See more : Sharat Industries Limited (SHINDL.BO) 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.
- Zogenix, Inc. (ZGNX) Income Statement Analysis – Financial Results
- Toshiba Tec Corporation (6588.T) Income Statement Analysis – Financial Results
- iCon Group Ltd (ICON.TA) Income Statement Analysis – Financial Results
- byNordic Acquisition Corporation (BYNOU) Income Statement Analysis – Financial Results
- Antengene Corporation Limited (6996.HK) Income Statement Analysis – Financial Results
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 |
Concerns about Household Finances Remain High as 8 out of 10 Homeowners are Anxious about U.S. Economy, According to New Research from FAR
Finance of America Companies Inc. (FOA) Q2 2023 Earnings Call Transcript
Finance of America Companies Inc. (FOA) Reports Q2 Loss, Misses Revenue Estimates
Finance of America Reports Second Quarter 2023 Results
Finance of America Announces Second Quarter Earnings Release and Conference Call on August 8, 2023
Finance of America Issues Statement on the Sale of Incenter's Title Insurance Business
Finance of America Companies Inc. (FOA) Reports Q1 Loss, Tops Revenue Estimates
Finance of America Reports First Quarter 2023 Results
Finance of America Reports First Quarter 2023 Results
Finance of America Establishes New Reporting Segments
Source: https://incomestatements.info
Category: Stock Reports