OPAD Q3 2024 Earnings — Offerpad Solutions Inc. Revenue & Financial Results | Market Cap Arena

OPADOfferpad Solutions Inc.

$23M

Q3 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$208M-11.2% YoY

Gross Profit

$17M8.2% margin

Operating Income

-$9M-4.3% margin

Net Income

-$14M-6.5% margin

EPS (Diluted)

$-0.49

QoQ Revenue Growth

-17.1%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$39M

Stock-Based Comp.

$715,000

Balance Sheet

Total Assets

$338M

Total Liabilities

$274M

Stockholders' Equity

$65M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$208M	$234M	-11.2%
Gross Profit	$17M	$24M	-28.5%
Operating Income	-$9M	-$20M	+54.3%
Net Income	-$14M	-$20M	+32.3%