Filing Flows › Better Home & Finance Holding (BETR) › Q4 2024
Better Home & Finance Holding (BETR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 19, 2025
Better Home & Finance Holding (BETR) reported revenue of $25.0M for the fourth quarter 2024 (Q4 2024), +41% from a year earlier and -14% from the quarter before. Operating margin was -235.6%, net loss $59.2M (237.1% of revenue).
Better Home & Finance Holding, Q4 2024: revenue $25.0M (+41% year over year), operating margin -235.6%, net loss $59.2M, operating cash flow −$106M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.0M | -14% | +41% |
| Operating profit | −$58.8M | — | — |
| Net earnings | −$59.2M | — | — |
| Operating cash flow | −$106M | — | — |
What changed
Revenue was $25.0M in Q4 2024, up 41% year over year and down 14% from the previous quarter.
Operating costs exceeded revenue by $58.8M, an operating margin of -235.6%. Total costs grew 13% against revenue growth of 41%. The fastest-growing cost line was Sales & marketing (+145%). The quarter ended with a net loss of $59.2M, wider than the previous quarter's $54.2M loss.
Operating cash flow was −$106.0M. Non-cash charges added back $7.9M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $59.6M. Capital expenditures of $471K exceeded it, leaving free cash flow of −$106.5M.
Questions
What was Better Home & Finance Holding's revenue in the fourth quarter 2024?
Better Home & Finance Holding (BETR) reported revenue of $25.0M for the fourth quarter 2024 (Q4 2024), +41% from a year earlier and -14% from the quarter before.
Was Better Home & Finance Holding profitable in the fourth quarter 2024?
Operating loss was $58.8M (-235.6% of revenue) and net loss $59.2M.