Better Home & Finance Holding Co financial data

Symbol
BETR, BETRW on Nasdaq
Industry
Loan Brokers
Location
3 World Trade Center, 175 Greenwich Street, 57 Th Floor, New York, NY
Fiscal year end
December 31
Former names
Aurora Acquisition Corp. (to 8/18/2023)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 12.6 % +6.99%
Debt-to-equity 788 %
Return On Equity -485 % -385%
Return On Assets -54.7 % +54.5%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 756M shares
Entity Public Float 2.2M USD -99.2%
Common Stock, Value, Issued 75K USD
Weighted Average Number of Shares Outstanding, Basic 755M shares +153%
Weighted Average Number of Shares Outstanding, Diluted 755M shares +153%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 0 USD -100%
Research and Development Expense 70.2M USD -41%
General and Administrative Expense 147M USD +19.3%
Costs and Expenses 336M USD -1.64%
Operating Income (Loss) -291M USD +66.1%
Nonoperating Income (Expense) -248M USD -402%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -497M USD +5.49%
Income Tax Expense (Benefit) 464K USD -55.5%
Net Income (Loss) Attributable to Parent -498M USD +50.8%
Earnings Per Share, Basic -0.84 USD/shares +66.7%
Earnings Per Share, Diluted -0.84 USD/shares +66.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 321M USD +192%
Cash, Cash Equivalents, and Short-term Investments 379M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.25M USD
Inventory, Net 0 USD -100%
Assets, Current 2.55M USD +610%
Operating Lease, Right-of-Use Asset 17.7M USD
Intangible Assets, Net (Excluding Goodwill) 25.9M USD
Goodwill 32.2M USD -3.17%
Assets 958M USD +3.52%
Contract with Customer, Liability, Current 36.6M USD
Liabilities, Current 20.3M USD +100%
Liabilities 913M USD -24.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.45M USD
Retained Earnings (Accumulated Deficit) -1.8B USD -38.3%
Stockholders' Equity Attributable to Parent 44.9M USD
Liabilities and Equity 958M USD +3.52%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -42.8M USD +73.7%
Net Cash Provided by (Used in) Financing Activities -1.15M USD -102%
Net Cash Provided by (Used in) Investing Activities -33.4M USD -452%
Common Stock, Shares Authorized 3.3B shares
Common Stock, Shares, Issued 756M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -77.5M USD +18.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 347M USD +157%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.55M USD +0.95%
Deferred Tax Assets, Valuation Allowance 347M USD +28.4%
Deferred Tax Assets, Gross 356M USD +29%
Operating Lease, Liability 27.2M USD
Depreciation 1.03M USD -51.4%
Payments to Acquire Property, Plant, and Equipment 473K USD +885%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -497M USD +7.49%
Lessee, Operating Lease, Liability, to be Paid 36M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.22M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 9.61M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.84M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.44M USD
Deferred Tax Assets, Operating Loss Carryforwards 335M USD +37.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 1.35M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.32M USD
Additional Paid in Capital 1.85B USD +193%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 33.4M USD -24.5%
Share-based Payment Arrangement, Expense 62.4M USD +96.3%
Interest Expense 4.85M USD -11.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%