Velocity Financial Statistics
Total Valuation
VEL has a market cap or net worth of $638.68 million.
Important Dates
The next confirmed earnings date is Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
VEL has 33.11 million shares outstanding. The number of shares has increased by 3.17% in one year.
| Shares Outstanding | 33.11M |
| Shares Change (YoY) | +3.17% |
| Shares Change (QoQ) | +0.45% |
| Owned by Insiders (%) | 3.74% |
| Owned by Institutions (%) | 44.39% |
| Float | 3.10M |
Valuation Ratios
The trailing PE ratio is 11.04 and the forward PE ratio is 9.82. VEL's PEG ratio is 0.28.
| PE Ratio | 11.04 |
| Forward PE | 9.82 |
| PS Ratio | 4.13 |
| Forward PS | 2.99 |
| PB Ratio | 1.35 |
| P/FCF Ratio | 16.72 |
| PEG Ratio | 0.28 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 12.75, with a Debt / Equity ratio of 8.97.
| Current Ratio | 12.75 |
| Quick Ratio | 12.58 |
| Debt / Equity | 8.97 |
| Debt / EBITDA | n/a |
| Debt / FCF | 111.53 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 13.95%.
| Return on Equity (ROE) | 13.95% |
| Return on Assets (ROA) | 1.39% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $598,885 |
| Profits Per Employee | $239,802 |
| Employee Count | 253 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, VEL has paid $21.28 million in taxes.
| Income Tax | 21.28M |
| Effective Tax Rate | 25.74% |
Stock Price Statistics
The stock price has increased by +50.00% in the last 52 weeks. The beta is 1.03, so VEL's price volatility has been similar to the market average.
| Beta (5Y) | 1.03 |
| 52-Week Price Change | +50.00% |
| 50-Day Moving Average | 19.36 |
| 200-Day Moving Average | 17.97 |
| Relative Strength Index (RSI) | 48.41 |
| Average Volume (20 Days) | 29,579 |
Short Selling Information
The latest short interest is 886,896, so 2.68% of the outstanding shares have been sold short.
| Short Interest | 886,896 |
| Short Previous Month | 768,452 |
| Short % of Shares Out | 2.68% |
| Short % of Float | 28.63% |
| Short Ratio (days to cover) | 23.00 |
Income Statement
In the last 12 months, VEL had revenue of $151.52 million and earned $60.67 million in profits. Earnings per share was $1.75.
| Revenue | 151.52M |
| Gross Profit | 113.41M |
| Operating Income | 82.66M |
| Pretax Income | 82.75M |
| Net Income | 60.67M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $1.75 |
Full Income StatementBalance Sheet
The company has $47.37 million in cash and $4.26 billion in debt, giving a net cash position of -$4.21 billion or -$127.25 per share.
| Cash & Cash Equivalents | 47.37M |
| Total Debt | 4.26B |
| Net Cash | -4.21B |
| Net Cash Per Share | -$127.25 |
| Equity (Book Value) | 474.75M |
| Book Value Per Share | 14.24 |
| Working Capital | 4.42B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $38.46 million and capital expenditures -$257,000, giving a free cash flow of $38.20 million.
| Operating Cash Flow | 38.46M |
| Capital Expenditures | -257,000 |
| Free Cash Flow | 38.20M |
| FCF Per Share | $1.15 |
Full Cash Flow StatementMargins
Gross margin is 74.85%, with operating and profit margins of 54.55% and 40.57%.
| Gross Margin | 74.85% |
| Operating Margin | 54.55% |
| Pretax Margin | 54.55% |
| Profit Margin | 40.57% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | 18.93% |