Better Home & Finance Reports Strong Q2 2025 Growth

Aurora Acquisition Corp. Class A ( (BETR) ) has released its Q2 earnings. Here is a breakdown of the information Aurora Acquisition Corp. Class A presented to its investors.

Aurora Acquisition Corp. Class A, operating under the brand Better Home & Finance Holding Company, is a digitally native homeownership company leveraging advanced AI technology to streamline mortgage processes and enhance customer experience. The company operates primarily in the mortgage and finance sector, offering a variety of loan products across the United States and the United Kingdom.

In its second quarter of 2025, Better Home & Finance reported a significant increase in funded loan volume, reaching $1.2 billion, marking a 25% rise year-over-year. The company also highlighted its strategic focus on leveraging its Tinman AI Platform to drive growth and improve efficiency, with expectations of further enhancements in Adjusted EBITDA losses through 2025.

Key financial metrics from the quarter include a revenue increase to approximately $44 million, up from $32 million in the same quarter of the previous year, and a reduction in net loss to $36 million from $41 million year-over-year. The company retired $521 million of convertible debt, creating over $210 million in pre-tax equity value, and is targeting Adjusted EBITDA breakeven by the end of Q3 2026.

Better Home & Finance continues to advance its AI-driven initiatives, including the expansion of its Betsy™ AI program, which enhances customer interaction and loan processing. The company is also focusing on exiting non-core UK assets to improve its financial position and expects these actions to benefit its Adjusted EBITDA losses in the latter half of 2025.

Looking ahead, Better Home & Finance remains committed to achieving profitability by the end of Q3 2026, driven by strategic growth initiatives and continued enhancements in operational efficiency through its AI technology platforms.