BETR - Better Home & Finance Holding Company
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$34.00
DETAILS
HIGH:
$42.00
LOW:
$25.00
MEDIAN:
$35.00
CONSENSUS:
$34.00
UPSIDE:
103.86%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 191.4 | 120.1 | 88.5 | 395.1 | 1,311.6 | 0 | 270.8 | 183.9 |
| Cost of Revenue | 42.6 | 162.6 | 149.8 | 693.6 | 969.3 | 0 | 140.7 | 81.0 |
| Gross Profit | 148.7 | (42.5) | (61.3) | (298.5) | 342.3 | 0 | 130.1 | 102.9 |
| Operating Expenses | ||||||||
| R&D Expenses | 0 | 0 | 83.8 | 124.3 | 144.5 | 0 | 0 | 0 |
| SG&A Expenses | 83.7 | 86.2 | 114.9 | 168.6 | 349.6 | 0.0 | 38.2 | 46.3 |
| Other Expenses | 188.0 | 59.3 | 31.2 | 267.6 | 87.9 | (54.8) | 32.0 | 20.0 |
| Operating Expenses | 271.7 | 145.5 | 230.0 | 560.4 | 582.0 | (54.7) | 70.3 | 66.3 |
| Operating Income | ||||||||
| Operating Income | (123.0) | (188.0) | (291.3) | (858.9) | (239.7) | (0.0) | 60.4 | 36.6 |
| Interest Expense | 42.8 | 0 | 31.6 | 303.2 | 101.0 | 0 | 22.9 | 12.4 |
| Interest Income | 60.3 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | (108.9) | (154.8) | (459.9) | (523.4) | (175.3) | 0 | 75.0 | 42.0 |
| EBIT | (123.0) | (188.0) | (502.8) | (572.8) | (202.5) | (0.0) | 65.6 | 36.6 |
| Income Before Tax | (165.8) | (205.4) | (534.4) | (876.0) | (303.5) | (0.0) | 42.7 | 24.2 |
| Income Tax Expense | 0.1 | 0.8 | 2.0 | 1.1 | (2.4) | 0 | 15.4 | 14.3 |
| Net Income | (165.9) | (206.3) | (536.4) | (877.1) | (301.1) | (0.0) | 27.3 | 9.9 |
| Per Share Data | ||||||||
| EPS (Basic) | -10.82 | -13.65 | -1.16 | -1.21 | -0.41 | -3656.31 | 0.38 | 0.13 |
| EPS (Diluted) | -10.82 | -13.65 | -1.16 | -1.21 | -0.41 | -3656.31 | 0.38 | 0.13 |
| Shares Outstanding | 15.3 | 15.1 | 255.9 | 737.6 | 737.6 | 0.0 | 71.4 | 74.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 116.6 | 211.1 | 503.6 | 318.0 | 938.3 | 10.3 | 18.8 |
| Short-Term Investments | 103.6 | 53.8 | 25.6 | 0 | 0 | 0 | 0 |
| Net Receivables | 21.1 | 32.2 | 35.3 | 300.6 | 0.5 | 42.9 | 12.0 |
| Inventory | 0 | 501.6 | 0 | 1.1 | 1.1 | 18.2 | 6.8 |
| Other Current Assets | (21.3) | 34.8 | 184.5 | 28.1 | 2,113.8 | 7.8 | 1.3 |
| Total Current Assets | 241.3 | 861.9 | 792.1 | 694.2 | 3,085.9 | 79.2 | 38.9 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 6.6 | 4.1 | 36.4 | 70.2 | 97.9 | 45.9 | 2.2 |
| Goodwill | 11.0 | 23.6 | 32.4 | 17.4 | 19.8 | 152.0 | 47.4 |
| Intangible Assets | 22.0 | 20.9 | 38.1 | 62.0 | 72.5 | 560.0 | 269.5 |
| Long-Term Investments | 727.9 | 0 | 0 | 0 | (279.1) | 0 | 0 |
| Other Non-Current Assets | 496.7 | 2.5 | 1.7 | 239.7 | 23.6 | (8.6) | 2.9 |
| Total Non-Current Assets | 1,264.2 | 51.2 | 108.7 | 389.2 | 213.8 | 759.0 | 321.9 |
| Total Assets | 1,505.4 | 913.1 | 905.6 | 1,083.4 | 3,299.7 | 838.2 | 360.8 |
| Current Liabilities | |||||||
| Account Payables | 74.6 | 48.1 | 66.6 | 82.4 | 133.3 | 32.6 | 9.3 |
| Short-Term Debt | 411.9 | 244.1 | 126.2 | 144.0 | 1,667.9 | 1.0 | 12.8 |
| Deferred Revenue | 763.0 | 137.2 | 12.1 | 30.2 | 50.0 | 0 | 0.4 |
| Other Current Liabilities | (833.1) | 6.1 | 0 | 0 | 477.3 | 26.5 | 36.8 |
| Total Current Liabilities | 416.5 | 435.6 | 208.3 | 264.7 | 2,340.1 | 60.0 | 59.3 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 198.8 | 519.7 | 514.6 | 894.4 | 626.4 | 6.7 | 3.8 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | (28.9) | 54.9 | 5.1 |
| Other Non-Current Liabilities | 853.0 | 11.8 | 28.8 | 34.7 | (416.8) | 664.9 | 277.2 |
| Total Non-Current Liabilities | 1,051.8 | 535.7 | 574.7 | 986.6 | 283.2 | 726.5 | 286.0 |
| Total Liabilities | 1,468.3 | 971.2 | 783.0 | 1,251.3 | 2,623.3 | 786.5 | 345.4 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | (2,076.2) | (1,910.4) | (1,704.1) | (1,167.7) | (292.6) | 41.9 | 14.6 |
| Accumulated Other Comprehensive Income | 3.7 | (1.9) | (1.7) | (1.4) | (0.1) | (31.5) | 0 |
| Total Stockholders' Equity | 37.2 | (58.2) | 122.6 | (167.9) | 676.4 | 51.7 | 15.4 |
| Total Liabilities & Equity | 1,505.4 | 913.1 | 905.6 | 1,083.4 | 3,299.7 | 838.2 | 360.8 |
| Debt Metrics | |||||||
| Total Debt | 615.3 | 767.9 | 672.1 | 1,096.0 | 2,367.9 | 7.7 | 16.5 |
| Net Debt | 498.7 | 556.8 | 168.5 | 778.0 | 1,429.6 | (2.7) | (2.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (165.9) | (206.3) | (536.4) | (262.9) | (301.1) | (0.0) | 27.3 | 9.9 |
| Depreciation & Amortization | 14.1 | 33.2 | 42.9 | 49.4 | 27.2 | 0 | 9.5 | 5.4 |
| Stock-Based Compensation | 0 | 26.8 | 54.2 | 30.5 | 55.2 | 0 | 0 | 0 |
| Change in Working Capital | 26.3 | (10.3) | (52.9) | (10,551.5) | (51,374.4) | (0.0) | 39.7 | (20.1) |
| Other Non-Cash Items | (106.7) | (223.4) | 332.6 | 11,672.7 | 51,836.0 | 0.0 | (81.3) | 56.8 |
| Operating Cash Flow | (232.2) | (380.0) | (159.7) | 938.2 | 361.2 | (0.0) | (0.8) | 47.0 |
| Investing Activities | ||||||||
| Capital Expenditure | (1.2) | (10.1) | (9.8) | (35.3) | (68.6) | 0 | (5.9) | (0.8) |
| Acquisitions | 0 | 0 | (11.9) | (3.8) | (5.1) | 0 | (365.6) | (7.8) |
| Purchases of Investments | (5,237.6) | (211.9) | (48.2) | 0 | (278.0) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 5,125.7 | 183.3 | 31.3 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (472.8) | (105.2) | (8.6) | 4.5 | 5.0 | 0 | (16.5) | 0 |
| Investing Cash Flow | (595.9) | (143.8) | (38.6) | (34.7) | (68.7) | 0 | (388.1) | (8.6) |
| Financing Activities | ||||||||
| Net Debt Issuance | 685.0 | 116.7 | 363.2 | (1,530.0) | 289.0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | (7.9) | (5.6) | 0 | (10.3) | (18.8) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 122.3 | 1.8 | 0.8 | 21.2 | 0.0 | 381.0 | (25.3) |
| Financing Cash Flow | 714.3 | 239.1 | 381.4 | (1,537.1) | 304.5 | 0.0 | 381.0 | (25.3) |
| Cash Position | ||||||||
| Net Change in Cash | (118.9) | (292.5) | 182.0 | (632.8) | 597.1 | 0 | (8.4) | 13.1 |
| Cash at Beginning | 235.5 | 528.1 | 346.1 | 978.9 | 381.8 | 0 | 18.8 | 5.6 |
| Cash at End | 116.6 | 235.5 | 528.1 | 346.1 | 978.9 | 0 | 10.3 | 18.8 |
| Free Cash Flow | (233.3) | (390.1) | (169.5) | 902.9 | 292.6 | (0.0) | (6.7) | 46.2 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 191.4 | 120.1 | 88.5 | 395.1 | 1,311.6 | 0 | 270.8 | 183.9 |
| Gross Profit | 148.7 | (42.5) | (61.3) | (298.5) | 342.3 | 0 | 130.1 | 102.9 |
| Operating Income | (123.0) | (188.0) | (291.3) | (858.9) | (239.7) | (0.0) | 60.4 | 36.6 |
| Net Income | (165.9) | (206.3) | (536.4) | (877.1) | (301.1) | (0.0) | 27.3 | 9.9 |
| EPS (Diluted) | -10.82 | -13.65 | -1.16 | -1.21 | -0.41 | -3656.31 | 0.38 | 0.13 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 116.6 | 211.1 | 503.6 | 318.0 | 938.3 | 10.3 | 18.8 | |
| Total Assets | 1,505.4 | 913.1 | 905.6 | 1,083.4 | 3,299.7 | 838.2 | 360.8 | |
| Total Debt | 615.3 | 767.9 | 672.1 | 1,096.0 | 2,367.9 | 7.7 | 16.5 | |
| Stockholders' Equity | 37.2 | (58.2) | 122.6 | (167.9) | 676.4 | 51.7 | 15.4 | |
| Cash Flow | ||||||||
| Operating Cash Flow | (232.2) | (380.0) | (159.7) | 938.2 | 361.2 | (0.0) | (0.8) | 47.0 |
| Capital Expenditure | (1.2) | (10.1) | (9.8) | (35.3) | (68.6) | 0 | (5.9) | (0.8) |
| Free Cash Flow | (233.3) | (390.1) | (169.5) | 902.9 | 292.6 | (0.0) | (6.7) | 46.2 |