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FOA (Finance of America) Revenue : $662.0 Mil (TTM As of Sep. 2024)


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What is Finance of America Revenue?

Finance of America's revenue for the three months ended in Sep. 2024 was $275.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $662.0 Mil. Finance of America's Revenue per Share for the three months ended in Sep. 2024 was $11.89. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $50.46.

Warning Sign:

Finance of America Companies Inc revenue per share has been in decline over the past 3 years.

During the past 3 years, the average Revenue per Share Growth Rate was -58.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Finance of America's highest 3-Year average Revenue per Share Growth Rate was -58.00% per year. The lowest was -58.00% per year. And the median was -58.00% per year.


Finance of America Revenue Historical Data

The historical data trend for Finance of America's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Finance of America Revenue Chart

Finance of America Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
847.60 1,739.17 - -32.38 177.03

Finance of America Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -84.81 263.08 57.85 65.75 275.36

Competitive Comparison of Finance of America's Revenue

For the Credit Services subindustry, Finance of America's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Finance of America's Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Finance of America's Revenue distribution charts can be found below:

* The bar in red indicates where Finance of America's Revenue falls into.



Finance of America Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $662.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Finance of America  (NYSE:FOA) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Finance of America Revenue Related Terms

Thank you for viewing the detailed overview of Finance of America's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Finance of America Business Description

Traded in Other Exchanges
N/A
Address
5830 Granite Parkway, Suite 400, Plano, TX, USA, 75024
Finance of America Companies Inc is a financial services holding company that, through its operating subsidiaries, is a modern retirement solutions platform that provides customers with access to an range of retirement offerings centered on the home. In addition, FoA offers capital markets and portfolio management capabilities to optimize the distribution of its originated loans to investors. It operates through two segments: Retirement Solutions and Portfolio Management. It generates the majority of its revenue from Retirement Solutions.
Executives
Kristen N Sieffert officer: President C/O FINANCE OF AMERICA COMPANIES INC., 5830 GRANITE PARKWAY, SUITE 400, PLANO TX 75024
Reza Jahangiri 10 percent owner C/O AMERICAN ADVISORS GROUP, INC., 18200 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92612
Bloom Retirement Holdings Inc. 10 percent owner 3800 W. CHAPMAN AVENUE, THIRD FLOOR, ORANGE CA 92868
Lauren Richmond officer: Chief Legal Officer C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Blackstone Tactical Opportunities Fund - S - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Associates - Nq L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Edmond Safra 10 percent owner C/O REPLAY ACQUISITION CORP., 767 FIFTH AVENUE, 46TH FLOOR, NEW YORK NY 10153
D1 Capital Partners L.p. 10 percent owner 9 WEST 57TH STREET, 36TH FLOOR, NEW YORK NY 10019
Patricia Cook director, officer: Chief Executive Officer C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Graham Fleming officer: President C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Brian L Libman director, 10 percent owner CLAYTON HOLDINGS, INC., 2 CORPORATE DRIVE, SHELTON CT 06484
Johan Gericke officer: EVP, Chief Financial Officer C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Blackstone Tactical Opportunities Fund - O - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Fund - L - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Fund - N - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154