Velocity Financial, Inc.
NYSE:VEL
17.77 (USD) • At close April 25, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q4 | 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 Q2 | 2018 Q1 | 2017 Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | |||||||||||||||||||||||||||||
| Net Income
| 20.805 | 16.031 | 14.778 | 17.333 | 17.13 | 12.168 | 12.222 | 10.649 | 8.462 | 10.29 | 10.771 | 3.231 | 8.353 | 8.022 | 9.453 | 3.396 | 9.576 | 3.481 | 2.141 | 2.579 | 5.182 | 3.88 | 3.535 | 4.695 | 1.955 | 3.318 | 4.32 | 2.638 | 5.718 |
| Depreciation & Amortization
| 0.302 | 0.615 | 0.557 | 0.526 | 0.755 | 0.519 | 0.518 | 0.505 | 0.532 | 0.519 | 0.529 | 0.536 | 0.643 | 0.6 | 0.5 | 0.668 | 0.612 | 0.619 | 0.613 | 0.602 | 0.692 | 0.536 | 0.62 | 0.62 | 0.365 | 0.364 | 0.353 | 0.353 | 0.23 |
| Deferred Income Tax
| -0.327 | -11.752 | 0.168 | 0.48 | -1.634 | 1.174 | 0.664 | 2.49 | -0.695 | 10.858 | 1.281 | 0.127 | 0.423 | -3.831 | -3.95 | -2.592 | -4.822 | 3.724 | 4.555 | -1.79 | -4.152 | -0.9 | -1.45 | -1.261 | -2.131 | -0.06 | 0 | 0 | 0 |
| Stock Based Compensation
| 1.645 | 1.574 | 1.6 | 1.371 | 0.923 | 1.2 | 1.026 | 1 | 1.19 | 0.931 | 0.81 | 0.669 | 0.564 | 0.5 | 0.5 | 0.485 | 0.253 | 0.2 | 0.253 | 0.207 | 0 | 4.746 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Working Capital
| 7.582 | 8.384 | 0.826 | 2.83 | 11.889 | -0.628 | 14.123 | -8.472 | 14.908 | -15.231 | -15.564 | -2.139 | 0.465 | 7.444 | -0.113 | 5.007 | 11.745 | 0.043 | -1.629 | -0.63 | 8.39 | -6.555 | -13.009 | 11.803 | -6.868 | 3.436 | -6.996 | -6.996 | -3.666 |
| Accounts Receivables
| -2.801 | 1.986 | 0 | 0.456 | 4.902 | -1.655 | -0.789 | 0 | 0 | -3.273 | 0.19 | 0 | 0 | -0.567 | -3.276 | 2.8 | 0 | -1.109 | -5.528 | 1.088 | 0 | -11.262 | 0.653 | 4.332 | -4.93 | 2.398 | -6.858 | -6.858 | -3.369 |
| Change In Inventory
| 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 | 0 | 0 |
| Change In Accounts Payables
| 0 | 2.317 | 0 | 2.66 | 0 | -0.31 | 10.764 | 0 | 8.579 | -4.245 | -11.73 | 0.589 | 2.559 | 7.442 | 3.314 | 3.137 | 2.613 | 0 | 0 | 0.433 | 6.288 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Working Capital
| 10.383 | 4.081 | 0.826 | -0.286 | 6.987 | 1.337 | 4.148 | -8.472 | 6.329 | -7.713 | -4.024 | -2.728 | -2.094 | 0.569 | -0.151 | -0.93 | 9.132 | 1.152 | 3.899 | -2.151 | 2.102 | 4.707 | -13.662 | 7.471 | -1.938 | 1.038 | -0.138 | -0.138 | -0.297 |
| Other Non Cash Items
| 3.266 | -32.423 | -6.457 | -11.959 | -8.963 | -24.186 | 15.804 | -18.1 | 15.621 | -11.811 | 3.437 | 9.412 | 7.6 | 5.943 | 4.082 | 3.46 | 0.164 | 5.557 | 16.441 | 0.398 | -38.255 | -88.105 | -20.105 | 23.757 | -44.753 | 8.517 | -15.991 | -14.309 | 10.695 |
| Operating Cash Flow
| 33.273 | -17.571 | 11.472 | 10.581 | 20.1 | -9.753 | 44.357 | -11.928 | 40.018 | -4.444 | 1.264 | 11.836 | 18.048 | 18.678 | 10.472 | 10.424 | 17.528 | 13.624 | 22.374 | 1.366 | -28.143 | -86.398 | -30.409 | 39.614 | -51.432 | 15.575 | -18.314 | -18.314 | 12.977 |
| Investing Activities: | |||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| -0.099 | -0.065 | -0.084 | -0.041 | -0.108 | -0.024 | 0 | -0.048 | -0.053 | -0.056 | -0.151 | -0.066 | -0.031 | -0.002 | -0.053 | -0.049 | -0.002 | -0.042 | -0.057 | -0.625 | -0.504 | -0.189 | -0.133 | -0.056 | -0.145 | -0.298 | -0.43 | -0.43 | -0.556 |
| Acquisitions Net
| 0 | -0.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10.755 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases Of Investments
| 0 | -14.895 | 0 | 0 | 0 | 0 | 0 | 0 | 5.021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales Maturities Of Investments
| 0 | 32.933 | 0 | 5.741 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.323 | 0 | 0 | 0 | 1.167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activites
| -355.97 | -297.065 | -196.753 | -218.144 | -223.834 | -148.157 | -141.031 | -71.53 | -94.141 | -311.13 | -214.07 | -293.592 | -342.725 | -176.649 | -85.935 | -53.607 | 13.235 | 70.677 | 54.825 | -51.439 | -86.396 | -90.896 | -75.864 | -51.896 | -70.624 | -80.518 | -58.876 | -58.876 | -69.227 |
| Investing Cash Flow
| -356.069 | -279.732 | -196.837 | -212.444 | -223.942 | -148.181 | -141.031 | -71.578 | -89.173 | -311.186 | -214.221 | -293.658 | -340.188 | -176.651 | -85.988 | -53.656 | 14.4 | 70.635 | 54.768 | -52.064 | -86.9 | -91.085 | -75.997 | -51.952 | -70.769 | -80.816 | -59.306 | -59.306 | -69.783 |
| Financing Activities: | |||||||||||||||||||||||||||||
| Debt Repayment
| 319.05 | 285.285 | 205.158 | 202.436 | 212.667 | 154.487 | 92.033 | 78.479 | 72.193 | 304.869 | 230.173 | 292.226 | 332.871 | 171.555 | 88.053 | 61.14 | -38.349 | -70.481 | -114.099 | -60.191 | 133.643 | 212.847 | 103.421 | 17.83 | 109.059 | 87.302 | 0 | 0 | 63.601 |
| Common Stock Issued
| 8.3 | 0.189 | 1.501 | 0.155 | 0.907 | 0.523 | 0.875 | 0 | 0.607 | 0 | 0 | 0 | -0.167 | 0.137 | 0 | 0 | -59.756 | 0 | 0 | 100.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock Repurchased
| 0 | 0 | -0.266 | -1.284 | -0.024 | 0 | -0.001 | -0.836 | 0 | 0 | 0 | -0.458 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid
| 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 | 0 | 0 |
| Other Financing Activities
| -2.535 | -0.569 | -0.414 | -2.326 | -0.936 | -0.753 | -1.493 | -0.16 | -2.494 | -3.801 | -9.215 | -10.084 | -8.21 | -4.298 | -4.117 | -10.959 | -0.317 | -3.285 | 41.363 | -7.234 | -3.049 | -39.01 | -0.302 | -3.235 | -4.712 | -0.468 | 76.225 | 76.225 | -10.291 |
| Financing Cash Flow
| 326.365 | 284.905 | 205.979 | 198.981 | 212.614 | 154.257 | 91.414 | 77.483 | 70.306 | 301.068 | 220.958 | 281.684 | 324.661 | 167.394 | 83.936 | 50.181 | -38.666 | -73.766 | -72.736 | 35.278 | 130.594 | 173.837 | 103.119 | 14.595 | 104.347 | 86.834 | 76.225 | 76.225 | 53.31 |
| Other Information: | |||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 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 | 0 | 0 |
| Net Change In Cash
| 3.569 | -12.398 | 20.614 | -2.882 | 14.831 | -3.677 | -5.26 | -6.023 | 21.151 | -14.562 | 8.001 | -0.138 | 2.521 | 9.421 | 8.42 | 6.949 | -6.738 | 10.493 | 4.406 | -15.42 | 15.551 | -3.646 | -3.287 | 2.257 | -17.854 | 21.593 | -1.395 | -1.395 | -3.496 |
| Cash At End Of Period
| 70.83 | 67.261 | 79.659 | 59.045 | 61.927 | 47.096 | 50.773 | 56.033 | 62.056 | 40.905 | 55.467 | 47.466 | 47.604 | 45.083 | 35.662 | 27.242 | 20.293 | 27.031 | 16.538 | 12.132 | 27.552 | 12.001 | 15.647 | 18.934 | 16.677 | 34.531 | -1.395 | 14.333 | 15.727 |