Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 44

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 44
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 three months ended June 30, 2024For the six months ended June 30, 2025For the six months ended June 30, 2024NET INCOME (LOSS)$79,823 $(5,124)$154,823 $(25,428)COMPREHENSIVE INCOME (LOSS) ITEM:Impact of foreign currency translation adjustment2 (30)(7)(47)TOTAL COMPREHENSIVE INCOME (LOSS)79,825 (5,154)154,816 (25,475)Less: Comprehensive income (loss) attributable to noncontrolling interest 44,901 (3,052)89,687 (15,828)COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTEREST$34,924 $(2,102)$65,129 $(9,647)

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited)

10

Finance of America Companies Inc.  Condensed Consolidated Statements of Equity (Unaudited)(in thousands, except share data)

Class A Common StockClass B Common StockNoncontrolling InterestSharesAmountSharesAmountAdditional Paid-in CapitalRetained Earnings (Accumulated Deficit)Accumulated Other Comprehensive Income (Loss)Class A LLC UnitsAmountTotal EquityBalance at March 31, 202510,711,674 $1 14 $— $961,044 $(668,686)$(285)13,219,379 $102,812 $394,886 Net income— — — — — 34,923 — — 44,900 79,823 Noncontrolling interest distributions— — — — — — — — (205)(205)Equity-based compensation, net— — — — 1,990 — — — 657 2,647 Conversion of Class A LLC Units for Class A Common Stock25 — — — — — — (25)— — Settlement of restricted stock units (“RSUs”)540,275 — — — — — — — — — Cancellation of shares to fund employee tax withholdings(175,336)— — — (3,728)— — — — (3,728)Foreign currency translation adjustment