Offerpad Solutions Inc. (OPAD)

Offerpad Solutions Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	30.83	43.02	75.97	97.24	169.82	43.94
Cash & Short-Term Investments	30.83	43.02	75.97	97.24	169.82	43.94
Cash Growth	-55.03%	-43.37%	-21.88%	-42.74%	286.49%	92.24%
Receivables	6.29	3.85	9.94	2.35	6.17	2.31
Inventory	210.85	214.17	276.5	664.7	1,133	171.36
Prepaid Expenses	2.66	2.56	5.24	6.83	9.81	2.88
Restricted Cash	4.86	30.61	3.97	43.06	24.62	6.8
Total Current Assets	255.48	294.21	371.61	814.18	1,343	227.29
Property, Plant & Equipment	17.95	17.71	7.86	10.66	9.93	8.23
Other Long-Term Assets	1.05	1.13	0.23	0.23	0.18	0.35
Total Assets	274.48	313.05	379.69	825.07	1,353	235.87
Accounts Payable	2.15	1.92	4.95	4.65	6.4	2.15
Accrued Expenses	8.86	7.97	10.11	23.39	32.45	10.54
Current Portion of Long-Term Debt	210.97	237.24	257.22	666.07	1,026	176.97
Current Portion of Leases	1.36	0.96	2.27	2.26	1.35	-
Other Current Liabilities	2.49	2.87	1.47	2.59	1.23	0.65
Total Current Liabilities	225.83	250.97	276.03	698.96	1,068	190.3
Long-Term Debt	-	-	-	-	-	4.71
Long-Term Leases	13.94	14.2	1.42	3.69	3.83	-
Other Long-Term Liabilities	0.49	0.23	0.47	0.54	24.06	-
Total Liabilities	240.26	265.4	277.92	703.19	1,096	195.01
Common Stock	0	0	0	0	0.02	-
Additional Paid-In Capital	509.32	507.7	499.66	402.54	389.6	5.91
Retained Earnings	-475.1	-460.05	-397.89	-280.67	-132.06	-138.52
Treasury Stock	-	-	-	-	-	-10.65
Total Common Equity	34.22	47.65	101.78	121.88	257.57	-143.26
Shareholders' Equity	34.22	47.65	101.78	121.88	257.57	40.87
Total Liabilities & Equity	274.48	313.05	379.69	825.07	1,353	235.87
Total Debt	226.27	252.41	260.91	672.02	1,031	181.68
Net Cash (Debt)	-195.45	-209.39	-184.95	-574.78	-861.55	-137.74
Net Cash Per Share	-7.12	-7.64	-7.01	-35.17	-90.23	-35.71
Filing Date Shares Outstanding	27.54	27.38	27.29	16.49	15.94	7.68
Total Common Shares Outstanding	27.54	27.38	27.23	16.48	15.93	7.68
Working Capital	29.65	43.25	95.58	115.22	275.36	36.99
Book Value Per Share	1.24	1.74	3.74	7.40	16.17	-18.65
Tangible Book Value	34.22	47.65	101.78	121.88	257.57	-143.26
Tangible Book Value Per Share	1.24	1.74	3.74	7.40	16.17	-18.65
Machinery	6.43	5.89	6.18	6.08	5.5	5.43
Construction In Progress	0.12	5.44	0.03	0.14	-	-
Leasehold Improvements	6	1.06	1.13	1.09	0.8	0.75

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q