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 - Q3 2024 - Nov 4, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 127 % -6.17%
Quick Ratio 97.8 % +2.42%
Debt-to-equity 350 % +29.6%
Return On Equity -72.6 % +57.4%
Return On Assets -16.1 % +64.9%
Operating Margin -4.43 % +61.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27.4M shares
Entity Public Float 140M USD -30.5%
Weighted Average Number of Shares Outstanding, Basic 27.4M shares +0.6%
Weighted Average Number of Shares Outstanding, Diluted 27.4M shares +0.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 985M USD -43.8%
Cost of Revenue 907M USD -48%
Research and Development Expense 4.92M USD -49.2%
Selling and Marketing Expense 77.5M USD -47.4%
General and Administrative Expense 39.5M USD -27.6%
Operating Income (Loss) -43.6M USD +78.5%
Nonoperating Income (Expense) -16.6M USD +14.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -60.2M USD +72.9%
Income Tax Expense (Benefit) 85K USD -82.8%
Net Income (Loss) Attributable to Parent -60.3M USD +73%
Earnings Per Share, Basic -2.01 USD/shares +78.1%
Earnings Per Share, Diluted -2.01 USD/shares +77.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 48.5M USD -54.2%
Accounts Receivable, after Allowance for Credit Loss, Current 5.59M USD +44.3%
Inventory, Net 256M USD -11.4%
Assets, Current 323M USD -21.8%
Property, Plant and Equipment, Net 5.19M USD +10.5%
Operating Lease, Right-of-Use Asset 9.12M USD +135%
Other Assets, Noncurrent 10.3M USD +150%
Assets 338M USD -19.8%
Accounts Payable, Current 2.56M USD -59.7%
Employee-related Liabilities, Current 1.67M USD -79.2%
Liabilities, Current 263M USD -13.5%
Operating Lease, Liability, Noncurrent 10.2M USD +416%
Other Liabilities, Noncurrent 10.2M USD +416%
Liabilities 274M USD -10.8%
Retained Earnings (Accumulated Deficit) -443M USD -15.8%
Stockholders' Equity Attributable to Parent 64.7M USD -43.8%
Liabilities and Equity 338M USD -19.8%

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%
Common Stock, Shares Authorized 2.37B shares
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 58.4M USD -48.5%
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
Deferred Tax Assets, Gross 113M USD +32.6%
Operating Lease, Liability 11.6M USD +171%
Depreciation 592K USD -26.5%
Payments to Acquire Property, Plant, and Equipment 353K USD +371%
Lessee, Operating Lease, Liability, to be Paid 23.1M USD +420%
Property, Plant and Equipment, Gross 8.78M USD +13.4%
Operating Lease, Liability, Current 1.42M USD -38.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.09M USD -12%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.79M USD +351%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +69.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.89M USD +3837%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.95M USD +76.7%
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 +614%
Additional Paid in Capital 507M USD +1.96%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 1.93M USD -38.7%
Interest Expense 19M USD -52.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%