Velocity Financial Inc.

NYSE: VEL · Real-Time Price · USD
18.91
-0.08 (-0.42%)
At close: Aug 15, 2025, 12:19 PM

Velocity Financial Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
451.01M 131.72M 253.54M 190.99M
Cost of Revenue
n/a n/a n/a 105.7M
Gross Profit
177.65M 131.72M 94.33M 61.91M
Operating Income
101.4M 76.85M 199.66M 39.79M
Interest Income
406.84M 315.97M 240.34M 181.97M
Pretax Income
96.39M 71.13M 44.55M 39.79M
Net Income
68.42M 52.27M 32.21M 29.22M
Selling & General & Admin
74.55M 52.99M 35.93M 24.04M
Research & Development
n/a n/a n/a n/a
Other Expenses
4.59M 1.88M 457K 11.77M
Operating Expenses
79.13M 54.87M 36.38M 35.81M
Interest Expense
247.22M 203.02M 157.19M 106M
Selling & Marketing Expenses
1.24M 872K 1.42M 661K
Cost & Expenses
83.58M 54.87M 53.88M 45.2M
Income Tax Expense
27.93M 18.83M 12.03M 10.57M
Shares Outstanding (Basic)
32.65M 32.21M 31.91M 22.81M
Shares Outstanding (Diluted)
35.76M 34.48M 34.13M 33.98M
EPS (Basic)
2.07 1.60 0.99 0.90
EPS (Diluted)
1.89 1.52 0.93 0.86
EBITDA
n/a n/a 201.78M n/a
EBIT
-2M -2.3M -2.12M -2.41M
Depreciation & Amortization
2M 2.3M 2.12M 2.41M