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May 28, 2026 8:00 PM

RESAAS SERVICES INC. REPORTS Q1 2026 FINANCIAL RESULTS

98% Year-Over-Year Revenue Growth; Company Achieves Net Income Profitability; Secures Two Landmark Global Enterprise Agreements

VANCOUVER, BC, May 28, 2026 /CNW/ - RESAAS Services Inc. ("RESAAS" or "the Company") (TSXV:RSS) (OTCQB:RSASF), a technology company modernizing collaboration, payments, and data exchange across the global real estate industry, today announced its financial results for the first quarter ended March 31, 2026. The Company delivered a record revenue quarter on a year-over-year basis, achieved net profitability, and expanded its enterprise client roster with two globally recognized real estate brands, underscoring the growing commercial validation of its platform.

Q1 2026 FINANCIAL & OPERATIONAL HIGHLIGHTS

Revenue of $302,470 in Q1 2026, representing 98% growth year-over-year compared to $152,681 in Q1 2025

Net income of $8,627 in Q1 2026, a $77,672 improvement versus a net loss of $(69,045) in Q1 2025, marking a significant inflection toward profitability

Positive operating cash flow of $6,593 for the quarter

Cash position increased to $63,373 at March 31, 2026, up from $42,527 at December 31, 2025, driven by revenue collections

Working capital deficiency improved by $15,260 quarter-over-quarter to $(891,312) at March 31, 2026

Savills, a leading global real estate services firm, selected RESAAS to power its new global referral platform (February 2026)

Chestertons, an internationally recognized real estate brand, selected RESAAS to power its global referral platform (March 2026)

Snowflake integration launched, enabling enterprise customers to synchronize RESAAS data into Snowflake's AI Data Cloud

Subsequent to quarter-end: closed a $1,800,000 non-brokered private placement at $0.45 per share (April 20, 2026), strengthening the balance sheet

FINANCIAL RESULTS

Selected Financial Data (CAD$)

Q1 2026

Q1 2025

Revenue

$302,470

$152,681

Net Income (Loss)

$8,627

$(69,045)

Operating Cash Flow

$6,593

$34,773

Cash & Cash Equivalents

$63,373

$105,700

Total Assets

$105,834

$145,530

Working Capital Deficiency

$(891,312)

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