For the year ending 2025-12-31, FOA had $22,678K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 103,039 |
| Change in fair value of loans and related obligations | 584,180 |
| Amortization and depreciation | 38,595 |
| Amortization of debt discount and issuance costs on notes payable | 19,026 |
| Impairment of other assets | 0 |
| Deferred income taxes | -3,519 |
| Change in fair value of deferred purchase price liabilities | -2,931 |
| Change in fair value of convertible notes | -13,800 |
| Equity-based compensation | 10,161 |
| Originations/purchases of loans held for sale | 75,362 |
| Proceeds from sale of loans held for sale | 53,719 |
| Gain on the exchange of senior notes | 0 |
| Other assets, net | -5,773 |
| Payables and accrued expenses | -11,020 |
| Other operating activities, net | 3,153 |
| Net cash used in operating activities | -429,746 |
| Purchases and originations of loans held for investment | 3,322,290 |
| Proceeds/payments received on loans held for investment | 3,121,623 |
| Purchases and originations of loans held for investment, subject to nonrecourse debt | 24,735 |
| Proceeds/payments on loans held for investment, subject to nonrecourse debt | 1,085,448 |
| Proceeds on sale of mortgage servicing rights (msr) | 0 |
| Proceeds from sale of businesses | 0 |
| Other investing activities, net | 5,159 |
| Net cash provided by investing activities | 854,887 |
| Proceeds from issuance of hmbs related obligations | 2,006,384 |
| Payments on hmbs related obligations | 2,654,729 |
| Proceeds from issuance of nonrecourse debt | 4,991,431 |
| Payments on nonrecourse debt | 4,942,510 |
| Proceeds from other financing lines of credit | 5,440,354 |
| Payments on other financing lines of credit | 5,170,902 |
| Proceeds from notes payable | 40,000 |
| Payments on notes payable | 117,408 |
| Repurchase of class a common stock and class a llc units | 40,149 |
| Proceeds from issuance of preferred stock, net of issuance costs | 49,314 |
| Dividends paid on preferred stock | 196 |
| Other financing activities, net | -4,043 |
| Net cash provided by (used in) financing activities | -402,454 |
| Effect of exchange rate changes on cash and cash equivalents | -9 |
| Net increase in cash and cash equivalents and restricted cash | 22,678 |
| Cash and cash equivalents and restricted cash, beginning of period | 301,968 |
| Cash and cash equivalents and restricted cash, end of period | 324,646 |
Finance of America Companies Inc. (FOA)
Finance of America Companies Inc. (FOA)