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, New York
Fiscal year end
December 31
Former names
Aurora Acquisition Corp. (to 8/18/2023)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 12.6 % +6.99%
Debt-to-equity -979 % -567%
Return On Equity 554 % +156%
Return On Assets -55.5 % +60.9%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 756 M shares
Entity Public Float 2.2 M USD -99.2%
Common Stock, Value, Issued 75 K USD
Weighted Average Number of Shares Outstanding, Basic 754 M shares +153%
Weighted Average Number of Shares Outstanding, Diluted 754 M 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 5.46 M USD -62.2%
General and Administrative Expense 14 M USD -16.2%
Costs and Expenses 73.6 M USD -29.8%
Operating Income (Loss) -291 M USD +66.1%
Nonoperating Income (Expense) -248 M USD -402%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -51.3 M USD +40.4%
Income Tax Expense (Benefit) 143 K USD -90%
Net Income (Loss) Attributable to Parent -500 M USD +48.2%
Earnings Per Share, Basic -0.07 USD/shares +75.9%
Earnings Per Share, Diluted -0.07 USD/shares +75.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 425 M USD +88.4%
Cash, Cash Equivalents, and Short-term Investments 483 M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.25 M USD
Inventory, Net 0 USD -100%
Assets, Current 2.55 M USD +610%
Operating Lease, Right-of-Use Asset 18.8 M USD -35.1%
Intangible Assets, Net (Excluding Goodwill) 30.8 M USD
Goodwill 32.2 M USD +57.1%
Assets 842 M USD -21.9%
Contract with Customer, Liability, Current 11.8 M USD
Liabilities, Current 20.3 M USD +100%
Liabilities 765 M USD -42.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.03 M USD
Retained Earnings (Accumulated Deficit) -1.76 B USD -39.9%
Stockholders' Equity Attributable to Parent 76.3 M USD
Liabilities and Equity 842 M USD -21.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -42.8 M USD +73.7%
Net Cash Provided by (Used in) Financing Activities -1.15 M USD -102%
Net Cash Provided by (Used in) Investing Activities -33.4 M USD -452%
Common Stock, Shares Authorized 3.3 B shares
Common Stock, Shares, Issued 756 M 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 -77.5 M USD +18.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 451 M USD +79.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.55 M USD +0.95%
Deferred Tax Assets, Valuation Allowance 347 M USD +28.4%
Deferred Tax Assets, Gross 356 M USD +29%
Operating Lease, Liability 29.2 M USD -28.1%
Depreciation 1.03 M USD -51.4%
Payments to Acquire Property, Plant, and Equipment 473 K USD +885%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -51.8 M USD +41%
Lessee, Operating Lease, Liability, to be Paid 36 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.22 M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 9.61 M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.84 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.44 M USD
Deferred Tax Assets, Operating Loss Carryforwards 335 M USD +37.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5 M shares 0%
Unrecognized Tax Benefits 1.35 M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.32 M USD
Additional Paid in Capital 1.84 B USD +195%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 8.05 M USD -14.1%
Share-based Payment Arrangement, Expense 8.76 M USD +98.7%
Interest Expense 4.85 M USD -11.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%