Offerpad Solutions Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-46.4M | $-62.2M | $-117.2M | $-148.6M | $6.5M | $-23.1M | $-52.0M |
| Depreciation & Amortization | — | — | — | $1.0M | $523.0K | $434.0K | $377.0K |
| Depreciation | $979.0K | $611.0K | $728.0K | $1.0M | $523.0K | $400.0K | $400.0K |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $2.8M | $8.1M | $7.9M | $8.3M | $3.1M | $1.4M | $1.3M |
| Net Cash from Operating Activities | $66.8M | $20.8M | $261.6M | $305.4M | $-921.9M | $154.9M | $-109.0M |
| Investing Activities | |||||||
| Capital Expenditures | $1.1M | $5.4M | $127.0K | $1.1M | $13.7M | $2.9M | $1.0M |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.1M | $-5.3M | $2.0M | $-1.1M | $-11.7M | $-2.9M | $-979.0K |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | $10.7M |
| Net Cash from Financing Activities | $-111.2M | $-21.8M | $-324.0M | $-358.5M | $1.08B | $-131.1M | $122.5M |
| Net Change in Cash | $-45.5M | $-6.3M | $-60.4M | $-54.1M | $143.7M | $20.9M | $12.6M |
| Free Cash Flow | $65.7M | $15.4M | $261.5M | $304.3M | $-935.6M | $152.0M | $-110.0M |