Offerpad Solutions Inc.OPAD

NasdaqReal EstateReal Estate Agents & Managers (For Others)
Price (close)
$3.36
Market cap
$16.2M
P/E
—
Revenue (TTM)
$404.5M
Net income
-$39.8M
Dividend yield
—
1-year total return
-24.2%
Net margin
-9.8%
Revenue growth
-42.5%
Debt / equity
—

What Offerpad Solutions Inc. does.

We are a real estate solutions company focused on giving homeowners more control, flexibility, and choice when buying and selling a home.

Founded in 2015, we combine proprietary technology with local real estate expertise to simplify the home sale process and reduce friction across the transaction lifecycle, helping customers move forward with speed, transparency, and confidence. We provide cash offers, brokerage services, access to additional cash buyers through marketplace-enabled capabilities, and renovation services that support both internal transactions and third-party partners. We provide these real estate services through the following solutions:

• Cash Offer , in which customers can access our website or mobile application to receive a competitive cash offer for their home within 24 hours and quickly close without the major inconveniences associated with traditional real estate selling. Our Cash Offer business is the core foundation upon which Offerpad was founded and continues to be a key, central component of our business.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.1B$2.1B$4.0B$1.3B$918.8M$567.8M
Net income-$23.1M$6.5M-$148.6M-$117.2M-$62.2M-$46.4M
Free cash flow$152.0M-$935.6M$304.3M$261.5M$15.4M$65.7M

More on OPAD.

Figures from Offerpad Solutions Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.