Aurora Acquisition Corp. Class A ( (BETR) ) has released its Q3 earnings. Here is a breakdown of the information Aurora Acquisition Corp. Class A presented to its investors.
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Better Home & Finance Holding Company, a leading AI-native mortgage lender, is revolutionizing the home finance sector by leveraging advanced technology to streamline the mortgage process and make homeownership more accessible.
In its third-quarter 2025 earnings report, Better Home & Finance highlighted significant strategic partnerships and a notable increase in funded loan volume, signaling robust growth and a promising trajectory for the company. The company reported a 17% year-over-year growth in total funded loan volume, with expectations of further acceleration driven by new partnerships.
Key financial metrics from the report include a revenue of approximately $44 million, a net loss of $39 million, and an adjusted EBITDA loss of $25 million. The company also saw a 56% increase in funded loan volume when excluding a discontinued partnership from the previous year. Strategic partnerships and AI-driven improvements are expected to continue enhancing efficiency and reducing losses.
Looking ahead, Better Home & Finance anticipates achieving a $500 million monthly run rate in funded loan volume in Q4 2025, with a target of reaching a $1 billion monthly run rate within the next six months. The company remains focused on expanding its strategic partnerships and leveraging its AI capabilities to drive growth and profitability, with an adjusted EBITDA breakeven expected by the end of Q3 2026.