OPAD Q2 2021 Earnings — Offerpad Solutions Inc. Revenue & Financial Results | Market Cap Arena

OPADOfferpad Solutions Inc.

$23M

Q2 2021 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$379M+31.9% YoY

Gross Profit

$51M13.4% margin

Operating Income

$12M3.0% margin

Net Income

$9M2.4% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+33.3%

Cash Flow

Operating Cash Flow

-$249M

Free Cash Flow

-$254M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$573M

Total Liabilities

$522M

Stockholders' Equity

$52M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$379M	$287M	+31.9%
Gross Profit	$51M	$18M	+184.8%
Operating Income	$12M	-$5M	+320.0%
Net Income	$9M	-$7M	+224.4%