{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-013454","form_type":"8-K","ticker":"BETR","cik":"0001835856","company_name":"Better Home & Finance Holding Co","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.866745+00:00","generated_at":"2026-06-04T06:29:06.694098+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Better Home reports Q4 revenue $9M, net loss $59M; FY23 loss $534M; guides Q1 volume $600-650M","bullets":["Q4 2023 GAAP revenue $9M, net loss $59M; FY23 revenue $77M, net loss $534M.","Funded loan volume Q4 $527M (1,633 loans); FY23 $3B (8,569 loans); 91% purchase loans.","Adjusted EBITDA loss Q4 $26M, FY23 $163M; improvements of 53% q/q and 69% y/y.","Pivoted to commission-based loan officers; launched One Day HELOC with 470% volume growth from Q1 to Q4 2023.","Ended 2023 with $554M cash; expects Q1 2024 funded volume of $600-650M with cost discipline."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-013454","json":"https://secwatch.observer/filing/0001628280-24-013454.json","markdown":"https://secwatch.observer/filing/0001628280-24-013454.md","text":"https://secwatch.observer/filing/0001628280-24-013454.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/0001628280-24-013454-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/betr-20240328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T06:29:06.694098+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7b777a80b83a2fee2dd913fb9b3b3e6599013660","claim":"Better Home & Finance Holding Co reported the full year ended December 31, 2023 results: revenue Revenue of $77 million, net income Net loss of $534 million. Guidance initiated.","evidence_excerpt":"Full Year 2023 Financial Highlights: GAAP Results: • Revenue of $77 million • Net loss of $534 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/0001628280-24-013454-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"Revenue of $77 million"},{"label":"Net income","value":"Net loss of $534 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"ca32d9809df565aa2a5919a7946b8904d7a8c5e2","claim":"Better Home & Finance Holding Co reported the fourth quarter ended December 31, 2023 results: revenue Revenue of $9 million, net income Net loss of $59 million. Guidance initiated.","evidence_excerpt":"Fourth Quarter 2023 Financial Highlights: GAAP Results: • Revenue of $9 million • Net loss of $59 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835856/000162828024013454/0001628280-24-013454-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"Revenue of $9 million"},{"label":"Net income","value":"Net loss of $59 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}