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Opendoor Technologies Inc (OPEN)

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2.120 -0.130    -5.78%
14:47:37 - Real-time Cboe. Currency in USD ( Disclaimer )
Type:  Equity
Market:  United States
  • Volume: 13,858,542
  • Bid/Ask: 0.000 / 0.000
  • Day's Range: 2.105 - 2.210
Opendoor Tech 2.120 -0.130 -5.78%

NASDAQ:OPEN Financials

 
A brief overview of the NASDAQ:OPEN financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Opendoor Technologies Inc over time.

Opendoor Technologies Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,181 million compared to USD 3,120 million a year ago. Net loss was USD 109 million compared to USD 101 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.16 compared to USD 0.16 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

OPEN Income Statement

Gross margin TTM 8.61%
Operating margin TTM -6.49%
Net Profit margin TTM -5.65%
Return on Investment TTM -6.66%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 1181 870 980 1976
Gross Profit 114 72 96 149
Operating Income -87 -106 -77 -57
Net Income -109 -91 -106 23

OPEN Balance Sheet

Quick Ratio MRQ 13.38
Current Ratio MRQ 44.38
LT Debt to Equity MRQ 268.3%
Total Debt to Equity MRQ 270.75%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 3404 3567 3947 4223
Total Liabilities 2505 2600 2927 3137
Total Equity 899 967 1020 1086

OPEN Cash Flow Statement

Cash Flow/Share TTM 0.01
Revenue/Share TTM 7.37
Operating Cash Flow  -240.54%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -178 -542 -216 940
Cash From Investing Activities 22 -4 3 15
Cash From Financing Activities -98 -292 -213 -809
Net Change in Cash -254 -838 -426 146
* In Millions of USD (except for per share items)
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OPEN Comments

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Harry Wong
Harry Wong May 02, 2024 5:37PM ET
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Another loosing quarter with less of a lost and less revenue too!
Atlantic Coast Money
Atlantic Coast Money Apr 30, 2024 3:17PM ET
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$1.70 after earnings
Pradeep Nehra
Pradeep Nehra Feb 16, 2024 2:26PM ET
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16.02.24: If Company Management itself wants to destroy the value who else can save it. Though beating revenues and profit estimates, mgmt killing it
Total Up
Total Up Feb 16, 2024 2:26PM ET
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Hi, whats the problem with management? if you can describe me in few word. Thanks!
Pradeep Nehra
Pradeep Nehra Feb 16, 2024 2:26PM ET
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Total Upmost times it beats the estimates surprisingly then whats the need to give so gloomy guidance. Stock somehow managed to start upticking but guidance overshadowed vg revenues n profit.
Atlantic Coast Money
Atlantic Coast Money Aug 04, 2023 11:53AM ET
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Today’s date 8/4/23. Bought some calls $5strike at 1.34. Jan2025. Share price 3.65.
Atlantic Coast Money
Atlantic Coast Money Aug 03, 2023 5:16PM ET
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8/3/2023 Will buy if it goes under $4 in next week.
Atlantic Coast Money
Atlantic Coast Money May 10, 2023 12:02PM ET
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Took the ride up from 1.39–> 2.45. Had to take profits. Will get back in if it retraces to 1.90. Best wishes.
Javier Iri
Javier Iri May 10, 2023 9:34AM ET
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What is happening?
Atlantic Coast Money
Atlantic Coast Money May 10, 2023 9:34AM ET
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Squeeze
Atlantic Coast Money
Atlantic Coast Money May 04, 2023 4:57PM ET
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2nd profitable quarter in its history. Earnings call should shed some light on the future. But on paper, the numbers look great.
Atlantic Coast Money
Atlantic Coast Money Apr 24, 2023 3:03PM ET
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Buy. 1.39.
Andrea Tavani
Andrea Tavani Mar 22, 2023 4:46AM ET
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Waiting for 2 $
 
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