Last quarter (Q3 2024), Velocity Financial's total revenue was $32.21M, a decrease of -19.12% 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	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 137.55M	$ 156.03M	$ 95.17M	$ 75.88M	$ 65.97M	$ 54.26M
Cost of Revenue	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Gross Profit	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Income	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Non Operating Interest Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Other Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Pretax Income	$ 86.66M	$ 71.13M	$ 44.55M	$ 39.79M	$ 23.13M	$ 25.40M
Tax Provision	$ 21.83M	$ 18.83M	$ 12.03M	$ 10.57M	$ 5.35M	$ 8.11M
Earnings From Equity Interest Net Of Tax	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income Common Stockholders	$ 64.56M	$ 52.27M	$ 31.72M	$ 20.64M	$ -27.69M	$ 17.29M
Basic EPS	$ 1.98	$ 1.60	$ 0.99	$ 0.90	$ -1.55	$ 0.91
Diluted EPS	$ 1.85	$ 1.52	$ 0.94	$ 0.86	$ -1.55	$ 0.91
Basic Average Shares	$ 130.17M	$ 32.21M	$ 31.91M	$ 22.81M	$ 20.09M	$ 19.00M
Diluted Average Shares	$ 141.95M	$ 34.48M	$ 34.13M	$ 33.98M	$ 20.09M	$ 19.00M
Dividend Per Share	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―	$ ―	$ 1.53M
Total Expenses	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income From Continuing And Discontinued Operation	$ 64.56M	$ 52.27M	$ 32.21M	$ 29.22M	$ 17.78M	$ 17.29M
Normalized Income	$ 74.99M	$ 50.85M	$ ―	$ ―	$ ―	$ 17.29M
Interest Expense	$ 251.96M	$ 203.02M	$ 157.19M	$ 106.00M	$ 99.88M	$ 98.52M
EBIT	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
EBITDA	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―

Currency in USD

Velocity Financial Earnings and Revenue History

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