MSFT 435.0 0.7061% AAPL 230.65 -1.2924% NVDA 139.965 -0.9097% GOOGL 176.965 4.2934% GOOG 178.65 4.3882% AMZN 193.73 1.5197% META 594.31 0.1736% AVGO 177.28 -1.0935% TSLA 262.2401 1.0481% TSM 195.14 -0.914% LLY 831.501 -7.977% V 291.3 3.3418% JPM 224.685 0.8008% UNH 564.77 0.4696% NVO 113.15 1.0448% WMT 81.58 -0.1469% LVMUY 134.2 -1.4033% XOM 117.0342 -0.2096% LVMHF 670.0 -1.3008% MA 513.51 1.4281%

Offerpad Solutions Inc

Real Estate US OPAD

3.0USD
-0.04(1.32%)

Last update at 2024-10-30T19:00:00Z

Day Range

2.963.12
LowHigh

52 Week Range

5.6319.35
LowHigh

Fundamentals

  • Previous Close 3.04
  • Market Cap269.06M
  • Volume19274
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-202.24701M
  • Revenue TTM1751.17M
  • Revenue Per Share TTM73.94
  • Gross Profit TTM 182.42M
  • Diluted EPS TTM-11.36

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -148.25400M 6.63M -22.95500M -51.69800M -
Minority interest - - - - -
Net income -148.61300M 6.46M -23.11800M -51.95200M -
Selling general administrative 58.72M 30.32M 17.48M 15.11M -
Selling and marketing expenses 238.93M 146.87M 76.79M 85.23M -
Gross profit 182.42M 207.81M 87.78M 74.39M -
Reconciled depreciation 1.02M 0.52M 0.43M 0.38M -
Ebit -127.31700M 19.77M -13.75800M -33.40000M -14.10200M
Ebitda -124.76300M 20.54M -12.49000M -33.02300M -
Depreciation and amortization 2.55M 0.77M 1.27M 0.38M -
Non operating income net other - - - - -
Operating income -127.31700M 19.77M -13.75800M -33.40000M -
Other operating expenses 4079.63M 2050.68M 1078.02M 1109.28M -
Interest expense 45.99M 15.85M 10.03M 18.30M 0.00000M
Tax provision 0.36M 0.17M 0.16M 0.25M -
Interest income - - - - -
Net interest income -45.99100M -15.84800M -10.03100M -18.29800M -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.36M 0.17M 0.16M 0.25M 0.51M
Total revenue 3952.31M 2070.45M 1064.26M 1075.88M -
Total operating expenses 309.74M 188.05M 101.54M 107.79M -
Cost of revenue 3769.89M 1862.63M 976.48M 1001.50M -
Total other income expense net -20.93700M -13.13600M -9.19700M -18.29800M -
Discontinued operations - - - - -
Net income from continuing ops -148.61300M 6.46M -23.11800M -51.95200M -
Net income applicable to common shares -148.61300M 6.46M -23.11800M -51.95200M -32.93700M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 825.07M 1353.08M 235.87M -
Intangible assets - - - -
Earning assets - - - -
Other current assets 6.83M 34.42M 9.68M 7.03M
Total liab 703.19M 1095.51M 379.13M -
Total stockholder equity 121.88M 257.57M -143.25800M -
Deferred long term liab - - - -
Other current liab 28.25M 35.03M 11.18M -
Common stock 0.03M 0.02M 384.56M -
Capital stock 0.03M 0.02M 0.00000M -
Retained earnings -280.66900M -132.05600M -138.51600M -115.39800M
Other liab 0.54M 27.89M - -
Good will - - - -
Other assets 0.23M 4.96M 0.35M 0.50M
Cash 97.24M 169.82M 43.94M -
Cash and equivalents - - - -
Total current liabilities 698.96M 1067.62M 190.30M 353.09M
Current deferred revenue - - - -
Net debt 568.82M 856.38M 137.74M -
Short term debt 666.07M 1026.20M 176.97M -
Short long term debt 666.07M 1026.20M 176.97M -
Short long term debt total 666.07M 1026.20M 181.68M -
Other stockholder equity 402.52M 389.60M -389.29933M -
Property plant equipment 10.66M 5.15M 8.23M 5.81M
Total current assets 814.18M 1342.98M 227.29M 379.58M
Long term investments - - - -
Net tangible assets 121.88M 257.57M -143.25800M -121.50300M
Short term investments - - 402.58M -
Net receivables 2.35M 6.17M 2.31M 3.25M
Long term debt - - 4.71M -
Inventory 664.70M 1132.57M 171.36M 343.61M
Accounts payable 4.65M 6.40M 2.15M 1.31M
Total permanent equity - - - -
Noncontrolling interest in consolidated entity - - - -
Temporary equity redeemable noncontrolling interests - - - -
Accumulated other comprehensive income - - - -
Additional paid in capital - - - -
Common stock total equity - - 384.56M -
Preferred stock total equity - - - -
Retained earnings total equity - - - -
Treasury stock - - - -
Accumulated amortization - - - -
Non currrent assets other 5.70M 4.96M 8.58M -
Deferred long term asset charges - - - -
Non current assets total 10.89M 10.11M 8.58M -
Capital lease obligations 2.26M 1.34M 0.00000M -
Long term debt total - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -1.07000M -11.65500M -2.85800M -0.97900M -
Change to liabilities -1.75200M 4.13M 0.84M -2.42100M 3.50M
Total cashflows from investing activities -1.07000M -11.65500M -2.85800M -0.97900M -2.02700M
Net borrowings -362.43300M 851.23M -160.51300M 58.43M 57.12M
Total cash from financing activities -358.46600M 1077.27M -131.14700M 122.50M 88.76M
Change to operating activities -4.67700M 16.27M 1.90M 2.52M -0.75800M
Net income -148.61300M 6.46M -23.11800M -51.95200M -32.93700M
Change in cash -54.13400M 143.69M 20.86M 12.55M 8.05M
Begin period cash flow 194.43M 50.74M 29.88M 17.33M -
End period cash flow 140.30M 194.43M 50.74M 29.88M 17.33M
Total cash from operating activities 305.40M -921.92000M 154.86M -108.97400M -78.68700M
Issuance of capital stock 0.00000M 0.00000M 29.82M 74.60M -
Depreciation 1.02M 0.52M 0.43M 0.38M 0.19M
Other cashflows from investing activities - - - - -
Dividends paid - - - - -
Change to inventory 374.06M -949.59100M 169.08M -60.73100M -52.99200M
Change to account receivables 3.81M -3.84500M 0.94M -1.07500M 0.47M
Sale purchase of stock - 0.00000M 0.00000M -10.65000M -
Other cashflows from financing activities 3177.10M 3041.35M 829.36M 1152.50M -0.05200M
Change to netincome 78.59M 3.21M 4.53M 4.27M 3.83M
Capital expenditures 1.07M 13.69M 2.86M 1.04M 2.26M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 371.45M -933.03100M 172.75M -61.70900M -
Stock based compensation 8.31M 3.08M 1.36M 1.27M -
Other non cash items 73.24M 0.92M 0.26M 0.04M -
Free cash flow 304.33M -935.60700M 152.01M -110.01300M -

Peer Comparison

Sector: Real Estate Industry: Real Estate Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
OPAD
Offerpad Solutions Inc
-0.04 1.32% 3.00 - 2.96 0.16 2.39 0.26 -2.3238
MSGNF
Man Sang International Limited
- -% 0.10 - - 844.75 3.95 3.76 -1.3608
CSGP
CoStar Group Inc
0.53 0.72% 73.77 115.64 227.27 15.03 5.03 13.36 84.12
CBRE
CBRE Group Inc Class A
2.10 1.60% 133.01 48.39 21.28 0.89 3.56 1.02 22.10
CLLNY
Cellnex Telecom S.A
-0.045 0.24% 18.63 - 147.06 7.53 1.81 13.65 18.14

Reports Covered

Stock Research & News

Profile

Offerpad Solutions Inc., together with its subsidiaries, engages in buying, selling, renting, and renovating properties to homeowners in the United States. It operates iBuying, a real estate solutions platform for on-demand customer. The company's platform enables customers to sell and buy homes online with streamlined access to ancillary services, such as mortgage and title insurance services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Chandler, Arizona.

Offerpad Solutions Inc

2212 East Williams Field Road, Chandler, AZ, United States, 85286

Key Executives

Name Title Year Born
Mr. Brian Bair Founder, Chairman & CEO 1977
Mr. Michael S. Burnett Chief Financial Officer 1968
Mr. Benjamin A. Aronovitch Chief Legal Officer & Sec. 1979
Mr. Stephen Michael Johnson Chief Strategy Officer 1971
Mr. Vaughn Bair Chief Real Estate Officer NA
Ms. Stefanie A. Layton Sr. Director of Investor Relations NA
Mr. Darrin Shamo Chief Marketing Officer NA
Ms. Heather Bailey Chief People Officer NA
Dr. Jaidip Singh Ph.D. Chief Data & Analytics Officer NA
Mr. Dan Mayes Chief of Tactical Real Estate Operations NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.