Offerpad Solutions Inc. financial data

Symbol
OPAD on NYSE, OPADW on OTC
Industry
Real Estate Agents & Managers (For Others)
Location
2150 E. Germann Road, Chandler, AZ
Fiscal year end
December 31
Former names
Supernova Partners Acquisition Company, Inc. (to 9/1/2021)
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 130 % +2.35%
Quick Ratio 97.2 % -0.49%
Debt-to-equity 312 % -11.9%
Return On Equity -69.8 % +60%
Return On Assets -16.9 % +55.9%
Operating Margin -5.36 % +50.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27.4M shares
Weighted Average Number of Shares Outstanding, Basic 27.4M shares +0.47%
Weighted Average Number of Shares Outstanding, Diluted 27.4M shares +0.47%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.01B USD -56.8%
Cost of Revenue 926M USD -60.6%
Research and Development Expense 6.13M USD -40%
Selling and Marketing Expense 87.8M USD -49.9%
General and Administrative Expense 45.4M USD -17.7%
Operating Income (Loss) -54.2M USD +78.6%
Nonoperating Income (Expense) -12.4M USD +61.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -66.7M USD +76.7%
Income Tax Expense (Benefit) 67K USD -226%
Net Income (Loss) Attributable to Parent -66.7M USD +76.4%
Earnings Per Share, Basic -2.25 USD/shares +83.1%
Earnings Per Share, Diluted -2.25 USD/shares +83%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 56.9M USD -50.8%
Accounts Receivable, after Allowance for Credit Loss, Current 6.75M USD +356%
Inventory, Net 308M USD +45.8%
Assets, Current 391M USD +13.8%
Property, Plant and Equipment, Net 4.49M USD -7.84%
Operating Lease, Right-of-Use Asset 9.93M USD +125%
Other Assets, Noncurrent 11.1M USD +139%
Assets 407M USD +15.2%
Accounts Payable, Current 2.84M USD -55.2%
Employee-related Liabilities, Current 2.35M USD -54.5%
Liabilities, Current 320M USD +47.4%
Operating Lease, Liability, Noncurrent 9.2M USD +262%
Other Liabilities, Noncurrent 9.2M USD +262%
Liabilities 329M USD +49.6%
Retained Earnings (Accumulated Deficit) -429M USD -18.4%
Stockholders' Equity Attributable to Parent 77.6M USD -41.8%
Liabilities and Equity 407M USD +15.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.39M USD -99.4%
Net Cash Provided by (Used in) Financing Activities -3.46M USD +99.2%
Net Cash Provided by (Used in) Investing Activities -323K USD +74.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.4M USD -153%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 73M USD -40.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.43M USD -41.9%
Deferred Tax Assets, Valuation Allowance 111M USD +35.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Operating Lease, Liability 11.2M USD +132%
Depreciation 592K USD -46.4%
Payments to Acquire Property, Plant, and Equipment 353K USD +371%
Lessee, Operating Lease, Liability, to be Paid 23.9M USD +371%
Property, Plant and Equipment, Gross 7.95M USD +2.62%
Operating Lease, Liability, Current 2.02M USD -12.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.09M USD -12%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.9M USD +134%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +69.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7.11M USD +3100%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.95M USD +76.7%
Preferred Stock, Shares Issued 0 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.92M USD +614%
Additional Paid in Capital 507M USD +2.24%
Preferred Stock, Shares Outstanding 0 shares
Interest Expense 19M USD -52.8%