Velocity Financial, Inc. (VEL)
NYSE: VEL · IEX Real-Time Price · USD
17.88
+0.10 (0.56%)
May 17, 2024, 4:01 PM EDT - Market closed
Velocity Financial Revenue
Velocity Financial had revenue of $189.43M in the twelve months ending March 31, 2024, with 50.38% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $54.25M with 48.38% year-over-year growth. In the year 2023, Velocity Financial had annual revenue of $171.75M with 61.54% growth.
Revenue (ttm)
$189.43M
Revenue Growth
+50.38%
P/S Ratio
3.17
Revenue / Employee
$748,751
Employees
253
Market Cap
600.51M USD
Revenue Chart
Revenue History
Fiscal Year End | Revenue | Change | Growth |
---|---|---|---|
Dec 31, 2023 | 171.75M | 65.43M | 61.54% |
Dec 31, 2022 | 106.32M | 20.25M | 23.53% |
Dec 31, 2021 | 86.06M | 17.36M | 25.28% |
Dec 31, 2020 | 68.70M | 8.18M | 13.51% |
Dec 31, 2019 | 60.52M | 9.11M | 17.72% |
Dec 31, 2018 | 51.41M | 13.28M | 34.84% |
Dec 31, 2017 | 38.13M | 11.28M | 42.00% |
Dec 31, 2016 | 26.85M | - | - |
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
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VEL News
- 16 days ago - Velocity Financial, Inc. Reports First Quarter 2024 Results - Business Wire
- 4 weeks ago - Velocity Financial, Inc. Announces Date of First Quarter 2024 Financial Results Webcast and Conference Call - Business Wire
- 2 months ago - Velocity Financial, Inc. Corrects Typographical Error in Fourth Quarter and Full-Year 2023 Results - Business Wire
- 2 months ago - Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2023 Results - Business Wire
- 3 months ago - Velocity Financial, Inc. Announces Issuance of $75 Million of Senior Secured Notes - Business Wire
- 3 months ago - Velocity Financial, Inc. Announces Date of Fourth Quarter and Full-Year 2023 Financial Results Webcast and Conference Call - Business Wire
- 7 months ago - Velocity Financial, Inc. Reports Third Quarter 2023 Results - Business Wire
- 7 months ago - Velocity Financial, Inc. Announces Date of Third Quarter 2023 Financial Results Webcast and Conference Call - Business Wire