Velocity Financial, Inc. (VEL) - Quarterly Income Statement

Home
VEL
Financials

18.91 (USD) • At close January 15, 2025

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 Q2	2018 Q1	2017 Q4	2017 Q3	2017 Q2	2017 Q1
Revenue Numbers are in millions	45.796	107.092	98.607	93.693	39.826	35.077	33.083	28.423	24.042	26.058	14.551	21.369	20.439	20.613	13.459	20.928	16.295	13.579	14.828	16.258	12.541	11.878	13.586	10.689	11.879	11.939	12.555	12.359	25.906	24.293	21.985
Cost of Revenue Numbers are in millions	5.013	11.949	8.224	8.1	3.853	3.407	4.477	12.734	1.961	3.819	3.115	3.123	3.81	3.387	3.031	1.754	2.954	1.754	3.587	0	0	0	0	0	0	0	0	0	1.314	1.199	1.075
Gross Profit Numbers are in millions	40.783	95.143	90.383	85.593	35.973	31.67	28.606	15.689	22.081	22.239	11.436	18.246	16.629	17.226	10.428	19.174	13.341	11.825	11.241	16.258	12.541	11.878	13.586	10.689	11.879	11.939	12.555	12.359	24.592	23.094	20.91
Gross Profit Ratio Numbers are in millions	0.891	0.888	0.917	0.914	0.903	0.903	0.865	0.552	0.918	0.853	0.786	0.854	0.814	0.836	0.775	0.916	0.819	0.871	0.758	1	1	1	1	1	1	1	1	1	0.949	0.951	0.951
Reseach & Development Expenses Numbers are in millions	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	0	0
General & Administrative Expenses Numbers are in millions	2.305	17.179	15.855	17.545	12.995	11.128	10.454	12.228	7.233	6.979	5.765	12.139	5.185	4.976	5.649	4.559	6.107	6.311	5.496	10.18	4.081	4.199	4.344	9.191	4.125	4.067	0.516	0.371	0	0	0
Selling & Marketing Expenses Numbers are in millions	0	17.179	0	0.872	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4.068	3.766	0	0	0
SG&A Numbers are in millions	2.305	17.179	15.855	18.417	12.995	11.128	10.454	12.228	7.233	6.979	5.765	12.139	5.185	4.976	5.649	4.559	6.107	6.311	5.496	10.18	4.081	4.199	4.344	9.191	4.125	4.067	4.585	4.137	4.846	5.152	4.559
Other Expenses Numbers are in millions	27.295	28.703	-2.635	-3.638	22.627	17.759	16.086	61.188	12.063	9.843	24.291	17.102	6.752	6.468	7.053	-11	7.86	5.729	7.279	22.498	14.723	12.579	11.086	4.677	8.598	7.966	0	0	0	0	0
Operating Expenses Numbers are in millions	29.6	22.297	2.635	3.638	23.481	18.815	17.041	45.39	12.727	13.57	30.056	29.241	7.488	7.263	7.586	0.046	8.911	12.04	8.463	35.122	18.804	16.778	15.43	13.868	12.723	12.033	7.06	6.641	4.846	5.152	4.559
Operating Income Numbers are in millions	20.732	86.789	87.748	81.955	17.36	14.037	56.786	27.448	52.314	14.79	44.607	39.505	0.339	2.432	2.801	6.32	-11.865	-10.908	1.62	2.649	31.345	28.656	29.016	24.557	24.602	23.972	5.495	5.718	19.746	17.942	16.351
Operating Income Ratio Numbers are in millions	0.453	0.81	0.89	0.875	0.436	0.4	1.716	0.966	2.176	0.568	3.066	1.849	0.017	0.118	0.208	0.302	-0.728	-0.803	0.109	0.163	2.499	2.413	2.136	2.297	2.071	2.008	0.438	0.463	0.762	0.739	0.744
Total Other Income Expenses Net Numbers are in millions	0.512	-2.688	4.01	-59.575	-0.121	2.787	2.199	133.986	11.54	11.751	-1.627	-4.969	-5.344	-4.838	-4.473	-23.343	-3.307	13.533	2.107	5.493	-4.873	-4.146	-3.774	-3.408	-2.729	-2.577	-2.475	-2.504	-16.05	-15.219	-14.5
Income Before Tax Numbers are in millions	21.244	19.873	23.236	22.307	17.239	16.824	14.757	11.692	14.049	14.79	4.021	11.377	10.927	12.885	4.604	11.753	5.025	2.625	3.727	8.142	5.676	4.979	6.601	3.414	4.846	5.973	5.495	5.718	3.696	2.723	1.851
Income Before Tax Ratio Numbers are in millions	0.464	0.186	0.236	0.238	0.433	0.48	0.446	0.411	0.584	0.568	0.276	0.532	0.535	0.625	0.342	0.562	0.308	0.193	0.251	0.501	0.453	0.419	0.486	0.319	0.408	0.5	0.438	0.463	0.143	0.112	0.084
Income Tax Expense Numbers are in millions	5.627	5.162	5.903	5.141	5.07	4.602	4.021	3.465	3.759	4.019	0.79	3.024	2.905	3.432	1.208	2.177	1.544	0.484	1.148	2.96	1.796	1.444	1.906	1.459	1.528	1.653	2.857	0	0	0	0
Net Income Numbers are in millions	15.803	14.778	17.251	17.355	12.086	12.183	10.649	8.462	9.983	10.645	3.121	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	3.696	2.723	1.851
Net Income Ratio Numbers are in millions	0.345	0.138	0.175	0.185	0.303	0.347	0.322	0.298	0.415	0.409	0.214	0.391	0.392	0.459	0.252	0.458	0.214	0.158	0.174	0.319	0.309	0.298	0.346	0.183	0.279	0.362	0.21	0.463	0.143	0.112	0.084
EPS Numbers are in millions	0.48	0.45	0.52	0.53	0.37	0.37	0.33	0.26	0.3	0.33	0.093	0.26	0.25	0.29	0.11	0.48	0.17	-2.33	0.13	0.26	0.2	0.3	0.4	0.17	0.28	0.37	0.225	0.05	0.18	0.14	0.092
EPS Diluted Numbers are in millions	0.43	0.41	0.48	0.49	0.34	0.35	0.31	0.24	0.29	0.31	0.091	0.24	0.23	0.28	0.1	0.29	0.11	-2.33	0.13	0.26	0.2	0.3	0.4	0.17	0.28	0.37	0.225	0.05	0.18	0.14	0.092
EBITDA Numbers are in millions	0	22.561	87.272	81.882	0	0	12.558	57.847	2.509	0	5.648	40.148	0	0	0	0	0	0	0	0	32.366	0	29.318	24.843	24.998	18.456	16.777	16.126	19.746	17.942	16.351
EBITDA Ratio Numbers are in millions	0	0.816	0.895	0.883	0.436	0.4	0.38	0.984	2.198	-0.011	3.102	1.879	1.778	1.856	2.486	1.706	1.835	-1.461	2.261	2.189	2.542	2.465	2.181	2.332	2.102	2.008	0	0	0.762	0.739	0.744

Velocity Financial, Inc.

NYSE:VEL Add to watchlist

NYSE:VEL