Velocity Financial, Inc. (VEL)
NYSE: VEL · Real-Time Price · USD
19.29
+0.24 (1.26%)
Nov 4, 2024, 4:00 PM EST - Market closed
Velocity Financial Revenue
Velocity Financial had revenue of $42.17M in the quarter ending June 30, 2024, with 39.77% growth. This brings the company's revenue in the last twelve months to $151.52M, up 38.59% year-over-year. In the year 2023, Velocity Financial had annual revenue of $131.72M with 39.64% growth.
Revenue (ttm)
$151.52M
Revenue Growth
+38.59%
P/S Ratio
4.13
Revenue / Employee
$598,885
Employees
253
Market Cap
638.68M
Revenue Chart
Revenue History
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.
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VEL News
- 13 days ago - Velocity Financial, Inc. Announces Date of Third Quarter 2024 Financial Results Webcast and Conference Call - Business Wire
- 5 weeks ago - Velocity Financial Should Continue To Do Well - Seeking Alpha
- 3 months ago - Velocity Financial, Inc. (VEL) Q2 2024 Earnings Call Transcript - Seeking Alpha
- 3 months ago - Velocity Financial, Inc. Reports Second Quarter 2024 Results - Business Wire
- 3 months ago - Velocity Financial, Inc. Announces Date of Second Quarter 2024 Financial Results Webcast and Conference Call - Business Wire
- 4 months ago - Velocity Financial: A Steady Growth Company With Modest Valuation - Seeking Alpha
- 5 months ago - Velocity Commercial Capital Securitization Ratings Affirmed and Upgraded by Kroll Bond Rating Agency - Business Wire
- 6 months ago - Velocity Financial, Inc. (VEL) Q1 2024 Earnings Call Transcript - Seeking Alpha