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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Change in insider ownership

Novator Capital Sponsor Ltd.

17 Dec 24

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)	195.16 mm	140.41 mm	95.67 mm	89.87 mm	18.69 mm	156.67 mm
Cash remaining	41.92 mm	96.67 mm	141.40 mm	147.21 mm	218.39 mm	80.41 mm
Runway (months of cash)	1.1	3.7	7.8	8.7	62.0	2.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

BETR institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	34	26	+30.8%
Opened positions	8	7	+14.3%
Closed positions	0	25	EXIT
Increased positions	6	0	NEW
Reduced positions	7	15	-53.3%

13F shares	Current	Prev Q	Change
Total value	32.62 bn	44.88 bn	-27.3%
Total shares	102.34 mm	102.01 mm	+0.3%
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	0.0%
Pine Brook Road Advisors	995.66 k	$8.88 bn	0.0%
SFTBY SoftBank	628.55 k	$5.61 bn	NEW
Healthcare Of Ontario Pension Plan Trust Fund	587.75 k	$5.24 bn	0.0%
Novator Capital Sponsor	464.12 k	$46.00 k	-51.8%
Vanguard	362.25 k	$3.23 bn	-1.7%

Largest transactions	Shares	Bought/sold	Change
SFTBY SoftBank	628.55 k	+628.55 k	NEW
Novator Capital Sponsor	464.12 k	-497.85 k	-51.8%
MQBKY Macquarie Group Limited	187.75 k	-400.00 k	-68.1%
Brooklyn FI	235.71 k	+235.71 k	NEW
BCS Barclays	218.07 k	+216.72 k	+16053.6%
Alpine Global Management	61.44 k	+61.44 k	NEW
Marshall Wace	27.42 k	+27.42 k	NEW
GS The Goldman Sachs Group, Inc.	284.93 k	+20.20 k	+7.6%
Millennium Management	18.80 k	+18.80 k	NEW
UBS UBS	15.89 k	+15.89 k	NEW

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 Mar 25	Kevin J Ryan	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	287	0.00	1,146
1 Mar 25	Kevin J Ryan	Class B Common Stock Class A Common Stock	Payment of exercise	Dispose F	No	No	11.47	113	1.30 k	13,837
1 Mar 25	Kevin J Ryan	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	287	0.00	13,950
1 Mar 25	Paula Tuffin	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	637	0.00	3,824
1 Mar 25	Paula Tuffin	Class B Common Stock Class A Common Stock	Payment of exercise	Dispose F	No	No	11.47	192	2.20 k	23,087
1 Mar 25	Paula Tuffin	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	637	0.00	23,279
1 Mar 25	Nicholas J. Calamari	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	637	0.00	3,188
1 Mar 25	Nicholas J. Calamari	Class B Common Stock Class A Common Stock	Payment of exercise	Dispose F	No	No	11.47	254	2.91 k	125,662
1 Mar 25	Nicholas J. Calamari	Class B Common Stock Class A Common Stock	Option exercise	Acquire M	No	No	0	637	0.00	125,916
1 Feb 25	Paula Tuffin	RSU Class B Common Stock	Option exercise	Dispose M	No	No	0	637	0.00	4,461