BETRBetter Home & Finance Holding Co
Loan Brokers
- Revenue
- $165M
- 52% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$102M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired12% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear1% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | — | $12M | $0 | $108M | $165M | 52% |
| Operating income | −$8M | −$859M | −$291M | — | — | |
| Net income | −$7M | −$877M | −$536M | −$206M | −$166M | 20% |
| Operating cash flow | −$3M | $938M | −$160M | −$380M | −$167M | 56% |
| Capex | — | $12M | $456K | $3M | $1M | 65% |
| Stock-based comp | — | $31M | $54M | $27M | $20M | 24% |
| Buybacks | — | $8M | $0 | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $1M · 1
- Open-market sells, 12 mo
- $65K · 3
- Net
- $941K
Pay vs performance
No pay-versus-performance disclosure yet.