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Velocity Financial Inc (VEL)

Velocity Financial Inc (VEL)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2024 09-2024 06-2024 03-2024 12-2023
Cash Flows From Operating Activities
Net Income 68,466 47,661 32,044 17,333 52,293
Depreciation Amortization 14,244 11,166 7,422 3,810 20,921
Income taxes - deferred -11,431 -11,104 648 480 2,694
Other Working Capital -33,070 -22,757 -23,251 -13,183 -15,487
Other Operating Activity -454 -20,484 5,190 2,141 -11,586
Operating Cash Flow $37,755 $4,482 $22,053 $10,581 $48,835
Cash Flows From Investing Activities
Change In Deposits -1,061,080 -699,415 -420,344 -216,641 -612,468
PPE Investments 33,330 20,248 16,471 6,340 21,567
Purchase Sale Intangibles -4,759 -4,760 -3,580 N/A N/A
Other Investing Activity -17,332 -9,846 -5,408 -2,143 6,169
Investing Cash Flow $-1,045,082 $-689,013 $-409,281 $-212,444 $-584,732
Cash Flows From Financing Activities
Debt Issued 3,536,994 2,444,993 1,526,166 632,690 2,168,071
Debt Repayment -2,525,065 -1,752,114 -1,118,572 -430,254 -1,630,405
Common Stock Issued 10,145 1,845 1,656 155 2,305
Common Stock Repurchased -1,550 -1,550 -1,550 -1,284 -861
Other Financing Activity -4,294 -3,309 -2,740 -2,326 -3,342
Financing Cash Flow $1,016,230 $689,865 $404,960 $198,981 $535,768
Beginning Cash Position 61,927 61,927 61,927 61,927 62,056
End Cash Position 70,830 67,261 79,659 59,045 61,927
Net Cash Flow $8,903 $5,334 $17,732 $-2,882 $-129
Free Cash Flow
Operating Cash Flow 37,755 4,482 22,053 10,581 48,835
Capital Expenditure -289 -190 -125 -41 -180
Free Cash Flow 37,466 4,292 21,928 10,540 48,655
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