11/5/2023 0 Comments Rocket companies inc![]() Clients have already redeemed nearly $600,000 dollars in point value. Rocket Rewards ( our loyalty program with more than 1 million clients, has shown strong client adoption and engagement since its launch in October 2022.Rocket Money also had a record month of premium member growth in January 2023, the highest in its 8-year operating history. On January 2, 2023, Rocket Money took the top spot for daily downloads in the iOS app store Finance category and also reached top 10 in the overall iOS app store.Through these deeper, data-driven insights, we are able to deliver richer and more personalized experiences to Rocket Account holders and build ongoing relationships with them. Rocket Accounts, a key north star metric, represents clients who have taken the action to create an account with us and with whom we may have visibility on credit worthiness, spending behavior, finances, home buying intent and more. As of December 31, 2022, Rocket Accounts reached 25.4 million total accounts.In total, we have returned $409.3 million to Class A common stockholders under the $1 billion share repurchase program renewed in November 2022. Repurchased 32.1 million shares cumulatively at an average price of $12.73.Executed a disciplined and prudent approach to cost management and reduced overall cost structure by nearly $3 billion dollars on an annualized basis, comparing Q4 2021 to Q4 2022, or more than 40% of total cost base.Rocket Mortgage generated $133.1 billion in mortgage origination closed loan volume and gain on sale margin of 2.82%.Generated total adjusted revenue of $4.6 billion and adjusted net loss of $137 million, or an adjusted loss of 7 cents per diluted share. ![]()
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