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	Sep '26 Sep 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	641.46	556.69	413.33	315.97	240.34	181.97
Total Interest Expense	438	365.05	271.04	203.02	157.2	106
Net Interest Income	203.46	191.64	142.29	112.95	83.15	75.97
Gain (Loss) on Sale of Loans & Receivables	42.22	36.25	9.94	8.24	7.11	7.89
Other Revenue	153.89	3.53	26.59	3.45	5.23	1.61
Revenue Before Loan Losses	398.97	231.42	178.82	124.63	95.48	85.48
Provision for Loan Losses	5.13	5.81	1.17	1.92	1.15	-0.29
Revenue	393.84	225.61	177.65	122.72	94.33	85.77
Revenue Growth	71.71%	27.00%	44.76%	30.09%	9.98%	22.60%
Salaries & Employee Benefits	100.83	90.22	69.59	48.34	30.46	19.19
Cost of Services Provided	84.49	73.38	54.41	37.6	22.21	16.01
Other Operating Expenses	54.08	-84.22	-42.74	-34.35	-2.89	10.78
Total Operating Expenses	239.4	79.37	81.26	51.59	49.78	45.97
Operating Income	154.44	146.24	96.39	71.13	44.55	39.79
Pretax Income	154.44	146.24	96.39	71.13	44.55	39.79
Income Tax Expense	44.44	41.26	27.93	18.83	12.03	10.57
Earnings From Continuing Ops.	110.01	104.98	68.47	52.29	32.52	29.22
Minority Interest in Earnings	-1.26	0.07	-0.05	-0.02	-0.31	-
Net Income	108.74	105.05	68.42	52.27	32.21	29.22
Preferred Dividends & Other Adjustments	1.35	1.35	0.84	0.75	0.49	8.59
Net Income to Common	107.39	103.71	67.58	51.52	31.72	20.64
Net Income Growth	18.55%	53.45%	31.18%	62.42%	53.72%	-
Shares Outstanding (Basic)	39	37	33	32	32	23
Shares Outstanding (Diluted)	39	38	36	34	34	34
Shares Change	5.17%	6.76%	3.70%	1.03%	0.44%	69.17%
EPS (Basic)	2.78	2.81	2.07	1.60	0.99	0.90
EPS (Diluted)	2.76	2.75	1.91	1.52	0.94	0.86
EPS Growth	13.65%	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	Sep '26 Sep 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	-1.15	17.88	37.47	48.66	48.35	57.49
Free Cash Flow Per Share	-0.03	0.47	1.05	1.41	1.42	1.69
Operating Margin	39.21%	64.82%	54.26%	57.96%	47.23%	46.40%
Profit Margin	27.27%	45.97%	38.04%	41.98%	33.63%	24.06%
Free Cash Flow Margin	-0.29%	7.92%	21.09%	39.65%	51.25%	67.03%
Effective Tax Rate	28.77%	28.21%	28.97%	26.48%	27.01%	26.56%

SEC Filings: 10-K · 10-Q