# TAP Real Estate Technologies, Inc. (RWAX)

- SEC CIK: 0001119190 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001119190))
- Full page: https://inspectstocks.com/stocks/rwax
- Data as of: newest filing used 2026-11-12; latest fiscal period ended 2026-09-30

## Grade

**C** on the balance-sheet rubric used for lenders, 2 of 4 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -$14.7M |  |
| Earnings growing overall | passed | -$14.7M | -$15.5M |
| Earnings growing recently | passed | -$14.7M | -$16M |
| Earns well on its assets | failed | -840.2% |  |
| Book value per share growing | not answerable |  |  |

Business quality (the + / − mark): 2 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -24,173.4% |  |
| Healthy profit margin | failed | -24,173.4% |  |
| Strong operating margin | failed | -7,532.1% |  |
| Good return on equity | passed | 513.6% |  |
| Debt under control | passed | -0.08 |  |
| Turns sales into cash | failed | -19,182.3% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $61K |
| Net income, trailing twelve months | -$14.7M |
| Net margin | -24,173.4% |
| Operating margin | -7,532.1% |
| Return on equity | 513.6% |
| Debt to equity | -0.08 |
| Diluted EPS, trailing twelve months | $0.00 |

## More on this company

- [Overview](https://inspectstocks.com/stocks/rwax)
- [Financial statements](https://inspectstocks.com/stocks/rwax/financials)
- [Competitors](https://inspectstocks.com/stocks/rwax/peers)
- [Earnings](https://inspectstocks.com/stocks/rwax/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.