Better SPAC Presentation Deck
Our scalable platform
underlies strong growth
and profitability
Current Business Lines
0000
Home
Finance
Better
Insurance
Real Estate
●
●
.
Lowest prices and fast
turnaround time enabled by
our low-cost manufacturing
D2C and B2B Go-to-market
Asset light balance sheet
strategy
One-click Title
One-click HOI
Integrated directly into
mortgage workflow
Offered through both in-house
and partner agent network
1. The Company's presentation of financial and operating metrics for the year
ended December 31, 2020 included in this presentation are preliminary and
unaudited and subject to change in connection with the completion of the
Company's year-end close procedures and further review, including the audit
currently underway by the Company's independent registered public
accounting firm. Actual results may differ as a result of the completion of the
Company's year-end closing procedures, audit adjustments, and other
developments that may arise between now and the time such financial
information for the year ended December 31, 2020 is finalized. Figures
presented here may ultimately differ from potential future disclosures in public
filings
Origination Volume ($bn)
Implied Market Share
Revenue ($mm)
% Growth year-over-year
Adj. EBITDA ($mm)
% Margin
Adj. Net Income ($mm)
% Margin
2019A
$4.9
0.2%
$89.2
250%
($61.3)
(69%)
($66.6)
(75%)
2020A
(Unaudited)¹
$24.2
0.5%
$875.6
884%
$281.1
32%
$227.7
26%
2021E
$57.3
1.4%
$1,387.0
58%
$210.7
15%
$122.9
9%
2022E
$101.9
3.2%
$2,704.5
95%
$716.0
26%
$470.8
17%
2023E
$181.0
5.6%
$5,139.9
90%
$1,860.3
36%
$1,281.4
25%
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