Financial Snapshot

Revenue
$20.16M
TTM
Gross Margin
621.1%
TTM
Net Earnings
-$208.0M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$388.0K
Q3 2024
Cash
Q3 2024
P/E
-0.9733
Nov 29, 2024 EST
Free Cash Flow
-$351.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $88.50M $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $88.50M $0.00 $0.00 $0.00
Cost Of Revenue $109.2M
Gross Profit -$20.71M
Gross Profit Margin -23.4%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $169.3M
YoY Change
% of Gross Profit
Research & Development $83.82M $124.3M
YoY Change -32.57%
% of Gross Profit
Depreciation & Amortization $42.89M $13.70M
YoY Change 213.07%
% of Gross Profit
Operating Expenses $253.1M $8.578M $7.391M $20.00K
YoY Change 2850.83% 16.05% 36854.8%
Operating Profit -$273.8M -$8.578M -$7.391M
YoY Change 3092.25% 16.05%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense -$256.5M $4.262M $19.53K
YoY Change -6118.44% 21723.96%
% of Operating Profit
Other Income/Expense, Net $13.37M $13.05M $2.333M
YoY Change 2.47% 459.48%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$534.4M $8.736M -$5.039M -$20.00K
YoY Change -6217.79% -273.37% 25093.8%
Income Tax $1.998M $1.100M
% Of Pretax Income 12.59%
Net Earnings -$536.4M $8.736M -$5.039M -$20.00K
YoY Change -6240.66% -273.37% 25093.82%
Net Earnings / Revenue -606.12%
Basic Earnings Per Share -$1.16 -$3.01
Diluted Earnings Per Share -$0.71 $0.25 -$145.0K -$680.70

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $503.6M $285.3K $37.65K
YoY Change 176406.61% 657.8%
Cash & Equivalents $503.6M
Short-Term Investments
Other Short-Term Assets $27.86M $133.9K $526.7K $10.00K
YoY Change 20708.93% -74.58% 5166.7%
Inventory $0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $548.3M $419.2K $1.067M $10.00K
YoY Change 130712.06% -60.72% 10572.8%
Property, Plant & Equipment $36.44M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $25.60M $282.3M $278.0M
YoY Change -90.93% 1.53%
Other Assets $24.48M $560.0K
YoY Change
Total Long-Term Assets $357.2M $282.3M $278.0M $550.0K
YoY Change 26.54% 1.53% 50449.53%
Total Assets $905.6M $282.7M $279.1M $560.0K
YoY Change
Accounts Payable $66.56M $4.712M $5.622M
YoY Change 1312.52% -16.19%
Accrued Expenses $31.20M $530.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $11.84M $2.812M $1.412M $30.00K
YoY Change 320.96% 99.14% 4607.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $113.0M $15.02M $7.035M $560.0K
YoY Change 651.94% 113.57% 1156.2%
Long-Term Debt $640.9M $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $29.12M $472.5K $21.85M
YoY Change 6062.2% -97.84%
Total Long-Term Liabilities $670.0M $472.5K $21.85M $0.00
YoY Change 141691.5% -97.84%
Total Liabilities $783.0M $15.50M $28.88M $560.0K
YoY Change 4952.33% -46.34% 5057.24%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 461.7M shares 24.30M 19.83M
Diluted Shares Outstanding 461.7M shares 291.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $202.48 Million

About Better Home & Finance Holding Co

Better Home & Finance Holding Co is a US-based company operating in Financial Services industry. The company is headquartered in New York City, New York. The company went IPO on 2021-03-04. Better Home & Finance Holding Company is a homeownership company. The firm serves customers in the United States and United Kingdom through its suite of products, including residential mortgage, insurance and real estate services. Its technology platform, Tinman, allows customers to see their rate options, get pre-approved, lock in rates and get connected to a real estate agent, and close their loan. The company offers Home Finance (home loan) products and Better Plus (non-mortgage) products. Its suite of products and services is powered by the Company’s technology platform, Tinman. The firm offers a range of mortgage loan products, including GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage loans. The firm offers 'One-Day Mortgage' program that allows customers to receive an underwriting determination on their mortgage loan application, in the form of a commitment letter, after locking in their interest rate.

Industry: Loan Brokers Peers: Finance of America Companies Inc. INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ ONITY GROUP INC. Rocket Companies, Inc. SECURITY NATIONAL FINANCIAL CORP Waterstone Financial, Inc. Velocity Financial, Inc.