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The Business Combination On August 22, 2023, we consummated the transactions contemplated by the Agreement and Plan of Merger (as amended, the Merger Agreement ), by and among Aurora Acquisition Corp. ( Aurora ), Better Holdco, Inc. ( Pre-Business Combination Better ), and Aurora Merger Sub I, Inc., formerly a wholly owned subsidiary of Aurora ( Business Combination ). In connection with the cl…
The institution is unprofitable. This typically signals severe credit losses or a business in transition.
Revenue grew 52.0% YoY.
Traditional FCF and operating-margin metrics are not meaningful for financial institutions. Evaluate using net interest margin, credit quality, and capital ratios instead.
Profitability & Returns
Revenue (TTM)
$181M
▲ +52.0% YoY
Net Income (TTM)
-$186M
▲ +19.6% YoY
Net Margin
-102.53%
P/E
—
Balance Sheet
Total Assets
$1.57B
Equity
$9M
Total Debt
$203M
Cash & Equiv.
$64M
3Y CAGR: -24.2%
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