Velocity Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	192.19	185.78	135.8	107.75	83.15	75.97
Net Interest Income Growth	33.62%	36.80%	26.04%	29.59%	9.44%	12.64%
Non-Interest Income	131.62	163.62	101.4	65.91	24.32	9.8
Non-Interest Income Growth	46.31%	61.36%	53.84%	171.01%	148.21%	55.03%
Revenues Before Loan Losses	323.81	349.4	237.2	173.66	107.47	85.77
Provision for Credit Losses	5.59	5.81	1.17	1.92	1.15	-0.29
Revenue	318.22	343.6	236.03	171.75	106.32	86.06
Revenue Growth (YoY)	37.31%	45.57%	37.43%	61.54%	23.53%	25.27%
Compensation Expenses	92.05	90.22	69.59	48.34	30.46	19.19
Selling, General & Admin	22.43	18.07	19.16	15.05	15.09	13.47
Other Non-Interest Expenses	95.02	89.07	50.89	37.23	16.21	13.61
Total Non-Interest Expense	209.5	197.36	139.64	100.62	61.76	46.27
Pretax Income	150.22	146.24	96.39	71.13	44.55	39.79
Provision for Income Taxes	41.59	41.26	27.93	18.83	12.03	10.57
Net Income	108.63	104.98	68.47	52.29	32.52	29.22
Minority Interest in Earnings	0.1	-0.07	0.05	0.02	0.31	-
Net Income Attributable to Preferred Dividends	1.43	1.35	0.83	0.75	0.49	8.59
Net Income to Common	107.1	103.71	67.59	51.52	31.72	20.64
Net Income Growth	54.78%	53.45%	31.18%	62.42%	53.72%	-
Shares Outstanding (Basic)	38	37	33	32	32	23
Shares Outstanding (Diluted)	39	38	36	34	34	34
Shares Change (YoY)	7.34%	6.76%	3.70%	1.03%	0.44%	69.17%
EPS (Basic)	2.81	2.81	2.07	1.60	0.99	0.90
EPS (Diluted)	2.80	2.75	1.91	1.52	0.94	0.86
EPS Growth	44.33%	43.98%	25.66%	61.70%	9.30%	-
Free Cash Flow	26.47	17.88	37.47	48.66	48.35	57.49
Free Cash Flow Growth	48.03%	-52.28%	-23.00%	0.64%	-15.90%	6.13%
Free Cash Flow Per Share	0.68	0.47	1.05	1.41	1.42	1.69
Profit Margin	34.14%	30.55%	29.01%	30.45%	30.59%	33.96%
FCF Margin	8.32%	5.20%	15.87%	28.33%	45.48%	66.80%
Effective Tax Rate	27.68%	28.21%	28.97%	26.48%	27.01%	26.56%

SEC Filings: 10-K · 10-Q