Opendoor Technologies (OPEN) Intangibles (2019 - 2024)
Opendoor Technologies (OPEN) reported Intangibles of $2.0 million for Q2 2024, down 77.78% on a YoY basis from $9.0 million in Q3 2023, and down 50.0% quarter-over-quarter from $4.0 million in Q1 2024.
Opendoor Technologies (OPEN) Intangibles (2019 - 2024) Analysis & Trends
Opendoor Technologies has reported Intangibles for 6 years, with the latest figure at $2.0 million in Q2 2024.
- For the quarter ending Q2 2024, Intangibles fell 77.78% year-over-year to $2.0 million; the trailing twelve-month figure through Jun 2024 stood at $2.0 million (down 77.78% YoY), and the FY2023 full-year result was $5.0 million, down 58.33% from the prior year.
- Intangibles for Q2 2024 stood at $2.0 million, down from $4.0 million in the prior quarter.
- The five-year high for Intangibles was $12.0 million in Q4 2021, with the low at $2.0 million in Q2 2024.
- Historically, Intangibles has averaged $8.2 million across 5 years, with a median of $8.1 million in 2021.
- Annual changes were most pronounced in 2021 — Intangibles jumped 33.33% — and 2024, when it slumped 77.78%.
- Opendoor Technologies' Intangibles stood at $9.0 million in 2020, then jumped by 33.33% to $12.0 million in 2021, then changed by 0.0% to $12.0 million in 2022, then tumbled by 58.33% to $5.0 million in 2023, then slumped by 60.0% to $2.0 million in 2024.
- The last three Intangibles figures came in at $2.0 million (Q2 2024), $4.0 million (Q1 2024), and $5.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | - |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 2.92 Bn |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 1.73 Bn |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | 650.30 Mn |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | - |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 3.10 Bn |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | - |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | 645.10 Mn |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | 75.00 Mn |
| 10 | Kennedy-Wilson Holdings | 1.53 Bn | 1.38 Bn | 83.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 5.00 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 11.00 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | 10.00 Mn |
| Dec 31, 2021 | 12.00 Mn |
| Sep 30, 2021 | 11.49 Mn |
| Jun 30, 2021 | 7.75 Mn |
| Mar 31, 2021 | 8.10 Mn |
| Dec 31, 2020 | 9.00 Mn |
| Dec 31, 2019 | 12.41 Mn |