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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)
  09-2023 06-2023 03-2023 12-2022 09-2022
Cash Flows From Operating Activities
Net Income 35,126 22,958 10,736 32,519 24,292
Depreciation Amortization 16,726 11,637 5,784 30,410 24,111
Income taxes - deferred 4,328 3,154 2,490 11,571 12,266
Other Working Capital -16,915 -8,771 -14,383 -28,010 -35,843
Other Operating Activity -16,589 3,451 -16,555 2,184 -16,170
Operating Cash Flow $22,676 $32,429 $-11,928 $48,674 $8,656
Cash Flows From Investing Activities
Change In Deposits -383,399 -222,168 -76,619 -925,905 -835,936
PPE Investments 18,906 9,363 2,073 22,171 18,295
Other Investing Activity 3,703 196 2,968 -4,504 -1,424
Investing Cash Flow $-360,790 $-212,609 $-71,578 $-908,238 $-819,065
Cash Flows From Financing Activities
Debt Issued 1,527,592 924,722 444,279 3,271,990 2,741,525
Debt Repayment -1,202,593 -754,210 -365,800 -2,372,529 -1,914,257
Common Stock Issued 1,398 875 N/A 607 N/A
Common Stock Repurchased -837 -837 -836 -458 -458
Other Financing Activity -2,406 -1,653 -160 -25,594 -23,100
Financing Cash Flow $323,154 $168,897 $77,483 $874,016 $803,710
Beginning Cash Position 62,056 62,056 62,056 47,604 47,604
End Cash Position 47,096 50,773 56,033 62,056 40,905
Net Cash Flow $-14,960 $-11,283 $-6,023 $14,452 $-6,699
Free Cash Flow
Operating Cash Flow 22,676 32,429 -11,928 48,674 8,656
Capital Expenditure -72 -48 -48 -326 -273
Free Cash Flow 22,604 32,381 -11,976 48,348 8,383
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