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	Jun '26 Jun 30, 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
Interest and Dividend Income	616.34	556.69	413.33	315.97	240.34	181.97
Total Interest Expense	417.09	365.05	271.04	203.02	157.2	106
Net Interest Income	199.25	191.64	142.29	112.95	83.15	75.97
Gain (Loss) on Sale of Loans & Receivables	33.98	36.25	9.94	8.24	7.11	7.89
Other Revenue	55.85	3.53	26.59	3.45	5.23	1.61
Revenue Before Loan Losses	289.08	231.42	178.82	124.63	95.48	85.48
Provision for Loan Losses	4.98	5.81	1.17	1.92	1.15	-0.29
Revenue	284.11	225.61	177.65	122.72	94.33	85.77
Revenue Growth	45.26%	27.00%	44.76%	30.09%	9.98%	22.60%
Salaries & Employee Benefits	94.96	90.22	69.59	48.34	30.46	19.19
Cost of Services Provided	80.64	73.38	54.41	37.6	22.21	16.01
Other Operating Expenses	-43.03	-84.22	-42.74	-34.35	-2.89	10.78
Total Operating Expenses	132.57	79.37	81.26	51.59	49.78	45.97
Operating Income	151.54	146.24	96.39	71.13	44.55	39.79
Pretax Income	151.54	146.24	96.39	71.13	44.55	39.79
Income Tax Expense	43.34	41.26	27.93	18.83	12.03	10.57
Earnings From Continuing Ops.	108.2	104.98	68.47	52.29	32.52	29.22
Minority Interest in Earnings	-0.5	0.07	-0.05	-0.02	-0.31	-
Net Income	107.7	105.05	68.42	52.27	32.21	29.22
Preferred Dividends & Other Adjustments	1.52	1.35	0.84	0.75	0.49	8.59
Net Income to Common	106.18	103.71	67.58	51.52	31.72	20.64
Net Income Growth	32.21%	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	6.79%	6.76%	3.70%	1.03%	0.44%	69.17%
EPS (Basic)	2.76	2.81	2.07	1.60	0.99	0.90
EPS (Diluted)	2.75	2.75	1.91	1.52	0.94	0.86
EPS Growth	24.09%	43.82%	26.22%	60.62%	9.74%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	22.53	17.88	37.47	48.66	48.35	57.49
Free Cash Flow Per Share	0.58	0.47	1.05	1.41	1.42	1.69
Operating Margin	53.34%	64.82%	54.26%	57.96%	47.23%	46.40%
Profit Margin	37.37%	45.97%	38.04%	41.98%	33.63%	24.06%
Free Cash Flow Margin	7.93%	7.92%	21.09%	39.65%	51.25%	67.03%
Effective Tax Rate	28.60%	28.21%	28.97%	26.48%	27.01%	26.56%

SEC Filings: 10-K · 10-Q