Offerpad outlines plan to exit Q2 2027 with positive adjusted EBITDA run rate amid higher mortgage rates (NASDAQ:OPAD)
Q4 guidance calls for 400 to 475 transactions, $100 million to $120 million in revenue, and sequential adjusted EBITDA improvement. The company ended Q3 with $12.1 million in unrestricted cash, estimated $55 million of equity in its inventory, and approximately $251 million of undrawn inventory financing capacity, most of it uncommitted.