OPADOfferpad Solutions Inc.

$23M

Q1 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$1.4B+383.8% YoY

Gross Profit

$132M9.6% margin

Operating Income

$44M3.2% margin

Net Income

$41M3.0% margin

EPS (Diluted)

$2.40

QoQ Revenue Growth

+58.4%

Cash Flow

Operating Cash Flow

$280M

Free Cash Flow

$279M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$847M

Stockholders' Equity

$303M

Cash & Equivalents

$198M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$284M	+383.8%
Gross Profit	$132M	$34M	+294.0%
Operating Income	$44M	$1M	+2975.8%
Net Income	$41M	-$233,000	+17691.4%

OPAD Q1 2022 Earnings — Offerpad Solutions Inc. Revenue & Financial Results | Market Cap Arena