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

(Stock Exchange: NYSE)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
Revenue	131.72M	93.08M	75.88M	65.97M	54.26M	45.60M	33.64M	24.65M	56.50M
Cost of Revenue	N/A	12.73M	13.41M	12.80M	9.86M	7.44M	6.10M	4.17M	3.14M
Gross Profit	131.72M	80.34M	62.47M	53.17M	44.40M	38.16M	27.54M	20.48M	53.36M
Operating Expenses	54.87M	59.67M	-36.09M	-42.84M	-28.86M	49.57M	41.64M	32.98M	10.24M
Selling, General & Admin	52.99M	32.21M	27.95M	22.47M	22.80M	21.45M	16.73M	12.99M	N/A
Research & Development	N/A	0	0	0	0	0	0	0	N/A
Other Operating Expenses	N/A	55.49M	-64.03M	-65.31M	-51.67M	28.11M	24.91M	19.99M	-10.24M
Operating Income	76.85M	171.97M	39.79M	23.13M	25.40M	95.17M	75.28M	57.62M	43.12M
Other Expenses / Income	-5.72M	-13.39M	-21.23M	-20.11M	-17.79M	-11.09M	-8.43M	-6.17M	-35.59M
Before Tax Income	71.13M	44.55M	39.79M	23.13M	25.40M	19.25M	13.99M	6.80M	7.15M
Income Tax Expenses	18.83M	12.03M	10.57M	5.35M	8.11M	8.70M	76.31M	59.53M	N/A
Net Income	52.27M	32.21M	29.22M	17.78M	17.29M	10.55M	13.99M	6.80M	7.15M
Interest Expenses	203.02M	157.19M	106.00M	99.88M	98.52M	75.92M	61.29M	50.83M	34.88M
Basic Shares Outstanding	32.21M	31.91M	22.81M	20.09M	20.09M	11.75M	11.75M	11.75M	20.09M
Diluted Shares Outstanding	34.48M	34.13M	33.98M	20.09M	20.09M	11.75M	11.75M	11.75M	20.09M
EBITDA	N/A	22.23M	N/A	N/A	N/A	N/A	77.08M	58.59M	42.74M
EBITDA Margin	0.00%	23.88%	0.00%	0.00%	0.00%	0.00%	229.12%	237.71%	75.65%
EBIT	274.13M	201.44M	145.79M	123.00M	123.92M	95.17M	151.59M	117.15M	42.03M
EBIT Margin	208.12%	216.43%	192.13%	186.47%	228.37%	208.70%	450.63%	475.33%	74.39%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31