Velocity Financial, Inc. (VEL)

Velocity Financial Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	79.56	49.9	40.57	45.25	35.97	13.27
Loans & Lease Receivables	6,157	5,273	4,192	3,589	2,584	1,950
Other Receivables	44.11	36.8	35.98	30.02	15.62	87.24
Property, Plant & Equipment	1.54	1.94	2.95	3.21	3.64	4.33
Goodwill	6.78	6.78	6.78	6.78	6.78	-
Other Intangible Assets	12.94	15.92	10.96	11.81	11.09	4.6
Restricted Cash	17.63	20.93	21.36	16.81	11.64	7.02
Other Current Assets	38.94	39.19	29.14	26.75	21	1.26
Long-Term Deferred Tax Assets	12.49	13.61	2.34	5.03	16.6	6.65
Long-Term Deferred Charges	-	0.84	0.5	0.5	0.5	-
Other Long-Term Assets	105.38	68.18	44.43	13.66	17.86	15.77
Total Assets	6,476	5,527	4,405	3,749	2,812	2,103
Accounts Payable	164.79	144.97	119.2	88.7	88.05	58.26
Short-Term Debt	0.56	-	3.67	-	-	-
Current Portion of Long-Term Debt	331.06	348.08	334.76	330.81	301.07	75.92
Current Portion of Leases	-	0.73	-	-	-	-
Long-Term Debt	5,378	4,511	3,507	2,946	2,075	1,654
Long-Term Leases	-	1.97	2.7	2.7	4	5.1
Other Current Liabilities	0.14	0.14	0.07	0.12	0.14	-
Total Liabilities	5,875	5,007	3,968	3,368	2,468	1,793
Common Stock	0.39	0.34	0.33	0.33	0.32	0.2
Additional Paid-In Capital	368.53	322.95	306.74	300.31	296.36	204.19
Retained Earnings	242.21	197.33	128.91	76.63	44.42	15.2
Comprehensive Income & Other	-3.21	-0.81	-1.21	-	-	-
Total Common Equity	597.9	516.94	433.44	376.81	341.11	219.59
Minority Interest	3.16	3.27	3.43	3.69	3.38	-
Shareholders' Equity	601.05	520.22	436.87	380.5	344.49	309.59
Total Liabilities & Equity	6,476	5,527	4,405	3,749	2,812	2,103
Total Debt	5,710	4,862	3,848	3,280	2,380	1,735
Net Cash (Debt)	-5,630	-4,812	-3,808	-3,234	-2,344	-1,722
Net Cash Per Share	-153.60	-134.57	-110.42	-94.76	-68.97	-85.71
Filing Date Shares Outstanding	38.44	34.02	32.97	32.62	32.49	20.57
Total Common Shares Outstanding	38.29	33.55	32.87	32.49	32.29	20.09
Working Capital	5,840	4,926	3,879	3,288	2,367	1,937
Book Value Per Share	15.62	15.41	13.19	11.60	10.56	10.93
Tangible Book Value	591.12	507.96	424.29	367.47	330.4	214.99
Tangible Book Value Per Share	15.44	15.14	12.91	11.31	10.23	10.70

Updated May 1, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q