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Finance of America Companies Inc. (FOA)

For the quarter ending 2025-06-30, FOA made $177,376K in revenue. $34,923K in net income. Net profit margin of 19.69%.

Overview

Revenue
$177,376K
Net Income
$34,923K
Net Profit Margin
19.69%
EPS
$2.13
Unit: Thousand (K) dollars
Revenue Breakdown
    • Interest income
    • Interest expense
    • Fair value changes from market i...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues177,376 165,695 290,073 79,039
Other, net-6,361 2,367 -1,592 2,240
Impairment of other assets- - - -
Marketing and advertising expenses12,265 10,731 10,325 10,706
Loan production and portfolio related expenses9,462 11,330 6,946 5,662
Salaries, benefits, and related expenses36,974 33,930 31,083 35,053
General and administrative expenses13,180 12,979 14,405 16,241
Loan servicing expenses7,525 7,741 7,772 7,632
Depreciation and amortization9,654 9,658 9,777 9,753
Total expenses89,060 86,369 80,308 85,047
Net income (loss) from continuing operations before income taxes81,955 81,693 208,173 -3,768
Provision for income taxes from continuing operations2,132 1,943 4,425 1,153
Net income (loss) from continuing operations79,823 79,750 203,748 -4,921
Net loss from discontinued operations- -4,750 - -203
Net income (loss)79,823 75,000 203,748 -5,124
Net loss from discontinued operations attributable to noncontrolling interest- -2,722 - -98
Net income (loss) from continuing operations attributable to noncontrolling interest44,900 47,513 119,545 -2,937
Net income (loss) attributable to controlling interest34,923 30,209 84,203 -2,089
Basic earnings (loss) per share (in usd per share)3.16 2.97 8.48 -0.21
Basic weighted average shares outstanding (in shares)11,041,337 10,177,266 9,924,671 9,898,182
Diluted earnings (loss) per share (in usd per share)2.13 2.43 7.5 -0.3
Diluted weighted average shares outstanding (in shares)30,137,247 30,167,024 23,159,304 23,084,189
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net originationgains$56,058K (39.24%↑ Y/Y)Fair value changesfrom market inputs or...$94,939K (743.15%↑ Y/Y)Gain onsecuritization of home equity...$10,855K (-1.60%↓ Y/Y)Net fair valuechanges on loans and...$126,396K (757.62%↑ Y/Y)Interest income$481,800K (0.78%↑ Y/Y)Fee income$6,739K (-14.48%↓ Y/Y)Fair value changesfrom model...-$35,456K (25.84%↑ Y/Y)Net other income(expense)$117,912K (769.17%↑ Y/Y)Net portfoliointerest income$59,464K (-9.18%↓ Y/Y)Non-funding interestexpense, net$15,223K (64.25%↑ Y/Y)Interest expense$422,336K (2.36%↑ Y/Y)Total revenues$177,376K (124.42%↑ Y/Y)Net income (loss)from continuing...$81,955K (2275.03%↑ Y/Y)Total expenses$89,060K (4.72%↑ Y/Y)Other, net-$6,361K (-383.97%↓ Y/Y)Net income (loss)from continuing...$79,823K (1722.09%↑ Y/Y)Provision for income taxesfrom continuing...$2,132K (84.91%↑ Y/Y)Depreciation andamortization$9,654K (-1.02%↓ Y/Y)Loan servicingexpenses$7,525K (-1.40%↓ Y/Y)General andadministrative expenses$13,180K (-18.85%↓ Y/Y)Salaries, benefits, andrelated expenses$36,974K (5.48%↑ Y/Y)Loan production andportfolio related...$9,462K (67.11%↑ Y/Y)Marketing and advertisingexpenses$12,265K (14.56%↑ Y/Y)Net income (loss)$79,823K (1657.83%↑ Y/Y)Net income (loss)attributable to controlling...$34,923K (1771.76%↑ Y/Y)Net income (loss)from continuing...$44,900K (1628.77%↑ Y/Y)