Velocity Financial, Inc.
VEL · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $50 | $41 | $45 | $36 |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Receivables | $160 | $121 | $95 | $89 |
| Inventory | $0 | $0 | $0 | $0 |
| Other Curr. Assets | $2 | $2 | $2 | $0 |
| Total Curr. Assets | $212 | $164 | $143 | $125 |
| Property Plant & Equip (Net) | $4 | $5 | $6 | $8 |
| Goodwill | $7 | $7 | $7 | $7 |
| Intangibles | $14 | $9 | $9 | $7 |
| Long-Term Investments | $5,187 | $4,152 | $3,548 | $2,617 |
| Tax Assets | $14 | $2 | $5 | $0 |
| Other NC Assets | $90 | $66 | $31 | -$2,617 |
| Total NC Assets | $5,315 | $4,241 | $3,606 | $22 |
| Other Assets | $0 | $0 | $0 | $2,666 |
| Total Assets | $5,527 | $4,405 | $3,749 | $2,812 |
| Liabilities | – | – | – | – |
| Payables | $148 | $122 | $92 | $92 |
| Short-Term Debt | $348 | $335 | $331 | $301 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $209 |
| Other Curr. Liab. | $0 | $0 | $0 | -$602 |
| Total Curr. Liab. | $496 | $457 | $422 | $0 |
| LT Debt | $4,511 | $3,507 | $2,946 | $2,075 |
| Deferred Rev, NC | $0 | $0 | $0 | $0 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $0 | $4 | $0 | $393 |
| Total NC Liab. | $4,511 | $3,511 | $2,946 | $2,468 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $5,007 | $3,968 | $3,368 | $2,468 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 |
| Retained Earnings | $197 | $129 | $77 | $44 |
| AOCI | -$1 | -$1 | $0 | $0 |
| Other Equity | $320 | $305 | $300 | $296 |
| Total Equity | $517 | $433 | $377 | $341 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $3 | $3 | $4 | $3 |
| Total Liab. & Tot. Equity | $5,527 | $4,405 | $3,749 | $2,812 |
| Net Debt | $4,809 | $3,801 | $3,232 | $2,340 |