Redfin Corporation (RDFN)

Redfin Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	124.74	149.76	232.2	591	925.28
Short-Term Investments	-	41.95	122.26	33.74	131.56
Trading Asset Securities	3.36	4.6	2.34	-	-
Cash & Short-Term Investments	128.1	196.31	356.8	624.74	1,057
Cash Growth	-34.75%	-44.98%	-42.89%	-40.89%	246.27%
Accounts Receivable	48.73	51.74	46.38	69.59	54.72
Other Receivables	-	0.33	0.58	-	0.11
Receivables	48.73	52.07	46.95	69.59	54.83
Inventory	-	-	-	358.22	49.16
Prepaid Expenses	26.85	33.3	34.01	22.95	12.13
Restricted Cash	0.23	1.24	2.41	127.28	20.54
Other Current Assets	19.1	2.54	136.69	7.52	4.79
Total Current Assets	375.44	445.05	776.46	1,246	1,241
Property, Plant & Equipment	65.02	78.19	95.83	112.87	88.14
Long-Term Investments	-	3.15	29.48	54.83	11.92
Goodwill	461.35	461.35	461.35	409.38	9.19
Other Intangible Assets	102.28	155.46	198.53	185.93	1.83
Other Long-Term Assets	8.38	10.46	12.56	12.9	8.62
Total Assets	1,012	1,154	1,574	2,022	1,361
Accounts Payable	16.85	10.51	11.07	12.55	5.64
Accrued Expenses	67.42	84.87	101.1	111.41	78.96
Short-Term Debt	146.63	151.96	190.51	232.82	62.98
Current Portion of Long-Term Debt	73.52	-	23.43	23.28	22.48
Current Portion of Leases	12.86	15.61	18.56	15.04	11.97
Current Unearned Revenue	6.04	5.49	5.66	6.71	3.69
Other Current Liabilities	9.25	-	4.31	-	-
Total Current Liabilities	332.56	268.44	354.64	401.81	185.72
Long-Term Debt	742.04	813.15	1,078	1,214	488.27
Long-Term Leases	19.86	29.08	36.91	55.22	49.34
Long-Term Deferred Tax Liabilities	0.67	0.26	0.24	1.2	-
Other Long-Term Liabilities	-	-	0.39	-	6.81
Total Liabilities	1,095	1,111	1,470	1,672	730.14
Common Stock	0.13	0.12	0.11	0.11	0.1
Additional Paid-In Capital	905.51	826.15	757.95	682.08	860.56
Retained Earnings	-988.13	-823.33	-693.31	-372.16	-270.31
Comprehensive Income & Other	-0.17	-0.18	-0.8	-0.17	0.21
Total Common Equity	-82.67	2.75	63.95	309.85	590.56
Shareholders' Equity	-82.67	42.71	103.87	349.72	630.38
Total Liabilities & Equity	1,012	1,154	1,574	2,022	1,361
Total Debt	994.9	1,010	1,348	1,540	635.04
Net Cash (Debt)	-866.8	-813.5	-990.77	-915.64	421.8
Net Cash Growth	-	-	-	-	376.80%
Net Cash Per Share	-7.12	-7.19	-9.18	-8.75	4.28
Filing Date Shares Outstanding	126.39	119.24	109.74	106.4	103.21
Total Common Shares Outstanding	126.39	117.37	109.7	106.31	103
Working Capital	42.88	176.61	421.82	844.25	1,055
Book Value Per Share	-0.65	0.02	0.58	2.91	5.73
Tangible Book Value	-646.3	-614.06	-595.93	-285.46	579.54
Tangible Book Value Per Share	-5.11	-5.23	-5.43	-2.69	5.63
Machinery	20.72	23.93	27.61	22.31	15.22
Construction In Progress	4.51	5.55	6.83	10.37	5.69
Leasehold Improvements	25.2	28.79	32.26	33.46	29.56

Source: S&P Capital IQ. Standard template. Financial Sources.