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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 131.718 | 93.075 | 75.879 | 65.965 | 54.263 | 45.601 | 33.639 | 24.646 | 56.499 | 26.493 |
| Cost of Revenue
| 0 | 12.734 | 13.407 | 12.799 | 9.864 | 7.443 | 6.098 | 4.171 | 3.139 | 1.793 |
| Gross Profit
| 131.718 | 80.341 | 62.472 | 53.166 | 44.399 | 38.158 | 27.541 | 20.475 | 53.36 | 24.7 |
| Gross Profit Ratio
| 1 | 0.863 | 0.823 | 0.806 | 0.818 | 0.837 | 0.819 | 0.831 | 0.944 | 0.932 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 4.599 | 32.206 | 27.949 | 22.474 | 22.804 | 21.453 | 16.728 | 12.99 | 0 | 0 |
| Selling & Marketing Expenses
| 50.271 | 1.421 | 0.661 | 0.578 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 52.994 | 32.206 | 27.949 | 22.474 | 22.804 | 21.453 | 16.728 | 12.99 | 0 | 7.449 |
| Other Expenses
| 0 | 55.49 | -64.035 | -65.31 | -51.669 | 28.114 | 24.914 | 19.986 | -10.242 | 0 |
| Operating Expenses
| 54.87 | 59.669 | -36.086 | -42.836 | -28.865 | 49.567 | 41.642 | 32.976 | 10.242 | 7.449 |
| Operating Income
| 76.848 | 171.967 | 39.793 | 23.129 | 25.398 | 95.168 | 75.281 | 57.622 | 43.118 | 17.251 |
| Operating Income Ratio
| 0.583 | 1.848 | 0.524 | 0.351 | 0.468 | 2.087 | 2.238 | 2.338 | 0.763 | 0.651 |
| Total Other Income Expenses Net
| -5.721 | -13.391 | -21.234 | -20.114 | -17.785 | -11.088 | -8.432 | -6.166 | -35.586 | -23.554 |
| Income Before Tax
| 71.127 | 44.552 | 39.793 | 23.129 | 25.398 | 19.249 | 13.989 | 6.797 | 7.154 | -6.303 |
| Income Before Tax Ratio
| 0.54 | 0.479 | 0.524 | 0.351 | 0.468 | 0.422 | 0.416 | 0.276 | 0.127 | -0.238 |
| Income Tax Expense
| 18.834 | 12.033 | 10.569 | 5.352 | 8.106 | 8.7 | 76.305 | 59.528 | 0 | 0 |
| Net Income
| 52.273 | 32.211 | 29.224 | 17.777 | 17.292 | 10.549 | 13.989 | 6.797 | 7.154 | -6.303 |
| Net Income Ratio
| 0.397 | 0.346 | 0.385 | 0.269 | 0.319 | 0.231 | 0.416 | 0.276 | 0.127 | -0.238 |
| EPS
| 1.6 | 0.99 | 1.28 | 0.88 | 0.86 | 0.9 | 1.19 | 0.58 | 0.36 | -0.31 |
| EPS Diluted
| 1.49 | 0.93 | 0.86 | 0.88 | 0.86 | 0.9 | 1.19 | 0.58 | 0.36 | -0.31 |
| EBITDA
| 0 | 22.225 | 0 | 0 | 0 | 0 | 77.075 | 58.587 | 42.74 | 17.251 |
| EBITDA Ratio
| 0 | 1.87 | 0.556 | 0.388 | 0.514 | 2.118 | 2.273 | 2.359 | 0.763 | 0.651 |