Better Home & Finance Holding (BETRW) Long-Term Investments (2021 - 2023)
Better Home & Finance Holding (BETRW) posted Long-Term Investments of $21.3 million for Q2 2023, up 0.91% sequentially from $21.1 million in Q1 2023, and down 92.34% YoY from $278.5 million in Q2 2022.
Better Home & Finance Holding (BETRW) Long-Term Investments (2021 - 2023) Analysis & Trends
Better Home & Finance Holding has reported Long-Term Investments for 3 years, with the latest figure at $21.3 million in Q2 2023.
- Quarterly Long-Term Investments fell 92.34% year-over-year to $21.3 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $21.3 million (down 92.34% YoY) and the FY2022 annual result came in at $282.3 million, up 1.53% from the prior year.
- Long-Term Investments grew to $21.3 million in Q2 2023 per BETRW's latest filing, from $21.1 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $282.3 million in Q4 2022 and troughed at $21.1 million in Q1 2023.
- A 3-year average of $227.3 million and a median of $278.0 million in 2021 frame the typical range for Long-Term Investments.
- The sharpest annual moves came in 2022 and 2023: Long-Term Investments increased 1.53% in 2022, then tumbled 92.4% in 2023.
- Over 3 years, Long-Term Investments stood at $278.0 million in 2021, then increased by 1.53% to $282.3 million in 2022, then slumped by 92.45% to $21.3 million in 2023.
- According to Business Quant data, Long-Term Investments over the past three periods registered $21.3 million, $21.1 million, and $282.3 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 846,000.00 |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | 479.89 Mn |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 170.67 Mn |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | - |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | 96.04 Mn |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | - |
| 10 | Better Home & Finance Holding | 1.93 Mn | -100.32 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 21.32 Mn |
| Mar 31, 2023 | 21.12 Mn |
| Dec 31, 2022 | 282.28 Mn |
| Sep 30, 2022 | 279.82 Mn |
| Jun 30, 2022 | 278.47 Mn |
| Mar 31, 2022 | 278.05 Mn |
| Dec 31, 2021 | 278.02 Mn |
| Sep 30, 2021 | 278.02 Mn |
| Jun 30, 2021 | 278.01 Mn |
| Mar 31, 2021 | 278.00 Mn |