Better Home & Finance Holding (BETR)

BETTER HOME & FINANCE HOLDING COMPANY • Better WH, LLC • Heyl-Better, LLC • Better Inspect, LLC • Better Cover, LLC • Better Valuation, LLC • Better Real Estate, LLC • 64 Putnam Brooklyn LLC • BRE-1, LLC • Better House I, LLC ...

BETR stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

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8-K

Better Home & Finance Holding Company Announces $25 Million Share Repurchase Program

22 Jan 25

424B3

Prospectus supplement

14 Nov 24

Better Home & Finance Holding Company Announces Third Quarter 2024 Results

13 Nov 24

424B3

Prospectus supplement

Prospectus supplement

21 Aug 24

8-A12B/A

Registration of securities on exchange (amended)

19 Aug 24

8-K

Better Home & Finance Holding Company Announces the Completion of its Previously Announced 1-for-50 Reverse Stock Split

19 Aug 24

424B3

Prospectus supplement

14 Aug 24

Latest ownership filings

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Novator Capital Sponsor Ltd.

Financial summary

Financial statements Chart BETR financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	237.08 mm	237.08 mm	237.08 mm	237.08 mm	237.08 mm	237.08 mm
Cash burn (monthly)	36.77 mm	26.46 mm	18.03 mm	16.93 mm	3.52 mm	29.52 mm
Cash used (since last report)	156.60 mm	112.67 mm	76.77 mm	72.12 mm	14.99 mm	125.71 mm
Cash remaining	80.48 mm	124.41 mm	160.31 mm	164.96 mm	222.09 mm	111.37 mm
Runway (months of cash)	2.2	4.7	8.9	9.7	63.1	3.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

BETR institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	26	44	-40.9%
Opened positions	7	8	-12.5%
Closed positions	25	6	+316.7%
Increased positions	0	8	EXIT
Reduced positions	15	5	+200.0%

13F shares	Current	Prev Q	Change
Total value	44.88 bn	83.14 bn	-46.0%
Total shares	102.01 mm	387.11 mm	-73.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Pine Brook Capital Partners II	49.78 mm	$0.00	0.0%
LCG4 Best	23.20 mm	$0.00	0.0%
1/0 Mortgage Investment	17.13 mm	$5.83 mm	0.0%
Vishal Garg	6.52 mm	$0.00	0.0%
Activant Ventures Advisors III	1.30 mm	$117.00 k	-97.9%
Pine Brook Road Advisors	995.66 k	$17.73 bn	-98.0%
Novator Capital Sponsor	961.96 k	$94.00 k	-98.0%
MQBKY Macquarie Group Limited	587.75 k	$69.00 k	NEW
Healthcare Of Ontario Pension Plan Trust Fund	587.75 k	$10.47 bn	-98.0%
Vanguard	368.49 k	$6.56 bn	-96.9%

Largest transactions	Shares	Bought/sold	Change
Activant Ventures Advisors III	1.30 mm	-60.01 mm	-97.9%
Pine Brook Road Advisors	995.66 k	-48.79 mm	-98.0%
Novator Capital Sponsor	961.96 k	-47.14 mm	-98.0%
Healthcare Of Ontario Pension Plan Trust Fund	587.75 k	-28.80 mm	-98.0%
Catterton Management Company, L.L.C.	0.00	-23.20 mm	EXIT
KPCB DGF II Associates	0.00	-17.93 mm	EXIT
ALLY Ally Financial	0.00	-17.89 mm	EXIT
GS The Goldman Sachs Group, Inc.	264.73 k	-12.97 mm	-98.0%
Vanguard	368.49 k	-11.37 mm	-96.9%
IA Venture Strategies Fund II	0.00	-6.11 mm	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BETR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Feb 25	Paula Tuffin	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	637	0.00	4,461
1 Feb 25	Paula Tuffin	Class B Common Stock Class A Common Stock	Payment of exercise	Dispose F	No	No	10.18	227	2.31 k	22,642
1 Feb 25	Paula Tuffin	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	637	0.00	22,869
1 Feb 25	Nicholas J. Calamari	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	637	0.00	3,825
1 Feb 25	Nicholas J. Calamari	Class B Common Stock Class A Common Stock	Payment of exercise	Dispose F	No	No	10.18	294	2.99 k	125,279
1 Feb 25	Nicholas J. Calamari	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	637	0.00	125,573
1 Jan 25	Nicholas J. Calamari	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	636	0.00	4,462
1 Jan 25	Nicholas J. Calamari	Class B Common Stock Class A Common Stock	Payment of exercise	Dispose F	No	No	8.92	293	2.61 k	124,936
1 Jan 25	Nicholas J. Calamari	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	636	0.00	125,229
1 Jan 25	Paula Tuffin	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	636	0.00	5,098