Financhill
Buy
69

VEL Quote, Financials, Valuation and Earnings

Last price:
$17.78
Seasonality move :
5.27%
Day range:
$17.76 - $17.98
52-week range:
$16.12 - $20.98
Dividend yield:
0%
P/E ratio:
9.16x
P/S ratio:
2.86x
P/B ratio:
1.15x
Volume:
79.2K
Avg. volume:
163.8K
1-year change:
-7.01%
Market cap:
$648.5M
Revenue:
$211.7M
EPS (TTM):
$1.94
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $66M $75.3M $91.2M $155.5M $211.7M
Revenue Growth (YoY) 21.57% 14.17% 21.07% 70.55% 36.16%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $25.2M $24M $35.9M $53M $74.5M
Other Inc / (Exp) -- -- -- -$9M $2.6M
Operating Expenses $25.2M $24M $35.9M $53M $74.5M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $23.1M $39.8M $44.6M $71.1M $96.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $5.4M $10.6M $12M $18.8M $27.9M
Net Income to Company $17.8M $29.2M $32.5M $52.3M $68.5M
 
Minority Interest in Earnings -- -- -$308K -$20K -$47K
Net Income to Common Excl Extra Items $17.8M $29.2M $32.2M $52.3M $68.4M
 
Basic EPS (Cont. Ops) -$1.55 $0.90 $0.99 $1.60 $2.07
Diluted EPS (Cont. Ops) -$1.55 $0.86 $0.94 $1.52 $1.91
Weighted Average Basic Share $20.1M $22.8M $31.9M $32.2M $32.7M
Weighted Average Diluted Share $20.1M $34M $34.1M $34.5M $35.8M
 
EBITDA -- -- -- -- --
EBIT $123M $145.8M $201.7M $274.2M $367.4M
 
Revenue (Reported) $66M $75.3M $91.2M $155.5M $211.7M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $123M $145.8M $201.7M $274.2M $367.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $13.5M $14.2M $33.4M $49.8M $62.1M
Revenue Growth (YoY) -9.24% 5.81% 134.65% 48.96% 24.77%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $5.6M $5.8M $10.5M $15.9M $22M
Other Inc / (Exp) -- -- -$170K -$2.3M -$13.7M
Operating Expenses $5.6M $5.8M $10.5M $15.9M $22M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $4.6M $4M $14.8M $23.2M $26.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.2M $790K $4M $5.9M $8.2M
Net Income to Company $3.4M $3.2M $10.7M $17.3M $18.6M
 
Minority Interest in Earnings -- -$110K -$87K -$82K $239K
Net Income to Common Excl Extra Items $3.4M $3.1M $10.6M $17.3M $18.9M
 
Basic EPS (Cont. Ops) $0.11 $0.10 $0.33 $0.52 $0.55
Diluted EPS (Cont. Ops) $0.10 $0.09 $0.31 $0.49 $0.51
Weighted Average Basic Share $20.1M $31.9M $32.1M $32.5M $33.7M
Weighted Average Diluted Share $33.4M $34.2M $34.1M $35.4M $36.8M
 
EBITDA -- -- -- -- --
EBIT $32.8M $44.7M $60.9M $84.3M $108.1M
 
Revenue (Reported) $13.5M $14.2M $33.4M $49.8M $62.1M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $32.8M $44.7M $60.9M $84.3M $108.1M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $64.3M $76.1M $110.4M $171.9M $224.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $25.4M $24.2M $40.6M $58.4M $80.7M
Other Inc / (Exp) -- -- -$170K -$11.2M -$8.8M
Operating Expenses $25.4M $24.2M $40.6M $58.4M $80.7M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $24M $39.2M $55.3M $79.6M $100M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $5.4M $10.2M $15.3M $20.7M $30.3M
Net Income to Company $18.6M $29.1M $40M $58.9M $69.8M
 
Minority Interest in Earnings -- -$110K -$285K -$16K $274K
Net Income to Common Excl Extra Items $18.6M $28.9M $39.7M $58.9M $70.1M
 
Basic EPS (Cont. Ops) -$1.57 $0.90 $1.23 $1.79 $2.10
Diluted EPS (Cont. Ops) -$1.83 $0.84 $1.16 $1.70 $1.94
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $122.9M $157.7M $218M $297.5M $391.3M
 
Revenue (Reported) $64.3M $76.1M $110.4M $171.9M $224.1M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $122.9M $157.7M $218M $297.5M $391.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $13.5M $14.2M $33.4M $49.8M $62.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $5.6M $5.8M $10.5M $15.9M $22M
Other Inc / (Exp) -- -- -$170K -$2.3M -$13.7M
Operating Expenses $5.6M $5.8M $10.5M $15.9M $22M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $4.6M $4M $14.8M $23.2M $26.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.2M $790K $4M $5.9M $8.2M
Net Income to Company $3.4M $3.2M $10.7M $17.3M $18.6M
 
Minority Interest in Earnings -- -$110K -$87K -$82K $239K
Net Income to Common Excl Extra Items $3.4M $3.1M $10.6M $17.3M $18.9M
 
Basic EPS (Cont. Ops) $0.11 $0.10 $0.33 $0.52 $0.55
Diluted EPS (Cont. Ops) $0.10 $0.09 $0.31 $0.49 $0.51
Weighted Average Basic Share $20.1M $31.9M $32.1M $32.5M $33.7M
Weighted Average Diluted Share $33.4M $34.2M $34.1M $35.4M $36.8M
 
EBITDA -- -- -- -- --
EBIT $32.8M $44.7M $60.9M $84.3M $108.1M
 
Revenue (Reported) $13.5M $14.2M $33.4M $49.8M $62.1M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $32.8M $44.7M $60.9M $84.3M $108.1M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $13.9M $36.1M $45.4M $40.8M $50.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $11.4M $13.2M $20.5M $27M $35.2M
Inventory -- -- -- -- --
Prepaid Expenses $1.3M $1.6M $1.8M $2M $2.1M
Other Current Assets -- -- -- -- --
Total Current Assets $101.7M $127.1M $142.8M $163.7M $212.3M
 
Property Plant And Equipment $8.9M $7.6M $5.8M $5.3M $4.2M
Long-Term Investments -- -- -- -- --
Goodwill -- $6.8M $6.8M $6.8M $6.8M
Other Intangibles -- $7.2M $9.2M $8.6M $13.7M
Other Long-Term Assets -- -- -- -- --
Total Assets $2.1B $2.8B $3.7B $4.4B $5.5B
 
Accounts Payable $63.4M $92.2M $91.5M $122M $147.8M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $139.3M $393.3M $422.3M $456.7M $495.9M
 
Long-Term Debt $1.7B $2.1B $2.9B $3.5B $4.5B
Capital Leases -- -- -- -- --
Total Liabilities $1.9B $2.5B $3.4B $4B $5B
 
Common Stock $201K $323K $326K $331K $339K
Other Common Equity Adj -- -- -- -$1.2M -$805K
Common Equity $219.6M $341.1M $376.8M $433.4M $516.9M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- $3.4M $3.7M $3.4M $3.3M
Total Equity $219.6M $344.5M $380.5M $436.9M $520.2M
 
Total Liabilities and Equity $2.1B $2.8B $3.7B $4.4B $5.5B
Cash and Short Terms $13.9M $36.1M $45.4M $40.8M $50.1M
Total Debt $1.7B $2.4B $3.3B $3.8B $4.9B
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $20.4M $36.6M $39.4M $34.8M $51.7M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $11.2M $14.2M $20.9M $29.4M $38.5M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $113.2M $133.6M $126.6M $155.8M $213.8M
 
Property Plant And Equipment $3.9M $3.7M $3.2M $2M $1.6M
Long-Term Investments -- -- -- -- --
Goodwill -- $6.8M $6.8M $6.8M $6.8M
Other Intangibles -- $7.7M $9.1M $9M $12.6M
Other Long-Term Assets -- -- -- -- --
Total Assets $2.2B $3.1B $3.8B $4.6B $6B
 
Accounts Payable $65M $92.8M $85M $124M $153.5M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $268.3M $517.5M $383.3M $484.2M $723.5M
 
Long-Term Debt $1.6B $2.2B $3.1B $3.7B $4.7B
Capital Leases -- -- -- -- --
Total Liabilities $1.9B $2.8B $3.4B $4.2B $5.4B
 
Common Stock $206K $325K $328K $334K $359K
Other Common Equity Adj -- -- -- $794K -$1.8M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- $3.5M $3.6M $3.5M $3M
Total Equity $223.5M $347.9M $391.2M $456.5M $566.2M
 
Total Liabilities and Equity $2.2B $3.1B $3.8B $4.6B $6B
Cash and Short Terms $20.4M $36.6M $39.4M $34.8M $51.7M
Total Debt $1.8B $2.7B $3.4B $4B $5.3B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $17.8M $29.2M $32.5M $52.3M $68.5M
Depreciation & Amoritzation $2.4M $2.4M $2.1M $2.3M $2M
Stock-Based Compensation $965K $2.2M $3.3M $4.1M $6.2M
Change in Accounts Receivable -$5.6M -$3.3M -$7.4M -$9.2M -$6.4M
Change in Inventories -- -- -- -- --
Cash From Operations $54.9M $57.6M $48.7M $48.8M $37.8M
 
Capital Expenditures $1.6M $329K $326K $180K $5M
Cash Acquisitions -- -$10.8M -- -- --
Cash From Investing $87.7M -$656.5M -$908.2M -$584.7M -$1B
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $956.9M $2.4B $3.3B $2.2B $3.6B
Long-Term Debt Repaid -$1.2B -$1.7B -$2.4B -$1.6B -$2.6B
Repurchase of Common Stock -- -- -$458K -$861K --
Other Financing Activities -$10.8M -$27.6M -$26.1M -$4.2M -$5.8M
Cash From Financing -$149.9M $626.2M $874M $535.8M $1B
 
Beginning Cash (CF) $27.6M $20.3M $47.6M $62.1M $61.9M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$7.3M $27.3M $14.5M -$129K $8.9M
Ending Cash (CF) $20.3M $47.6M $62.1M $61.9M $70.8M
 
Levered Free Cash Flow $53.3M $57.3M $48.3M $48.7M $32.7M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $3.4M $3.2M $10.7M $17.3M $18.6M
Depreciation & Amoritzation $668K $536K $505K $526K $607K
Stock-Based Compensation $485K $669K $1M $1.4M $2M
Change in Accounts Receivable $2.8M -$1.9M -$2.5M $407K -$5M
Change in Inventories -- -- -- -- --
Cash From Operations $10.4M $11.8M -$11.9M $10.6M $3.5M
 
Capital Expenditures $59K $66K $48K $41K $99K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$53.7M -$293.7M -$71.6M -$212.4M -$401.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $336.6M $1.1B $444.3M $632.7M $1.2B
Long-Term Debt Repaid -$275.5M -$799.5M -$365.8M -$430.3M -$860.1M
Repurchase of Common Stock -- -$458K -$836K -- --
Other Financing Activities -$11M -$10.1M -$160K -$3.6M -$2.4M
Cash From Financing $50.2M $281.7M $77.5M $199M $401.5M
 
Beginning Cash (CF) $20.3M $47.6M $62.1M $61.9M $70.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $6.9M -$138K -$6M -$2.9M $3.6M
Ending Cash (CF) $27.2M $47.5M $56M $59M $74.5M
 
Levered Free Cash Flow $10.4M $11.8M -$12M $10.5M $3.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $18.6M $29.1M $40M $58.9M $69.8M
Depreciation & Amoritzation $2.5M $2.3M $2.1M $2.3M $2.1M
Stock-Based Compensation $1.2M $2.3M $3.7M $4.5M $6.8M
Change in Accounts Receivable -$3.9M -$8M -$8M -$6.4M -$11.8M
Change in Inventories -- -- -- -- --
Cash From Operations $64M $59M $24.9M $71.3M $30.7M
 
Capital Expenditures $887K $336K $308K $173K $5.1M
Cash Acquisitions -- -- -- -- --
Cash From Investing $86.1M -$896.5M -$686.2M -$725.6M -$1.2B
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $794.4M $3.1B $2.6B $2.4B $4.2B
Long-Term Debt Repaid -$956.2M -$2.2B -$1.9B -$1.7B -$3B
Repurchase of Common Stock -- -$458K -$378K -$448K --
Other Financing Activities -$16.4M -$26.7M -$16.1M -$7.7M -$4.7M
Cash From Financing -$135M $857.7M $669.8M $657.3M $1.2B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $15.1M $20.2M $8.6M $3M $15.4M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $63.1M $58.7M $24.6M $71.2M $25.6M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $3.4M $3.2M $10.7M $17.3M $18.6M
Depreciation & Amoritzation $668K $536K $505K $526K $607K
Stock-Based Compensation $485K $669K $1M $1.4M $2M
Change in Accounts Receivable $2.8M -$1.9M -$2.5M $407K -$5M
Change in Inventories -- -- -- -- --
Cash From Operations $10.4M $11.8M -$11.9M $10.6M $3.5M
 
Capital Expenditures $59K $66K $48K $41K $99K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$53.7M -$293.7M -$71.6M -$212.4M -$401.4M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $336.6M $1.1B $444.3M $632.7M $1.2B
Long-Term Debt Repaid -$275.5M -$799.5M -$365.8M -$430.3M -$860.1M
Repurchase of Common Stock -- -$458K -$836K -- --
Other Financing Activities -$11M -$10.1M -$160K -$3.6M -$2.4M
Cash From Financing $50.2M $281.7M $77.5M $199M $401.5M
 
Beginning Cash (CF) $20.3M $47.6M $62.1M $61.9M $70.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $6.9M -$138K -$6M -$2.9M $3.6M
Ending Cash (CF) $27.2M $47.5M $56M $59M $74.5M
 
Levered Free Cash Flow $10.4M $11.8M -$12M $10.5M $3.4M

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