OPAD RSI Chart
Last 7 days
4.8%
Last 30 days
-8.0%
Last 90 days
-14.8%
Trailing 12 Months
0.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.2B | 2.3B | 1.8B | 1.3B |
2022 | 3.2B | 3.9B | 4.1B | 4.0B |
2021 | 980.6M | 1.1B | 1.4B | 2.1B |
2020 | 1.1B | 1.1B | 1.1B | 1.1B |
2019 | 0 | 0 | 0 | 1.1B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 04, 2024 | patel hiten m | sold (taxes) | -724 | 7.24 | -100 | see remarks |
Mar 28, 2024 | degiorgio kenneth d | acquired | - | - | 2,932 | - |
Mar 28, 2024 | palmer sheryl | acquired | - | - | 2,314 | - |
Mar 28, 2024 | klabin alexander | acquired | - | - | 2,160 | - |
Mar 28, 2024 | ohara ryan | acquired | - | - | 2,314 | - |
Mar 01, 2024 | grout james | sold (taxes) | -1,260 | 8.75 | -144 | senior vice president, finance |
Mar 01, 2024 | aronovitch benjamin adam | sold (taxes) | -4,200 | 8.75 | -480 | chief legal officer |
Dec 31, 2023 | ohara ryan | acquired | - | - | 1,829 | - |
Dec 31, 2023 | degiorgio kenneth d | acquired | - | - | 2,317 | - |
Dec 31, 2023 | palmer sheryl | acquired | - | - | 1,829 | - |
Which funds bought or sold OPAD recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 18, 2024 | Aspire Private Capital, LLC | unchanged | - | -43.00 | 162 | -% |
Apr 15, 2024 | First American Financial Corp | new | - | 52,473,000 | 52,473,000 | 15.26% |
Apr 05, 2024 | LL Funds, LLC | unchanged | - | -14,369,200 | 54,135,000 | 100.00% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 21.34 | 2,561,530 | 11,899,600 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | new | - | 308,054 | 308,054 | -% |
Feb 26, 2024 | Privium Fund Management B.V. | sold off | -100 | -41,612 | - | -% |
Feb 15, 2024 | BARCLAYS PLC | added | 21.71 | 25,000 | 116,000 | -% |
Feb 15, 2024 | JANE STREET GROUP, LLC | sold off | -100 | -772 | - | -% |
Feb 14, 2024 | CITADEL ADVISORS LLC | new | - | 10,947 | 10,947 | -% |
Feb 14, 2024 | Point72 Asset Management, L.P. | sold off | -100 | -2,013 | - | -% |
Unveiling Offerpad Solutions Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Offerpad Solutions Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSGP | 34.6B | 2.5B | 92.23 | 14.08 | ||||
CBRE | 26.6B | 31.9B | 27 | 0.83 | ||||
Z | 10.1B | 1.9B | -64.2 | 5.22 | ||||
MID-CAP | ||||||||
JLL | 8.7B | 20.8B | 38.38 | 0.42 | ||||
JOE | 3.3B | 389.3M | 42.84 | 8.55 | ||||
DBRG | 2.8B | 821.4M | 15.04 | 3.39 | ||||
CWK | 2.2B | 9.5B | -61.84 | 0.23 | ||||
SMALL-CAP | ||||||||
EXPI | 1.6B | 4.3B | -181.68 | 0.38 | ||||
ARL | 231.1M | 50.5M | 58.25 | 4.58 | ||||
AXR | 110.7M | 44.5M | 49.66 | 2.49 | ||||
CHCI | 60.5M | 44.7M | 7.77 | 1.35 | ||||
ASPS | 44.1M | 145.1M | -0.79 | 0.3 |
Offerpad Solutions Inc. News
Income Statement (Quarterly) | ||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Revenue | 2.7% | 240,458,000 | 234,228,000 | 230,147,000 | 609,579,000 | 677,214,000 | 821,732,000 | 1,079,531,000 | 1,373,837,000 | 867,540,000 | 540,287,000 | 378,647,000 | 283,972,000 | 223,230,000 | 186,365,000 | 287,007,000 | 367,655,000 | - |
Cost Of Revenue | 6.4% | 223,766,000 | 210,255,000 | 207,916,000 | 602,294,000 | 722,074,000 | 819,573,000 | 986,550,000 | 1,241,695,000 | 797,248,000 | 487,165,000 | 327,783,000 | 250,435,000 | - | 166,600,000 | - | - | - |
Gross Profit | -30.4% | 16,692,000 | 23,973,000 | 22,231,000 | 7,285,000 | -44,860,000 | 2,159,000 | 92,981,000 | 132,142,000 | 70,292,000 | 53,122,000 | 50,864,000 | 33,537,000 | 25,255,000 | 19,765,000 | 17,861,000 | 24,898,000 | - |
Operating Expenses | -35.8% | 27,943,000 | 43,515,000 | 44,065,000 | 59,071,000 | 65,039,000 | 72,370,000 | 84,603,000 | 87,727,000 | 66,957,000 | 49,664,000 | 39,335,000 | 32,093,000 | 290,641 | 21,686,000 | - | - | - |
S&GA Expenses | -34.2% | 17,932,000 | 27,235,000 | 29,040,000 | 42,351,000 | 48,761,000 | 55,043,000 | 65,239,000 | 69,888,000 | 51,474,000 | 38,727,000 | 31,595,000 | 25,076,000 | 229,377 | 16,072,000 | - | - | - |
R&D Expenses | -42.7% | 1,236,000 | 2,156,000 | 2,312,000 | 2,241,000 | 2,978,000 | 2,687,000 | 3,243,000 | 3,182,000 | 3,197,000 | 2,777,000 | 2,603,000 | 2,283,000 | - | 1,633,000 | - | - | - |
EBITDA Margin | 32.6% | -0.07 | -0.11 | -0.10 | -0.06 | -0.03 | 0.01 | 0.02 | 0.02 | 0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.03 | -0.03 | -0.03 | -0.03 |
Interest Expenses | 17.0% | 5,154,000 | 4,406,000 | 1,867,000 | 7,432,000 | 15,135,000 | 15,889,000 | 7,771,000 | 7,196,000 | 6,178,000 | 5,495,000 | 2,257,000 | 1,918,000 | - | 1,312,000 | - | - | - |
Income Taxes | -25.0% | 4,500 | 6,000 | 40,000 | 100,000 | 324,000 | -3,474,000 | 1,610,000 | 1,899,000 | -15,000 | 81,000 | 89,000 | - | 4,749 | - | - | - | - |
Earnings Before Taxes | 22.7% | -15,449,000 | -19,980,000 | -22,301,000 | -59,325,000 | -120,859,000 | -83,496,000 | 13,168,000 | 42,887,000 | 12,776,000 | -15,222,000 | 9,279,000 | -233,000 | -25,376,129 | -2,944,000 | - | - | - |
EBT Margin | 29.9% | -0.09 | -0.13 | -0.12 | -0.08 | -0.04 | 0.00 | 0.01 | 0.02 | 0.00 | -0.02 | -0.02 | -0.02 | -0.02 | -0.05 | -0.05 | -0.05 | -0.05 |
Net Income | 22.7% | -15,441,000 | -19,986,000 | -22,344,000 | -59,447,000 | -121,137,000 | -80,022,000 | 11,558,000 | 40,988,000 | 12,806,000 | -15,303,000 | 9,190,000 | -233,000 | -1,319,000 | -2,944,000 | -7,390,000 | -11,465,000 | - |
Net Income Margin | 29.9% | -0.09 | -0.13 | -0.12 | -0.08 | -0.04 | 0.00 | 0.01 | 0.02 | 0.00 | -0.01 | 0.00 | -0.01 | -0.02 | -0.05 | -0.05 | -0.05 | -0.05 |
Free Cashflow | 83.8% | -15,360,000 | -94,540,000 | -54,963,000 | 426,368,000 | 397,173,000 | 20,363,000 | -392,650,000 | 279,446,000 | -217,186,000 | -414,949,000 | -254,370,000 | -49,102,000 | -3,282,670 | - | - | - | - |
Balance Sheet | |||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 |
Assets | -10.1% | 380 | 422 | 353 | 338 | 825 | 1,438 | 1,527 | 1,150 | 1,353 | 1,069 | 403 | 404 | 236 | - |
Current Assets | -10.1% | 372 | 413 | 344 | 328 | 814 | 1,426 | 1,515 | 1,139 | 1,343 | 1,059 | 1.00 | 1.00 | 227 | - |
Cash Equivalents | -28.3% | 76.00 | 106 | 116 | 108 | 97.00 | 197 | 155 | 198 | 170 | 117 | 45.00 | 26.00 | 51.00 | 36.00 |
Inventory | -4.5% | 277 | 290 | 211 | 173 | 665 | 1,184 | 1,289 | 872 | 1,133 | 902 | - | - | 171 | - |
Net PPE | -3.9% | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 5.00 | 5.00 | 10.00 | - | - | 8.00 | - |
Liabilities | -9.5% | 278 | 307 | 220 | 184 | 703 | 1,197 | 1,208 | 847 | 1,096 | 825 | 53.00 | 59.00 | 195 | - |
Current Liabilities | -9.4% | 276 | 305 | 217 | 180 | 699 | 1,189 | 1,198 | 824 | 1,068 | 786 | 5.00 | 3.00 | 190 | 0.00 |
Shareholder's Equity | -11.7% | 102 | 115 | 133 | 154 | 122 | 241 | 319 | 241 | 258 | 244 | 5.00 | 5.00 | 5.00 | 0.00 |
Retained Earnings | -4.0% | -397 | -382 | -362 | -340 | -280 | -159 | -79.51 | -91.07 | -132 | -144 | -14.57 | -20.22 | -138 | -0.03 |
Additional Paid-In Capital | 0.4% | 500 | 498 | 496 | 494 | 403 | 401 | 398 | 394 | 390 | 389 | 20.00 | 25.00 | 6.00 | 0.00 |
Shares Outstanding | 1.2% | 26.00 | 26.00 | 27.00 | 24.00 | 16.00 | 16.00 | 16.00 | 16.00 | 8.00 | 8.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Float | - | - | - | 140 | - | - | - | 201 | - | - | - | 0.00 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Cashflow From Operations | 83.8% | -15,323 | -94,540 | -54,948 | 426,443 | 397,326 | 20,555 | -392,306 | 279,827 | -217,108 | -407,282 | -249,418 | -48,112 | -491 | - | - |
Share Based Compensation | -0.8% | 2,000 | 2,017 | 2,055 | 1,843 | 2,014 | 2,265 | 2,400 | 1,628 | 763 | 1,053 | 649 | 614 | - | - | - |
Cashflow From Investing | -27.2% | 1,663 | 2,284 | -675 | -1,287 | -153 | -192 | -344 | -381 | -78.00 | -7,667 | -4,952 | 1,042 | -402,500 | - | - |
Cashflow From Financing | -123.8% | -19,814 | 83,407 | 34,933 | -422,508 | -480,542 | 3,367 | 356,830 | -238,121 | 274,961 | 493,706 | 283,211 | 25,388 | 404,071 | - | - |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Revenue | $ 1,314,412 | $ 3,952,314 | $ 2,070,446 |
Costs of revenue | 1,244,231 | 3,769,892 | 1,862,631 |
Gross profit | 70,181 | 182,422 | 207,815 |
Operating expenses: | |||
Sales, marketing and operating | 116,558 | 238,931 | 146,872 |
General and administrative | 50,091 | 58,718 | 30,317 |
Technology and development | 7,945 | 12,090 | 10,860 |
Total operating expenses | 174,594 | 309,739 | 188,049 |
(Loss) income from operations | (104,413) | (127,317) | 19,766 |
Other income (expense): | |||
Change in fair value of warrant liabilities | 68 | 23,522 | 2,464 |
Interest expense | (18,859) | (45,991) | (15,848) |
Other income, net | 6,149 | 1,532 | 248 |
Total other expense | (12,642) | (20,937) | (13,136) |
(Loss) income before income taxes | (117,055) | (148,254) | 6,630 |
Income tax expense | (163) | (359) | (170) |
Net (loss) income | $ (117,218) | $ (148,613) | $ 6,460 |
Net (loss) income per share, basic | $ (4.44) | $ (9.09) | $ 0.82 |
Net (loss) income per share, diluted | $ (4.44) | $ (9.09) | $ 0.68 |
Weighted average common shares outstanding, basic | 26,385 | 16,343 | 7,905 |
Weighted average common shares outstanding, diluted | 26,385 | 16,343 | 9,548 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||||
---|---|---|---|---|---|---|
Current assets: | ||||||
Cash and cash equivalents | $ 75,967 | $ 97,241 | ||||
Restricted cash | 3,967 | 43,058 | ||||
Accounts receivable | 9,935 | 2,350 | ||||
Real estate inventory | 276,500 | 664,697 | ||||
Prepaid expenses and other current assets | 5,236 | 6,833 | ||||
Total current assets | 371,605 | 814,179 | ||||
Property and equipment, net | 4,517 | 5,194 | ||||
Other non-current assets | 3,572 | 5,696 | ||||
Total assets | [1] | 379,694 | 825,069 | |||
Current liabilities: | ||||||
Accounts payable | 4,946 | 4,647 | ||||
Accrued and other current liabilities | 13,859 | 28,252 | ||||
Secured credit facilities and other debt, net | 227,132 | 605,889 | ||||
Secured credit facilities and other debt - related party | 30,092 | 60,176 | ||||
Total current liabilities | 276,029 | 698,964 | ||||
Warrant liabilities | 471 | 539 | ||||
Other long-term liabilities | 1,418 | 3,689 | ||||
Total liabilities | [2] | 277,918 | 703,192 | |||
Commitments and contingencies (Note 17) | ||||||
Stockholders' equity: | ||||||
Additional paid in capital | 499,660 | 402,544 | ||||
Accumulated deficit | (397,887) | (280,669) | ||||
Total stockholders' equity | 101,776 | 121,877 | ||||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 379,694 | 825,069 | ||||
Class A Common Stock | ||||||
Stockholders' equity: | ||||||
Common stock value | 3 | 2 | ||||
Class B Common Stock | ||||||
Stockholders' equity: | ||||||
Common stock value | $ 0 | $ 0 | ||||
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