OPAD Q4 2022 Earnings — Offerpad Solutions Inc. Revenue & Financial Results | Market Cap Arena

OPADOfferpad Solutions Inc.

$23M

Q4 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$677M-21.9% YoY

Gross Profit

-$45M-6.6% margin

Operating Income

-$110M-16.2% margin

Net Income

-$121M-17.9% margin

EPS (Diluted)

$-7.35

QoQ Revenue Growth

-17.6%

Cash Flow

Operating Cash Flow

$397M

Free Cash Flow

$397M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$825M

Total Liabilities

$703M

Stockholders' Equity

$122M

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$677M	$868M	-21.9%
Gross Profit	-$45M	$70M	-163.8%
Operating Income	-$110M	$3M	-3395.3%
Net Income	-$121M	$13M	-1045.9%