Offerpad Solutions Inc. financial data

Symbol
OPAD, OPAD-WT on NYSE
Industry
Real Estate Agents & Managers (For Others)
Location
2150 E. Germann Road, Chandler, Arizona
Fiscal year end
December 31
Former names
Supernova Partners Acquisition Company, Inc. (to 9/1/2021)
Latest financial report
Q1 2024 - May 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 139 % +10.8%
Quick Ratio 97.5 % -3.78%
Debt-to-equity 248 % -37.1%
Return On Equity -68.7 % +42.4%
Return On Assets -19.8 % +18.1%
Operating Margin -6.69 % +4.56%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27.3M shares
Weighted Average Number of Shares Outstanding, Basic 27.3M shares +15.5%
Weighted Average Number of Shares Outstanding, Diluted 27.3M shares +15.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 990M USD -68.9%
Cost of Revenue 905M USD -71.1%
Research and Development Expense 7.48M USD -32.9%
Selling and Marketing Expense 96.7M USD -54.3%
General and Administrative Expense 47.6M USD -18.7%
Operating Income (Loss) -66.2M USD +70.4%
Nonoperating Income (Expense) -8.91M USD +66.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -75.1M USD +70%
Income Tax Expense (Benefit) 164K USD +0.82%
Net Income (Loss) Attributable to Parent -75.3M USD +69.8%
Earnings Per Share, Basic -2.57 USD/shares +78.2%
Earnings Per Share, Diluted -2.57 USD/shares +78.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 68.6M USD -36.4%
Accounts Receivable, after Allowance for Credit Loss, Current 4.35M USD +80.8%
Inventory, Net 266M USD +54.1%
Assets, Current 353M USD +7.82%
Property, Plant and Equipment, Net 4.68M USD -7.66%
Operating Lease, Right-of-Use Asset 10.5M USD +113%
Other Assets, Noncurrent 11.7M USD +126%
Assets 370M USD +9.4%
Accounts Payable, Current 4.38M USD -0.93%
Employee-related Liabilities, Current 2.05M USD -52.1%
Liabilities, Current 272M USD +50.8%
Operating Lease, Liability, Noncurrent 9.35M USD +201%
Other Liabilities, Noncurrent 9.35M USD +201%
Liabilities 282M USD +52.7%
Retained Earnings (Accumulated Deficit) -415M USD -22.1%
Stockholders' Equity Attributable to Parent 88.1M USD -42.6%
Liabilities and Equity 370M USD +9.4%

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 78.5M USD -45.1%
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 0%
Operating Lease, Liability 11.5M USD +114%
Depreciation 692K USD -37.4%
Payments to Acquire Property, Plant, and Equipment 353K USD +371%
Lessee, Operating Lease, Liability, to be Paid 24.5M USD +331%
Property, Plant and Equipment, Gross 8.04M USD +3.62%
Operating Lease, Liability, Current 2.19M USD -4.63%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.9M USD +22.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.76M USD -4.92%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +69.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7.39M USD +2596%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.09M USD +89.4%
Preferred Stock, Shares Issued 0 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.95M USD +625%
Additional Paid in Capital 504M USD +2.01%
Preferred Stock, Shares Outstanding 0 shares
Interest Expense 16.3M USD -64.7%