Velocity Financial, Inc. (VEL)

Velocity Financial Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	90.84	68.42	52.27	32.21	29.22	17.78
Depreciation & Amortization	1.57	2	2.3	2.12	2.41	2.45
Other Amortization	10.44	12.24	18.62	28.29	20.22	16.16
Gain on Sale of Loans & Receivables	2.54	3.18	3.99	3.31	-0.27	-2.65
Asset Writedown & Restructuring Costs	12.75	6.12	3.9	0.36	1.76	1.73
Provision for Credit Losses	-75.51	-54.13	-45.21	-7.29	-0.4	5.5
Stock-Based Compensation	7.8	6.16	4.13	3.34	2.16	0.97
Net Decrease (Increase) in Loans Originated / Sold - Operating	18.42	0.4	-12.22	0.9	1.17	2.98
Change in Accounts Payable	29.05	26.28	19.66	-2.56	16.45	11.06
Change in Other Net Operating Assets	-0.9	-0.28	8.36	-8.04	-0.36	4.14
Other Operating Activities	-19.58	-21.98	2.83	6.39	-11.07	1
Operating Cash Flow	55.92	37.76	48.84	48.67	57.62	54.89
Operating Cash Flow Growth	82.51%	-22.69%	0.33%	-15.53%	4.97%	-
Capital Expenditures	-0.32	-0.29	-0.18	-0.33	-0.14	-0.73
Sale of Property, Plant & Equipment	-	0.64	-	-	-	-
Cash Acquisitions	-	-	-	-	-10.76	-
Sale (Purchase) of Intangibles	0	-4.76	-	-	-	-
Investment in Securities	-	-	-	-	1.18	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-1,674	-1,072	-615.51	-929.07	-665.42	85.69
Other Investing Activities	-0.78	-2.06	9.21	0.91	9.2	-3.84
Investing Cash Flow	-1,628	-1,045	-584.73	-908.24	-656.48	87.74
Long-Term Debt Issued	-	3,611	2,168	3,272	2,369	956.88
Long-Term Debt Repaid	-	-2,599	-1,630	-2,373	-1,715	-1,240
Net Debt Issued (Repaid)	1,573	1,012	537.67	899.46	653.62	-283.12
Issuance of Preferred Stock	-	-	-	-	-	41.04
Issuance of Common Stock	59.14	10.15	2.31	0.61	0.14	100.8
Repurchase of Common Stock	-7.33	-1.55	-0.86	-0.46	-	-
Other Financing Activities	-2.62	-4.29	-3.34	-25.59	-27.58	-8.61
Financing Cash Flow	1,622	1,016	535.77	874.02	626.17	-149.89
Net Cash Flow	50.55	8.9	-0.13	14.45	27.31	-7.26
Free Cash Flow	55.6	37.47	48.66	48.35	57.49	54.17
Free Cash Flow Growth	83.24%	-23.00%	0.64%	-15.90%	6.13%	-
Free Cash Flow Margin	24.24%	21.09%	39.65%	51.25%	67.03%	77.43%
Free Cash Flow Per Share	1.49	1.05	1.41	1.42	1.69	2.70
Cash Interest Paid	318.39	251.26	180.36	118.71	85.02	85.41
Cash Income Tax Paid	45.57	41.55	7.65	23.04	9.65	0.97

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q