Velocity Financial, Inc.
VEL · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $50,111 | $40,756 | $45,424 | $36,131 |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Receivables | $160,088 | $120,868 | $95,483 | $89,301 |
| Inventory | $0 | $0 | $0 | $0 |
| Other Curr. Assets | $2,145 | $2,026 | $1,843 | $0 |
| Total Curr. Assets | $212,344 | $163,650 | $142,750 | $125,432 |
| Property Plant & Equip (Net) | $4,151 | $5,329 | $5,780 | $7,574 |
| Goodwill | $6,775 | $6,775 | $6,775 | $6,775 |
| Intangibles | $13,712 | $8,578 | $9,238 | $7,152 |
| Long-Term Investments | $5,186,866 | $4,151,613 | $3,548,427 | $2,617,310 |
| Tax Assets | $13,612 | $2,339 | $5,033 | $0 |
| Other NC Assets | $89,948 | $66,289 | $30,972 | -$2,617,310 |
| Total NC Assets | $5,315,064 | $4,240,923 | $3,606,225 | $21,501 |
| Other Assets | $0 | $0 | $0 | $2,665,545 |
| Total Assets | $5,527,408 | $4,404,573 | $3,748,975 | $2,812,478 |
| Liabilities | – | – | – | – |
| Payables | $147,814 | $121,969 | $91,525 | $92,195 |
| Short-Term Debt | $348,082 | $334,755 | $330,814 | $301,069 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $208,874 |
| Other Curr. Liab. | $0 | $0 | $0 | -$602,138 |
| Total Curr. Liab. | $495,896 | $456,724 | $422,339 | $0 |
| LT Debt | $4,511,297 | $3,507,311 | $2,946,136 | $2,074,724 |
| Deferred Rev, NC | $0 | $0 | $0 | $0 |
| Deferred Tax Liab, NC | $0 | $0 | $0 | $0 |
| Other NC Liab. | $0 | $3,665 | $0 | $393,264 |
| Total NC Liab. | $4,511,297 | $3,510,976 | $2,946,136 | $2,467,988 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $5,007,193 | $3,967,700 | $3,368,475 | $2,467,988 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $339 | $331 | $326 | $323 |
| Retained Earnings | $197,325 | $128,906 | $76,633 | $44,422 |
| AOCI | -$805 | -$1,210 | $0 | $0 |
| Other Equity | $320,085 | $305,417 | $299,852 | $296,364 |
| Total Equity | $516,944 | $433,444 | $376,811 | $341,109 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $3,271 | $3,429 | $3,689 | $3,381 |
| Total Liab. & Tot. Equity | $5,527,408 | $4,404,573 | $3,748,975 | $2,812,478 |
| Net Debt | $4,809,268 | $3,801,310 | $3,231,526 | $2,339,662 |