Retail investors have expanded the recent "meme stock" surge, which began with Opendoor Technologies, Inc. OPEN, to two new targets: Offerpad Solutions, Inc. OPAD and Inno Holdings, Inc. INHD. Here's what to know: INHD stock is on fire. Watch the real-time price action here. Opendoor, the original "iBuyer," or instant buyer, has seen its stock rise more than 200% this year. Online stock promoters took to social media and rallied individual investors around the real estate tech company. The rally in Opendoor ...

Offerpad Solutions (OPAD -5.00%), a leading technology-enabled real estate platform best known for its instant home-buying (iBuying) Cash Offer service, reported its second quarter 2025 results on August 4, 2025. The most important news in the release was a significant shortfall in both revenue and earnings compared to market expectations, underpinned by declining home sales volumes and acquisition activity. Revenue (GAAP) was $160.3 million, well below the $174.4 million analyst estimate (GAAP) and marking ...

Offerpad Solutions Inc. (OPAD) came out with a quarterly loss of $0.4 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to a loss of $0.5 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.56%. A quarter ago, it was expected that this company would post a loss of $0.58 per share when it actually produced a loss of $0.54, delivering a surprise of +6.9%.Over the last four quarters, the company has s ...

Financial Data and Key Metrics Changes - For Q2 2025, the company reported revenue of $160.3 million, with 452 homes sold, reflecting disciplined execution in a slower transaction market [9][16] - Gross margin was 8.9%, resulting in a gross profit of $14.2 million, while operating expenses excluding property-related costs totaled $17 million, down 30% compared to the same quarter last year [17] - Adjusted EBITDA loss improved by 39% to $4.8 million, marking another quarter of sequential gains [17] Business Line Data and Key Metrics Changes - The renovate business achieved a record revenue of $6.4 million, marking the second consecutive record and the strongest performance since its launch [11] - The HomePro program was officially launched in Q2, enhancing customer experience through specialized agents [10] - The company acquired 443 homes during the quarter, focusing on strategic markets and properties aligned with margin targets [16] Market Data and Key Metrics Changes - Market conditions remain challenging, with affordability issues and economic uncertainty affecting both buyers and sellers, leading to longer home sale times and downward pressure on home prices [6][7] - The traditional spring selling season was underwhelming, with rising listing inventory providing buyers with more options [6] Company Strategy and Development Direction - The company aims to scale high-margin asset-light services, maintain cost discipline, and position itself to capture opportunities as market conditions evolve [14][19] - The focus is on enhancing customer experience through a diversified model that includes cash offers, HomePro, and Direct Plus services [12][13] Management's Comments on Operating Environment and Future Outlook - Management noted that despite operating with leaner resources, the team has delivered strong results, reflecting focus and resilience [14] - Looking ahead, the company expects Q3 revenue in the range of $130 million to $150 million, with a shift towards a higher percentage of revenue from asset-light services [19] Other Important Information - The company raised $21 million in July, increasing total liquidity to over $75 million, which strengthens the balance sheet and supports growth initiatives [5][18] - The company has established new lending facilities to increase operational agility and reduce committed capacity [18] Q&A Session Summary Question: Home acquisition pace for the remainder of the year - Management indicated a disciplined approach to home acquisitions, focusing on strategic markets while being cautious about areas with high supply [22][26] Question: Momentum in renovate - The company is seeing strong momentum in the renovate business due to increased customer sign-ups and efficiency, particularly among mid to small investors [24] Question: Economics of HomePro compared to traditional cash offers - HomePro services will recognize net revenue similar to gross profit, leading to a shift in revenue mix that increases gross profit but decreases overall revenue [38] Question: Current capital position and ability to self-fund - The company is comfortable with its capital position, having made significant strides in reducing fixed costs while improving gross profit [43][44] Question: Path to 1,000 homes per quarter - The company continues to view 1,000 real estate transactions as a North Star, with a shift towards more asset-light transactions while maintaining focus on overall transaction volume [50][52]

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-39641 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Offerpad Solutions Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 85-2800538 (State or o ...

Investor Presentation Q2 2025 Update 1 Certain statements in this presentation may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Offerpad's future financial or operating performance. For example, statements regarding Offerpad's financial outlook, including homes sold, revenue and Adjusted EBITDA, for the first quarter of 2025, and expectations regarding market conditions, st ...

Exhibit 99.1 Offerpad Reports Second Quarter 2025 Results, Highlights Capital Raise and Momentum Across Asset-Light Services TEMPE, Ariz. – August 4, 2025 – Offerpad (NYSE: OPAD), a leading real estate tech company built to simplify the home selling and buying experience, today announced its financial results for the second quarter ended June 30, 2025. Offerpad reported revenue of $160.3M and sold 452 homes during the quarter. The company continued to demonstrate operational discipline and saw strong moment ...

Financial Data and Key Metrics Changes - The amendment to the company's 2021 incentive award plan has been approved, which includes an increase in the number of shares of the company's Class A common stock available for issuance [6][8]. Business Line Data and Key Metrics Changes - No specific data or metrics related to individual business lines were discussed during the meeting [10]. Market Data and Key Metrics Changes - No specific market data or metrics were provided in the meeting [10]. Company Strategy and Development Direction and Industry Competition - The company is focused on enhancing its incentive award plan to attract and retain talent, which is crucial for its competitive positioning in the market [6][8]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [10]. Other Important Information - The special meeting was conducted virtually, and stockholders were able to vote on proposals related to the incentive award plan and potential adjournment of the meeting [4][5][8]. Q&A Session Summary Question: Were there any questions submitted during the meeting? - No questions were received from stockholders during the meeting [10].

Financial Data and Key Metrics Changes - The meeting confirmed the election of directors and the ratification of Deloitte as the independent auditor for 2025, indicating stable governance and oversight [6][8][9] Business Line Data and Key Metrics Changes - No specific financial data or business line performance metrics were discussed during the meeting [10][11] Market Data and Key Metrics Changes - No market-specific data or metrics were provided in the meeting [10][11] Company Strategy and Development Direction and Industry Competition - The company continues to focus on maintaining strong governance with the election of board members and the appointment of auditors, which is crucial for strategic oversight [6][8] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [10][11] Other Important Information - The meeting was conducted virtually, and stockholders were reminded of the voting process and rules of conduct [4][5] Summary of Q&A Session Question: Were there any questions submitted during the meeting? - There were no questions submitted by stockholders during the Q&A session [10][11]

Group 1: Earnings Performance - Offerpad Solutions Inc. reported a quarterly loss of $0.54 per share, which was better than the Zacks Consensus Estimate of a loss of $0.58, and an improvement from a loss of $0.65 per share a year ago, representing an earnings surprise of 6.90% [1] - The company posted revenues of $160.7 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.69%, and a significant decline from year-ago revenues of $285.36 million [2] - Over the last four quarters, Offerpad Solutions has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance and Outlook - Offerpad Solutions shares have declined approximately 61.1% since the beginning of the year, contrasting with the S&P 500's decline of 3.3% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at -$0.51 on revenues of $210.58 million, and -$1.89 on revenues of $868.36 million for the current fiscal year [7] - The Zacks Industry Rank indicates that the Real Estate - Operations sector is currently in the bottom 40% of over 250 Zacks industries, which may negatively impact stock performance [8] Group 3: Future Earnings Expectations - The sustainability of Offerpad Solutions' stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The estimate revisions trend for Offerpad Solutions is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the shares are expected to perform in line with the market in the near future [6]