Aurora Acquisition Corp. Class A: Positive Earnings Call Highlights

Aurora Acquisition Corp. Class A ((BETR)) has held its Q2 earnings call. Read on for the main highlights of the call.

Aurora Acquisition Corp. Class A’s recent earnings call painted a generally positive picture, underscored by significant growth in revenue and loan volume, as well as technological advancements. Despite facing challenges such as an adjusted EBITDA loss and the loss of a major business partner, the company’s strategic focus and technological progress suggest a promising path toward profitability.

Significant Revenue and Loan Volume Growth

In the second quarter of 2025, Better Home & Finance Holding Company, under Aurora Acquisition Corp. Class A, reported a 25% increase in funded loan volume, reaching $1.2 billion, and a 37% rise in revenue to $44.1 million year-over-year. This impressive growth was primarily fueled by increased funding in HELOC, home equity loans, and refinance loans.

Advancements in AI Technology

The company highlighted a 30% improvement in lead-to-lock conversion rates, thanks to the implementation of Betsy AI. This AI platform now manages 600,000 consumer interactions per quarter and is responsible for over 43% of locked loans, showcasing its significant impact on the company’s operations.

Strong Performance of Tinman AI Platform

The Tinman AI platform demonstrated robust growth, with a 164% increase in loans funded through NEO Powered by Better compared to the previous quarter. This translated into a contribution profit of $6,172 per loan, underscoring the platform’s efficiency and profitability.

Improvement in Net Promoter Score

The adoption of Betsy AI has also positively impacted customer satisfaction, as evidenced by the increase in the Net Promoter Score from 39 to 64. This score aligns the company with industry leaders like Google and Apple, reflecting enhanced customer experiences.

Debt Restructuring and Financial Stability

A significant debt restructuring with SoftBank was completed, boosting GAAP equity by over $210 million and reducing corporate debt. This move is expected to enhance the company’s financial stability and support future growth initiatives.

Adjusted EBITDA Loss

Despite the positive developments, the company reported an adjusted EBITDA loss of approximately $27 million for the second quarter of 2025, highlighting ongoing financial challenges that need to be addressed.

Loss of Ally Business

The company faced a substantial setback with the loss of its business with Ally, resulting in a $1 billion headwind. This loss underscores the importance of strategic partnerships in maintaining business momentum.

Forward-Looking Guidance

Looking ahead, Better Home & Finance Holding Company aims to achieve an adjusted EBITDA breakeven by Q3 2026. This goal is supported by a 25% year-over-year growth in funded loan volume, a 37% increase in revenue, and improvements in operational efficiency. The company also plans to leverage strategic diversification through its Tinman AI platform, which showed a contribution margin of 40% in Q2 2025.

In conclusion, Aurora Acquisition Corp. Class A’s earnings call reflects a positive sentiment, driven by substantial growth in revenue and loan volume, and significant advancements in AI technology. While challenges such as an adjusted EBITDA loss and the loss of a major business partner remain, the company’s strategic focus and technological innovations provide a clear path toward future profitability and stability.