Opendoor Technologies Inc.

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OPENOpendoor Technologies Inc. US flag

NASDAQ Global Select

4.69

USD

+0.25

- -

3.60BMarket Cap

Income Statement (USD)

MCP API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	1,838	4,741	2,583	8,021	15,567	6,946	5,153	4,371
+ Sales & Services Revenue	1,838	4,741	2,583	8,021	15,567	6,946	5,153	4,371
- Cost of Revenue	1,705	4,440	2,363	7,291	14,900	6,459	4,720	4,021
+ Cost of Goods & Services	1,705	4,440	2,363	7,291	14,900	6,459	4,720	4,021
Gross Profit	133	301	220	730	667	487	433	350
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	297	549	406	1,298	1,521	859	736	627
+ Selling, General & Admin	269	498	348	1,164	1,352	692	595	548
+ Research & Development	28	51	58	134	169	167	141	79
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-164	-248	-186	-568	-854	-372	-303	-277
- Non-Operating (Income) Loss	76	91	67	93	497	-98	88	1,023
+ Interest Expense, Net	60	110	68	143	385	211	133	131
+ Interest Expense	60	110	68	143	385	211	133	131
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	15	-19	-1	-50	112	-309	-45	892
Pretax Income	-240	-339	-253	-661	-1,351	-274	-391	-1,300
- Income Tax Expense (Benefit)	- -	- -	- -	1	2	1	1	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-240	-339	-253	-662	-1,353	-275	-392	-1,300
- Net Extraordinary Losses (Gains)	3	4	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	3	4	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-243	-343	-253	-662	-1,353	-275	-392	-1,300
- Minority Interest	-1	-2	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-241	-341	-253	-662	-1,353	-275	-392	-1,300
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-241	-341	-253	-662	-1,353	-275	-392	-1,300
EBIT	-164	-248	-186	-568	-854	-372	-303	-277
EBITDA	-151	-209	-123	-513	-764	-300	-250	-231
EBITDA Margin (%)	-8.21	-4.41	-4.76	-6.4	-4.91	-4.32	-4.85	-5.28
EBITA	-164	-248	-186	-568	-854	-372	-303	-277
Gross Margin (%)	7.26	6.35	8.52	9.1	4.28	7.01	8.4	8.01
Operating Margin (%)	-8.9	-5.23	-7.2	-7.08	-5.49	-5.36	-5.88	-6.34
Profit Margin (%)	-13.13	-7.19	-9.79	-8.25	-8.69	-3.96	-7.61	-29.74
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	13	39	63	55	90	72	53	46
Basic Weighted Avg Shares	544	544	109	593	627	657	699	767
Basic EPS, GAAP	-0.44	-0.63	-2.31	-1.12	-2.16	-0.42	-0.56	-1.7
Basic EPS from Cont Ops	-0.44	-0.62	-2.31	-1.12	-2.16	-0.42	-0.56	-1.7
Diluted Weighted Avg Shares	544	544	109	593	627	657	699	767
Diluted EPS, GAAP	-0.44	-0.63	-2.31	-1.12	-2.16	-0.42	-0.56	-1.7
Diluted EPS from Cont Ops	-0.44	-0.62	-2.31	-1.12	-2.16	-0.42	-0.56	-1.7

Balance Sheet (USD)

MCP API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	2,088	2,053	9,340	6,466	3,445	2,997	2,299
+ Cash, Cash Equivalents & STI	- -	449	1,461	2,215	1,281	1,068	679	962
+ Cash & Cash Equivalents	- -	405	1,413	1,731	1,137	999	671	962
+ ST Investments	- -	44	48	484	144	69	8	- -
+ Accounts & Notes Receiv	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	1,312	466	6,096	4,460	1,775	2,159	925
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	183	1,971	891	640	577	249
+ Finished Goods	- -	1,312	283	4,125	3,569	1,135	1,582	676
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	327	126	1,029	725	602	159	412
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	144	123	166	142	122	129	108
+ Property, Plant & Equip, Net	- -	95	79	87	99	91	66	35
+ Property, Plant & Equip	- -	116	113	144	189	191	141	125
- Accumulated Depreciation	- -	20	34	57	90	100	75	90
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	49	44	79	43	31	63	73
+ Total Intangible Assets	- -	43	40	72	16	9	3	3
+ Goodwill	- -	31	31	60	4	4	3	3
+ Other Intangible Assets	- -	12	9	12	12	5	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	5	4	7	27	22	60	70
Total Assets	- -	2,232	2,176	9,506	6,608	3,567	3,126	2,407
+ Payables & Accruals	- -	39	26	149	122	65	95	81
+ Accounts Payable	- -	6	3	3	5	2	9	- -
+ Accrued Taxes	- -	6	1	24	29	7	8	3
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	27	22	122	88	56	78	78
+ ST Debt	- -	1,088	367	4,251	1,383	5	434	246
+ ST Borrowings	- -	1,074	346	4,247	1,376	- -	432	245
+ ST Finance Leases	- -	13	21	4	7	5	2	1
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	- -	1,126	393	4,400	1,505	70	529	327
+ LT Debt	- -	410	183	2,858	4,017	2,529	1,883	1,074
+ LT Borrowings	- -	362	136	2,816	3,979	2,510	1,870	1,068
+ LT Finance Leases	- -	48	47	42	38	19	13	6
+ Other LT Liabilities	- -	1,428	47	- -	- -	1	1	1
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	1,428	47	- -	- -	1	1	1
Total Noncurrent Liabilities	- -	1,838	230	2,858	4,017	2,530	1,884	1,075
Total Liabilities	- -	2,965	623	7,258	5,522	2,600	2,413	1,402
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	57	2,596	3,955	4,148	4,301	4,438	6,038
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	57	2,596	3,955	4,148	4,301	4,438	6,038
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-790	-1,043	-1,705	-3,058	-3,333	-3,725	-5,033
+ Other Equity	- -	- -	- -	-2	-4	-1	- -	- -
Equity Before Minority Interest	- -	-733	1,553	2,248	1,086	967	713	1,005
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	- -	-733	1,553	2,248	1,086	967	713	1,005
Total Liabilities & Equity	- -	2,232	2,176	9,506	6,608	3,567	3,126	2,407
Shares Outstanding	- -	541	541	616	637	678	720	957
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	62	68	46	45	24	15	7
Net Debt	- -	1,031	-931	5,332	4,218	1,511	1,631	351
Net Debt to Equity	- -	-140.64	-59.95	237.19	388.4	156.26	228.75	34.93
Tangible Common Equity Ratio	- -	-35.48	70.83	23.07	16.23	26.93	22.73	41.68
Current Ratio	- -	1.85	5.22	2.12	4.3	49.21	5.67	7.03
Cash Conversion Cycle	- -	53.74	136.21	164.17	129.18	175.83	151.72	139.38

Cash Flow Statement (USD)

MCP API Chat

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-240	-339	-253	-662	-1,353	-275	-392	-1,300
+ Depreciation & Amortization	13	39	63	55	90	72	53	46
+ Non-Cash Items	50	41	37	537	1,037	-10	173	1,148
+ Stock-Based Compensation	8	13	38	536	171	126	114	159
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	60	- -	- -	- -
+ Other Non-Cash Adj	42	28	-1	1	806	-136	59	989
+ Chg in Non-Cash Work Cap	-1,002	-13	835	-5,724	956	2,557	-429	1,155
+ (Inc) Dec in Accts Receiv	4	-3	12	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	-1,015	17	834	-5,656	896	2,613	-449	1,172
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	20	-5	-7	80	-23	-48	33	-9
+ Inc (Dec) in Other	-12	-22	-4	-148	83	-8	-13	-8
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-1,180	-272	682	-5,794	730	2,344	-595	1,049
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-20	-28	-17	-34	-37	-37	-25	-12
+ Acq of Fixed Prod Assets	-20	-28	-17	-33	-37	-37	-25	-12
+ Acq of Intangible Assets	- -	- -	- -	-1	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-38	-3	- -	886	- -	- -	- -	1,423
+ Increase in Capital Stock	- -	- -	- -	886	- -	- -	- -	1,423
+ Decrease in Capital Stock	-38	-3	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	17	-34	-5	-409	281	81	55	- -
+ Dec in LT Investment	40	45	170	92	334	81	55	6
+ Inc in LT Investment	-23	-79	-175	-501	-53	- -	- -	-6
+ Net Cash From Acq & Div	-5	-33	- -	-33	-10	- -	-2	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-5	-33	- -	-33	-10	- -	-2	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-7	-95	-22	-476	234	44	28	-12
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-339	346	-817	6,614	-1,728	-2,639	-215	-1,905
+ Cash From Debt	2,014	3,842	1,434	12,836	10,336	238	500	760
+ Repayments of Debt	-2,353	-3,496	-2,251	-6,222	-12,064	-2,877	-715	-2,665
+ Other Financing Activities	1,873	303	978	-158	-23	- -	5	-17
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	1,496	646	161	7,342	-1,751	-2,639	-210	-499
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	309	279	821	1,072	-787	-251	-777	538
EBITDA	-151	-209	-123	-513	-764	-300	-250	-231
EBITDA Margin (%)	-8.21	-4.41	-4.76	-6.4	-4.91	-4.32	-4.85	-5.28
Free Cash Flow	-1,200	-300	665	-5,828	693	2,307	-620	1,037
Net Cash Paid for Acquisitions	5	33	- -	33	10	- -	2	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	46	-152	787	-1,035	-332	-835	-868
Free Cash Flow per Basic Share	-2.2	-0.55	6.08	-9.84	1.11	3.51	-0.89	1.35
Price/Free Cash Flow	- -	- -	3.55	-1.5	0.95	1.24	-1.96	4.21
Cash Flow to Net Income	4.89	0.8	-2.7	8.75	-0.54	-8.52	1.52	-0.81
Capital Expenditures	-20	-28	-17	-34	-37	-37	-25	-12