OPEN - Opendoor Technologies Inc.
NASDAQ
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Real Estate
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Real Estate Services
San Francisco,
United States
Type: Equity
OPEN price evolution
OPEN
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 1 May 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $911 | $1286 | $1540 | |
| Short term investments | $19 | $37 | $69 | |
| Net receivables | $15 | $24 | $15 | $9 |
| Inventory | $2145 | $2234 | $1881 | $1775 |
| Total current assets | $3263 | $3249 | $3284 | $3445 |
| Long term investments | ||||
| Property, plant & equipment | $84 | $94 | $89 | $91 |
| Goodwill & intangible assets | $6 | $8 | $9 | |
| Total noncurrent assets | $123 | $120 | $122 | |
| Total investments | $19 | $37 | $69 | |
| Total assets | $3411 | $3372 | $3404 | $3567 |
| Current liabilities | ||||
| Accounts payable | $71 | $73 | $69 | $64 |
| Deferred revenue | ||||
| Short long term debt | $319 | $4 | $5 | |
| Total current liabilities | $721 | $393 | $74 | $70 |
| Long term debt | $1868 | $2134 | $2412 | $2529 |
| Total noncurrent liabilities | $2134 | $2431 | $2530 | |
| Total debt | $2453 | $2434 | $2534 | |
| Total liabilities | $2610 | $2527 | $2505 | $2600 |
| Shareholders' equity | ||||
| Retained earnings | -$3612 | -$3534 | -$3442 | -$3333 |
| Other shareholder equity | -$0.07 | -$0.07 | -$0.07 | -$1 |
| Total shareholder equity | $845 | $899 | $967 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1540 | $1791 | $2578 | $1505.53 |
| Short term investments | $69 | $144 | $491 | $55.17 |
| Net receivables | $9 | $30 | $84 | $1.49 |
| Inventory | $1775 | $4460 | $6096 | $465.94 |
| Total current assets | $3445 | $6466 | $9340 | $2053.11 |
| Long term investments | ||||
| Property, plant & equipment | $91 | $99 | $87 | $78.75 |
| Goodwill & intangible assets | $9 | $16 | $72 | $39.63 |
| Total noncurrent assets | $122 | $142 | $166 | $122.47 |
| Total investments | $69 | $144 | $491 | $55.17 |
| Total assets | $3567 | $6608 | $9506 | $2175.58 |
| Current liabilities | ||||
| Accounts payable | $64 | $5 | $137 | $25.27 |
| Deferred revenue | ||||
| Short long term debt | $5 | $1383 | $4251 | $367.04 |
| Total current liabilities | $70 | $1505 | $4400 | $393.39 |
| Long term debt | $2529 | $3979 | $2858 | $182.09 |
| Total noncurrent liabilities | $2530 | $4017 | $2858 | $182.19 |
| Total debt | $2534 | $5400 | $7109 | $549.13 |
| Total liabilities | $2600 | $5522 | $7258 | $575.58 |
| Shareholders' equity | ||||
| Retained earnings | -$3333 | -$3058 | -$1705 | -$1077.24 |
| Other shareholder equity | -$1 | -$4.06 | -$2 | $0.04 |
| Total shareholder equity | $967 | $1086 | $2248 | $1600.01 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1377 | $1511 | $1181 | $870 |
| Cost of revenue | $1382 | $1067 | $798 | |
| Gross Profit | $105 | $129 | $114 | $72 |
| Operating activities | ||||
| Research & development | $37 | $41 | $46 | |
| Selling, general & administrative | $164 | $160 | $137 | |
| Total operating expenses | $171 | $201 | $201 | $187 |
| Operating income | -$72 | -$87 | -$115 | |
| Income from continuing operations | ||||
| EBIT | -$61 | -$72 | -$54 | |
| Income tax expense | $1 | |||
| Interest expense | -$37 | $30 | $37 | $37 |
| Net income | ||||
| Net income | -$78 | -$92 | -$109 | -$91 |
| Income (for common shares) | -$92 | -$109 | -$91 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $6946 | $15567 | $8021 | $2583.12 |
| Cost of revenue | $6459 | $14900 | $7291 | $2363.32 |
| Gross Profit | $487 | $667 | $730 | $219.8 |
| Operating activities | ||||
| Research & development | $167 | $169 | $134 | $58.17 |
| Selling, general & administrative | $692 | $1352 | $1164 | $347.49 |
| Total operating expenses | $873 | $1598 | $1298 | $405.66 |
| Operating income | -$386 | -$931 | -$568 | -$185.87 |
| Income from continuing operations | ||||
| EBIT | -$63 | -$966 | -$518 | -$218.89 |
| Income tax expense | $1 | $2 | $1 | $0.06 |
| Interest expense | $211 | $385 | $143 | $67.81 |
| Net income | ||||
| Net income | -$275 | -$1353 | -$662 | -$286.76 |
| Income (for common shares) | -$275 | -$1353 | -$662 | -$286.76 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | -$92 | -$109 | -$91 | |
| Operating activities | ||||
| Depreciation | $13 | $16 | $17 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $33 | $33 | $32 | |
| Total cash flows from operations | -$399 | -$178 | -$542 | |
| Investing activities | ||||
| Capital expenditures | -$8 | -$8 | -$9 | |
| Investments | $17 | $30 | $5 | |
| Total cash flows from investing | $31 | $9 | $22 | -$4 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $2 | $1 | ||
| Net borrowings | $15 | -$100 | -$293 | |
| Total cash flows from financing | -$2 | $15 | -$98 | -$292 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$486 | -$375 | -$254 | -$838 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$275 | -$1353 | -$662 | -$286.76 |
| Operating activities | ||||
| Depreciation | $72 | $90 | $55 | $62.35 |
| Business acquisitions & disposals | -$10 | -$33 | ||
| Stock-based compensation | $126 | $171 | $536 | $38.01 |
| Total cash flows from operations | $2344 | $730 | -$5794 | $681.91 |
| Investing activities | ||||
| Capital expenditures | -$37 | -$37 | -$33 | -$17.34 |
| Investments | $81 | $281 | -$409 | -$4.53 |
| Total cash flows from investing | $44 | $234 | -$476 | -$21.87 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $5 | $6 | $872 | $978.12 |
| Net borrowings | -$2644 | -$1757 | $6448 | -$819.61 |
| Total cash flows from financing | -$2639 | -$1751 | $7342 | $160.66 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$251 | -$787 | $1072 | $820.71 |
News
Fundamentals
| Market cap | $703.12M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 711.66M |
| Revenue | $4.94B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$370.00M |
| Revenue Q/Q | 40.51% |
| Revenue Y/Y | -44.71% |
| P/E ratio | -1.90 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.14 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | -$0.52 |
|---|---|
| ROA | -10.76% |
| ROE | N/A |
| Debt/Equity | 2.69 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 4.53 |
| Quick ratio | 1.55 |