Velocity Financial, Inc. (VEL)
NYSE: VEL · IEX Real-Time Price · USD
18.99
+0.19 (1.01%)
At close: Jul 19, 2024, 4:00 PM
18.58
-0.41 (-2.16%)
Pre-market: Jul 22, 2024, 4:05 AM EDT

Velocity Financial Revenue

Velocity Financial had revenue of $189.43M in the twelve months ending March 31, 2024, with 50.38% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $54.25M with 48.38% year-over-year growth. In the year 2023, Velocity Financial had annual revenue of $171.75M with 61.54% growth.

Revenue (ttm)
$189.43M
Revenue Growth
+50.38%
P/S Ratio
3.31
Revenue / Employee
$748,751
Employees
253
Market Cap
626.40M USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 2023171.75M65.43M61.54%
Dec 31, 2022106.32M20.25M23.53%
Dec 31, 202186.06M17.36M25.28%
Dec 31, 202068.70M8.18M13.51%
Dec 31, 201960.52M9.11M17.72%
Dec 31, 201851.41M13.28M34.84%
Dec 31, 201738.13M11.28M42.00%
Dec 31, 201626.85M--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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Revenue Rankings