Better Financial Statements From 2010 to 2024

BETR Stock   15.77  1.46  10.20%   
Better Home financial statements provide useful quarterly and yearly information to potential Better Home Finance investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Better Home financial statements helps investors assess Better Home's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Better Home's valuation are summarized below:
Gross Profit
-216.5 M
Market Capitalization
216.8 M
Enterprise Value Revenue
7.249
Revenue
61.7 M
Earnings Share
(1.20)
There are over one hundred nineteen available fundamental signals for Better Home Finance, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to validate Better Home's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/30/2024, Market Cap is likely to grow to about 17.8 B. Also, Enterprise Value is likely to grow to about 18 B

Better Home Total Revenue

84.08 Million

Check Better Home financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Better Home's main balance sheet or income statement drivers, such as Depreciation And Amortization of 45 M, Interest Expense of 30 M or Selling General Administrative of 74.7 M, as well as many indicators such as Price To Sales Ratio of 248, Dividend Yield of 0.0 or PTB Ratio of 161. Better financial statements analysis is a perfect complement when working with Better Home Valuation or Volatility modules.
  
Check out the analysis of Better Home Correlation against competitors.

Better Home Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 B905.6 M1.5 B
Slightly volatile
Short and Long Term Debt Total915.8 M672.1 M975.5 M
Slightly volatile
Other Current Liabilities3.2 M3.4 M71.8 M
Pretty Stable
Total Current Liabilities197.8 M208.3 M334.7 M
Slightly volatile
Property Plant And Equipment Net56.1 M36.4 M47.6 M
Slightly volatile
Current Deferred Revenue11.5 M12.1 M23.8 M
Slightly volatile
Accounts Payable72.5 M66.6 M40.5 M
Slightly volatile
Cash393.6 M503.6 M402 M
Slightly volatile
Non Current Assets Total107.8 M113.5 M291.6 M
Slightly volatile
Cash And Short Term Investments399.2 M529.2 M404.1 M
Slightly volatile
Net Receivables185.6 M195.4 M430.7 M
Slightly volatile
Good Will43.2 M32.4 M42 M
Slightly volatile
Common Stock Shares Outstanding391.9 M461.7 M204.5 M
Slightly volatile
Liabilities And Stockholders Equity1.4 B905.6 M1.5 B
Slightly volatile
Non Current Liabilities Total464.1 M574.7 M342.4 M
Pretty Stable
Inventory142.3 M135.6 M22.9 M
Slightly volatile
Other Current Assets48 M67.5 M26.6 M
Slightly volatile
Total Liabilities1.3 B783 M1.3 B
Slightly volatile
Total Current Assets1.3 B792.1 M692.2 M
Slightly volatile
Short Term Debt119.9 M126.2 M746.3 M
Slightly volatile
Intangible Assets36.2 M38.1 M178.4 M
Slightly volatile
Other Liabilities75.9 M100.2 M34.2 M
Slightly volatile
Property Plant Equipment54.8 M83.4 M27.3 M
Slightly volatile
Long Term Debt296.3 M514.6 M182.9 M
Slightly volatile
Capital Lease Obligations44 M31.2 M67.9 M
Slightly volatile
Deferred Long Term Liabilities11.4 M12.8 M14 M
Slightly volatile
Net Invested Capital993.7 M763.5 M2.2 B
Slightly volatile
Property Plant And Equipment Gross68.2 M54.3 M101.5 M
Slightly volatile
Short and Long Term Debt119.9 M126.2 M1.8 B
Slightly volatile
Capital Stock70.3 K74 K378.1 M
Slightly volatile
Non Current Liabilities Other4.7 M6.1 M7.8 M
Slightly volatile

Better Home Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization45 M42.9 M9.8 M
Slightly volatile
Interest Expense30 M31.6 M64.5 M
Slightly volatile
Selling General Administrative74.7 M92.8 M63.7 M
Slightly volatile
Selling And Marketing Expenses21 M22.1 M100 M
Slightly volatile
Total Revenue84.1 M88.5 M532.9 M
Slightly volatile
Other Operating Expenses483.9 M379.8 M287.2 M
Slightly volatile
Cost Of Revenue142.3 M149.8 M396.7 M
Slightly volatile
Research Development94.2 M83.8 M135.8 M
Slightly volatile
Reconciled Depreciation43.7 M42.9 M30.8 M
Slightly volatile

Better Home Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation32.8 M54.2 M27.9 M
Slightly volatile
Begin Period Cash Flow319.3 M346.1 M166.1 M
Slightly volatile
Depreciation21.8 M42.9 M12.6 M
Slightly volatile
Dividends Paid17.8 M20.1 M21.8 M
Slightly volatile
Capital Expenditures9.3 M9.8 M11.1 M
Slightly volatile
End Period Cash Flow415 M528.1 M261.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio248213201
Slightly volatile
Days Sales Outstanding846806351
Slightly volatile
Stock Based Compensation To Revenue0.640.6120.1254
Slightly volatile
Capex To Depreciation0.220.2281.018
Slightly volatile
EV To Sales249215202
Slightly volatile
Inventory Turnover275519357
Slightly volatile
Days Of Inventory On Hand0.690.7315.7625
Slightly volatile
Payables Turnover2.142.25086.7824
Slightly volatile
Sales General And Administrative To Revenue1.11.0490.2534
Slightly volatile
Research And Ddevelopement To Revenue0.990.94710.2472
Slightly volatile
Capex To Revenue0.120.11050.0438
Slightly volatile
Cash Per Share1.21.14620.7191
Slightly volatile
Days Payables Outstanding17016266.1533
Slightly volatile
Intangibles To Total Assets0.0740.07790.4323
Slightly volatile
Current Ratio3.993.80331.3543
Slightly volatile
Receivables Turnover0.430.45296.8983
Slightly volatile
Graham Number1.822.63481.9125
Slightly volatile
Capex Per Share0.02010.02120.0467
Slightly volatile
Revenue Per Share0.180.19171.8435
Slightly volatile
Interest Debt Per Share1.281.45651.7851
Slightly volatile
Debt To Assets0.410.70770.4371
Slightly volatile
Operating Cycle846806367
Slightly volatile
Days Of Payables Outstanding17016266.1533
Slightly volatile
Ebt Per Ebit1.931.83481.0525
Slightly volatile
Long Term Debt To Capitalization0.460.80760.4135
Slightly volatile
Total Debt To Capitalization0.560.83940.6567
Slightly volatile
Quick Ratio3.993.80331.2878
Slightly volatile
Net Income Per E B T0.651.00370.7137
Slightly volatile
Cash Ratio2.542.41810.6228
Slightly volatile
Cash Conversion Cycle676644301
Slightly volatile
Days Of Inventory Outstanding0.690.7315.7625
Slightly volatile
Days Of Sales Outstanding846806351
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.011.06121.4252
Very volatile
Fixed Asset Turnover2.312.428539.3537
Slightly volatile
Debt Ratio0.410.70770.4371
Slightly volatile
Price Sales Ratio248213201
Slightly volatile
Asset Turnover0.09280.09770.3833
Slightly volatile

Better Home Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap17.8 B17 B10.2 B
Slightly volatile
Enterprise Value18 B17.1 B10.3 B
Slightly volatile

Better Fundamental Market Drivers

Cash And Short Term Investments529.2 M

Better Upcoming Events

15th of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Better Home Financial Statements

Better Home shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Better Home investors may analyze each financial statement separately, they are all interrelated. The changes in Better Home's assets and liabilities, for example, are also reflected in the revenues and expenses on on Better Home's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue12.1 M11.5 M
Total Revenue88.5 M84.1 M
Cost Of Revenue149.8 M142.3 M
Stock Based Compensation To Revenue 0.61  0.64 
Sales General And Administrative To Revenue 1.05  1.10 
Research And Ddevelopement To Revenue 0.95  0.99 
Capex To Revenue 0.11  0.12 
Revenue Per Share 0.19  0.18 
Ebit Per Revenue(3.29)(3.13)

Pair Trading with Better Home

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Better Home position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Better Home will appreciate offsetting losses from the drop in the long position's value.

Moving against Better Stock

  0.78MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.76LC LendingClub CorpPairCorr
  0.71GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
  0.71SF Stifel Financial Fiscal Year End 22nd of January 2025 PairCorr
  0.7DIST Distoken AcquisitionPairCorr
The ability to find closely correlated positions to Better Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Home when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Better Home - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Better Home Finance to buy it.
The correlation of Better Home is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Better Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Home Finance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Better Home can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Better Stock Analysis

When running Better Home's price analysis, check to measure Better Home's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.