Velocity Financial
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Velocity Financial generated cash of $48,835,000, which is more than the previous year. Cash used in financing activities reached the amount of $535,768,000 last year. Net change in cash is therefore -$129,000.
Cash Flow
| 2016 | 29.76M | -181.09M | 190.78M |
|---|---|---|---|
| 2017 | 37.64M | -274.77M | 201.11M |
| 2018 | -72.48M | -270.19M | 343.63M |
| 2019 | -105.33M | -305.93M | 422.14M |
| 2020 | 54.89M | 87.73M | -149.89M |
| 2021 | 57.62M | -656.48M | 626.17M |
| 2022 | 48.67M | -908.23M | 874.01M |
| 2023 | 48.83M | -584.73M | 535.76M |
VEL Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 62.05M | 47.60M | 20.29M | 27.55M | 16.67M | 15.72M | 51.74M | 12.28M |
Operating activities | ||||||||
Net income | 51.52M | 32.51M | 29.22M | 17.77M | 17.29M | 10.54M | 13.98M | 6.79M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 2.29M | 2.11M | 2.41M | 2.44M | 2.46M | 1.43M | 1.19M | 514K |
Stock-based compensation expense | 4.12M | 3.34M | 2.15M | 965K | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 4.12M | 3.34M | 2.15M | 965K | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | 0 | -7.42M | -3.28M | -5.60M | -14.45M | 0 | -3.69M | 0 |
Inventories | 0 | 7.42M | 3.28M | 5.60M | 14.45M | 0 | 0 | 0 |
Accounts payable | 0 | -2.56M | 16.45M | 11.05M | 18.31M | 0 | 9.21M | 0 |
Cash generated by operating activities | 48.83M | 48.67M | 57.62M | 54.89M | -105.33M | -72.48M | 37.64M | 29.76M |
Investing activities | ||||||||
Purchases Of Investments | 0 | -18.23M | -660.18M | -3.57M | -9.27M | 0 | -43.35M | 0 |
Investments In Property Plant And Equipment | -180K | -326K | -329K | -1.57M | -2.00M | -1.70M | -3.08M | -2.91M |
Acquisitions Net | 0 | 0 | -10.75M | -96.03M | -227.19M | 0 | 0 | 0 |
Cash generated by investing activities | -584.73M | -908.23M | -656.48M | 87.73M | -305.93M | -270.19M | -274.77M | -181.09M |
Financing activities | ||||||||
Common Stock Issued | 2.30M | 607K | 137K | 142.09M | 0 | 0 | 160K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -861K | -458K | 0 | 0 | -27.71M | 0 | 0 | 0 |
Repayments of term debt | 537.66M | 899.46M | -1.71B | -283.12M | 467.74M | -842.56M | 215.61M | -711.35M |
Cash used in financing activities | 535.76M | 874.01M | 626.17M | -149.89M | 422.14M | 343.63M | 201.11M | 190.78M |
Net Change In Cash | -129K | 14.45M | 27.31M | -7.25M | 10.87M | 950K | -36.01M | 39.45M |
Cash at end of period | 61.92M | 62.05M | 47.60M | 20.29M | 27.55M | 16.67M | 15.72M | 51.74M |
| Data source | Data source | Data source | Data source | Data source |