Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 62

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 4
Chunk 62
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, engagement, and productivity of agents over time. Strong retention supports commission consistency,
reduces churn-related costs, and indicates the strength of our value proposition, including technology, support, and brand
equity.

(v)
Technology Adoption Rate

Our proprietary software
platform is a key enabler of operational scale and differentiation. Once we generate revenue from our platform, we will monitor the percentage
of agents actively using our core tools - including CRM, RealAI, marketing automation, deal tracking, and listing syndication. Adoption
is tracked both at the brokerage level and the individual agent level. This metric will reflecs successful onboarding, training efficacy,
and integration maturity, and is strongly correlated with improvements in agent output, team efficiency, and brand stickiness.

(vi)
User Revenue

While consumer-facing monetization
is no longer our primary business model, we will measure future potential revenue derived from homebuyers, sellers, owners, and investors
who use our ecosystem tools. This is expected to include subscription fees for advanced data tools, listing services, and communication
features offered via our platform. We expect focus on high-quality, recurring potential future revenue from these user segments and continue
to refine our value proposition based on usage data and feedback.

(vii)
Inside Sales and Ecosystem Revenue

This metric will track potential
future revenue generated from within our network - whether through upselling services to brokerage teams, referrals to ecosystem
vendors (e. g., mortgage, title, insurance), or in-app purchases by agents and users. As our ecosystem is established and matures, we
expect inside sales and marketplace monetization to become a meaningful driver of growth. This growth also would include ancillary SaaS
tools, media production, advertising, and AI features sold internally to our owned brokerages or partner agents.

Evolving
Toward a Durable, Scalable Operating Model

These revised key metrics provide us with a more accurate and actionable
lens through which to manage and scale our potential future revenue and our operations. They align with our strategic priorities: acquiring
profitable businesses, retaining productive talent, embedding technology at the core of brokerage operations, and establishing and expanding
our footprint globally. As we move forward, we will report against these metrics to demonstrate our operational execution, value creation
through M& A, and technology-led competitive edge.

Our
Solutions

We
provide real estate agents and their teams of all sizes with solutions designed to attract leads within our global network, enable them
to be more productive