Offerpad Solutions Inc. (OPAD) quarterly income statement — complete revenue, gross profit & net income history
| Revenue | 80.08M | 114.12M | 132.68M | 160.31M | 160.7M | 174.27M | 208.07M | 251.12M | 285.36M | 240.46M | 234.23M | 230.15M |
| Revenue Growth % | -50.17% | -34.52% | -36.23% | -36.16% | -43.69% | -27.52% | -11.17% | 9.11% | -53.19% | -64.49% | -71.5% | -78.68% |
| Property Operating Expenses | 74.52M | 106.11M | 123.34M | 146.13M | 150.19M | 163.68M | 190.93M | 229.25M | 262.76M | 223.77M | 210.25M | 207.92M |
| Net Operating Income (NOI) | 5.56M | 8.01M | 9.34M | 14.19M | 10.51M | 10.59M | 17.14M | 21.87M | 22.59M | 16.69M | 23.97M | 22.23M |
| NOI Margin % | 6.94% | 7.02% | 7.04% | 8.85% | 6.54% | 6.08% | 8.24% | 8.71% | 7.92% | 6.94% | 10.23% | 9.66% |
| Operating Expenses | 14.59M | 15.34M | 16.08M | 21.97M | 22.04M | 24.26M | 26.07M | 31.73M | 36.18M | 27.94M | 43.52M | 44.06M |
| G&A Expenses | 13.7M | 14.73M | 15.29M | 20.98M | 21.02M | 23.42M | 25.12M | 30.77M | 34.41M | 26.71M | 41.36M | 41.75M |
| EBITDA | -8.74M | -7.06M | -6.49M | -7.53M | -4.53M | -13.52M | -8.78M | -9.71M | -13.42M | -11.08M | -19.37M | -21.66M |
| EBITDA Margin % | -10.92% | -6.19% | -4.89% | -4.7% | -2.82% | -7.76% | -4.22% | -3.87% | -4.7% | -4.61% | -8.27% | -9.41% |
| Depreciation & Amortization | 287K | 267K | 253K | 253K | 7M | 147K | 150K | 148K | 166K | 172K | 176K | 178K |
| D&A / Revenue % | 0.36% | 0.23% | 0.19% | 0.16% | 4.36% | 0.08% | 0.07% | 0.06% | 0.06% | 0.07% | 0.08% | 0.08% |
| Operating Income | -9.03M | -7.33M | -6.74M | -7.78M | -11.54M | -13.67M | -8.93M | -9.86M | -13.59M | -11.25M | -19.54M | -21.83M |
| Operating Margin % | -11.28% | -6.42% | -5.08% | -4.85% | -7.18% | -7.84% | -4.29% | -3.93% | -4.76% | -4.68% | -8.34% | -9.49% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | -5.26x | -2.43x | -2.08x | -1.97x | -5.26x | -3.26x | -1.64x | -2.02x | -2.55x | -2.00x | -3.53x | -10.94x |
| Non-Operating Income | -530K | -1.07M | 836K | -573K | 7M | -367K | -526K | -606K | -1.1M | -956K | -3.97M | -1.4M |
| Pretax Income | -10.12M | -8.83M | -11.22M | -10.87M | -15.02M | -17.39M | -13.51M | -13.84M | -17.39M | -15.45M | -19.98M | -22.3M |
| Pretax Margin % | -12.63% | -7.73% | -8.46% | -6.78% | -9.35% | -9.98% | -6.49% | -5.51% | -6.09% | -6.42% | -8.53% | -9.69% |
| Income Tax | 16K | -6K | 380K | 30K | 37K | -62K | 24K | -54K | 123K | -8K | 6K | 43K |
| Effective Tax Rate % | -0.16% | 0.07% | -3.39% | -0.28% | -0.25% | 0.36% | -0.18% | 0.39% | -0.71% | 0.05% | -0.03% | -0.19% |
| Net Income | -10.13M | -8.82M | -11.6M | -10.9M | -15.06M | -17.32M | -13.54M | -13.78M | -17.52M | -15.44M | -19.99M | -22.34M |
| Net Margin % | -12.65% | -7.73% | -8.75% | -6.8% | -9.37% | -9.94% | -6.51% | -5.49% | -6.14% | -6.42% | -8.53% | -9.71% |
| Net Income Growth % | 32.7% | 49.09% | 14.28% | 20.89% | 14.03% | -12.2% | 32.27% | 38.32% | 70.54% | 87.25% | 75.02% | -293.32% |
| Funds From Operations (FFO) | -9.85M | -8.55M | -11.35M | -10.65M | -8.05M | -17.18M | -13.39M | -13.63M | -17.35M | -15.27M | -19.81M | -22.17M |
| FFO Margin % | -12.3% | -7.49% | -8.56% | -6.64% | -5.01% | -9.86% | -6.43% | -5.43% | -6.08% | -6.35% | -8.46% | -9.63% |
| FFO Growth % | -22.28% | 50.21% | 15.21% | 21.89% | 53.59% | -12.5% | 32.42% | 38.49% | 70.72% | 87.37% | 75.08% | -289.65% |
| FFO per Share | -2.13 | -2.30 | -3.63 | -3.84 | -2.92 | -6.27 | -4.88 | -4.98 | -6.35 | -5.59 | -7.26 | -8.13 |
| FFO Payout Ratio % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | -2.20 | -2.40 | -3.70 | -3.90 | -5.50 | -6.30 | -4.90 | -5.00 | -6.40 | -5.70 | -7.30 | -8.20 |
| EPS Growth % | 60% | 61.9% | 24.49% | 22% | 14.06% | -10.53% | 32.88% | 39.02% | 74.5% | 92.24% | 84.98% | -224.24% |
| EPS (Basic) | -2.20 | -2.40 | -3.70 | -3.90 | -5.50 | -6.30 | -4.90 | -5.00 | -6.40 | -5.70 | -7.30 | -8.20 |
| Diluted Shares Outstanding | 4.62M | 3.72M | 3.13M | 2.78M | 2.76M | 2.74M | 2.74M | 2.74M | 2.73M | 2.73M | 2.73M | 2.73M |