Better Home & Finance Holding Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $164.9M | $108.5M | $0 | $12.3M |
| Cost of Revenue | — | — | — | — |
| Gross Profit | — | — | — | — |
| Gross Margin | — | — | — | — |
| Operating Expenses | ||||
| Research & Development | $27.9M | $26.1M | $39.4M | $124.3M |
| SG&A Expense | $45.3M | $52.2M | $60.2M | $185.9M |
| Operating Income | $-165.8M | $-205.4M | $-291.3M | $-858.9M |
| Operating Margin | -100.6% | -189.4% | — | -6,975.7% |
| Interest Expense | — | — | $11.7M | $17.1M |
| Pretax Income | $-165.8M | $-205.4M | $-534.4M | $-876.0M |
| Income Tax Expense | $53.0K | $850.0K | $2.0M | $1.1M |
| Net Income | $-165.9M | $-206.3M | $-536.4M | $-877.1M |
| Net Margin | -100.6% | -190.2% | — | -7,123.2% |
| EPS (Basic) | $-10.80 | $-13.65 | $-58.09 | $-3.01 |
| EPS (Diluted) | $-10.80 | $-13.65 | $-58.09 | $-3.01 |
| Shares Outstanding (Basic) | 15.4M | 15.1M | 9.2M | 291.3M |
| Shares Outstanding (Diluted) | 15.4M | 15.1M | 9.2M | 291.3M |
| Dividends Per Share | — | — | — | — |