# Better Home & Finance Holding Company Ordinary Shares - Class A (BETR)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $364M  
**Price:** $23.73 (-5.23%)

> Better Home & Finance Holding Inc. is an AI-native mortgage and home finance company operating in the United States and the United Kingdom. It provides a digital-first platform for mortgage origination, including GSE-conforming loans, FHA loans, VA loans, and jumbo mortgages, alongside home equity products such as home equity lines of credit, home equity loans, and closed-end second lien loans. The company leverages proprietary AI technologies like Tinman, a decision engine and lending platform that enables rapid rate quotes, pre-approvals, and closings in as little as three weeks, and Betsy, a voice-based AI loan assistant offering 24/7 support for application updates and inquiries. Better Home & Finance Holding Inc. serves direct-to-consumer channels, mortgage brokers, non-bank originators, and strategic partners through its modular, API-accessible Tinman platform, powering efficient underwriting and digital applications. It also offers complementary services including real estate agent services, title insurance, settlement services, and homeowners insurance. Founded in 2014 and headquartered in New York, New York, the company positions itself as a technology provider transforming the home finance ecosystem with speed, scalability, and customer-centric innovation.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $165M | — | — | -$166M | — |
| 2024 | $108M | — | — | -$206M | — |
| 2023 | — | — | -$291M | -$536M | — |
| 2022 | $12M | — | -$859M | -$877M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.51B | $1.47B | $37M | $79M | — |
| 2024 | $913M | $971M | -$58M | $211M | — |
| 2023 | $906M | $783M | $123M | $504M | — |
| 2022 | $1.08B | $1.25B | -$604M | $318M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$167M | $1M | -$168M |
| 2024 | -$380M | $3M | -$383M |
| 2023 | -$160M | $456,000 | -$160M |
| 2022 | $938M | $12M | $927M |
| 2021 | -$3M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/BETR)