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Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, Federal Housing Administration insured loans, Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It offers real estate agent services, title insurance and settlement services, and homeowners insurance services. It also offers home equity lines of credit and closed-end second-lien loans. The company formerly known as Better Mortgage Corporation and changed its name to Better Home & Finance Holding Company in August 2023. Better Home & Finance Holding Company is headquartered in New York, New York.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -165.82M | -205.44M | -534.42M | -887.70M | -303.51M |
| Net income | -165.87M | -206.29M | -536.42M | -888.80M | -301.13M |
| Selling general administrative | 83.68M | 52.23M | 92.84M | 112.16M | 100.69M |
| Selling and marketing expenses | - | 33.98M | 22.08M | 69.02M | 248.90M |
| Gross profit | 148.73M | -42.52M | -61.31M | -295.97M | 342.30M |
| Reconciled depreciation | 14.07M | 33.23M | 42.89M | 49.42M | 27.22M |
| Ebit | -122.97M | -188.02M | -502.83M | -531.96M | -183.44M |
| Ebitda | -108.91M | -154.79M | -459.94M | -523.38M | -175.32M |
| Depreciation and amortization | 14.07M | 33.23M | 42.89M | 8.58M | 8.12M |
| Operating income | -122.97M | -188.02M | -291.28M | -870.83M | -239.68M |
| Other operating expenses | 314.35M | 308.07M | 379.78M | 967.17M | 1369.91M |
| Interest expense | 42.84M | - | 31.60M | 303.18M | 100.97M |
| Tax provision | 0.05M | 0.85M | 2.00M | 1.10M | -2.38M |
| Net interest income | - | - | -31.60M | -303.18M | -100.97M |
| Income tax expense | 0.05M | 0.85M | 2.00M | 1.10M | -2.38M |
| Total revenue | 191.37M | 120.05M | 88.50M | 361.09M | 1217.21M |
| Total operating expenses | 271.71M | 145.49M | 229.97M | 310.10M | 495.00M |
| Cost of revenue | 42.64M | 162.58M | 149.81M | 657.07M | 874.91M |
| Total other income expense net | -42.84M | -17.42M | -243.15M | -17.06M | -63.84M |
| Net income from continuing ops | -165.87M | -206.29M | -536.42M | -877.08M | -301.13M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1505.43M | 913.06M | 905.55M | 1086.52M | 3299.72M |
| Intangible assets | 21.98M | 20.94M | 38.13M | 62.00M | 72.49M |
| Other current assets | - | 63.24M | - | - | - |
| Total liab | 1468.25M | 971.23M | 782.95M | 1260.34M | 2623.28M |
| Total stockholder equity | 37.18M | -58.17M | 122.60M | -173.82M | 676.44M |
| Other current liab | -832.91M | 6.19M | - | - | - |
| Common stock | 0.00M | 0.00M | - | - | - |
| Capital stock | 0.00M | 0.00M | 0.07M | 436.29M | 436.29M |
| Retained earnings | -2076.24M | -1910.37M | -1704.08M | -1181.41M | -292.61M |
| Good will | 10.99M | 23.61M | 32.39M | 18.52M | 19.81M |
| Cash | 116.61M | 211.10M | 503.59M | 317.96M | 938.32M |
| Total current liabilities | 416.49M | 435.56M | 208.26M | 1021.24M | 2340.07M |
| Current deferred revenue | 762.98M | 137.17M | - | - | - |
| Net debt | 498.68M | 556.80M | 137.27M | 720.49M | 1355.95M |
| Short term debt | 411.86M | 244.07M | - | - | - |
| Short long term debt | 411.86M | 244.07M | 126.22M | 894.05M | 2145.25M |
| Short long term debt total | 615.29M | 767.90M | - | - | - |
| Other stockholder equity | 2109.76M | 1854.13M | - | - | - |
| Total current assets | 241.27M | 861.86M | 792.09M | 693.87M | 3085.93M |
| Short term investments | 103.61M | 53.77M | 25.60M | - | - |
| Net receivables | 21.05M | 32.19M | - | - | - |
| Long term debt | 198.80M | 519.75M | 514.64M | 144.40M | 149.02M |
| Inventory | - | 501.56M | 0.00M | 1.14M | 1.12M |
| Accounts payable | 74.56M | 48.13M | 66.56M | 88.98M | 133.26M |
| Accumulated other comprehensive income | 3.66M | -1.94M | - | - | - |
| Non currrent assets other | 496.67M | 2.54M | 4.79M | - | 14.26M |
| Non current assets total | 1264.16M | 51.19M | 113.47M | 392.65M | 213.79M |
| Capital lease obligations | 4.63M | 4.08M | 31.20M | 60.05M | 73.66M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -46.36M | -143.81M | -38.59M | -34.58M | -68.70M |
| Total cashflows from investing activities | -595.93M | -143.81M | - | - | - |
| Net borrowings | 56.19M | 116.75M | - | - | - |
| Total cash from financing activities | 714.34M | 239.13M | 381.40M | -1537.10M | 304.54M |
| Net income | -165.87M | -206.29M | -536.42M | -888.80M | -301.13M |
| Change in cash | -118.90M | -292.55M | 182.00M | -632.81M | 597.09M |
| Begin period cash flow | 235.52M | 528.07M | 346.06M | 978.87M | 381.79M |
| End period cash flow | 116.61M | 235.52M | 528.07M | 346.06M | 978.87M |
| Total cash from operating activities | -232.15M | -379.97M | -159.72M | 938.22M | 361.21M |
| Issuance of capital stock | 29.22M | 0.00M | 16.35M | 0.00M | - |
| Depreciation | 14.07M | 33.23M | 42.89M | 49.04M | 27.22M |
| Other cashflows from investing activities | -472.76M | -105.17M | - | - | - |
| Change to account receivables | 2.29M | -1.91M | -0.10M | 0.50M | -0.50M |
| Sale purchase of stock | - | - | 0.00M | -7.95M | -5.65M |
| Other cashflows from financing activities | - | 122.29M | 1.81M | 0.73M | 21.19M |
| Capital expenditures | 1.19M | 10.08M | 9.78M | 35.28M | 68.65M |
| Change in working capital | 26.33M | -10.28M | -52.93M | -10551.48M | -51374.38M |
| Stock based compensation | 20.43M | 26.75M | 54.16M | 30.54M | 55.22M |
| Other non cash items | -106.68M | -223.38M | 332.58M | 12317.75M | 51835.98M |
| Free cash flow | -233.35M | -390.05M | -169.50M | 902.94M | 292.57M |
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| BETRW Better Home & Finance Holding Company |
0.00 2.05% |
0.14 | - | - | - | - |
| DOGEF Orsted A/S |
0.35 1.82% |
19.60 | 28.82 | 0.66 | 6.50 | 0.07 |
| TBB AT&T Inc. 5.35% GLB NTS 66 |
-0.15 0.84% |
17.63 | 4.60 | - | - | - |
| CCZ Comcast Holdings Corp |
0.25 0.40% |
62.55 | 55.07 | - | - | - |
| STMZF Scottish Mortgage Investment Trust PLC |
-0.50 2.44% |
20.00 | - | - | 2.56 | - |
Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, Federal Housing Administration insured loans, Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It offers real estate agent services, title insurance and settlement services, and homeowners insurance services. It also offers home equity lines of credit and closed-end second-lien loans. The company formerly known as Better Mortgage Corporation and changed its name to Better Home & Finance Holding Company in August 2023. Better Home & Finance Holding Company is headquartered in New York, New York.
| Name | Title | Year Born |
|---|---|---|
| Mr. Vishal Garg | Co-Founder, CEO & Director | 1978 |
| Mr. Kevin J. Ryan | CFO & President | 1970 |
| Mr. Nicholas Calamari J.D. | Chief Administrative Officer & Senior Counsel | 1979 |
| Ms. Paula A. Tuffin | General Counsel, Chief Compliance Officer & Secretary | 1963 |
| Mr. Stephen M. Riddell | Head of Sales | 1956 |
| Mr. Sushil Sharma | Chief Growth Officer | 1977 |
| Mr. Ryan Jewison | Head of Cover | NA |
| Nick Taylor | Head of Real Estate | NA |
| Mr. Josh Durodola | Head of Services | NA |
| Mr. Jerome John Selitto | Treasurer | 1942 |
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