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-Q - Q1 2025 - May 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 119 % -13.9%
Quick Ratio 93.3 % -4.33%
Debt-to-equity 495 % +99.5%
Return On Equity -107 % -55.1%
Return On Assets -17.9 % +9.27%
Operating Margin -5.54 % +17.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27.5M shares +0.88%
Entity Public Float 49.5M USD -64.5%
Weighted Average Number of Shares Outstanding, Basic 27.6M shares +0.82%
Weighted Average Number of Shares Outstanding, Diluted 27.6M shares +0.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 161M USD -43.7%
Revenue from Contract with Customer, Excluding Assessed Tax 794M USD -19.8%
Cost of Revenue 734M USD -18.9%
Research and Development Expense 3.77M USD -49.6%
Selling and Marketing Expense 64.5M USD -33.3%
General and Administrative Expense 35.9M USD -24.6%
Operating Income (Loss) -44M USD +33.6%
Nonoperating Income (Expense) -15.8M USD -76.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -59.8M USD +20.5%
Income Tax Expense (Benefit) -55K USD -134%
Net Income (Loss) Attributable to Parent -59.7M USD +20.7%
Earnings Per Share, Basic -2.18 USD/shares +15.2%
Earnings Per Share, Diluted -2.18 USD/shares +15.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 30.8M USD -55%
Accounts Receivable, after Allowance for Credit Loss, Current 6.29M USD +44.8%
Inventory, Net 211M USD -20.8%
Assets, Current 255M USD -27.7%
Property, Plant and Equipment, Net 9.84M USD +110%
Operating Lease, Right-of-Use Asset 8.11M USD -23%
Other Assets, Noncurrent 9.16M USD -21.8%
Assets 274M USD -25.8%
Accounts Payable, Current 2.15M USD -50.9%
Employee-related Liabilities, Current 1.5M USD -26.8%
Liabilities, Current 226M USD -17%
Operating Lease, Liability, Noncurrent 13.9M USD +49.1%
Other Liabilities, Noncurrent 13.9M USD +49.1%
Liabilities 240M USD -14.7%
Retained Earnings (Accumulated Deficit) -475M USD -14.4%
Stockholders' Equity Attributable to Parent 34.2M USD -61.2%
Liabilities and Equity 274M USD -25.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -10.2M USD -526%
Net Cash Provided by (Used in) Financing Activities -26.8M USD -673%
Net Cash Provided by (Used in) Investing Activities -994K USD -208%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -37.9M USD -2608%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 35.7M USD -54.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.59M USD -28.5%
Deferred Tax Assets, Valuation Allowance 126M USD +13.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 129M USD +14.2%
Operating Lease, Liability 15.3M USD +32.7%
Depreciation 651K USD -5.93%
Payments to Acquire Property, Plant, and Equipment 994K USD +182%
Lessee, Operating Lease, Liability, to be Paid 21.7M USD -11.3%
Property, Plant and Equipment, Gross 12.9M USD +60.9%
Operating Lease, Liability, Current 1.36M USD -37.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.95M USD -32.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.09M USD +18.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.38M USD -13.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.92M USD -7.99%
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 1.97M USD +1.28%
Additional Paid in Capital 509M USD +1.16%
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%