Name: VEL Income Statement - Velocity Financial Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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VEL - Velocity Financial, Inc.

USD | NYSE | Financial Services

VEL Income Statement - Velocity Financial Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19
Revenues
Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Revenues
Revenues	-	-	-	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-
Operating Income
Operating Income	-	-	-	-	-	-	-	-	-
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-
Interest Expense	393.0	365.0	271.0	203.0	157.2
Tax & Net
Income Tax Expense	41.6	41.3	27.9	18.8	12.0	10.6	5.4	8.1	11.6
Net Income From Continuing Ops	108.6	105.0	68.5	52.3
Per Share
EPS Basic	2.81	2.81	2.07	1.60	0.99	0.90	(1.55)	-	-
EPS Diluted	2.77	2.75	1.91	1.52	0.94
Supplementary Data
EBITDA	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.1	-	-	-	0.1	-	-	-	0.2	-	-	-	0.2	-	-	-
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	43.0	53.2	37.1	39.8	33.4	32.3	20.7	22.6	25.8	21.7	17.4	14.0	12.8	12.1	3.0	3.6	5.6
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	109.2	100.8	95.0	88.0	81.2	74.6	70.0	65.3	61.1	55.5	51.7	49.6	46.2	45.0	38.6	32.9	40.7	28.1
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-Tax Income	30.9	50.0	35.4	33.9	26.9	32.0	21.2	19.9	23.2	22.3	17.2	16.8	14.8	11.7	14.0	14.8	4.0

Tax & Net
Income Tax Expense	8.6	15.3	10.0	7.8	8.2	11.2	5.6	5.2	5.9	5.1	5.1	4.6	4.0	3.5	3.8	4.0	0.8	3.0	2.9	3.4	1.2	2.2	1.5	0.5	1.1	3.0	1.8	1.4	1.9
Net Income From Continuing Ops	22.3	34.8	25.4	26.2	18.6	20.8	15.6	14.7	17.3	17.2	12.2	12.2	10.7	8.2	10.3	10.8	3.2
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	22.3	34.8	25.4	26.2	18.6	20.8	15.6	14.7	17.3	17.2	12.2	12.2	10.7	8.2	10.3	10.8	3.2
Net Income Attributable To Parent	22.4	34.8	25.4	26.0	18.9	20.6	15.8	14.8	17.3	17.4	12.1	12.2	10.6	8.5	10.0	10.6
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	22.4	34.8	25.4	26.0	18.9	20.6	15.8	14.8	17.3	17.4	12.1	12.2	10.6	8.5	10.0

Per Share
EPS Basic	0.57	-	0.66	0.69	0.55	-	0.48	0.45	0.52	-	0.37	0.37	0.33	-	0.31	0.33	0.10	-	0.25	0.29	0.11	-	0.17	(2.33)	0.13	-	-	-	-
EPS Diluted	0.57	-	0.65	0.69	0.51	-	0.44	0.42	0.49	-	0.35	0.36	0.31	-	0.29	0.31	0.09	-
Shares Basic	38.6	-	38.1	37.2	33.7	-	32.7	32.6	32.5	-	32.3	32.1	32.1	-	31.9	31.9	31.9	-
Shares Diluted	39.2	-	38.8	37.8	36.8	-	35.9	35.6	35.4	-	34.7	34.1	34.1	-	34.2	34.1	34.2	-