YOLFTbeta
Offerpad Solutions Inc. Class A Common Stock

Offerpad Solutions Inc. Class A Common Stock

OPAD · NYSE · Real Estate / Real Estate Services

1.78USD-0.18 (-9.18%)

Price History

Full chart

Market Stats

Previous Close1.96
Open1.98
Day Range1.78 – 2.02
52-Week Range3.27 – 44.40
Volume11.99K
Market Cap16.24M
P/E (TTM)0.00
Forward P/E2.91
EPS-9.75
Dividend Yield0.00%
Beta2.52
50-Day Avg4.21
200-Day Avg2.32

About

Offerpad Solutions Inc., together with its subsidiaries, provides a technology-enabled real estate solutions platform in the United States. It operates through Cash Offer, Renovate, and Other segments. The company offers Cash Offer, which allows customers to access the company's website or mobile application to receive a cash offer range for their home; and renovation services to other businesses. It also provides a Cash Offer Marketplace, including Direct+ partners, which provide buyers with an opportunity to purchase homes from homeowners; and brokerage services, which allow sellers to select from different agent-led pathways to sell their home. In addition, the company offers HomePro, which pairs local agents with its platform, data, and customer flow to deliver guided and in-person services; and the Agent Partnership Program, which allows third-party agents to present a cash offer to customers. Further, it provides ancillary products and services comprising energy efficiency solutions, smart home technology, insurance, and home warranty services, as well as mortgage, title insurance, and escrow services. Offerpad Solutions Inc. was founded in 2015 and is headquartered in Tempe, Arizona.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Brian Bair
  • Employees140
  • Headquarters433 S. Farmer Avenue, Tempe, AZ, United States, 85281, USA
  • Websitehttps://www.offerpad.com

Leadership

  • Mr. Brian BairFounder, Chairman & CEO · b. 1977
  • Mr. Peter H. KnagChief Financial Officer · b. 1973
  • Mr. Adam MartinezChief Legal Officer · b. 1978
  • Mr. Chris CarpenterChief Operating Officer
  • Ms. Cortney ReadChief of Staff & VP of Investor Relations and Communications
  • Mr. Vaughn BairChief Real Estate Officer
  • Dr. Jaidip Singh Ph.D.Chief Pricing & Analytics Officer
  • Mr. Richard FordChief Strategy Officer & President of Cash Offer Marketplace Headshot

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue855.96M1.08B1.06B2.07B3.95B1.31B918.82M567.81M
Growth (%)-+25.69%-1.08%+94.54%+90.89%-66.74%-30.10%-38.20%
Cost of Revenue790.10M1.00B976.48M1.86B3.77B1.24B846.62M525.77M
Gross Profit65.86M74.39M87.78M207.81M182.42M70.18M72.19M42.04M
Gross Margin7.69%6.91%8.25%10.04%4.62%5.34%7.86%7.40%
Operating Expense79.96M107.79M101.54M188.05M309.74M174.59M118.24M75.43M
Operating Income-14.10M-33.40M-13.76M19.77M-127.32M-104.41M-46.04M-33.39M
Operating Margin-1.65%-3.10%-1.29%0.95%-3.22%-7.94%-5.01%-5.88%
EBITDA-13.91M-33.02M-12.49M23.00M-101.24M-97.47M-42.83M-30.17M
EBITDA Margin-1.63%-3.07%-1.17%1.11%-2.56%-7.42%-4.66%-5.31%
Net Income-32.94M-51.95M-23.12M6.46M-148.61M-117.22M-62.16M-46.38M
Net Income Margin-3.85%-4.83%-2.17%0.31%-3.76%-8.92%-6.77%-8.17%
R&D3.72M7.45M7.27M10.86M12.09M7.95M4.52M3.40M
R&D as % of Total Revenue0.43%0.69%0.68%0.52%0.31%0.60%0.49%0.60%
Interest Expense018.30M10.03M15.85M45.99M18.86M18.68M8.26M
Interest Expense % of Total Revenue0.00%1.70%0.94%0.77%1.16%1.43%2.03%1.46%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-385.89M235.87M1.35B825.07M379.69M313.05M154.77M
Total Liabilities-353.09M379.13M1.10B703.19M277.92M265.40M116.55M
Total Equity-32.80M-143.26M257.57M121.88M101.78M47.65M38.22M
Cash-22.86M43.94M169.82M97.24M75.97M43.02M26.54M
Total Debt-342.39M181.68M1.03B668.33M259.50M252.41M93.83M
Net Debt-319.53M137.74M857.72M571.09M183.53M209.39M67.29M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-78.69M-108.97M154.86M-921.92M305.40M261.63M20.83M66.81M
Investing Cash Flow-2.03M-979.00K-2.86M-11.65M-1.07M1.99M-5.33M-1.06M
Financing Cash Flow88.76M122.50M-131.15M1.08B-358.47M-323.98M-21.82M-111.21M
Capital Expenditure2.26M1.04M2.86M13.69M1.07M127.00K5.41M1.08M
Free Cash Flow-80.95M-110.01M152.01M-935.61M304.33M261.50M15.42M65.73M
Dividends Paid---51.25M285.00K---
FCF to OCF102.87%100.95%98.15%101.48%99.65%99.95%74.04%98.38%
Dividend Paid to FCF----5.48%0.09%---

Earnings

Report DateMar 31, 2020Jun 30, 2020Dec 4, 2020Mar 31, 2021May 27, 2021Sep 16, 2021Nov 10, 2021Feb 23, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 22, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 26, 2024May 6, 2024Aug 5, 2024Nov 4, 2024Feb 24, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 24, 2026Apr 30, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate0.000.000.00----155.25-0.087.246.75-18.46-0.25-32.78-12.54-5.96-0.47-3.96-3.77-3.50-0.48-5.30-3.76-2.63-2.70-2.28-1.60-1.82
EPS Actual-1.49-0.960.00-0.030.100.33-2.74-0.0120.420.04-48.57-0.49-24.96-8.36-7.37-0.57-6.53-5.03-4.94-0.63-5.37-4.04-3.39-2.58-2.23-1.97-
Surprise------98.24%87.50%182.04%-99.41%-163.11%-96.00%23.86%33.33%-23.66%-21.28%-64.90%-33.42%-41.14%-29.60%-1.32%-7.45%-28.90%4.44%2.19%-23.13%-
Timing---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap16.24M
Enterprise Value84.38M
Trailing P/E0.00
Forward P/E2.91
Price / Sales0.04
Price / Book0.44
EPS-9.75
Book Value7.72
Revenue (TTM)404.53M
Gross Profit (TTM)30.02M
EBITDA-30.25M
Profit Margin-9.85%
Operating Margin-10.61%
Return on Equity-128.86%
Return on Assets-9.15%
Shares Outstanding4.83M
Shares Float4.24M
Beta2.52
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 4 analystsTarget 12.25
  • Hold
    4

Ownership Breakdown

Institutions
43.09%
Insiders
14.89%
Retail / Other
42.02%

Top Institutional Holders

  • First American Financial Corp
    511.93K10.59%
  • KMT WEALTH MANAGEMENT, LLC
    303.60K6.28%
  • Kemnay Advisory Services Inc.
    1.38M2.85%
  • Vanguard Capital Management, LLC
    1.16M2.41%
  • BlackRock Inc
    638.85K1.32%
  • Bryn Mawr Trust Company
    595.24K1.23%
  • Geode Capital Management, LLC
    355.19K0.73%
  • Shay Capital LLC
    269.84K0.56%
  • UBS Group AG
    201.85K0.42%
  • XTX Topco Ltd
    156.63K0.32%
  • Morgan Stanley - Brokerage Accounts
    151.20K0.31%
  • Vanguard Fiduciary Trust Co
    135.92K0.28%
  • Susquehanna International Group, LLP
    93.64K0.19%
  • IEQ CAPITAL, LLC
    78.22K0.16%
  • State Street Corp
    63.43K0.13%
  • MONOGRAPH WEALTH ADVISORS, LLC
    59.53K0.12%
  • Bridgeway Capital Management, LLC
    45.40K0.09%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    86.89K1.80%
  • Fidelity Extended Market Index
    16.49K0.34%
  • Fidelity Total Market Index
    4.76K0.10%

Stock Splits

  • Jun 9, 20261:10
  • Jun 13, 20231:15