Velocity Financial, Inc. (VEL)
NYSE: VEL · IEX Real-Time Price · USD
17.01
+0.14 (0.83%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Velocity Financial Revenue
In the year 2023, Velocity Financial had annual revenue of $171.75M with 61.54% growth. Revenue in the quarter ending December 31, 2023 was $51.57M with 58.69% year-over-year growth.
Revenue (ttm)
$171.75M
Revenue Growth
+61.54%
P/S Ratio
3.26
Revenue / Employee
$678,838
Employees
253
Market Cap
560.74M USD
Revenue Chart
Revenue History
Fiscal Year End | Revenue | Change | Growth |
---|---|---|---|
Dec 31, 2023 | 171.75M | 65.43M | 61.54% |
Dec 31, 2022 | 106.32M | 20.25M | 23.53% |
Dec 31, 2021 | 86.06M | 17.36M | 25.28% |
Dec 31, 2020 | 68.70M | 8.18M | 13.51% |
Dec 31, 2019 | 60.52M | 9.11M | 17.72% |
Dec 31, 2018 | 51.41M | 13.28M | 34.84% |
Dec 31, 2017 | 38.13M | 11.28M | 42.00% |
Dec 31, 2016 | 26.85M | - | - |
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.
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VEL News
- 11 days ago - Velocity Financial, Inc. Announces Date of First Quarter 2024 Financial Results Webcast and Conference Call - Business Wire
- 7 weeks ago - Velocity Financial, Inc. Corrects Typographical Error in Fourth Quarter and Full-Year 2023 Results - Business Wire
- 7 weeks ago - Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2023 Results - Business Wire
- 2 months ago - Velocity Financial, Inc. Announces Issuance of $75 Million of Senior Secured Notes - Business Wire
- 3 months ago - Velocity Financial, Inc. Announces Date of Fourth Quarter and Full-Year 2023 Financial Results Webcast and Conference Call - Business Wire
- 6 months ago - Velocity Financial, Inc. Reports Third Quarter 2023 Results - Business Wire
- 6 months ago - Velocity Financial, Inc. Announces Date of Third Quarter 2023 Financial Results Webcast and Conference Call - Business Wire
- 9 months ago - Velocity Financial, Inc. Reports Second Quarter 2023 Results - Business Wire