Velocity Financial Inc. (VEL)
18.57
-0.16 (-0.85%)
At close: Mar 28, 2025, 3:59 PM
Velocity Financial Income Statement
Year | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 |
Revenue | 211.74M | 131.72M | 93.08M | 75.88M | 65.97M | 54.26M | 45.6M | 33.64M | 24.65M | 56.5M | 26.49M |
Cost of Revenue | n/a | n/a | 12.73M | 13.41M | 12.8M | 9.86M | 7.44M | 6.1M | 4.17M | 3.14M | 1.79M |
Gross Profit | 211.74M | 131.72M | 80.34M | 62.47M | 53.17M | 44.4M | 38.16M | 27.54M | 20.48M | 53.36M | 24.7M |
Operating Income | 101.4M | 76.85M | 171.97M | 39.79M | 23.13M | 25.4M | 95.17M | 75.28M | 57.62M | 43.12M | 17.25M |
Interest Income | 406.84M | 310.77M | 240.34M | 181.97M | 167.32M | 157.53M | 124.72M | 97.83M | 78.42M | n/a | n/a |
Pretax Income | 96.39M | 71.13M | 44.55M | 39.79M | 23.13M | 25.4M | 19.25M | 13.99M | 6.8M | 7.15M | -6.3M |
Net Income | 68.42M | 52.27M | 32.21M | 29.22M | 17.78M | 17.29M | 10.55M | 13.99M | 6.8M | 7.15M | -6.3M |
Selling & General & Admin | 7.62M | 52.99M | 32.21M | 27.95M | 22.47M | 22.8M | 21.45M | 16.73M | 12.99M | n/a | 7.45M |
Research & Development | n/a | n/a | 0.18 | 0.21 | 0.13 | 0.16 | 0.15 | 0.14 | 0.09 | n/a | n/a |
Other Expenses | 132.02M | n/a | 55.49M | -64.03M | -65.31M | -51.67M | 28.11M | 24.91M | 19.99M | -10.24M | n/a |
Operating Expenses | 139.64M | 54.87M | 59.67M | -36.09M | -42.84M | -28.86M | 49.57M | 41.64M | 32.98M | 10.24M | 7.45M |
Interest Expense | 247.22M | 203.02M | 157.19M | 106M | 99.88M | 98.52M | 75.92M | 61.29M | 50.83M | 34.88M | n/a |
Selling & Marketing Expenses | n/a | 50.27M | 1.42M | 661K | 578K | n/a | n/a | n/a | n/a | n/a | n/a |
Cost & Expenses | 211.74M | 54.87M | 59.67M | -36.09M | -42.84M | -28.86M | 49.57M | 41.64M | 32.98M | 13.76M | 9.24M |
Income Tax | 27.93M | 18.83M | 12.03M | 10.57M | 5.35M | 8.11M | 8.7M | 76.31M | 59.53M | n/a | n/a |
Shares Outstanding (Basic) | 32.65M | 32.21M | 31.91M | 22.81M | 20.09M | 20.09M | 11.75M | 11.75M | 11.75M | 20.09M | 20.09M |
Shares Outstanding (Diluted) | 35.76M | 34.48M | 34.13M | 33.98M | 20.09M | 20.09M | 11.75M | 11.75M | 11.75M | 20.09M | 20.09M |
EPS (Basic) | 2.12 | 1.60 | 0.99 | 1.28 | 0.88 | 0.86 | 0.90 | 1.19 | 0.58 | 0.36 | -0.31 |
EPS (Diluted) | 1.94 | 1.49 | 0.93 | 0.86 | 0.88 | 0.86 | 0.90 | 1.19 | 0.58 | 0.36 | -0.31 |
EBITDA | n/a | n/a | 22.23M | n/a | n/a | n/a | n/a | 77.08M | 58.59M | 42.74M | 17.25M |
Depreciation & Amortization | 2M | 2.3M | 53.88M | 45.2M | 49.38M | 132.14M | 107.55M | 23.91M | 20.9M | n/a | n/a |