Velocity Financial, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $92.1M | $49.9M | $40.6M | $45.2M | $36.0M | $13.3M | $21.5M | $15.0M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $1.4M | $1.7M | $2.8M | $3.4M | $3.8M | $4.1M | $4.7M | — |
| Goodwill | $6.8M | $6.8M | $6.8M | $6.8M | $6.8M | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $7.38B | $5.53B | $4.40B | $3.75B | $2.81B | $2.10B | $2.21B | — |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $6.71B | $5.01B | $3.97B | $3.37B | $2.47B | $1.79B | $2.06B | — |
| Stockholders' Equity | ||||||||
| Retained Earnings | $302.4M | $197.3M | $128.9M | $76.6M | $44.4M | $15.2M | — | — |
| Total Stockholders' Equity | $672.5M | $516.9M | $433.4M | $376.8M | $341.1M | $219.6M | $152.8M | $136.8M |