Aurora Acquisition Corp. Class A (BETR)
NASDAQ:BETR
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Earnings Data
Report Date
Aug 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-1.44Last Year’s EPS
-2.27Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented substantial operational and financial progress: strong loan volume (+89% YoY), double-digit revenue growth (+52% YoY), meaningful improvement in adjusted EBITDA, rapid adoption of the Tinman AI platform (now ~50% of volume), expanded warehouse capacity (+48%), a $69M equity raise, and new product/partnership launches that support higher-margin HELOC revenue. Offsetting these positives are near-term macro headwinds—a recent rate spike tied to geopolitical conflict has increased consumer rates (>6.5%) and depressed conversion rates despite large top-of-funnel growth, delaying the $1B/month funded target and leaving adjusted EBITDA still negative in Q1 and guided Q2. Management has credible mitigations (cost reductions of at least $25M annualized, product mix shift to higher-margin HELOCs, AI-driven operating leverage, and strengthened liquidity) and reiterated a path to adjusted EBITDA breakeven by end of Q3, though the timeline depends on the rate environment. Overall, execution and structural positioning look strong, but near-term macro risk tempers visibility.Company Guidance
Strong Funded Loan Volume Growth
Q1 funded loan volume of $1.64 billion, exceeding the high end of prior guidance and increasing ~89% year-over-year.
Revenue Expansion
Revenue from continuing operations grew to $47.5 million in Q1, up ~52% year-over-year; Q2 revenue guidance midpoint implies ~28% year-over-year growth ($53M–$56M guidance).
Improving Profitability Trajectory
Adjusted EBITDA loss of ~$19 million in Q1, a 48% improvement year-over-year and a 16% improvement quarter-over-quarter; Q2 adjusted EBITDA loss guidance narrowed to $12.5M–$14M with management targeting adjusted EBITDA breakeven by end of Q3 2026.
Rapid Adoption of Tinman AI Platform
Tinman AI generated ~$821 million in Q1 funded loan volume (~50% of total, up from 44% in Q4); Tinman progressed from 0% in 2024 to ~36% in FY2025 to ~50% in Q1 2026, demonstrating fast platform penetration.
Partnerships Driving Scale
Major partnerships (Credit Karma, Finance of America, top-five non-bank originator, NEO) are live and ramping; NEO grew from a $1.5B run rate at onboarding to $2.9B in March 2026; platform partnerships reduce upfront CAC.
Balance Sheet and Capacity Strengthening
Expanded warehouse capacity by 48% to $850 million since start of Q1 and completed a $69 million equity raise in early April (post-quarter); ended Q1 with ~$136 million liquidity (plus the $69M raise).
Product Innovation and New Revenue Streams
Launched Better Home Equity card with Stripe (Mastercard linked to HELOC, 1% cash back) and announced a Fannie Mae eligible token-backed mortgage with Coinbase (commercial release planned in Q2), expanding product set and stickiness.
Favorable Unit Economics on HELOCs
HELOCs show materially higher gain-on-sale economics (~6–7 points combined origination fee + premium) versus traditional mortgage D2C (~2.5 points) and NEO (~3.5 points), supporting revenue growth even if funded volume is flat.
BETR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BETR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $42.69 | $30.52 | -28.51% |
Mar 13, 2026 | $36.66 | $34.45 | -6.03% |
Nov 13, 2025 | $59.16 | $57.41 | -2.96% |
Aug 07, 2025 | $14.56 | $13.22 | -9.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Aurora Acquisition Corp. Class A (BETR) report earnings?
Aurora Acquisition Corp. Class A (BETR) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).
What is Aurora Acquisition Corp. Class A (BETR) earnings time?
Aurora Acquisition Corp. Class A (BETR) earnings time is at Aug 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BETR EPS forecast?
BETR EPS forecast for the fiscal quarter 2026 (Q2) is -1.44.