Velocity Financial, Inc.

VEL

VELVelocity Financial, Inc. US flag

New York Stock Exchange

17.18

USD

-0.05

- -

674.41MMarket Cap

Income Statement (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	25	34	46	54	66	75	91	156	212	312
+ Sales & Services Revenue	25	34	46	54	66	75	91	156	212	312
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	13	17	21	23	25	24	36	53	75	95
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-13	-17	-21	-23	-25	-24	-36	-53	-75	-95
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-7	-14	-19	-25	-23	-40	-45	-71	-96	-146
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-7	-14	-19	-25	-23	-40	-45	-71	-96	-146
Pretax Income	7	14	19	25	23	40	45	71	96	146
- Income Tax Expense (Benefit)	- -	- -	12	8	5	11	12	19	28	41
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	7	14	8	17	18	29	33	52	68	105
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
Income (Loss) Incl. MI	7	14	8	17	18	29	32	52	68	105
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	7	14	8	17	18	29	32	52	68	105
- Preferred Dividends	- -	- -	- -	- -	49	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	7	14	8	17	-31	29	32	52	68	105
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	2	2	2	2	2	2	2
EBITDA Margin (%)	2.09	3.54	3.14	4.55	3.71	3.2	2.32	1.48	0.94	0.65
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	27.58	41.59	16.73	31.87	26.95	38.8	35.32	33.61	32.31	33.72
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	1	1	1	2	2	2	2	2	2	2
Basic Weighted Avg Shares	12	12	12	19	20	23	32	32	33	37
Basic EPS, GAAP	0.58	1.19	0.65	0.91	-1.55	1.28	1.01	1.62	2.1	2.85
Basic EPS from Cont Ops	0.58	1.19	0.65	0.91	0.89	1.28	1.02	1.62	2.1	2.85
Diluted Weighted Avg Shares	12	12	12	19	20	34	34	34	36	38
Diluted EPS, GAAP	0.58	1.19	0.65	0.91	-1.55	0.86	0.94	1.52	1.91	2.75
Diluted EPS from Cont Ops	0.58	1.19	0.65	0.91	0.89	0.86	0.95	1.52	1.91	2.75

Balance Sheet (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	- -	16	16	23	14	36	45	41	50	92
+ Cash & Cash Equivalents	- -	16	16	23	14	36	45	41	50	92
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	34	53	68	87	89	95	121	160	204
+ Accounts Receivable, Net	- -	8	10	13	11	13	20	27	35	50
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	27	43	54	75	76	75	94	125	154
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	-50	-69	-90	-100	-125	-141	-162	-210	-296
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	6	6	11	9	8	6	5	4	4
+ Property, Plant & Equip	- -	8	10	16	15	15	13	13	12	12
- Accumulated Depreciation	- -	3	4	5	6	7	7	8	8	8
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	-6	-6	-11	-9	-8	-6	-5	-4	-4
+ Total Intangible Assets	- -	- -	- -	- -	- -	14	16	15	20	20
+ Goodwill	- -	- -	- -	- -	- -	7	7	7	7	7
+ Other Intangible Assets	- -	- -	- -	- -	- -	7	9	9	14	13
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	-6	-6	-11	-9	-22	-22	-21	-25	-24
Total Assets	- -	1,372	1,735	2,215	2,103	2,812	3,749	4,405	5,527	7,382
+ Payables & Accruals	- -	22	27	56	63	92	92	122	148	168
+ Accounts Payable	- -	22	27	56	63	92	92	122	148	168
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	85	216	422	76	301	331	335	348	309
+ ST Borrowings	- -	85	216	422	76	301	331	335	348	309
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	-107	-243	-478	-139	-393	-422	-457	-496	-477
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	-107	-243	-478	-139	-393	-422	-457	-496	-477
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	- -	1,109	1,329	1,584	1,654	2,075	2,946	3,507	4,511	6,229
+ LT Borrowings	- -	1,109	1,329	1,584	1,654	2,075	2,946	3,507	4,511	6,229
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	- -	-1,109	-1,329	-1,584	-1,654	-2,075	-2,946	-3,507	-4,511	-6,229
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	-1,109	-1,329	-1,584	-1,654	-2,075	-2,946	-3,507	-4,511	-6,229
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	- -	1,241	1,598	2,062	1,883	2,468	3,368	3,968	5,007	6,706
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	- -	- -	204	297	301	307	323	383
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -	- -	204	296	300	307	323	383
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	1	3	10
+ Retained Earnings	- -	- -	- -	- -	15	44	77	129	197	302
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	-1	-1	-3
Equity Before Minority Interest	- -	131	137	153	220	341	377	433	517	673
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	3	4	3	3	3
Total Equity	- -	131	137	153	220	344	380	437	520	676
Total Liabilities & Equity	- -	1,372	1,735	2,215	2,103	2,812	3,749	4,405	5,527	7,382
Shares Outstanding	- -	19	19	19	20	32	32	33	34	40
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	- -	1,178	1,529	1,983	1,716	2,340	3,232	3,801	4,809	6,445
Net Debt to Equity	- -	899.83	1,117.85	1,297.55	781.46	679.17	849.28	870.12	924.52	953.9
Tangible Common Equity Ratio	- -	9.55	7.88	6.9	10.44	11.81	9.76	9.6	9.07	8.91
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	7	14	8	17	18	29	33	52	68	105
+ Depreciation & Amortization	1	1	1	2	2	2	2	2	2	2
+ Non-Cash Items	21	18	-63	-126	25	13	32	-25	-52	-88
+ Stock-Based Compensation	- -	- -	- -	- -	1	2	3	4	6	8
+ Deferred Income Taxes	- -	- -	-1	-8	2	-10	12	3	-11	-8
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	21	18	-62	-118	22	21	17	-31	-47	-88
+ Chg in Non-Cash Work Cap	1	5	-19	1	10	13	-18	19	20	-1
+ (Inc) Dec in Accts Receiv	-2	-4	-16	-14	-6	-3	-7	-9	-6	-17
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	3	9	- -	18	11	16	-3	20	26	20
+ Inc (Dec) in Other	- -	-1	-3	-3	4	- -	-8	8	- -	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	30	38	-72	-105	55	58	49	49	38	18
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	1	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	1	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-3	-1	-1	-1	- -	- -	- -	-5	- -
+ Acq of Fixed Prod Assets	-3	-3	-1	-1	-1	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	-5	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	101	- -	- -	1	9	34
+ Increase in Capital Stock	- -	- -	- -	- -	101	- -	1	2	10	41
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	-1	-2	-7
+ Net Change in LT Investment	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	-11	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	-11	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-178	-272	-269	-305	88	-647	-908	-585	-1,041	-1,522
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-181	-275	-270	-306	88	-656	-908	-585	-1,045	-1,522
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-69	190	482	673	-630	654	899	538	1,012	1,640
+ Cash From Debt	1,212	1,296	1,853	2,684	1,377	2,369	3,272	2,168	3,611	5,285
+ Repayments of Debt	-1,281	-1,106	-1,370	-2,011	-2,007	-1,715	-2,373	-1,630	-2,599	-3,645
+ Other Financing Activities	260	11	-138	-251	379	-28	-26	-3	-4	9
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	191	201	344	422	-150	626	874	536	1,016	1,682
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	39	-36	1	11	-7	27	14	- -	9	178
EBITDA	1	1	1	2	2	2	2	2	2	2
EBITDA Margin (%)	2.09	3.54	3.14	4.55	3.71	3.2	2.32	1.48	0.94	0.65
Free Cash Flow	27	35	-74	-106	54	57	48	49	33	18
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	11	- -	- -	- -	- -
Free Cash Flow to Firm	27	35	-74	-106	54	57	48	49	33	18
Free Cash Flow to Equity	- -	225	408	567	-624	711	948	586	1,050	1,657
Free Cash Flow per Basic Share	2.29	2.94	-6.28	-5.59	2.7	2.52	1.51	1.51	1	0.49
Price/Free Cash Flow	- -	- -	- -	- -	2.25	8.06	6.72	12.11	16.34	42.98
Cash Flow to Net Income	4.38	2.69	-9.5	-6.09	3.09	1.97	1.51	0.93	0.55	0.17
Capital Expenditures	-3	-3	-1	-1	-1	- -	- -	- -	-5	- -