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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 211.737 | 131.718 | 94.328 | 75.315 | 69.955 | 0 | 49.802 | 99.799 | 78.976 | 56.499 | 26.493 |
| Cost of Revenue
| 0 | 0 | 13.987 | 13.407 | 12.799 | 0 | 7.443 | 6.098 | 58.501 | 3.139 | 1.793 |
| Gross Profit
| 211.737 | 131.718 | 80.341 | 61.908 | 57.156 | 0 | 42.359 | 93.701 | 20.475 | 53.36 | 24.7 |
| Gross Profit Ratio
| 1 | 1 | 0.852 | 0.822 | 0.817 | 0 | 0.851 | 0.939 | 0.259 | 0.944 | 0.932 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 7.616 | 4.599 | 34.507 | 23.379 | 24.653 | 22.804 | 21.453 | 16.728 | 12.99 | 0 | 0 |
| Selling & Marketing Expenses
| 0 | 50.271 | 1.421 | 0.661 | 0.578 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 7.616 | 52.994 | 35.928 | 24.04 | 25.231 | 22.804 | 21.453 | 16.728 | 12.99 | 10.242 | 7.449 |
| Other Expenses
| 132.022 | 0 | 42.756 | 0 | 40.734 | -51.669 | 0 | 0 | 19.986 | 0 | 0 |
| Operating Expenses
| 139.638 | 54.87 | 46.935 | 22.115 | 65.965 | -28.865 | 19.465 | 14.68 | 32.976 | 10.242 | 7.449 |
| Operating Income
| 101.398 | 76.848 | 22.225 | 39.793 | 23.129 | 25.398 | 30.337 | 75.281 | 57.622 | 42.74 | 17.251 |
| Operating Income Ratio
| 0.479 | 0.583 | 0.236 | 0.528 | 0.331 | 0 | 0.609 | 0.754 | 0.73 | 0.756 | 0.651 |
| Total Other Income Expenses Net
| -5.007 | -5.721 | 22.327 | 0 | 0 | 0 | -11.088 | -61.292 | -50.825 | -35.586 | -23.554 |
| Income Before Tax
| 96.391 | 71.127 | 44.552 | 39.793 | 23.129 | 25.398 | 19.249 | 13.989 | 6.797 | 7.154 | -6.303 |
| Income Before Tax Ratio
| 0.455 | 0.54 | 0.472 | 0.528 | 0.331 | 0 | 0.387 | 0.14 | 0.086 | 0.127 | -0.238 |
| Income Tax Expense
| 27.925 | 18.834 | 12.033 | 10.569 | 5.352 | 8.106 | 11.618 | 0 | 0 | 0 | 0 |
| Net Income
| 68.419 | 52.273 | 32.211 | 29.224 | 17.777 | 17.292 | 7.631 | 13.989 | 6.797 | 7.154 | -6.303 |
| Net Income Ratio
| 0.323 | 0.397 | 0.341 | 0.388 | 0.254 | 0 | 0.153 | 0.14 | 0.086 | 0.127 | -0.238 |
| EPS
| 2.12 | 1.6 | 0.99 | 0.9 | -1.55 | 0.86 | 0.65 | 1.19 | 0.58 | 0.36 | -0.31 |
| EPS Diluted
| 1.94 | 1.52 | 0.94 | 0.86 | -1.55 | 0.86 | 0.9 | 1.19 | 0.58 | 0.36 | -0.31 |
| EBITDA
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 77.075 | 58.587 | 42.74 | 17.251 |
| EBITDA Ratio
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.772 | 0.742 | 0.756 | 0.651 |