7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 
      
    		                       
      assets
    		                       
      cash and cash equivalents
    		98,964,000 79,559,000 51,676,000 44,094,000 47,366,000 34,829,000 40,566,000 29,393,000 33,987,000 39,397,000 45,248,000 26,372,000 46,250,000 36,629,000 35,965,000 35,497,000 27,741,000 20,434,000 13,273,000 19,210,000 9,803,000 7,649,000 21,465,000 
      restricted cash
    		18,846,000 17,630,000 22,785,000 23,167,000 32,293,000 24,216,000 21,361,000 17,703,000 16,786,000 16,636,000 16,808,000 14,533,000 9,217,000 10,837,000 11,639,000 9,586,000 7,921,000 6,808,000 7,020,000 7,821,000 6,735,000 4,483,000 6,087,000 
      loans held for sale, at fair value
    		2,590,000  5,008,000 19,231,000   17,590,000 19,536,000  18,081,000  16,569,000            
      loans held for investment, at amortized cost
    		2,127,170,000 2,226,720,000 2,322,009,000 2,526,320,000                    
      loans held for investment, at fair value
    		4,371,317,000 3,826,505,000 3,287,188,000 2,354,718,000 1,971,683,000 1,649,540,000 1,306,072,000 951,990,000 705,330,000 450,732,000 276,095,000 926,000 1,351,000 1,352,000 1,359,000 1,360,000 1,370,000 1,364,000 1,539,000 3,327,000 2,956,000 2,987,000 2,960,000 
      total loans
    		6,501,077,000 6,053,225,000 5,614,205,000 4,900,269,000 4,591,302,000 4,377,058,000 4,151,785,000 3,917,366,000 3,763,270,000 3,638,093,000 3,548,485,000 3,463,058,000 3,120,150,000 2,907,157,000 2,616,831,000 2,297,057,000 2,093,039,000 2,009,869,000 1,962,734,000 2,004,413,000 2,077,119,000 2,148,595,000 2,080,787,000 
      accrued interest receivables
    		46,553,000 42,108,000 38,460,000 32,944,000 31,124,000 29,374,000 27,028,000 24,756,000 22,602,000 20,931,000 20,463,000 18,333,000 15,820,000 14,169,000 13,159,000 11,974,000 11,094,000 11,169,000 11,373,000 13,134,000 17,793,000 14,470,000 13,295,000 
      receivables due from servicers
    		131,761,000 142,231,000 120,016,000 93,681,000 82,359,000 87,523,000 85,077,000 70,139,000 63,896,000 64,133,000 65,644,000 66,992,000 75,688,000 78,278,000 74,330,000 57,058,000 73,517,000 77,731,000 71,044,000 44,466,000 36,028,000 37,884,000 49,659,000 
      other receivables
    		2,755,000 2,006,000 3,599,000 4,265,000 6,566,000 2,113,000 8,763,000 236,000 1,306,000 2,188,000 1,075,000 1,962,000 1,320,000 4,527,000 1,812,000 870,000 10,169,000 3,879,000 4,085,000 402,000 4,609,000 2,516,000 4,778,000 
      real estate owned
    		113,700,000 93,387,000 83,444,000 62,361,000 50,757,000 46,280,000 44,268,000 29,299,000 20,388,000 21,778,000 13,325,000 13,188,000 19,218,000 16,177,000 17,557,000 17,905,000 20,046,000 14,487,000 15,767,000 14,653,000 15,648,000 16,164,000 13,068,000 
      property and equipment
    		1,481,000 1,539,000 1,592,000 1,693,000 1,912,000 2,013,000 2,785,000 2,861,000 3,023,000 3,209,000 3,356,000 3,495,000 3,632,000 3,690,000 3,830,000 3,348,000 3,625,000 3,891,000 4,145,000 4,446,000 4,718,000 4,964,000 4,680,000 
      deferred tax asset
    		16,625,000 12,488,000 11,051,000 14,501,000 1,144,000 1,580,000 2,339,000 705,000 1,878,000 2,543,000 5,033,000 4,337,000 15,195,000 16,477,000 16,604,000    6,654,000     
      mortgage servicing rights, at fair value
    		12,597,000 12,940,000 12,631,000 12,416,000 12,229,000 9,022,000 8,578,000 9,786,000 9,445,000 9,143,000 9,238,000 9,868,000 8,438,000 7,661,000 7,152,000         
      derivative assets
    		18,000     1,967,000  1,261,000                
      goodwill
    		6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000 6,775,000         
      other assets
    		7,531,000 11,992,000 5,296,000 6,308,000 9,566,000 5,468,000 5,248,000 7,028,000 7,789,000 12,268,000 13,525,000 18,453,000 11,036,000 7,345,000 6,824,000 6,843,000 7,257,000 7,325,000 6,779,000 16,489,000 9,042,000 10,518,000 12,667,000 
      total assets
    		6,958,683,000 6,475,880,000 5,971,530,000 5,202,474,000 4,873,393,000 4,628,218,000 4,404,573,000 4,117,308,000 3,951,145,000 3,837,094,000 3,748,975,000 3,647,366,000 3,332,739,000 3,109,722,000 2,812,478,000 2,457,164,000 2,267,605,000 2,164,839,000 2,102,874,000 2,126,866,000 2,187,051,000 2,257,354,000 2,214,766,000 
      liabilities
    		                       
      accounts payable and accrued expenses
    		170,584,000 164,935,000 153,475,000 140,534,000 138,033,000 123,988,000 121,969,000 97,869,000 95,344,000 84,976,000 91,525,000 75,150,000 78,384,000 92,768,000 92,195,000 79,360,000 70,049,000 65,003,000 63,361,000 61,859,000 55,938,000 58,591,000 56,146,000 
      secured financing
    		286,218,000 285,756,000 285,294,000 284,371,000 283,909,000 283,813,000 211,083,000 210,774,000 210,464,000 210,155,000 209,846,000 209,537,000 209,227,000 208,956,000 162,845,000 163,449,000 164,053,000 129,666,000 74,982,000 74,776,000 74,571,000 74,364,000 145,599,000 
      securitized debt, at amortized cost
    		1,783,150,000 1,859,750,000 1,935,746,000 2,105,099,000                    
      securitized debt, at fair value
    		3,748,889,000 3,232,769,000 2,459,767,000 1,749,268,000 1,509,952,000 1,073,843,000 877,417,000 669,139,000 381,799,000               
      warehouse and repurchase facilities
    		332,386,000 331,057,000 570,025,000 434,027,000 237,437,000 360,216,000 334,755,000 215,176,000 235,749,000 298,313,000 330,814,000 340,050,000 208,390,000 424,692,000 301,069,000 258,491,000 151,872,000 203,314,000 75,923,000 19,541,000    
      total liabilities
    		6,321,227,000 5,874,827,000 5,405,311,000 4,714,785,000 4,398,646,000 4,171,766,000 3,967,700,000 3,697,292,000 3,545,903,000 3,445,854,000 3,368,475,000 3,276,632,000 2,973,227,000 2,761,790,000 2,467,988,000 2,124,974,000 1,944,137,000 1,851,369,000 1,793,285,000 1,827,106,000 1,891,024,000 2,006,924,000 2,061,922,000 
      commitments and contingencies
    		                       
      equity
    		                       
      common stock
    		396,000 390,000 359,000 335,000 335,000 334,000 331,000 330,000 329,000 328,000 326,000 325,000 325,000 325,000 323,000 206,000 206,000 206,000 201,000 201,000 201,000 201,000  
      additional paid-in capital
    		379,401,000 368,527,000 353,446,000 313,087,000 311,324,000 308,259,000 306,736,000 304,906,000 303,207,000 301,308,000 300,310,000 298,772,000 297,840,000 297,031,000 296,364,000 205,915,000 205,215,000 204,670,000 204,190,000 203,937,000 203,685,000 247,746,000  
      retained earnings
    		267,582,000 242,209,000 216,212,000 176,738,000 160,935,000 146,157,000 128,906,000 111,551,000 99,465,000 87,282,000 76,633,000 68,171,000 58,188,000 47,543,000 44,422,000 36,069,000 28,047,000 18,594,000 15,198,000 5,622,000 2,141,000 2,483,000  
      treasury stock
    		-10,203,000 -10,024,000 -5,031,000 -2,869,000 -2,869,000 -2,603,000 -1,319,000 -1,294,000 -1,294,000 -1,294,000 -458,000 -458,000 -458,000 -458,000          
      accumulated other comprehensive loss
    		-2,917,000 -3,207,000 -1,799,000 -2,655,000   -1,210,000                 
      total velocity financial, inc. stockholders' equity
    		634,259,000 597,895,000 563,187,000 484,636,000 471,323,000 452,941,000  416,398,000 401,707,000 387,624,000              
      noncontrolling interest in subsidiary
    		3,197,000 3,158,000 3,032,000 3,053,000 3,424,000 3,511,000 3,429,000 3,618,000 3,535,000 3,616,000 3,689,000 3,924,000 3,617,000 3,491,000 3,381,000         
      total equity
    		637,456,000 601,053,000 566,219,000 487,689,000 474,747,000 456,452,000 436,873,000 420,016,000 405,242,000 391,240,000 380,500,000 370,734,000 359,512,000 347,932,000 344,490,000         
      total liabilities and equity
    		6,958,683,000 6,475,880,000 5,971,530,000 5,202,474,000 4,873,393,000 4,628,218,000 4,404,573,000 4,117,308,000 3,951,145,000 3,837,094,000 3,748,975,000 3,647,366,000 3,332,739,000 3,109,722,000          
      derivative liability
    		 560,000 1,004,000 1,486,000 374,000  3,665,000                 
      loans held for investment
    		    2,619,619,000 2,727,518,000 2,828,123,000 2,945,840,000 3,057,940,000 3,169,280,000 3,272,390,000 3,445,563,000 3,118,799,000 2,828,302,000 2,527,564,000 2,295,697,000 2,083,753,000 2,008,505,000 1,948,089,000 2,001,086,000 1,861,819,000 1,922,485,000 1,863,360,000 
      securitized debt
    		    2,228,941,000 2,329,906,000 2,418,811,000 2,504,334,000 2,622,547,000               
      accumulated other comprehensive income
    		    1,598,000 794,000                  
      total velocity financial inc. stockholders' equity
    		      433,444,000    376,811,000 366,810,000 355,895,000 344,441,000 341,109,000         
      accumulated other comprehensive income, net of tax
    		       905,000                
      securitizations
    		         2,657,469,000 2,736,290,000 2,651,895,000 2,477,226,000 2,035,374,000 1,911,879,000 1,623,674,000 1,558,163,000 1,453,386,000 1,579,019,000 1,670,930,000 1,599,719,000 1,576,432,000 1,438,629,000 
      securitizations, at fair value
    		         194,941,000              
      loans held for sale
    		             77,503,000 87,908,000  7,916,000  13,106,000  212,344,000 223,123,000 214,467,000 
      mezzanine equity
    		                       
      series a convertible preferred stock
    		               90,000,000 90,000,000 90,000,000 90,000,000 90,000,000 90,000,000   
      preferred stock
    		                       
      total liabilities, mezzanine equity and equity
    		              2,812,478,000         
      net deferred tax asset
    		               17,026,000 13,196,000 9,246,000  1,832,000 5,556,000 10,111,000 8,280,000 
      stockholders' equity
    		                       
      total stockholders' equity
    		               242,190,000 233,468,000 223,470,000      
      total liabilities, mezzanine equity and stockholders' equity
    		               2,457,164,000 2,267,605,000 2,164,839,000      
      stockholders' / members' equity
    		                       
      members’ equity
    		                      152,844,000 
      total stockholders' / members’ equity
    		                  219,589,000 209,760,000 206,027,000 250,430,000  
      total liabilities, mezzanine equity and stockholders' / members’ equity
    		                  2,102,874,000 2,126,866,000 2,187,051,000   
      warehouse repurchase facilities
    		                    160,796,000 297,537,000 421,548,000 
      total liabilities and stockholders' / members’ equity
    		                     2,257,354,000  
      liabilities and members’ equity
    		                       
      class c preferred units
    		                       
      total liabilities and members’ equity
    		                      2,214,766,000 
      interest income
    		                      157,531,000 
      interest expense — portfolio related
    		                      83,903,000 
      net interest income — portfolio related
    		                      73,628,000 
      interest expense — corporate debt
    		                      14,618,000 
      net interest income
    		                      59,010,000 
      benefit from loan losses
    		                      1,139,000 
      net interest income after benefit from loan losses
    		                      57,871,000 
      other operating income
    		                       
      gain on disposition of loans
    		                      4,410,000 
      unrealized gain on fair value loans
    		                      -9,000 
      other income
    		                      -1,752,000 
      total other operating income
    		                      2,649,000 
      operating expenses
    		                       
      compensation and employee benefits
    		                      15,511,000 
      rent and occupancy
    		                      1,531,000 
      loan servicing
    		                      7,396,000 
      professional fees
    		                      2,056,000 
      other operating expenses
    		                      5,981,000 
      total operating expenses
    		                      35,122,000 
      income before income taxes
    		                      25,398,000 
      income tax expense
    		                      8,106,000 
      net income
    		                      17,292,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.