | $0.01 | $80,000 |
| 2006-10-16 | DHILLON HARINDER | P-Purchase | 8,650,000.00 | $0.01 | $43,250 |
| 2005-08-01 | DHILLON HARINDER | A-Award | 400,000.00 | $0.13 | $52,000 |
| 2005-08-01 | DHILLON HARINDER | A-Award | 250,000.00 | $0.13 | $32,500 |
| 2004-11-30 | UCCIFERRI LOUIE | S-Sale | 250,000.00 | $0.27 | $66,250 |
| 2004-05-19 | CRANE BRYAN | P-Purchase | 6,500.00 | $0.76 | $4,940 |
| 2004-04-28 | CRANE BRYAN | M-Exempt | 525,000.00 | $0.08 | $42,000 |
| 2004-04-28 | CRANE BRYAN | M-Exempt | 612,500.00 | $0.08 | $49,000 |
| 2004-02-20 | DHILLON HARINDER | M-Exempt | 1,875,000.00 | $0.08 | $150,000 |
| 2004-02-20 | DHILLON HARINDER | M-Exempt | 1,875,000.00 | $0.08 | $150,000 |
| 2004-02-20 | FOX BRIAN | G-Gift | 68,000.00 | $0.16 | $10,880 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for RMSG — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30