Better Home & Finance Holding (BETRW) Operating Income (2021 - 2024)
Better Home & Finance Holding (BETRW) posted Operating Income of $15.6 million for Q4 2024, up 128.73% sequentially from -$54.3 million in Q3 2024, and up 127.56% YoY from $6.9 million in Q1 2024.
Better Home & Finance Holding (BETRW) Operating Income (2021 - 2024) Analysis & Trends
Better Home & Finance Holding has reported Operating Income for 4 years, with the latest figure at $15.6 million in Q4 2024.
- Quarterly Operating Income rose 127.56% year-over-year to $15.6 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$105.6 million (up 35.28% YoY) and the FY2024 annual result came in at -$206.4 million, up 29.13% from the prior year.
- Operating Income advanced to $15.6 million in Q4 2024 per BETRW's latest filing, from -$54.3 million in the prior quarter.
- Over five years, Operating Income peaked at $15.6 million in Q4 2024 and troughed at -$177.3 million in Q3 2022.
- A 4-year average of -$36.5 million and a median of -$2.8 million in 2021 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2024: Operating Income slumped 5843.97% in 2022, then surged 310.64% in 2024.
- Over 4 years, Operating Income stood at -$3.8 million in 2021, then plunged by 3187.23% to -$125.8 million in 2022, then surged by 54.97% to -$56.6 million in 2023, then soared by 127.56% to $15.6 million in 2024.
- According to Business Quant data, Operating Income over the past three periods registered $15.6 million, -$54.3 million, and -$70.7 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (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 | 14.64 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | - |
| 8 | UWM Holdings | 472.54 Mn | -25.87 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 |
|---|---|
| Dec 31, 2024 | 15.61 Mn |
| Sep 30, 2024 | -54.32 Mn |
| Jun 30, 2024 | -70.70 Mn |
| Mar 31, 2024 | 3.78 Mn |
| Dec 31, 2023 | -56.62 Mn |
| Sep 30, 2023 | -105.66 Mn |
| Jun 30, 2023 | -1.84 Mn |
| Mar 31, 2023 | 921,000.00 |
| Dec 31, 2022 | -125.76 Mn |
| Sep 30, 2022 | -177.30 Mn |
| Jun 30, 2022 | -2.63 Mn |
| Mar 31, 2022 | -1.09 Mn |
| Dec 31, 2021 | -3.83 Mn |
| Sep 30, 2021 | -2.98 Mn |
| Jun 30, 2021 | -1.21 Mn |
| Mar 31, 2021 | -98,419.00 |