Offerpad Solutions Inc.
OPAD · XNASCIK 1825024fmd_01HJNA1SD05D8KWHP2C9WEE65GFinance, Insurance and Real Estate · Real Estate Agents & Managers (For Others)Template: Real estate
Coverage: Jan 01, 2019 to Sep 30, 2026, 28 periods
| Line item | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Total revenues | 1,076 | 1,064 | 2,070 | 3,952 | 1,314 | 919 | 568 |
| Cost of revenue | 1,001 | 976 | 1,863 | 3,770 | 1,244 | 847 | 526 |
| Gross profit | 74 | 88 | 208 | 182 | 70 | 72 | 42 |
| Depreciation and amortization | 0 | 0 | 1 | 1 | – | – | – |
| Research and development | 7 | 7 | 11 | 12 | 8 | 5 | 3 |
| Selling, general and administrative | 100 | 94 | 177 | 298 | 167 | 114 | 72 |
| Total operating expenses | 108 | 102 | 188 | 310 | 175 | 118 | 75 |
| Funds from operations (NAREIT definition, derived) | (52) | (23) | 7 | (148) | – | – | – |
| Operating income | (33) | (14) | 20 | (127) | (104) | (46) | (33) |
| Interest expense | 18 | 10 | 16 | 46 | 19 | 19 | 13 |
| Other non-operating income (expense) | (18) | (9) | (13) | (21) | (13) | (16) | (13) |
| Income before taxes | (52) | (23) | 7 | (148) | (117) | (62) | (46) |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | (52) | (23) | 6 | (149) | (117) | (62) | (46) |
| Net income | (52) | (23) | 6 | (149) | (117) | (62) | (46) |