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Velocity Financial (VEL)
NYSE:VEL
US Market

Velocity Financial (VEL) Income Statement

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Velocity Financial Income Statement

Last quarter (Q3 2024), Velocity Financial's total revenue was $45.80M, an increase of 14.99% from the same quarter last year. In Q3, Velocity Financial's net income was $15.80M. See Velocity Financial’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 131.72M$ 93.08M$ 75.88M$ 65.97M$ 54.26M
Gross Profit
$ 131.72M$ 80.34M$ 62.47M$ 53.17M$ 44.40M
Operating Expenses
$ 54.87M$ 59.67M$ -36.09M$ -42.84M$ -28.86M
Depreciation and Amortization
$ 2.30M$ 53.88M$ 45.20M$ 49.38M$ 132.14M
EBITDA
$ 0.00$ 22.23M$ 0.00$ 0.00$ 0.00
Operating Income
$ 76.85M$ 171.97M$ 39.79M$ 23.13M$ 25.40M
Other Income/Expenses
$ -5.72M$ -13.39M$ -21.23M$ -20.11M$ -17.79M
Pretax Income
$ 71.13M$ 44.55M$ 39.79M$ 23.13M$ 25.40M
Net Income
$ 52.27M$ 32.21M$ 29.22M$ 17.78M$ 17.29M
Per Share Metrics
$ ―$ ―$ ―$ ―$ ―
Basic EPS
$ 1.60$ 0.99$ 1.28$ 0.88$ 0.86
Diluted EPS
$ 1.49$ 0.93$ 0.86$ 0.88$ 0.86
Weighted Average Shares Outstanding
32.21M 31.91M 22.81M 20.09M 20.09M
Weighted Average Shares Outstanding (Diluted)
34.48M 34.13M 33.98M 20.09M 20.09M
Currency in USD

Velocity Financial Earnings and Revenue History

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