Velocity Financial, Inc.
NYSE:VEL
19.98 (USD) • At close November 14, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q1 | 2017 Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | |||||||||||||||||||||||||||
| Current Assets: | |||||||||||||||||||||||||||
| Cash & Cash Equivalents
| 44.094 | 79.659 | 59.045 | 61.927 | 29.393 | 33.987 | 39.397 | 45.248 | 26.372 | 46.25 | 36.629 | 36.131 | 35.497 | 27.741 | 20.434 | 13.273 | 19.21 | 9.803 | 7.649 | 22.551 | 8.849 | 14.105 | 0 | 15.954 | 33.793 | 0 | 15.422 |
| Short Term Investments
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,272.39 | 0 | 0 | 0 | 2,527.564 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash and Short Term Investments
| 44.094 | 79.659 | 59.045 | 61.927 | 29.393 | 33.987 | 39.397 | 3,317.638 | 26.372 | 46.25 | 36.629 | 2,563.695 | 35.497 | 27.741 | 20.434 | 13.273 | 19.21 | 9.803 | 7.649 | 22.551 | 8.849 | 14.105 | 0 | 15.954 | 33.793 | 0 | 15.422 |
| Net Receivables
| 37.209 | 120.049 | 119.01 | 0 | 95.131 | 87.804 | 87.252 | 95.483 | 87.287 | 92.828 | 96.974 | 89.301 | 69.902 | 94.78 | 92.779 | 0 | 58.002 | 58.43 | 54.87 | 67.732 | 58.384 | 48.265 | 0 | 52.981 | 0 | 0 | 0 |
| Inventory
| 0 | 0 | 46.28 | 44.268 | 29.299 | 20.388 | 21.778 | 13.325 | 13.188 | 55.467 | 144.44 | 0 | 57.927 | 20.046 | 14.487 | 0 | 0 | -40.637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.843 | 0 | 0 | 0 | 1.628 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets
| 81.303 | 47.366 | 66.316 | 40.566 | 54.385 | 57.895 | 60.328 | 3,358.564 | 113.659 | 46.25 | 133.603 | 2,578.5 | 48.341 | 49.004 | 20.434 | 13.273 | 19.21 | 9.803 | 24.635 | 39.538 | 67.233 | 62.37 | 0 | 68.935 | 33.793 | 0 | 15.422 |
| Non-Current Assets: | |||||||||||||||||||||||||||
| Property, Plant & Equipment, Net
| 1.693 | 1.912 | 2.013 | 5.329 | 2.861 | 3.023 | 3.209 | 3.356 | 3.495 | 3.632 | 3.69 | 7.574 | 3.348 | 3.625 | 3.891 | 4.145 | 4.446 | 4.718 | 4.964 | 10.687 | 4.903 | 5.045 | 0 | 5.535 | 5.778 | 0 | 0.82 |
| Goodwill
| 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 6.775 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets
| 0 | 12.229 | 9.022 | 8.578 | 9.786 | 9.445 | 9.143 | 9.238 | 9.868 | 8.438 | 7.661 | 7.152 | 0 | 0 | 0 | 4.597 | 0 | 0 | 0 | 5.266 | 0 | 0 | 0 | 4.782 | 0 | 0 | 4.946 |
| Goodwill and Intangible Assets
| 6.775 | 19.004 | 15.797 | 15.353 | 16.561 | 16.22 | 15.918 | 16.013 | 16.643 | 15.213 | 14.436 | 13.927 | 0 | 0 | 0 | 4.597 | 0 | 0 | 0 | 5.266 | 0 | 0 | 0 | 4.782 | 0 | 0 | 4.946 |
| Long Term Investments
| 0 | -4,600.868 | 1.967 | -8.578 | 0 | 0 | 0 | 0 | 0 | -15.195 | 1.649 | 0 | 0 | 0 | 0 | -4.597 | 0 | 0 | 0 | -5.266 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Assets
| 14.501 | 1.144 | 1.58 | 6.721 | 0.705 | 1.878 | 2.543 | 5.033 | 4.337 | 15.195 | 16.477 | 16.604 | 17.026 | 13.196 | 9.246 | 6.654 | 1.832 | 5.556 | 10.111 | 8.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets
| 0 | 9,404.835 | -10.989 | -18.825 | -9.786 | -9.445 | -9.143 | -9.238 | -4.337 | 3,267.644 | -18.126 | -10.896 | 0 | 0 | -9.246 | -6.654 | -1.832 | 2,149.181 | 0 | -6.007 | -4.903 | -5.045 | 0 | -4.782 | 1,599.678 | 0 | 1,350.657 |
| Total Non-Current Assets
| 22.969 | 4,826.027 | 10.368 | 4,364.007 | 10.341 | 11.676 | 12.527 | 15.164 | 20.138 | 3,286.489 | 18.126 | 27.209 | 20.374 | 16.821 | 3.891 | 4.145 | 4.446 | 2,159.455 | 15.075 | 12.96 | 4.903 | 5.045 | 0 | 5.535 | 1,605.456 | 0 | 1,356.423 |
| Total Assets
| 5,202.474 | 4,873.393 | 4,628.218 | 4,408.955 | 4,117.308 | 3,951.145 | 3,837.094 | 3,748.975 | 3,647.366 | 3,332.739 | 3,109.722 | 2,812.478 | 2,457.164 | 2,267.605 | 2,164.839 | 2,102.874 | 2,126.866 | 2,187.051 | 2,257.354 | 2,214.766 | 2,064.501 | 1,873.554 | 0 | 1,737.985 | 1,639.249 | 0 | 1,371.845 |
| Liabilities & Equity: | |||||||||||||||||||||||||||
| Current Liabilities: | |||||||||||||||||||||||||||
| Account Payables
| 0 | 138.033 | 123.988 | 121.969 | 97.869 | 95.344 | 84.976 | 91.525 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63.361 | 0 | 55.938 | 0 | 0 | 41.789 | 30.664 | 0 | 26.797 | 0 | 0 | 0 |
| Short Term Debt
| 0 | 237.437 | 360.216 | 334.755 | 215.176 | 235.749 | 298.313 | 330.814 | 340.05 | 208.39 | 424.692 | 301.069 | 258.491 | 151.872 | 203.314 | 75.923 | 19.541 | 160.796 | 297.537 | 421.548 | 349.115 | 279.96 | 0 | 0 | 0 | 0 | 0 |
| Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue
| 0 | 99.404 | 236.228 | 214.075 | 117.307 | 140.405 | 213.337 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities
| 0 | -474.874 | -484.204 | -670.799 | -430.352 | -471.498 | -596.626 | -422.339 | -340.05 | -208.39 | -424.692 | -301.069 | -258.491 | -151.872 | -203.314 | -139.284 | -19.541 | -216.734 | -297.537 | -421.548 | -390.904 | -310.624 | 0 | -26.797 | 0 | 0 | 0 |
| Total Current Liabilities
| 0 | 237.437 | 360.216 | 336.044 | 215.176 | 235.749 | 298.313 | 91.525 | 340.05 | 208.39 | 424.692 | 301.069 | 258.491 | 151.872 | 65.003 | 63.361 | 61.859 | 55.938 | 297.537 | 421.548 | 349.115 | 279.96 | 0 | 215.931 | 0 | 0 | 0 |
| Non-Current Liabilities: | |||||||||||||||||||||||||||
| Long Term Debt
| 0 | 4,022.802 | 3,687.562 | 3,507.311 | 3,384.247 | 3,214.81 | 3,062.565 | 2,946.136 | 2,861.432 | 2,686.453 | 2,244.33 | 2,074.724 | 1,787.123 | 1,722.216 | 1,583.052 | 1,654.001 | 1,745.706 | 1,674.29 | 1,654.853 | 2,005.776 | 1,523.018 | 1,388.517 | 0 | 1,329.242 | 1,438.906 | 0 | 1,194.182 |
| Deferred Revenue Non-Current
| 0 | 0 | 0 | 333.074 | 0 | 0 | 0 | -7.179 | 0 | 0 | 0 | -91.621 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 0 | 0 | 4.382 | 0 | 0 | 0 | 7.179 | 0 | 0 | 0 | 3.474 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities
| 0 | -4,022.802 | -3,687.562 | -3,507.311 | -3,384.247 | -3,214.81 | -3,062.565 | 422.339 | -2,861.432 | -2,686.453 | -2,244.33 | -2,074.724 | -1,787.123 | -1,722.216 | -1,583.052 | -1,654.001 | -1,745.706 | -1,674.29 | -1,654.853 | -2,005.776 | -1,523.018 | -1,388.517 | 0 | -1,329.242 | 0 | 0 | 0 |
| Total Non-Current Liabilities
| 0 | 4,022.802 | 4,171.766 | 3,967.7 | 3,384.247 | 3,214.81 | 298.313 | 3,276.95 | 340.05 | 2,686.453 | 2,244.33 | 2,074.724 | 1,787.123 | 1,722.216 | 1,583.052 | 1,654.001 | 1,745.706 | 1,835.086 | 1,650.796 | 1,584.228 | 1,523.018 | 1,388.517 | 0 | 1,329.242 | 1,438.906 | 0 | 1,194.182 |
| Total Liabilities
| 0 | 4,398.646 | 4,171.766 | 3,972.082 | 3,697.292 | 3,545.903 | 3,445.854 | 3,368.475 | 3,276.632 | 2,973.227 | 2,761.79 | 2,467.988 | 2,214.974 | 2,034.137 | 1,941.369 | 1,883.285 | 1,917.106 | 1,981.024 | 2,006.924 | 2,061.922 | 1,913.922 | 1,726.541 | 0 | 1,598.267 | 1,438.906 | 0 | 1,194.182 |
| Equity: | |||||||||||||||||||||||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 90 | 90 | 90 | 90 | 90 | 90 | 0 | 0 | 0 | 27.4 | 26.465 | 26.465 | 26.01 | 24.691 | 24.691 |
| Common Stock
| 0.335 | 0.335 | 0.334 | 0.331 | 0.33 | 0.329 | 387.624 | 376.811 | 0.325 | 0.325 | 0.325 | 0.323 | 0.206 | 0.206 | 0.206 | 0.201 | 0.201 | 0.201 | 0.201 | 152.844 | 150.579 | 147.013 | 0 | 136.8 | 151.904 | 0 | 130.943 |
| Retained Earnings
| 176.738 | 160.935 | 146.157 | 128.906 | 112.456 | 99.465 | 87.282 | 76.633 | 68.171 | 58.188 | 47.543 | 44.422 | 36.069 | 28.047 | 18.594 | 15.198 | 5.622 | 2.141 | 2.483 | 0 | 0 | 0 | 0 | -163.265 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income/Loss
| -2.655 | 1.598 | 0.794 | -1.21 | 0.905 | -0 | 0 | -0 | 0 | 0 | -0 | 0 | -90 | -90 | -90 | -90 | -90 | -90 | 0 | -5.151 | 0 | 0 | 136.8 | -4.037 | 0 | 130.943 | 0 |
| Other Total Stockholders Equity
| 310.218 | 308.455 | 305.656 | 305.417 | 303.612 | 301.913 | 300.014 | 299.852 | 298.314 | 297.382 | 296.573 | 296.364 | 205.915 | 205.215 | 204.67 | 204.19 | 203.937 | 203.685 | 247.746 | 0 | 0 | -27.4 | 0 | 167.302 | 0 | 0 | 0 |
| Total Shareholders Equity
| 484.636 | 471.323 | 452.941 | 433.444 | 416.398 | 401.707 | 387.624 | 376.811 | 366.81 | 355.895 | 344.441 | 341.109 | 242.19 | 233.468 | 223.47 | 219.589 | 209.76 | 206.027 | 250.43 | 152.844 | 150.579 | 147.013 | 163.265 | 139.718 | 177.914 | 155.634 | 155.634 |
| Total Equity
| 487.689 | 474.747 | 456.452 | 436.873 | 420.016 | 405.242 | 391.24 | 380.5 | 370.734 | 359.512 | 347.932 | 344.49 | 242.19 | 233.468 | 223.47 | 219.589 | 209.76 | 206.027 | 250.43 | 152.844 | 150.579 | 147.013 | 163.265 | 139.718 | 177.914 | 155.634 | 155.634 |
| Total Liabilities & Shareholders Equity
| 5,202.474 | 4,873.393 | 4,628.218 | 4,408.955 | 4,117.308 | 3,951.145 | 3,837.094 | 3,748.975 | 3,647.366 | 3,332.739 | 3,109.722 | 2,812.478 | 2,457.164 | 2,267.605 | 2,164.839 | 2,102.874 | 2,126.866 | 2,187.051 | 2,257.354 | 2,214.766 | 2,064.501 | 1,873.554 | 163.265 | 1,737.985 | 1,616.82 | 155.634 | 1,349.816 |