2022 Depreciation Resale 
The Motley Fool
JUNE 25, 2023
Image source: Getty Images A vehicle's paint color can impact its resale value by up to $5,000, according to new research by iSeeCars.com. That means its resale value three years later can be expected to be around $23,250. More: Check out our picks for best car insurance companies Vehicle color 3-year depreciation Beige 17.8%
The Motley Fool
NOVEMBER 30, 2023
Its growth accelerated in 2021 as the housing market recovered but slowed again in 2022 and 2023 as inflation and rising interest rates drove away potential buyers and sellers. Metric 2020 2021 2022 9M 2023 Revenue $2.6 billion $8.0 billion $15.6 billion $6.1 AI isn't a magic bullet that will solve all of Opendoor's recent problems.
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The Motley Fool
AUGUST 2, 2023
Although this is not great news, I would like to point out that a major piece of the revenue shortfall was resale revenue, which is low margin, and we have conscientiously reduced over the last few years to limit our dependency on this type of revenue. So, in the short term, the underrun and resale revenue impacts bottom-line profit.
The Motley Fool
FEBRUARY 27, 2024
US home sales dropped 18% year over year in 2022 and declined 19% year over year in 2023, resulting in the lowest level of home sales since 1995. During this time, we took aggressive action on what we could control by reducing our annualized non-GAAP operating expense by a run rate of nearly $600 million from Q2 2022.
The Motley Fool
NOVEMBER 1, 2023
year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations. Depreciation and amortization was down $7 million compared to the prior year. The second factor is the decline in resale revenues which drove 41% of our second quarter decrease in Cloud and ITO.
The Motley Fool
NOVEMBER 16, 2023
Since launching our revamped marketing strategies in the back half of 2022, supported by our best-in-class partners and state-of-the-art marketing tools, we have significantly shifted the way we utilize media. We expect inventory levels to continue to be down by double-digit percentages versus fiscal 2022 as we end the year.
The Motley Fool
SEPTEMBER 3, 2023
But fans were understandably frustrated, especially when they hopped on over to the secondary or resale ticket market and found tickets for, in some cases, thousands of dollars. According to Live Nation's proxy, 63% of Rapino's 2022 salary was based on performance and one of the factors here is adjusted operating income.
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