OPAD Q4 2023 Earnings — Offerpad Solutions Inc. Revenue & Financial Results | Market Cap Arena

OPADOfferpad Solutions Inc.

$23M

Q4 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$240M-64.5% YoY

Gross Profit

$17M6.9% margin

Operating Income

-$11M-4.7% margin

Net Income

-$15M-6.4% margin

EPS (Diluted)

$-0.57

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$15M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$380M

Total Liabilities

$278M

Stockholders' Equity

$102M

Cash & Equivalents

$76M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$240M	$677M	-64.5%
Gross Profit	$17M	-$45M	+137.2%
Operating Income	-$11M	-$110M	+89.8%
Net Income	-$15M	-$121M	+87.3%