Wholesale-Durable Goods · SIC 5000

TAP REAL ESTATE TECHNOLOGIES, INC.

RWAX

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Latest revenue

$114.1K

as of 2024-09-30

Latest net income

$-2.3M

as of 2024-09-30

Net margin

-2042.8%

as of 2024-09-30

Price · 5Y

-83.3% / yr 97.0 pts / yr vs S&P 500 100.0% total
Compare:

Live market

delayed ≤15 min
$0.00
0.00%
Market cap
$12.1M
Enterprise value
$12.1M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$0.00
52-wk low
$0.00
Beta
Shares out
60.67B

5-year trend

What this company does

AI

ITEM 1. BUSINESS OVERVIEW TAP Real Estate Technologies, Inc. (formerly HUMBL, Inc.) (“Company” or “TAP Real Estate” or “HUMBL”) was incorporated in the state of Oklahoma on November 12, 2009. The Company was redomiciled on November 30, 2020 to the state of Delaware. The name change to TAP Real Estate occurred on March 4, 2026. On December 3, 2020, HUMBL, LLC (“HUMBL LLC”) merged into the Company in what is accounted for as a reverse merger. Under the terms of the Merger Agreement, HUMBL LLC exchanged 100% of their membership interests for 552,029 shares of newly created Series B Preferred Stock. The Series B Preferred shares were issued to the respective members of HUMBL LLC following the…

AI summary unavailable — showing raw filing excerpt

Generated from RWAX's filing dated 2026-03-31

Key risks

AI

ITEM 1A. RISK FACTORS Our operations and financial results are subject to various risks and uncertainties, including those described below. You should consider and read carefully all of the risks and uncertainties described below, together with all of the other information contained in this Annual Report on Form 10-K, including the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes, before making an investment decision. The risks described below are not the only ones we face. The occurrence of any of the following risks or additional risks and uncertainties not presently known to…

AI summary unavailable — showing raw filing excerpt

Generated from RWAX's filing dated 2026-03-31

Profitability

Gross margin

55.9%

13.3%

Operating margin

-1330.7%

10.6%

Net margin

-428.6%

75.6%

Return on equity

556.5%

33.4%

Return on assets

-1178.4%

1794.2%

Leverage

Debt / equity

-1.47×

80.9%

Long-term debt / equity

-0.00×

98.9%

Debt / assets

311.7%

171.3%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$-3.0M-124.4%

Q4 2025

2025-12-31

$-17.4M-88.9%

Q3 2025

2025-09-30

$-7.8M-235.6%

Q2 2025

2025-06-30

$-2.9M-9.1%

Q1 2025

2025-03-31

$12.2M+5344.8%

Q4 2024

2024-12-31

$-9.2M

Q3 2024

2024-09-30

$114.1K+31.6%$-2.3M-319.8%-2042.8%

Q2 2024

2024-06-30

$156.9K+32.3%$-2.7M-10209.1%-1703.9%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Wholesale-Durable Goods · SIC 5000

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Insider activity

No insider transactions on file for RWAX in the last 12 months.

Source: SEC Form 4 filings. Backfill runs nightly.

Who owns RWAX

No institutional holdings on file for RWAX yet.

Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).

Top questions investors are asking

Coming once RWAX's latest filing finishes processing.