Opendoor Technologies Inc.
BMV:OPEN1 * Stock Report
Opendoor Technologies Past Earnings Performance Opendoor Technologies's earnings have been declining at an average annual rate of -13.2%, while the Real Estate industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 14.4% per year.
Key information
-13.2%
Earnings growth rate
Real Estate Industry Growth 10.8% Revenue growth rate 14.4% Return on equity -46.2% Net Margin -7.5% Last Earnings Update 30 Sep 2024
Recent past performance updates
Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.16 loss in 3Q 2023) Nov 09
Opendoor Technologies Inc. to Report Q3, 2024 Results on Nov 07, 2024 Oct 10
Second quarter 2024 earnings released: US$0.13 loss per share (vs US$0.036 profit in 2Q 2023) Aug 02
Opendoor Technologies Inc. to Report Q2, 2024 Results on Aug 01, 2024 Jul 09
First quarter 2024 earnings released: US$0.16 loss per share (vs US$0.16 loss in 1Q 2023) May 03
Opendoor Technologies Inc. to Report Q1, 2024 Results on May 02, 2024 Apr 05
Show all updates
Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.16 loss in 3Q 2023) Nov 09
Opendoor Technologies Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Nov 08
President of Sell Direct & Services recently sold Mex$4.3m worth of stock Oct 17
Opendoor Technologies Inc. to Report Q3, 2024 Results on Nov 07, 2024 Oct 10 Opendoor Technologies Inc. Appoints Selim Freiha as Chief Financial Officer, Effective November 2024
High number of new directors Oct 01
Chief Legal Officer & Secretary recently sold Mex$3.2m worth of stock Sep 19
Opendoor Technologies Inc. Appoints David Benson to Board of Directors Sep 13
Second quarter 2024 earnings released: US$0.13 loss per share (vs US$0.036 profit in 2Q 2023) Aug 02
Opendoor Technologies Inc. to Report Q2, 2024 Results on Aug 01, 2024 Jul 09
First quarter 2024 earnings released: US$0.16 loss per share (vs US$0.16 loss in 1Q 2023) May 03 Opendoor Technologies Inc. has filed a Follow-on Equity Offering in the amount of $200 million.
Opendoor Technologies Inc., Annual General Meeting, Jun 14, 2024 Apr 26
Opendoor Technologies Inc. to Report Q1, 2024 Results on May 02, 2024 Apr 05
Full year 2023 earnings released: US$0.42 loss per share (vs US$2.16 loss in FY 2022) Feb 16
Opendoor Technologies Inc. Announces Earnings Guidance for First Quarter 2024 Feb 16
Opendoor Technologies Inc. to Report Q4, 2023 Results on Feb 15, 2024 Jan 05
Opendoor Technologies Inc. Announces Resignation of Eric Wu as President, Marketplace and from the Board, Effective January 1, 2024 Dec 16
High number of new directors Dec 13 Opendoor Technologies Inc. Provides Earnings Guidance for the Year 2023
Third quarter 2023 earnings released: US$0.16 loss per share (vs US$1.47 loss in 3Q 2022) Nov 03
High number of new and inexperienced directors Oct 27
Opendoor Technologies Inc. to Report Q3, 2023 Results on Nov 02, 2023 Oct 06
President of Sell Direct & Services recently sold Mex$3.6m worth of stock Sep 20
Second quarter 2023 earnings released: EPS: US$0.036 (vs US$0.086 loss in 2Q 2022) Aug 04
Opendoor Technologies Inc. Provides Earnings Guidance for the Year 2023 Aug 04
Interim CFO & Chief Accounting Officer recently sold Mex$475k worth of stock Jul 20
Opendoor Technologies Inc. to Report Q2, 2023 Results on Aug 03, 2023 Jul 07
President of Sell Direct & Services recently sold Mex$2.3m worth of stock Jun 23
High number of new and inexperienced directors May 16
Opendoor Technologies Inc. Provides Earnings Guidance for the Second Quarter of 2023 May 06
High number of new and inexperienced directors Apr 12
High number of new and inexperienced directors Mar 17
Full year 2022 earnings released: US$2.16 loss per share (vs US$1.12 loss in FY 2021) Feb 24
High number of new and inexperienced directors Feb 17
Opendoor Technologies Inc. to Report Q4, 2022 Results on Feb 23, 2023 Jan 27
High number of new and inexperienced directors Jan 26 Opendoor Technologies Inc. Announces Executive Changes
High number of new and inexperienced directors Dec 02
Labaton Sucharow LLP Announces Expanded Securities Class Action Lawsuit Filed Against Opendoor Technologies Inc. and Related Parties Nov 23
High number of new and inexperienced directors Nov 16
The Klein Law Firm Files Class Announces Class Action Lawsuit Against Opendoor Technologies Inc Nov 09
Third quarter 2022 earnings released: US$1.47 loss per share (vs US$0.094 loss in 3Q 2021) Nov 05
Opendoor Technologies Inc. Provides Revenue Guidance for Fourth Quarter 2022 Nov 04
High number of new and inexperienced directors Oct 24
Opendoor Technologies Inc. to Report Q3, 2022 Results on Nov 03, 2022 Oct 13
The Schall Law Firm Announces the Filing of A Class Action Lawsuit Against Opendoor Technologies Inc Oct 10
High number of new and inexperienced directors Oct 06
High number of new and inexperienced directors Sep 20
High number of new and inexperienced directors Aug 16
Opendoor Technologies Inc. Provides Revenue Guidance for the Third Quarter of 2022 Aug 06
Opendoor Technologies Inc. to Report Q2, 2022 Results on Aug 04, 2022 Jul 08
First quarter 2022 earnings released: EPS: US$0.045 (vs US$0.48 loss in 1Q 2021) May 06
Opendoor Technologies Inc. Provides Earnings Guidance for the Second Quarter of 2022 May 06
High number of new and inexperienced directors Apr 27
High number of new and inexperienced directors Apr 12
Opendoor Technologies Inc., Annual General Meeting, May 25, 2022 Apr 09
Opendoor Technologies Inc. to Report Q1, 2022 Results on May 05, 2022 Apr 08
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Feb 26
Opendoor Technologies Inc. Announces Revenue Guidance for the First Quarter 2022 Feb 25
Opendoor Technologies Inc. to Report Q4, 2021 Results on Feb 24, 2022 Jan 28
Independent Director recently bought Mex$42m worth of stock Dec 08
Co-Founder recently sold Mex$1.2b worth of stock Nov 21
Third quarter 2021 earnings released: US$0.094 loss per share (vs US$1.47 loss in 3Q 2020) Nov 12
Opendoor Technologies Inc. has completed a Follow-on Equity Offering. Sep 15
Opendoor Technologies Inc. (NasdaqGS : OPEN) acquired Pro.com Home Services LLC and Skylight Tools, Inc. Sep 08
Head of Legal & Company Secretary Elizabeth Stevens has left the company Sep 07
Second quarter 2021 earnings released: US$0.24 loss per share (vs US$0.66 loss in 2Q 2020) Aug 13
Head of Legal & Company Secretary recently sold Mex$26m worth of stock Jun 10
Forecast to breakeven in 2025 May 23
Independent Director recently bought Mex$20m worth of stock May 21
First quarter 2021 earnings released: US$0.48 loss per share (vs US$1.13 loss in 1Q 2020) May 13
Opendoor Technologies Inc. Provides Earnings Guidance for the Second Quarter of 2021 May 12
Revenue & Expenses Breakdown
How Opendoor Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History BMV:OPEN1 * Revenue, expenses and earnings (USD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Sep 24 4,939 -370 603 145 30 Jun 24 4,542 -398 593 157 31 Mar 24 5,007 -283 597 158 31 Dec 23 6,946 -275 691 158 30 Sep 23 8,933 -583 771 163 30 Jun 23 11,314 -1,405 984 161 31 Mar 23 13,536 -1,482 1,229 164 31 Dec 22 15,567 -1,353 1,352 166 30 Sep 22 16,532 -1,145 1,477 152 30 Jun 22 15,437 -274 1,376 140 31 Mar 22 12,425 -364 1,250 122 31 Dec 21 8,021 -662 1,163 131 30 Sep 21 4,448 -525 888 109 30 Jun 21 2,520 -549 711 95 31 Mar 21 2,074 -461 500 88 31 Dec 20 2,583 -253 320 55 30 Sep 20 3,590 -291 380 59 30 Jun 20 4,462 -300 441 60 31 Mar 20 4,859 -324 487 55 31 Dec 19 4,741 -341 498 51 31 Dec 18 1,838 -249 269 28 31 Dec 17 711 -85 112 16
Quality Earnings: OPEN1 * is currently unprofitable.
Growing Profit Margin: OPEN1 * is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OPEN1 * is unprofitable, and losses have increased over the past 5 years at a rate of 13.2% per year.
Accelerating Growth: Unable to compare OPEN1 *'s earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OPEN1 * is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.6%).
Return on Equity
High ROE: OPEN1 * has a negative Return on Equity (-46.19%), as it is currently unprofitable.
Return on Capital Employed
Discover strong past performing companies Simply Wall St™ Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
{"enabled":true,"variant":{"name":"control","enabled":true,"feature_enabled":true,"featureEnabled":true},"flagsReady":true,"flagsError":null}