OPAD Q3 2021 Earnings — Offerpad Solutions Inc. Revenue & Financial Results | Market Cap Arena

OPADOfferpad Solutions Inc.

$24M

Q3 2021 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$540M+189.9% YoY

Gross Profit

$53M9.8% margin

Operating Income

$3M0.6% margin

Net Income

-$15M-2.8% margin

EPS (Diluted)

$-1.98

QoQ Revenue Growth

+42.7%

Cash Flow

Operating Cash Flow

-$704M

Free Cash Flow

-$718M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$825M

Stockholders' Equity

$244M

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$540M	$186M	+189.9%
Gross Profit	$53M	$20M	+168.8%
Operating Income	$3M	-$2M	+280.0%
Net Income	-$15M	-$3M	-419.8%