Financhill
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36

VEL Quote, Financials, Valuation and Earnings

Last price:
$18.85
Seasonality move :
1.08%
Day range:
$18.64 - $18.90
52-week range:
$14.51 - $20.85
Dividend yield:
0%
P/E ratio:
10.20x
P/S ratio:
3.42x
P/B ratio:
1.29x
Volume:
36.5K
Avg. volume:
64.2K
1-year change:
17.79%
Market cap:
$624.9M
Revenue:
$155.5M
EPS (TTM):
$1.85
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue $54.3M $66M $75.3M $91.2M $155.5M
Revenue Growth (YoY) 19% 21.57% 14.17% 21.07% 70.55%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $22.8M $25.2M $24M $35.9M $53M
Other Inc / (Exp) -- -- -- -- -$9M
Operating Expenses $22.8M $25.2M $24M $35.9M $53M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $25.4M $23.1M $39.8M $44.6M $71.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $8.1M $5.4M $10.6M $12M $18.8M
Net Income to Company $17.3M $17.8M $29.2M $32.5M $52.3M
 
Minority Interest in Earnings -- -- -- -$308K -$20K
Net Income to Common Excl Extra Items $17.3M $17.8M $29.2M $32.2M $52.3M
 
Basic EPS (Cont. Ops) $0.91 -$1.55 $0.90 $0.99 $1.60
Diluted EPS (Cont. Ops) $0.91 -$1.55 $0.86 $0.94 $1.52
Weighted Average Basic Share $19M $20.1M $22.8M $31.9M $32.2M
Weighted Average Diluted Share $19M $20.1M $34M $34.1M $34.5M
 
EBITDA -- -- -- -- --
EBIT $123.9M $123M $145.8M $201.7M $274.2M
 
Revenue (Reported) $54.3M $66M $75.3M $91.2M $155.5M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $123.9M $123M $145.8M $201.7M $274.2M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $16.3M $20.4M $24.4M $39.6M $49.3M
Revenue Growth (YoY) 29.93% 25.43% 19.14% 62.43% 24.55%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $6.1M $5.2M $7.2M $13M $18.1M
Other Inc / (Exp) -- -- -- $9.7M -$25M
Operating Expenses $6.1M $5.2M $7.2M $13M $18.1M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $5M $10.9M $14M $17.2M $21.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.5M $2.9M $3.8M $5.1M $5.6M
Net Income to Company $3.5M $8M $10.3M $12.2M $15.6M
 
Minority Interest in Earnings -- -- -$307K -$83K $186K
Net Income to Common Excl Extra Items $3.5M $8M $10M $12.1M $15.8M
 
Basic EPS (Cont. Ops) $0.17 $0.25 $0.31 $0.37 $0.48
Diluted EPS (Cont. Ops) $0.11 $0.23 $0.29 $0.35 $0.44
Weighted Average Basic Share $20.1M $20.1M $31.9M $32.3M $32.7M
Weighted Average Diluted Share $32.4M $34.2M $34.2M $34.7M $35.9M
 
EBITDA -- -- -- -- --
EBIT $29.3M $35.7M $52.6M $69M $91.3M
 
Revenue (Reported) $16.3M $20.4M $24.4M $39.6M $49.3M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $29.3M $35.7M $52.6M $69M $91.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $61M $75.4M $84.5M $135.4M $195.7M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $28.1M $23.1M $28.2M $50.5M $69.6M
Other Inc / (Exp) -- -- -- $15.1M -$56M
Operating Expenses $28.1M $23.1M $28.2M $50.5M $69.6M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $19.5M $40.2M $44.2M $60.5M $86.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $6.1M $9.7M $11.6M $17.2M $21.8M
Net Income to Company $13.4M $30.4M $32.6M $43.4M $64.8M
 
Minority Interest in Earnings -- -- -$543K $26K $359K
Net Income to Common Excl Extra Items $13.4M $30.4M $32.1M $43.4M $65.2M
 
Basic EPS (Cont. Ops) -$1.76 $1.13 $1.00 $1.33 $1.98
Diluted EPS (Cont. Ops) -$1.82 $0.90 $0.93 $1.27 $1.85
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $122.8M $141.4M $184.6M $253M $338.6M
 
Revenue (Reported) $61M $75.4M $84.5M $135.4M $195.7M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $122.8M $141.4M $184.6M $253M $338.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $44.7M $54.5M $63.7M $107.9M $148.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $17.9M $15.8M $20M $34.6M $51.1M
Other Inc / (Exp) -- -- -- $15.1M -$32M
Operating Expenses $17.9M $15.8M $20M $34.6M $51.1M
Operating Income -- -- -- -- --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items $11.4M $28.4M $32.9M $48.8M $64.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $3.2M $7.5M $8.6M $13.7M $16.7M
Net Income to Company $8.2M $20.9M $24.3M $35.1M $47.7M
 
Minority Interest in Earnings -- -- -$543K -$209K $171K
Net Income to Common Excl Extra Items $8.2M $20.9M $23.7M $34.9M $47.8M
 
Basic EPS (Cont. Ops) -$2.03 $0.65 $0.74 $1.07 $1.45
Diluted EPS (Cont. Ops) -$2.09 $0.61 $0.69 $1.02 $1.35
Weighted Average Basic Share $60.3M $60.3M $95.7M $96.5M $97.8M
Weighted Average Diluted Share $72.6M $101.6M $102.5M $102.9M $106.9M
 
EBITDA -- -- -- -- --
EBIT $87.9M $106.3M $145.1M $196.3M $260.8M
 
Revenue (Reported) $44.7M $54.5M $63.7M $107.9M $148.1M
Operating Income (Reported) -- -- -- -- --
Operating Income (Adjusted) $87.9M $106.3M $145.1M $196.3M $260.8M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents $22.6M $13.9M $36.1M $45.4M $40.8M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $13.3M $11.4M $13.2M $20.5M $27M
Inventory -- -- -- -- --
Prepaid Expenses $1.6M $1.3M $1.6M $1.8M $2M
Other Current Assets -- -- -- -- --
Total Current Assets $91.9M $101.7M $127.1M $142.8M $163.7M
 
Property Plant And Equipment $10.7M $8.9M $7.6M $5.8M $5.3M
Long-Term Investments -- -- -- -- --
Goodwill -- -- $6.8M $6.8M $6.8M
Other Intangibles -- -- $7.2M $9.2M $8.6M
Other Long-Term Assets -- -- -- -- --
Total Assets $2.2B $2.1B $2.8B $3.7B $4.4B
 
Accounts Payable $56.1M $63.4M $92.2M $91.5M $122M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $477.7M $139.3M $393.3M $422.3M $456.7M
 
Long-Term Debt $1.6B $1.7B $2.1B $2.9B $3.5B
Capital Leases -- -- -- -- --
Total Liabilities $2.1B $1.9B $2.5B $3.4B $4B
 
Common Stock -- $201K $323K $326K $331K
Other Common Equity Adj -- -- -- -- -$1.2M
Common Equity $152.8M $219.6M $341.1M $376.8M $433.4M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- $3.4M $3.7M $3.4M
Total Equity $152.8M $219.6M $344.5M $380.5M $436.9M
 
Total Liabilities and Equity $2.2B $2.1B $2.8B $3.7B $4.4B
Cash and Short Terms $22.6M $13.9M $36.1M $45.4M $40.8M
Total Debt $2B $1.7B $2.4B $3.3B $3.8B
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $19.2M $35.5M $26.4M $29.4M $44.1M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $13.1M $12M $18.3M $24.8M $32.9M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $77.2M $105.4M $113.7M $125.8M $175M
 
Property Plant And Equipment $4.4M $3.3M $3.5M $2.9M $1.7M
Long-Term Investments -- -- -- -- --
Goodwill -- -- $6.8M $6.8M $6.8M
Other Intangibles -- -- $9.9M $9.8M $12.4M
Other Long-Term Assets -- -- -- -- --
Total Assets $2.1B $2.5B $3.6B $4.1B $5.2B
 
Accounts Payable $61.9M $79.4M $75.2M $97.9M $140.5M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $81.4M $337.9M $415.2M $313M $574.6M
 
Long-Term Debt $1.7B $1.8B $2.9B $3.4B $4.1B
Capital Leases -- -- -- -- --
Total Liabilities $1.9B $2.2B $3.3B $3.7B $4.7B
 
Common Stock $201K $206K $325K $330K $335K
Other Common Equity Adj -- -- -- -- -$2.7M
Common Equity -- -- -- -- --
Total Preferred Equity -$41M -- -- -- --
Minority Interest, Total -- -- $3.9M $3.6M $3.1M
Total Equity $209.8M $242.2M $370.7M $420M $487.7M
 
Total Liabilities and Equity $2.1B $2.5B $3.6B $4.1B $5.2B
Cash and Short Terms $19.2M $35.5M $26.4M $29.4M $44.1M
Total Debt $1.8B $2B $3.2B $3.6B $4.6B
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders $17.3M $17.8M $29.2M $32.5M $52.3M
Depreciation & Amoritzation $2.5M $2.4M $2.4M $2.1M $2.3M
Stock-Based Compensation -- $965K $2.2M $3.3M $4.1M
Change in Accounts Receivable -$14.5M -$5.6M -$3.3M -$7.4M -$13.4M
Change in Inventories -- -- -- -- --
Cash From Operations -$105.3M $54.9M $57.6M $48.7M $48.8M
 
Capital Expenditures $2M $1.6M $329K $326K $180K
Cash Acquisitions -- -- -$10.8M -- --
Cash From Investing -$305.9M $87.7M -$656.5M -$908.2M -$584.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $1.7B $956.9M $2.4B $3.3B $2.2B
Long-Term Debt Repaid -$1.3B -$1.2B -$1.7B -$2.4B -$1.6B
Repurchase of Common Stock -$27.7M -- -- -$458K -$861K
Other Financing Activities -$17.9M -$10.8M -$27.6M -$25.6M -$3.3M
Cash From Financing $422.1M -$149.9M $626.2M $874M $535.8M
 
Beginning Cash (CF) $16.7M $27.6M $20.3M $47.6M $62.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $10.9M -$7.3M $27.3M $14.5M -$129K
Ending Cash (CF) $27.6M $20.3M $47.6M $62.1M $61.9M
 
Levered Free Cash Flow -$107.3M $53.3M $57.3M $48.3M $48.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders $3.5M $8M $10.3M $12.2M $15.6M
Depreciation & Amoritzation $619K $600K $519K $519K $615K
Stock-Based Compensation $252K $565K $931K $1.2M $1.6M
Change in Accounts Receivable -$1.1M -$567K -$3.3M -$1.7M $2M
Change in Inventories -- -- -- -- --
Cash From Operations $13.6M $18.7M -$4.4M -$9.8M -$17.6M
 
Capital Expenditures $293K $51K $56K $24K $1.2M
Cash Acquisitions -- -- -- -- --
Cash From Investing $70.6M -$176.7M -$311.2M -$148.2M -$279.7M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $193.2M $508.5M $696.3M $602.9M $918.8M
Long-Term Debt Repaid -$263.7M -$336.9M -$391.4M -$448.4M -$633.5M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities $37.8M -$4.3M -$3.8M -$753K -$569K
Cash From Financing -$73.8M $167.4M $301.1M $154.3M $284.9M
 
Beginning Cash (CF) $16.5M $35.7M $55.5M $50.8M $79.7M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $10.5M $9.4M -$14.6M -$3.7M -$12.4M
Ending Cash (CF) $27M $45.1M $40.9M $47.1M $67.3M
 
Levered Free Cash Flow $13.3M $18.6M -$4.5M -$9.8M -$18.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders $13.4M $30.4M $32.6M $43.4M $64.8M
Depreciation & Amoritzation $2.5M $2.4M $2.2M $2.1M $2.5M
Stock-Based Compensation $712K $1.8M $3M $4.1M $5.4M
Change in Accounts Receivable -$13.7M -$1.1M -$7.2M -$7.4M -$12.1M
Change in Inventories -- -- -- -- --
Cash From Operations $9.2M $57.1M $26.7M $62.7M $30.6M
 
Capital Expenditures $1.8M $432K $420K $125K $5.1M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$13.6M -$301.9M -$1.2B -$450M -$913M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $1.3B $1.5B $3.8B $2.1B $3.1B
Long-Term Debt Repaid -$1.4B -$1.2B -$2.6B -$1.7B -$2.2B
Repurchase of Common Stock -- -- -$458K -$837K -$1.6M
Other Financing Activities $27.5M -$60.7M -$31.3M -$4.9M -$4.2M
Cash From Financing $19.4M $262.8M $1.1B $393.5M $902.5M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $15M $18.1M -$4.2M $6.2M $20.2M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $7.4M $56.7M $26.3M $62.6M $25.6M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders $8.2M $20.9M $24.3M $35.1M $47.7M
Depreciation & Amoritzation $1.8M $1.8M $1.6M $1.5M $1.7M
Stock-Based Compensation $712K $1.6M $2.4M $3.2M $4.5M
Change in Accounts Receivable -$5.5M -$1M -$5M -$4.9M -$3.6M
Change in Inventories -- -- -- -- --
Cash From Operations $37.4M $39.6M $8.7M $22.7M $4.5M
 
Capital Expenditures $1.3M $182K $273K $72K $5M
Cash Acquisitions -- -- -- -- --
Cash From Investing $73.3M -$316.3M -$819.1M -$360.8M -$689M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $785.5M $1.3B $2.7B $1.5B $2.4B
Long-Term Debt Repaid -$1B -$1B -$1.9B -$1.2B -$1.8B
Repurchase of Common Stock -- -- -$458K -$837K -$1.6M
Other Financing Activities $30.6M -$19.4M -$23.1M -$2.4M -$3.3M
Cash From Financing -$111.2M $301.5M $803.7M $323.2M $689.9M
 
Beginning Cash (CF) $56.2M $83.2M $150.5M $168.9M $200.6M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$521K $24.8M -$6.7M -$15M $5.3M
Ending Cash (CF) $55.7M $108M $143.8M $153.9M $206M
 
Levered Free Cash Flow $36M $39.4M $8.4M $22.6M -$468K

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