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OPAD Q2 2023 Earnings — Offerpad Solutions Inc. Revenue & Financial Results | Market Cap Arena
OPAD
Offerpad Solutions Inc.
$23M
Q2 2023 Earnings
Real Estate
Real Estate - Services
Income Statement
Revenue
$230M
-78.7% YoY
Gross Profit
$22M
9.7% margin
Operating Income
-$22M
-9.5% margin
Net Income
-$22M
-9.7% margin
EPS (Diluted)
$-0.82
QoQ Revenue Growth
-62.2%
Cash Flow
Operating Cash Flow
-$55M
Free Cash Flow
-$55M
Stock-Based Comp.
$2M
Balance Sheet
Total Assets
$353M
Total Liabilities
$220M
Stockholders' Equity
$133M
Cash & Equivalents
$116M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$230M
$1.1B
-78.7%
Gross Profit
$22M
$93M
-76.1%
Operating Income
-$22M
$8M
-360.6%
Net Income
-$22M
$12M
-293.3%
← FY 2023
All Quarters
Q3 2023 →