Velocity Historical Income Statement
VEL Stock | USD 18.93 0.12 0.64% |
Historical analysis of Velocity Financial income statement accounts such as Interest Expense of 245.2 M, Selling General Administrative of 5 M, Total Revenue of 159 M or Gross Profit of 159 M can show how well Velocity Financial Llc performed in making a profits. Evaluating Velocity Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Velocity Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Velocity Financial Llc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Velocity Financial Llc is a good buy for the upcoming year.
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About Velocity Income Statement Analysis
Velocity Financial Llc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Velocity Financial shareholders. The income statement also shows Velocity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Velocity Financial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Velocity Financial Llc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Velocity Financial Llc minus its cost of goods sold. It is profit before Velocity Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Velocity Financial Llc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Velocity Financial Llc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Velocity Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Velocity Financial Llc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velocity Financial Llc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Velocity Financial's Income Before Tax is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 38.9 M this year, although the value of Operating Income will most likely fall to about 68.1 M.
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 80.3M | 131.7M | 151.5M | 159.0M | Total Revenue | 93.1M | 131.7M | 151.5M | 159.0M |
Velocity Financial income statement Correlations
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Velocity Financial Account Relationship Matchups
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Velocity Financial income statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Interest Expense | 99.9M | 106.0M | 157.2M | 203.0M | 233.5M | 245.2M | |
Selling General Administrative | 22.5M | 27.9M | 32.2M | 4.6M | 5.3M | 5.0M | |
Total Revenue | 66.0M | 75.9M | 93.1M | 131.7M | 151.5M | 159.0M | |
Gross Profit | 53.2M | 62.5M | 80.3M | 131.7M | 151.5M | 159.0M | |
Operating Income | 23.1M | 39.8M | 172.0M | 76.8M | 88.4M | 68.1M | |
Cost Of Revenue | 12.8M | 13.4M | 12.7M | 32.9M | 37.8M | 39.7M | |
Interest Income | 167.3M | 182.0M | 240.3M | 290.1M | 333.7M | 350.3M | |
Income Before Tax | 23.1M | 39.8M | 44.6M | 71.1M | 81.8M | 85.9M | |
Net Income Applicable To Common Shares | 17.3M | (31.2M) | 20.6M | 32.2M | 37.0M | 38.9M | |
Net Income | 17.8M | 29.2M | 32.2M | 52.3M | 60.1M | 63.1M | |
Tax Provision | 5.4M | 10.6M | 12.0M | 17.2M | 19.7M | 20.7M | |
Net Interest Income | 67.4M | 76.0M | 83.1M | 97.7M | 112.3M | 68.2M | |
Depreciation And Amortization | 49.4M | 45.2M | 53.9M | 2.3M | 2.6M | 2.5M | |
Other Operating Expenses | 42.8M | 36.1M | 59.7M | 54.9M | 63.1M | 47.6M | |
Net Income From Continuing Ops | 17.8M | 50.4M | 32.5M | 43.4M | 49.9M | 26.5M | |
Ebit | (23.8M) | (3.0M) | (31.7M) | 215.3M | 247.6M | 260.0M | |
Ebitda | 25.6M | 42.2M | 22.2M | 279.0M | 320.9M | 336.9M | |
Total Operating Expenses | (42.8M) | (36.1M) | 59.7M | 54.9M | 49.4M | 51.9M | |
Total Other Income Expense Net | (20.1M) | (21.2M) | (13.4M) | (5.7M) | (6.6M) | (6.9M) | |
Reconciled Depreciation | 2.4M | 2.4M | 2.1M | 2.1M | 2.4M | 2.2M | |
Income Tax Expense | 5.4M | 10.6M | 12.0M | 18.8M | 21.7M | 11.7M |
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Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Velocity Financial. If investors know Velocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Velocity Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.265 | Earnings Share 1.85 | Revenue Per Share | Quarterly Revenue Growth 0.291 | Return On Assets |
The market value of Velocity Financial Llc is measured differently than its book value, which is the value of Velocity that is recorded on the company's balance sheet. Investors also form their own opinion of Velocity Financial's value that differs from its market value or its book value, called intrinsic value, which is Velocity Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Velocity Financial's market value can be influenced by many factors that don't directly affect Velocity Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Velocity Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Velocity Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velocity Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.