earnings
confidence high
sentiment negative
materiality 0.55
Offerpad reports preliminary Q2 revenue $160.3M, net loss $10.9M; $15M debt facility
Offerpad Solutions Inc.
2025-Q2 EPS reported
-$0.94
revenue$321,013,000
- Revenue of $160.3M, net loss of $(10.9)M, Adjusted EBITDA loss of $(4.8)M for Q2 2025.
- Sold 452 homes in Q2; cash and equivalents of $22.7M as of June 30, 2025.
- Non-binding term sheet for $15M revolving debt facility at 8.50% interest, 3-year term, subject to final docs.