Better Home & Finance Holding CoBETR
What Better Home & Finance Holding Co does.
On August 22, 2023, we consummated the transactions contemplated by the Agreement and Plan of Merger (as amended, the “Merger Agreement”), by and among Aurora Acquisition Corp. (“Aurora”), Better Holdco, Inc. (“Pre-Business Combination Better”), and Aurora Merger Sub I, Inc., formerly a wholly owned subsidiary of Aurora (“Business Combination”). In connection with the closing of the transactions contemplated by the Merger Agreement, the Company’s Class A common stock and Warrants began trading on the Nasdaq Global Market and Nasdaq Capital Market, respectively, under the ticker symbols “BETR” and BETRW.” On March 13, 2024, the listing of the Company’s Class A common stock and warrants transferred from the Nasdaq Global Market to the Nasdaq Capital Market.
Unless otherwise indicated, references to “Better,” “Better Home & Finance,” the “Company,” “we,” “us,” “our” and other similar terms refer to (i) Pre-Business Combination Better and its consolidated subsidiaries prior to the closing of the Business Combination and (ii) Better Home & Finance and its consolidated subsidiaries following the closing of the Business Combination.
We are a technology-enabled homeownership company that offers mortgage, home equity, and other homeownership products through a digital platform. Our services are designed to support customers across key stages of the homeownership cycle including purchase, ownership, refinance, and sale. Founded in 2015, we built our business with a technology-first approach. Our proprietary platform supports both consumer-facing offerings and offerings provided to third-party strategic partners and is designed to scale across products, channels, and market conditions.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | $12.3M | $0 | $108.5M | $164.9M |
| Net income | — | -$6.5M | -$877.1M | -$536.4M | -$206.3M | -$165.9M |
| Free cash flow | — | — | $926.5M | -$160.2M | -$383.4M | -$167.8M |
More on BETR.
- Better Home & Finance Holding Co summary
- Better Home & Finance Holding Co financial statements
- Better Home & Finance Holding Co key metrics
- Better Home & Finance Holding Co health scores and style box
- Better Home & Finance Holding Co earnings
- Better Home & Finance Holding Co dividends
- Better Home & Finance Holding Co valuation
- Better Home & Finance Holding Co ownership and insiders
- Better Home & Finance Holding Co peers
Figures from Better Home & Finance Holding Co's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.