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Velocity Financial, Inc.
VEL•NYSE
Financial ServicesFinancial - Mortgages
$17.08
$0.33(1.97%)
Velocity Financial, Inc. (VEL) Financial Performance & Statements
Review Velocity Financial, Inc.’s income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns to understand its financial health and growth.
Revenue Growth
60.75%
↑ 60.75%
Operating Income Growth
31.95%
↑ 31.95%
Net Income Growth
30.89%
↑ 30.89%
Operating Cash Flow Growth
-22.69%
↓ 22.69%
Operating Margin
52.12%
↑ 52.12%
Gross Margin
72.93%
↑ 72.93%
Net Profit Margin
17.37%
↑ 17.37%
ROE
13.67%
↑ 13.67%
ROIC
3.50%
↑ 3.50%
Velocity Financial, Inc. (VEL) Financial Statements
Explore quarterly and annual reports including balance sheet, income statement, cash flow for Velocity Financial, Inc. stock.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $124.89M | $49.27M | $107.09M | $98.61M |
| Cost of Revenue | $61.26M | $5.01M | $4.47M | $8.22M |
| Gross Profit | $63.62M | $44.25M | $102.63M | $90.38M |
| Gross Profit Ratio | $0.51 | $0.90 | $0.96 | $0.92 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $23.41M | $2.31M | $17.18M | $15.86M |
| Operating Expenses | $63.62M | $29.60M | $18.90M | $2.63M |
| Total Costs & Expenses | $63.62M | $34.61M | $18.90M | $10.86M |
| Interest Income | $114.94M | $105.07M | $97.76M | $90.53M |
| Interest Expense | $74.63M | $63.87M | $65.34M | $61.05M |
| Depreciation & Amortization | $302000.00 | $615000.00 | $557000.00 | $526000.00 |
| EBITDA | $107.23M | $0.00 | $22.56M | $87.27M |
| EBITDA Ratio | $0.86 | $0.00 | $0.21 | $0.89 |
| Operating Income | $107.23M | $20.73M | $86.79M | $87.75M |
| Operating Income Ratio | $0.86 | $0.42 | $0.81 | $0.89 |
| Other Income/Expenses (Net) | -$75.20M | $512000.00 | -$66.92M | -$64.51M |
| Income Before Tax | $32.04M | $21.24M | $19.87M | $23.24M |
| Income Before Tax Ratio | $0.26 | $0.43 | $0.19 | $0.24 |
| Income Tax Expense | $11.23M | $5.63M | $5.16M | $5.90M |
| Net Income | $20.59M | $15.80M | $14.78M | $17.25M |
| Net Income Ratio | $0.16 | $0.32 | $0.14 | $0.17 |
| EPS | $0.62 | $0.48 | $0.45 | $0.52 |
| Diluted EPS | $0.57 | $0.44 | $0.42 | $0.48 |
| Weighted Avg Shares Outstanding | $32.65M | $32.71M | $32.59M | $32.54M |
| Weighted Avg Shares Outstanding (Diluted) | $36.10M | $35.90M | $35.60M | $35.44M |
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