earnings
confidence high
sentiment positive
materiality 0.65
Better Home & Finance Q1 revenue $33M (+50% YoY); loan volume $868M (+31% YoY)
Better Home & Finance Holding Co
2025-Q1 EPS reported
-$3.33
revenue$4,030,000
- Revenue of $33M vs $22M in Q1'24 and $25M in Q4'24; net loss unchanged at $51M.
- Funded loan volume $868M, up 31% year-over-year; expects Q2 volume to increase sequentially.
- AI loan assistant Betsy expanded to processing/underwriting; Tinman platform adding bank partner.
- Expects 2025 funded loan volume to increase over 2024 and Adjusted EBITDA losses to improve.
- NEO Powered by Better channel shows early rapid growth; diversifying distribution via Tinman.