Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Net income | $7.63M | $17.3M | $17.8M | $29.2M | $32.2M | $52.3M | $68.4M | $105M |
| EPS (diluted) | — | — | -$1.55 | $0.86 | $0.94 | $1.52 | $1.91 | $2.75 |
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$72.5M | -$105M | $54.9M | $57.6M | $48.7M | $48.8M | $37.8M | $18.2M |
| Capital expenditures | $1.30M | $882K | $726K | $135K | $326K | $180K | $289K | $281K |
| Free cash flow | -$73.8M | -$106M | $54.2M | $57.5M | $48.3M | $48.7M | $37.5M | $17.9M |
| Share buybacks | — | — | — | — | $458K | $861K | $1.55M | $7.33M |
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $15.0M | $21.5M | $13.3M | $36.0M | $45.2M | $40.6M | $49.9M | $92.1M |
| Total assets | — | $2.21B | $2.10B | $2.81B | $3.75B | $4.40B | $5.53B | $7.38B |
| Total liabilities | — | $2.06B | $1.79B | $2.47B | $3.37B | $3.97B | $5.01B | $6.71B |
| Shareholders' equity | $137M | $153M | $220M | $341M | $377M | $433M | $517M | $673M |
| Retained earnings | — | — | $15.2M | $44.4M | $76.6M | $129M | $197M | $302M |
| Shares (wtd avg diluted) | — | — | 20.1M | 34.0M | 34.1M | 34.5M | 35.8M | 38.2M |
Every figure is extracted from Velocity Financial, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.