Offerpad Solutions
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Offerpad Solutions generated cash of $261,632,000, which is less than the previous year. Cash used in financing activities reached the amount of -$323,982,000 last year. Net change in cash is therefore -$60,365,000.
Cash Flow
| 2019 | -108.97M | -979K | 122.50M |
|---|---|---|---|
| 2020 | 154.86M | -2.85M | -131.14M |
| 2021 | -921.92M | -11.65M | 1.07B |
| 2022 | 305.40M | -1.07M | -358.46M |
| 2023 | 261.63M | 1.98M | -323.98M |
OPAD-WT Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 140.29M | 194.43M | 50.74M | 29.88M | 17.33M |
Operating activities | |||||
Net income | -117.21M | -148.61M | 6.46M | -23.11M | -51.95M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 728K | 1.02M | 523K | 434K | 377K |
Stock-based compensation expense | 7.91M | 8.30M | 3.07M | 1.36M | 1.26M |
| Deferred income tax benefit | 7.91M | 8.30M | 3.07M | 1.36M | 1.26M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -7.58M | 3.81M | -3.84M | 937K | -1.07M |
Inventories | 379.26M | 374.06M | -949.59M | 169.07M | -60.73M |
Accounts payable | 299K | -1.75M | 4.13M | 841K | -2.42M |
Cash generated by operating activities | 261.63M | 305.40M | -921.92M | 154.86M | -108.97M |
Investing activities | |||||
Purchases Of Investments | -2.56M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -127K | -1.07M | -13.68M | -2.85M | -1.03M |
Acquisitions Net | 0 | 0 | 2.03M | 0 | 0 |
Cash generated by investing activities | 1.98M | -1.07M | -11.65M | -2.85M | -979K |
Financing activities | |||||
Common Stock Issued | 89.28M | 4.89M | 902K | 29.82M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -78K | -285K | -51.24M | 0 | -10.65M |
Repayments of term debt | -413.18M | -362.43M | -843.60M | -960.51M | 58.43M |
Cash used in financing activities | -323.98M | -358.46M | 1.07B | -131.14M | 122.50M |
Net Change In Cash | -60.36M | -54.13M | 143.69M | 20.85M | 12.55M |
Cash at end of period | 79.93M | 140.29M | 194.43M | 50.74M | 29.88M |
| Data source | Data source | Data source | Data source |