Velocity Financial, Inc.
NYSE:VEL
18.91 (USD) • At close January 15, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||
| Current Assets: | ||||||||||
| Cash & Cash Equivalents
| 40.566 | 45.248 | 36.131 | 13.273 | 22.551 | 15.954 | 15.92 | 51.744 | 12.287 | 5.636 |
| Short Term Investments
| 0 | 3,272.39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash and Short Term Investments
| 40.566 | 3,317.638 | 36.131 | 13.273 | 22.551 | 15.954 | 15.92 | 51.744 | 12.287 | 5.636 |
| Net Receivables
| 35.791 | 95.483 | 89.301 | 86.502 | 67.732 | 52.702 | 34.271 | 0 | 18.891 | 7.105 |
| Inventory
| 0 | 13.325 | 17.557 | 15.767 | 13.068 | -1,743.821 | -1,371.845 | -1,163.522 | 0 | 0 |
| Other Current Assets
| 0 | 1.843 | 0 | 0 | 0 | 1.115 | 0 | 0 | -31.178 | -12.741 |
| Total Current Assets
| 76.357 | 3,358.564 | 125.432 | 99.775 | 90.283 | 68.935 | 50.191 | 49.978 | 0 | 0 |
| Non-Current Assets: | ||||||||||
| Property, Plant & Equipment, Net
| 5.329 | 3.356 | 7.574 | 4.145 | 10.687 | 5.535 | 5.766 | 3.875 | 1.473 | 0.69 |
| Goodwill
| 6.775 | 6.775 | 6.775 | 0 | 0 | 4.321 | 0 | 0 | 0 | 0 |
| Intangible Assets
| 8.578 | 9.238 | 7.152 | 4.597 | 5.266 | 4.782 | 4.946 | 0 | 0 | 0 |
| Goodwill and Intangible Assets
| 15.353 | 16.013 | 13.927 | 4.597 | 5.266 | 9.103 | 4.946 | 0 | 0 | 0 |
| Long Term Investments
| 0 | 0 | 4.897 | 0.238 | -5.266 | -1,747.389 | -1,371.025 | 0 | 0 | 0 |
| Tax Assets
| 0 | 5.033 | 16.604 | 6.654 | 8.28 | 1,743.821 | 1,371.845 | 1,133.129 | 0 | 0 |
| Other Non-Current Assets
| -20.682 | -9.238 | -21.501 | -11.489 | -8.28 | -5.535 | -5.766 | -53.853 | 879.247 | -0.69 |
| Total Non-Current Assets
| 4,364.007 | 15.164 | 21.501 | 4.145 | 10.687 | 5.535 | 5.766 | 1,083.151 | 0 | 0 |
| Total Assets
| 4,404.573 | 3,748.975 | 2,812.478 | 2,102.874 | 2,214.766 | 1,737.985 | 1,371.845 | 1,133.129 | 912.649 | 448.53 |
| Liabilities & Equity: | ||||||||||
| Current Liabilities: | ||||||||||
| Account Payables
| 121.969 | 91.525 | 92.195 | 63.361 | 0 | 26.797 | 22.029 | 0 | 0 | 0 |
| Short Term Debt
| 334.755 | 330.814 | 301.069 | 75.923 | 421.548 | 0 | 0 | 0 | 0 | 0 |
| Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue
| 214.075 | 0 | 208.874 | 12.562 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities
| -670.799 | -422.339 | -602.138 | -151.846 | -421.548 | -26.797 | -22.029 | 0 | 0 | 0 |
| Total Current Liabilities
| 0 | 91.525 | 301.069 | 75.923 | 421.548 | 215.931 | 85.303 | 1,957.232 | 0 | 0 |
| Non-Current Liabilities: | ||||||||||
| Long Term Debt
| 3,507.311 | 2,946.136 | 2,074.724 | 1,654.001 | 2,005.776 | 1,545.173 | 1,194.182 | 972.484 | 817.654 | 365.545 |
| Deferred Revenue Non-Current
| 0 | -7.179 | 2,071.25 | 1,650.227 | 1,572.012 | 1,580.556 | 1,216.211 | 984.748 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 7.179 | 3.474 | 3.774 | 12.216 | -1,511.177 | -1,166.213 | -904.377 | 0 | 0 |
| Other Non-Current Liabilities
| -3,507.311 | 422.339 | -2,074.724 | -1,654.001 | -2,005.776 | -1,545.173 | -1,194.182 | 0 | 8.562 | -365.545 |
| Total Non-Current Liabilities
| 3,967.7 | 3,276.95 | 2,074.724 | 1,654.001 | 1,584.228 | 1,329.242 | 1,108.879 | 972.484 | 826.216 | 0 |
| Total Liabilities
| 3,967.7 | 3,368.475 | 2,467.988 | 1,883.285 | 2,061.922 | 1,598.267 | 1,240.902 | 125.345 | 826.216 | 369.251 |
| Equity: | ||||||||||
| Preferred Stock
| 0 | 0 | 44.422 | 90 | 0 | 26.465 | 24.691 | 23.036 | 0 | 0 |
| Common Stock
| 0.331 | 376.811 | 0.323 | 0.201 | 152.844 | 136.8 | 130.943 | 125.345 | 86.433 | 79.279 |
| Retained Earnings
| 128.906 | 76.633 | 44.422 | 15.198 | 152.844 | 163.265 | 155.634 | 148.381 | 0 | 0 |
| Accumulated Other Comprehensive Income/Loss
| -1.21 | -0 | 0 | -90 | 152.844 | -4.037 | -2.712 | 148.381 | 0 | 0 |
| Other Total Stockholders Equity
| 305.417 | 299.852 | 296.364 | 204.19 | 0 | 4.037 | -21.979 | 687.986 | 0 | 0 |
| Total Shareholders Equity
| 433.444 | 376.811 | 341.109 | 219.589 | 152.844 | 139.718 | 130.943 | 1,133.129 | 86.433 | 79.279 |
| Total Equity
| 436.873 | 380.5 | 344.49 | 2,024.347 | 2,131.068 | 1,668.214 | 1,309.398 | 2,053.869 | 86.433 | 79.279 |
| Total Liabilities & Shareholders Equity
| 4,404.573 | 3,748.975 | 2,812.478 | 2,102.874 | 2,214.766 | 1,737.985 | 1,371.845 | 972.484 | 912.649 | 448.53 |