Velocity Financial Inc (VEL)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2024 | 12-2023 | 12-2022 | 12-2021 | 12-2020 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 68,466 | 52,293 | 32,519 | 29,224 | 17,777 |
| Depreciation Amortization | 14,244 | 20,921 | 30,410 | 22,635 | 18,602 |
| Income taxes - deferred | -11,431 | 2,694 | 11,571 | -9,950 | 1,667 |
| Other Working Capital | -33,070 | -15,487 | -28,010 | 14,518 | 10,556 |
| Other Operating Activity | -454 | -11,586 | 2,184 | 1,195 | 6,290 |
| Operating Cash Flow | $37,755 | $48,835 | $48,674 | $57,622 | $54,892 |
| Cash Flows From Investing Activities | |||||
| Change In Deposits | -1,061,080 | -612,468 | -925,905 | -659,989 | 94,394 |
| PPE Investments | 33,330 | 21,567 | 22,171 | 9,308 | 5,897 |
| Net Acquisitions | N/A | N/A | N/A | -10,755 | N/A |
| Sale Of Investment | N/A | N/A | N/A | 1,180 | N/A |
| Purchase Sale Intangibles | -4,759 | N/A | N/A | N/A | N/A |
| Other Investing Activity | -17,332 | 6,169 | -4,504 | 3,773 | -12,552 |
| Investing Cash Flow | $-1,045,082 | $-584,732 | $-908,238 | $-656,483 | $87,739 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 3,611,305 | 2,168,071 | 3,271,990 | 2,368,649 | 956,883 |
| Debt Repayment | -2,599,376 | -1,630,405 | -2,372,529 | -1,715,030 | -1,240,003 |
| Common Stock Issued | 10,145 | 2,305 | 607 | 137 | 102,958 |
| Common Stock Repurchased | -1,550 | -861 | -458 | N/A | N/A |
| Other Financing Activity | -4,294 | -3,342 | -25,594 | -27,584 | 30,272 |
| Financing Cash Flow | $1,016,230 | $535,768 | $874,016 | $626,172 | $-149,890 |
| Beginning Cash Position | 61,927 | 62,056 | 47,604 | 20,293 | 27,552 |
| End Cash Position | 70,830 | 61,927 | 62,056 | 47,604 | 20,293 |
| Net Cash Flow | $8,903 | $-129 | $14,452 | $27,311 | $-7,259 |
| Free Cash Flow | |||||
| Operating Cash Flow | 37,755 | 48,835 | 48,674 | 57,622 | 54,892 |
| Capital Expenditure | -289 | -180 | -326 | -329 | -1,572 |
| Free Cash Flow | 37,466 | 48,655 | 48,348 | 57,293 | 53,320 |