BETR: Better Home & Finance Holding Co Financial Statements
Balance sheet, income statement, and cash flow statements for Better Home & Finance Holding Co (BETR).
$135.14M Market Cap.
BETR Market Cap. (MRY)
BETR Shares Outstanding (MRY)
BETR Assets (MRY)
Total Assets
$913.06M
Total Liabilities
$971.23M
Total Investments
$567.03M
BETR Income (MRY)
Revenue
$108.49M
Net Income
-$206.29M
Operating Expense
$162.97M
BETR Cash Flow (MRY)
CF Operations
-$379.97M
CF Investing
-$143.81M
CF Financing
$239.13M
BETR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $913,057,000 (0.83%) | $905,554,000 (-16.41%) | $1,083,352,000 (-67.17%) | $3,299,717,000 |
Assets Current | - | - | $419,183 (-60.72%) | $1,067,275 |
Assets Non-Current | - | - | $282,284,619 (1.53%) | $278,022,397 |
Goodwill & Intangible Assets | $44,551,000 (-36.82%) | $70,516,000 (-11.17%) | $79,384,000 (-13.99%) | $92,300,000 |
Shareholders Equity | -$58,170,000 (-147.45%) | $122,600,000 (120.29%) | -$604,183,000 (-351.58%) | $240,160,000 |
Property Plant & Equipment Net | $4,104,000 (-88.74%) | $36,442,000 (-48.05%) | $70,153,000 (-28.36%) | $97,929,000 |
Cash & Equivalents | $235,517,000 (-55.40%) | $528,066,000 (52.59%) | $346,065,000 (-64.65%) | $978,874,000 |
Accumulated Other Comprehensive Income | -$1,936,000 (-12.95%) | -$1,714,000 (-20.45%) | -$1,423,000 (-1255.24%) | -$105,000 |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Investments | $567,031,000 (180.35%) | $202,256,000 (-19.70%) | $251,874,000 (-86.49%) | $1,863,731,000 |
Investments Current | - | - | $0 (0%) | $0 |
Investments Non-Current | - | - | $282,284,619 (1.53%) | $278,022,397 |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Trade & Non-Trade Receivables | $17,549,000 (3.91%) | $16,888,000 (1.85%) | $16,582,000 (-69.38%) | $54,162,000 |
Trade & Non-Trade Payables | $48,134,000 (-27.68%) | $66,558,000 (-19.26%) | $82,437,000 (-38.14%) | $133,256,000 |
Accumulated Retained Earnings (Deficit) | -$1,910,366,000 (-12.11%) | -$1,704,076,000 (-45.94%) | -$1,167,656,000 (-299.04%) | -$292,613,000 |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Debt | $767,900,000 (14.26%) | $672,064,000 (-38.68%) | $1,095,960,000 (-53.72%) | $2,367,929,000 |
Debt Current | - | - | $2,812,395 (99.14%) | $1,412,295 |
Debt Non-Current | - | - | $0 (0%) | $0 |
Total Liabilities | $971,227,000 (24.05%) | $782,954,000 (-37.43%) | $1,251,255,000 (-52.30%) | $2,623,277,000 |
Liabilities Current | - | - | $15,024,385 (111.76%) | $7,094,934 |
Liabilities Non-Current | - | - | $472,512 (-97.84%) | $21,845,817 |
BETR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $108,488,000 (49.97%) | $72,340,000 (-80.86%) | $378,023,000 (-69.56%) | $1,241,670,000 |
Cost of Revenue | $150,953,000 (-21.05%) | $191,211,000 (-68.72%) | $611,266,000 (-27.20%) | $839,693,000 |
Selling General & Administrative Expense | $86,214,000 (8.21%) | $79,673,000 (-68.74%) | $254,884,000 (-46.91%) | $480,115,000 |
Research & Development Expense | $26,110,000 (-33.78%) | $39,431,000 (-68.28%) | $124,308,000 (-13.97%) | $144,490,000 |
Operating Expenses | $162,975,000 (-60.78%) | $415,551,000 (-33.58%) | $625,677,000 (-2.49%) | $641,653,000 |
Interest Expense | $0 (0%) | $0 (0%) | $286,117,000 (821.62%) | $31,045,000 |
Income Tax Expense | $850,000 (-57.46%) | $1,998,000 (81.64%) | $1,100,000 (146.16%) | -$2,383,000 |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Consolidated Income | -$206,290,000 (61.54%) | -$536,420,000 (38.84%) | -$877,077,000 (-191.26%) | -$301,128,000 |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income | -$206,290,000 (61.54%) | -$536,420,000 (38.84%) | -$877,077,000 (-191.26%) | -$301,128,000 |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income Common Stock | -$206,290,000 (61.54%) | -$536,420,000 (38.84%) | -$877,077,000 (-191.26%) | -$301,128,000 |
Weighted Average Shares | $15,111,701 (63.66%) | $9,233,683 (58.49%) | $5,826,049 (234.89%) | $1,739,693 |
Weighted Average Shares Diluted | $15,111,701 (63.66%) | $9,233,683 (58.49%) | $5,826,049 (234.89%) | $1,739,693 |
Earning Before Interest & Taxes (EBIT) | -$205,440,000 (61.56%) | -$534,422,000 (9.40%) | -$589,860,000 (-116.49%) | -$272,466,000 |
Gross Profit | -$42,465,000 (64.28%) | -$118,871,000 (49.04%) | -$233,243,000 (-158.02%) | $401,977,000 |
Operating Income | -$205,440,000 (61.56%) | -$534,422,000 (37.78%) | -$858,920,000 (-258.37%) | -$239,676,000 |
BETR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$143,810,000 (-272.62%) | -$38,594,000 (-11.60%) | -$34,582,000 (49.66%) | -$68,703,000 |
Net Cash Flow from Financing | $239,131,000 (-37.30%) | $381,402,000 (124.81%) | -$1,537,204,000 (-604.76%) | $304,542,000 |
Net Cash Flow from Operations | -$379,971,000 (-137.90%) | -$159,720,000 (-117.02%) | $938,251,000 (159.75%) | $361,215,000 |
Net Cash Flow / Change in Cash & Cash Equivalents | $0 (0%) | $0 (0%) | -$632,809,000 (-205.98%) | $597,089,000 |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$12,713,000 (-230.47%) | -$3,847,000 (24.18%) | -$5,074,000 |
Net Cash Flow - Investment Acquisitions and Disposals | -$136,666,000 (-710.26%) | -$16,867,000 (0%) | $0 (0%) | $5,019,000 |
Capital Expenditure | -$7,144,000 (20.75%) | -$9,014,000 (70.67%) | -$30,735,000 (55.23%) | -$68,648,000 |
Issuance (Repayment) of Debt Securities | $116,749,000 (-67.53%) | $359,595,000 (123.50%) | -$1,529,990,000 (-630.19%) | $288,574,000 |
Issuance (Purchase) of Equity Shares | $91,000 (-99.45%) | $16,438,000 (327.86%) | -$7,214,000 (-145.18%) | $15,968,000 |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Effect of Exchange Rate Changes on Cash | -$217,000 (80.04%) | -$1,087,000 (-249.72%) | $726,000 (1974.29%) | $35,000 |
Share Based Compensation | $26,753,000 (-50.60%) | $54,160,000 (77.33%) | $30,542,000 (-44.69%) | $55,215,000 |
Depreciation Amortization & Accretion | $33,227,000 (-22.53%) | $42,891,000 (-13.22%) | $49,423,000 (81.57%) | $27,220,000 |
BETR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -39.10% (76.20%) | -164.30% (-166.29%) | -61.70% (-290.43%) | 32.40% |
Profit Margin | -190.20% (74.35%) | -741.50% (-219.61%) | -232.00% (-854.73%) | -24.30% |
EBITDA Margin | -158.70% (76.64%) | -679.50% (-375.17%) | -143.00% (-622.22%) | -19.80% |
Return on Average Equity (ROAE) | -1301.20% (-794.71%) | 187.30% (-69.98%) | 624.00% (251.02%) | -413.20% |
Return on Average Assets (ROAA) | -23.20% (58.35%) | -55.70% (69.43%) | -182.20% (-526.12%) | -29.10% |
Return on Sales (ROS) | -189.40% (74.36%) | -738.80% (-373.59%) | -156.00% (-612.33%) | -21.90% |
Return on Invested Capital (ROIC) | -16.60% (56.99%) | -38.60% (58.32%) | -92.60% (-360.70%) | -20.10% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -0.65 (7.11%) | -0.7 (79.03%) | -3.35 (-17.16%) | -2.86 |
Price to Sales Ratio (P/S) | 1.24 (-76.15%) | 5.21 (-32.98%) | 7.78 (1020.32%) | 0.69 |
Price to Book Ratio (P/B) | -2.32 (-147.13%) | 4.93 (949.83%) | -0.58 (-140.50%) | 1.43 |
Debt to Equity Ratio (D/E) | -16.7 (-361.45%) | 6.39 (408.35%) | -2.07 (-118.96%) | 10.92 |
Earnings Per Share (EPS) | -13.65 (76.50%) | -58.09 (61.40%) | -150.5 (13.01%) | -173 |
Sales Per Share (SPS) | 7.18 (-8.36%) | 7.83 (-87.93%) | 64.89 (-90.91%) | 713.73 |
Free Cash Flow Per Share (FCFPS) | -25.62 (-40.18%) | -18.27 (-111.73%) | 155.77 (-7.38%) | 168.17 |
Book Value Per Share (BVPS) | -3.85 (-128.99%) | 13.28 (112.80%) | -103.7 (-175.12%) | 138.05 |
Tangible Assets Book Value Per Share (TABVPS) | 57.47 (-36.45%) | 90.43 (-47.52%) | 172.32 (-90.65%) | 1,843.67 |
Enterprise Value Over EBIT (EV/EBIT) | -3 (-200.00%) | -1 (0.00%) | -1 (0.00%) | -1 |
Enterprise Value Over EBITDA (EV/EBITDA) | -3.23 (-136.78%) | -1.36 (-111.16%) | -0.65 (54.06%) | -1.4 |
Asset Turnover | 0.12 (62.67%) | 0.07 (-90.45%) | 0.79 (-34.58%) | 1.2 |
Current Ratio | - | - | 0.03 (-81.33%) | 0.15 |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Free Cash Flow (FCF) | -$387,115,000 (-129.42%) | -$168,734,000 (-118.59%) | $907,516,000 (210.19%) | $292,567,000 |
Enterprise Value (EV) | $555,379,568 (-17.06%) | $669,600,753 (91.98%) | $348,787,702 (1.28%) | $344,373,605 |
Earnings Before Tax (EBT) | -$205,440,000 (61.56%) | -$534,422,000 (38.99%) | -$875,977,000 (-188.61%) | -$303,511,000 |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$172,213,000 (64.96%) | -$491,531,000 (9.05%) | -$540,437,000 (-120.37%) | -$245,246,000 |
Invested Capital | $1,400,889,000 (43.09%) | $979,036,000 (-43.70%) | $1,738,838,615 (-62.11%) | $4,589,377,066 |
Working Capital | - | - | -$14,605,202 (-142.30%) | -$6,027,659 |
Tangible Asset Value | $868,506,000 (4.01%) | $835,038,000 (-16.83%) | $1,003,968,000 (-68.70%) | $3,207,417,000 |
Market Capitalization | $135,141,568 (-77.64%) | $604,327,753 (72.35%) | $350,631,122 (1.92%) | $344,028,554 |
Average Equity | $15,854,000 (105.54%) | -$286,378,500 (-103.75%) | -$140,556,770 (-292.87%) | $72,877,067 |
Average Assets | $889,422,250 (-7.61%) | $962,659,750 (99.94%) | $481,466,026 (-53.46%) | $1,034,424,231 |
Invested Capital Average | $1,237,373,000 (-10.73%) | $1,386,169,269 (117.66%) | $636,839,280 (-53.01%) | $1,355,352,909 |
Shares | 15,150,400 (2.35%) | 14,802,884 (2029.89%) | 695,007 (0.00%) | 695,007 |
