Financial Snapshot

Revenue
$747.0M
TTM
Gross Margin
406.02%
TTM
Net Earnings
$135.9M
TTM
Current Assets
$220.4M
Q3 2024
Current Liabilities
$160.9M
Q3 2024
Current Ratio
136.98%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$456.5M
Q3 2024
Cash
Q3 2024
P/E
1.539
Nov 29, 2024 EST
Free Cash Flow
-$132.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $234.3M $573.2M $1.953B $0.00 $0.00 $0.00 $1.225B
YoY Change -59.14% -70.65% -100.0% 64.59%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $234.3M $573.2M $1.953B $0.00 $0.00 $0.00 $1.225B
Cost Of Revenue $57.22M
Gross Profit $295.8M
Gross Profit Margin 126.26%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $292.4M $1.149B $1.489B $2.390M $330.0K $741.7M $723.6M
YoY Change -74.54% -22.84% 62183.72% 624.24% -99.96% 2.5% 6.28%
% of Gross Profit 98.87%
Research & Development $32.95M $56.68M $34.25M
YoY Change -41.87%
% of Gross Profit 11.14%
Depreciation & Amortization $47.55M $64.99M $55.37M $19.33M $19.30M $14.40M $7.970M
YoY Change -26.84% 17.37% 186.5% 0.14% 34.03% 80.68%
% of Gross Profit 16.08%
Operating Expenses $392.0M $1.149B $1.184B $2.390M $330.0K $0.00 $730.8M
YoY Change -65.87% -2.99% 49441.3% 624.24% -100.0% 7.35%
Operating Profit -$96.25M
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $118.7M $151.7M -$574.9M -$15.27M $5.070M -$553.4M -$439.4M
YoY Change -21.75% -126.4% 3664.68% -401.18% -100.92% 25.95% 1093.22%
% of Operating Profit
Other Income/Expense, Net $15.72M $56.35M $5.250M $103.9M -$650.0K
YoY Change -72.1% 973.41% -94.95% -16088.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$166.8M -$732.1M -$1.196B -$17.67M $4.100M $0.00 $54.88M
YoY Change -77.21% -38.8% 6669.76% -530.98% -100.0% 105.39%
Income Tax -$593.0K -$16.52M -$19.53M $2.344M $900.0K $300.0K $53.00K
% Of Pretax Income 21.95% 0.1%
Net Earnings -$80.09M -$190.7M -$251.9M -$17.67M $4.100M $0.00 $52.68M
YoY Change -58.0% -24.31% 1325.81% -530.98% -100.0% 97.66%
Net Earnings / Revenue -34.19% -33.26% -12.9% 4.3%
Basic Earnings Per Share -$0.98 -$3.06
Diluted Earnings Per Share -$0.98 -$3.12 -$4.210M -$491.7K $114.1K $0.00 $1.466M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $46.48M $97.36M $141.2M $800.0K $1.600M $0.00
YoY Change -52.26% -31.07% 17554.75% -50.0%
Cash & Equivalents $46.48M $97.36M $141.2M $233.0M $118.0M
Short-Term Investments
Other Short-Term Assets $178.3M $180.1M $322.4M $0.00 $100.0K
YoY Change -0.98% -44.15% -100.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $224.8M $97.36M $190.2M $900.0K $1.700M $0.00
YoY Change 130.89% -48.82% 21037.11% -47.06%
Property, Plant & Equipment $29.37M $19.02M $91.78M $71.00M $32.00M
YoY Change 54.44% -79.28% 29.27% 121.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $26.40B $19.89B $20.30B $293.3M $292.1M
YoY Change 32.75% -2.05% 6822.27% 0.41%
Other Assets $228.6M $493.9M $540.9M $562.0M $199.0M $100.0K
YoY Change -53.71% -8.69% -3.75% 182.41% 198900.0%
Total Long-Term Assets $26.88B $20.78B $21.60B $293.3M $292.0M $100.0K
YoY Change 29.4% -3.81% 7264.03% 0.45% 291900.0%
Total Assets $27.11B $20.87B $21.79B $294.2M $293.7M $100.0K
YoY Change
Accounts Payable $900.0K $100.0K $0.00
YoY Change 800.0%
Accrued Expenses $106.4M $114.3M $244.9M $800.0K $0.00 $100.0K
YoY Change -6.89% -53.33% 30506.25% -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $487.9M $2.780B $2.589B
YoY Change -82.45% 7.38%
Total Short-Term Liabilities $219.6M $273.1M $2.950B $1.700M $100.0K $100.0K
YoY Change -19.6% -90.74% 173417.06% 1600.0% 0.0%
Long-Term Debt $26.60B $20.19B $17.65B $0.00 $0.00 $0.00
YoY Change 31.7% 14.45%
Other Long-Term Liabilities $18.30M $58.03M $92.20M $44.50M $28.00M
YoY Change -68.46% -37.06% 107.18% 58.93%
Total Long-Term Liabilities $26.62B $20.19B $17.74B $44.50M $28.00M $0.00
YoY Change 31.8% 13.85% 39759.7% 58.93%
Total Liabilities $26.88B $20.62B $21.40B $46.20M $28.10M $100.0K
YoY Change 30.34% -3.66% 46222.6% 64.41% 28000.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 81.98M shares 62.30M shares
Diluted Shares Outstanding 81.98M shares 188.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $209.15 Million

About Finance of America Companies Inc.

Finance of America Companies Inc is a US-based company operating in Financial Services industry. The company is headquartered in Plano, Texas and currently employs 933 full-time employees. The company went IPO on 2019-04-18. Finance of America Companies Inc. offers retirement solutions platform that provides customers with access to a range of retirement offerings centered on the home. In addition, it offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. The company has two segments: Retirement Solutions and Portfolio Management. Retirement Solutions segment includes all loan origination activity for the Company, including the origination of home equity conversion mortgages, proprietary reverse mortgage loans, and hybrid mortgage loans through both the retail and wholesale/ third-party originator channels. Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for the Company. The company uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications and domain names.

Industry: Mortgage Bankers & Loan Correspondents Peers: BROADWAY FINANCIAL CORP \DE\ Cullman Bancorp, Inc. /MD/ HMN FINANCIAL INC LAKE SHORE BANCORP, INC. Magyar Bancorp, Inc. PROVIDENT FINANCIAL HOLDINGS INC Rocket Companies, Inc.