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VEL | Velocity Financial, Inc. Stock Financials Income Statements Annual

(Stock Exchange: NYSE)
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Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue338.55M93.08M75.88M65.97M54.26M45.60M33.64M24.65M
Cost of Revenue32.85M12.73M13.41M12.80M9.86MN/AN/AN/A
Gross Profit305.70M80.34M62.47M53.17M44.40M45.60MN/AN/A
Operating Expenses28.97M59.67M-36.09M-42.84M-28.86M49.57MN/AN/A
Selling, General & Admin52.99M32.21M27.95M22.47M22.80M21.45M16.73M12.99M
Research & Development00000N/AN/AN/A
Other Operating Expenses-28.97M55.49M-64.03M-65.31M-51.67M28.11MN/AN/A
Operating Income276.73M171.97M39.79M23.13M25.40M95.17MN/AN/A
Other Expenses / Income-205.60M-127.42M31.61M16.81M22.75M-75.92MN/AN/A
Before Tax Income71.13M44.55M39.79M23.13M25.40M19.25M13.99M6.80M
Income Tax Expenses18.83M12.03M10.57M5.35M8.11M8.70MN/AN/A
Net Income52.27M32.21M29.22M17.78M17.29M10.55M13.99M6.80M
Interest Expenses203.02M157.19M106.00M99.88M98.52M75.92M61.29M50.83M
Basic Shares Outstanding32.21M31.91M22.81M20.09M20.09M11.75M11.75M11.75M
Diluted Shares Outstanding34.48M34.13M33.98M20.09M20.09M11.75M11.75M11.75M
EBITDA279.02M174.08M42.20M25.57M27.87M96.60M76.47M58.14M
EBITDA Margin82.42%187.04%55.62%38.77%51.35%211.84%227.33%235.88%
EBIT274.13M201.44M145.79M123.00M123.92M95.17M75.28M57.62M
EBIT Margin80.97%216.43%192.13%186.47%228.37%208.70%223.79%233.80%
Financial Year End2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
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