Offerpad Solutions Inc. financial data

Symbol
OPAD on NYSE, OPADW on OTC
Industry
Real Estate Agents & Managers (For Others)
Location
433 S Farmer Ave, Suite 500, Tempe, AZ
Fiscal year end
December 31
Former names
Supernova Partners Acquisition Company, Inc. (to 9/1/2021)
Latest financial report
10-K - Q4 2024 - Feb 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 123 % -17.4%
Quick Ratio 94.4 % -2.8%
Debt-to-equity 414 % +111%
Return On Equity -89.4 % +3.93%
Return On Assets -17.4 % +44.5%
Operating Margin -5.01 % +36.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27.4M shares +0.29%
Entity Public Float 49.5M USD -64.5%
Weighted Average Number of Shares Outstanding, Basic 27.4M shares +3.89%
Weighted Average Number of Shares Outstanding, Diluted 27.4M shares +3.89%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 919M USD -30.1%
Cost of Revenue 847M USD -32%
Research and Development Expense 4.52M USD -43.1%
Selling and Marketing Expense 73.1M USD -37.3%
General and Administrative Expense 40.6M USD -18.9%
Operating Income (Loss) -46M USD +55.9%
Nonoperating Income (Expense) -16.1M USD -27.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -62.1M USD +46.9%
Income Tax Expense (Benefit) 31K USD -81%
Net Income (Loss) Attributable to Parent -62.2M USD +47%
Earnings Per Share, Basic -2.27 USD/shares +48.9%
Earnings Per Share, Diluted -2.27 USD/shares +48.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 43M USD -43.4%
Accounts Receivable, after Allowance for Credit Loss, Current 3.85M USD -61.3%
Inventory, Net 214M USD -22.5%
Assets, Current 294M USD -20.8%
Property, Plant and Equipment, Net 9.13M USD +102%
Operating Lease, Right-of-Use Asset 8.58M USD +157%
Other Assets, Noncurrent 9.71M USD +172%
Assets 313M USD -17.6%
Accounts Payable, Current 1.92M USD -61.1%
Employee-related Liabilities, Current 1.9M USD -40.8%
Liabilities, Current 251M USD -9.08%
Operating Lease, Liability, Noncurrent 14.2M USD +902%
Other Liabilities, Noncurrent 14.2M USD +902%
Liabilities 265M USD -4.5%
Retained Earnings (Accumulated Deficit) -460M USD -15.6%
Stockholders' Equity Attributable to Parent 47.7M USD -53.2%
Liabilities and Equity 313M USD -17.6%

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 73.6M USD -7.89%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.43M USD -41.9%
Deferred Tax Assets, Valuation Allowance 126M USD +13.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 129M USD +14.2%
Operating Lease, Liability 15.2M USD +311%
Depreciation 611K USD -16.1%
Payments to Acquire Property, Plant, and Equipment 353K USD +371%
Lessee, Operating Lease, Liability, to be Paid 22.6M USD +490%
Property, Plant and Equipment, Gross 12.8M USD +65.3%
Operating Lease, Liability, Current 963K USD -57.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.09M USD +89.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.78M USD +17.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +69.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.65M USD +4824%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.95M USD +625%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.92M USD +2333%
Additional Paid in Capital 508M USD +1.61%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 3.1M USD +60.8%
Interest Expense 19M USD -52.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%