Opendoor Technologies Inc.OPEN
Market cap
$4.9B
P/E ratio
| Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| REVENUE | 2,583 | 8,021 | 15,567 | 6,946 | 5,153 |
| COST OF REVENUE | 2,363 | 7,291 | 14,900 | 6,459 | 4,720 |
| GROSS PROFIT | 220 | 730 | 667 | 487 | 433 |
| Selling and Marketing Expense | 195 | 544 | 1,006 | 486 | 413 |
| General and administrative | 153 | 620 | 346 | 206 | 182 |
| Technology and development | 58 | 134 | 169 | 167 | 141 |
| Goodwill impairment | - | - | 60 | - | - |
| Restructuring | - | - | 17 | 14 | 17 |
| Total operating expenses | 406 | 1,298 | 1,598 | 873 | 753 |
| LOSS FROM OPERATIONS | -186 | -568 | -931 | -386 | -320 |
| (LOSS) GAIN ON EXTINGUISHMENT OF DEBT | -11 | - | -25 | 216 | -2 |
| INTEREST EXPENSE | - | - | - | - | 133 |
| OTHER INCOME (LOSS) – Net | 4 | 38 | -10 | 107 | 64 |
| LOSS BEFORE INCOME TAXES | -287 | -661 | -1,400 | -274 | -391 |
| INCOME TAX EXPENSE | 0 | 1 | 2 | 1 | 1 |
| Net loss | -287 | -662 | -1,353 | -275 | -392 |
| Earnings Per Share, Basic | -2.62 | -1.12 | -2.16 | -0.42 | -0.56 |
| Earnings Per Share, Diluted | -2.62 | -1.12 | -2.16 | -0.42 | -0.56 |