See more : Boai NKY Medical Holdings Ltd. (300109.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Finance Of America Companies Inc. (FOA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Finance Of America Companies Inc., a leading company in the Financial – Credit Services industry within the Financial Services sector.
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Finance Of America Companies Inc. (FOA)
Industry: Financial - Credit Services
Sector: Financial Services
Website: https://www.financeofamerica.com
About Finance Of America Companies Inc.
Finance of America Companies Inc. operates a consumer lending platform in the United States. The company operates through: Mortgage Originations, Reverse Originations, Commercial Originations, Lender Services, and Portfolio Management segments. It provides residential mortgage loans to the government sponsored entities; government-insured agricultural lending solutions to farmers; product development, loan securitization, loan sales, risk management, asset management, and servicing oversight services to enterprise and third-party funds; and ancillary business services, title agency and title insurance services, mortgage servicing rights valuation and trade brokerage, transactional fulfillment services, mortgage loan third party review or due diligence services, and appraisal and capital management services to residential mortgage, student lending, and commercial lending industry customers. The company was founded in 2013 and is based in Irving, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 234.25M | 573.24M | 1.74B | 1.74B | 847.60M | 789.26M | 778.47M |
| Cost of Revenue | 0.00 | 28.39M | 29.62M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 234.25M | 544.85M | 1.71B | 1.74B | 847.60M | 789.26M | 778.47M |
| Gross Profit Ratio | 100.00% | 95.05% | 98.29% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | -4.19 | -0.82 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 226.99M | 1.12B | 1.53B | 1.15B | 701.25M | 180.25M | 142.80M |
| Selling & Marketing | 31.90M | 34.20M | 41.40M | 37.50M | 27.18M | 30.06M | 29.36M |
| SG&A | 258.89M | 1.12B | 1.53B | 1.15B | 701.25M | 733.73M | 715.39M |
| Other Expenses | 0.00 | 35.83M | 5.25M | -6.13M | 4.33M | 0.00 | 0.00 |
| Operating Expenses | 288.92M | 1.16B | 1.53B | 1.15B | 705.59M | 741.73M | 723.59M |
| Cost & Expenses | 288.92M | 1.15B | 1.53B | 1.15B | 705.59M | 741.73M | 723.59M |
| Interest Income | 1.63B | 47.64M | 56.59M | 752.26M | 786.56M | 0.00 | 0.00 |
| Interest Expense | 1.39B | 151.74M | 142.06M | 649.69M | 666.38M | 0.00 | 0.00 |
| Depreciation & Amortization | 47.55M | 323.84M | 1.11B | 2.39M | 327.40K | -55.53M | -63.08M |
| EBITDA | 0.00 | 0.00 | -271.48M | 0.00 | 19.01M | -23.18M | -10.35M |
| EBITDA Ratio | 0.00% | -3.91% | -15.64% | 31.05% | 8.81% | -2.94% | -1.33% |
| Operating Income | -54.67M | -87.41M | -271.48M | 520.73M | 55.36M | 55.53M | 63.08M |
| Operating Income Ratio | -23.34% | -15.25% | -15.64% | 29.94% | 6.53% | 7.04% | 8.10% |
| Total Other Income/Expenses | -112.17M | -109.61M | -1.37B | 502.65M | 77.91M | -8.00M | -8.20M |
| Income Before Tax | -166.84M | -732.05M | -1.20B | 500.26M | 77.58M | 47.53M | 54.88M |
| Income Before Tax Ratio | -71.22% | -127.70% | -68.90% | 28.76% | 9.15% | 6.02% | 7.05% |
| Income Tax Expense | -593.00K | -16.52M | -19.53M | 2.34M | 949.00K | 286.00K | 53.00K |
| Net Income | -80.09M | -715.53M | -1.18B | 518.39M | 76.63M | 32.06M | 52.68M |
| Net Income Ratio | -34.19% | -124.82% | -67.77% | 29.81% | 9.04% | 4.06% | 6.77% |
| EPS | -9.77 | -30.61 | -41.47 | -6.14 | 1.43 | 8.92 | 14.66 |
| EPS Diluted | -9.77 | -30.61 | -184.97 | -6.14 | 1.43 | 8.92 | 14.66 |
| Weighted Avg Shares Out | 8.20M | 6.23M | 6.08M | 2.88M | 2.88M | 3.59M | 3.59M |
| Weighted Avg Shares Out (Dil) | 8.20M | 6.23M | 6.08M | 2.88M | 2.88M | 3.59M | 3.59M |
Finance of America Companies Inc. (FOA) Tops Q3 Earnings Estimates
Finance of America Reports Third Quarter 2024 Results
Finance of America Announces a Nearly 98% Participation Rate in the Exchange Offer and Consent Solicitation for Existing 2025 Unsecured Notes
Finance of America Announces Third Quarter 2024 Earnings Release and Conference Call on November 6, 2024
Finance of America Companies Inc. (FOA) Reports Q2 Loss, Tops Revenue Estimates
Finance of America Announces Exchange Offer Support Agreement with Unsecured Corporate Noteholders
Finance of America Companies Inc. (FOA) Q1 2024 Earnings Call Transcript
Finance of America Reports First Quarter 2024 Results
Finance of America Unifies FAR, AAG Under Single Brand
Finance of America Companies Inc. (FOA) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Source: https://incomestatements.info
Category: Stock Reports