Velocity Financial, Inc.
VEL · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $68,466 | $51,520 | $32,519 | $29,224 |
| Dep. & Amort. | $2,000 | $2,297 | $2,116 | $2,411 |
| Deferred Tax | -$11,431 | $0 | $11,571 | -$9,950 |
| Stock-Based Comp. | $6,155 | $0 | $3,343 | $2,159 |
| Change in WC | $19,622 | $16,660 | -$18,023 | $12,803 |
| Other Non-Cash | -$47,057 | -$9,423 | $17,148 | $20,975 |
| Operating Cash Flow | $37,755 | $61,054 | $48,674 | $57,622 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$289 | -$180 | -$326 | -$135 |
| Net Acquisitions | $0 | $0 | $0 | -$10,755 |
| Inv. Purchases | -$16,670 | -$38,036 | $0 | -$1,694 |
| Inv. Sales/Matur. | $50,204 | $56,772 | $0 | $22,692 |
| Other Inv. Act. | -$1,078,327 | -$615,507 | -$907,912 | -$666,591 |
| Investing Cash Flow | -$1,045,082 | -$596,951 | -$908,238 | -$656,483 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $1,011,929 | $534,604 | $899,461 | $653,619 |
| Stock Issued | $10,145 | $2,305 | $607 | $137 |
| Stock Repurch. | $0 | -$861 | -$458 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | -$5,844 | -$280 | -$25,594 | -$27,584 |
| Financing Cash Flow | $1,016,230 | $535,768 | $874,016 | $626,172 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | $8,903 | -$129 | $14,452 | $27,311 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $61,927 | $62,056 | $47,604 | $20,293 |
| End Cash | $70,830 | $61,927 | $62,056 | $47,604 |
| Free Cash Flow | $37,466 | $60,874 | $48,348 | $57,293 |