Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 117

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 117
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 from continuing operations before income taxes81,955 (3,768)163,648 (19,548)Adjustments for:Changes in fair value(1)(75,514)(8,633)(151,324)(17,550)Amortization or impairment of intangibles and impairment of other assets9,297 9,296 18,594 19,194 Equity-based compensation2,647 1,595 4,804 5,576 Certain non-recurring costs717 1,723 924 3,697 Adjusted net income (loss) before income taxes19,102 213 36,646 (8,631)Benefit (provision) for income taxes(5,066)(140)(9,680)1,997 Adjusted net income (loss)14,036 73 26,966 (6,634)Provision (benefit) for income taxes5,066 140 9,680 (1,997)Depreciation357 457 718 837 Interest expense on non-funding debt10,878 9,606 21,940 18,079 Adjusted EBITDA$30,337 $10,276 $59,304 $10,285 GAAP PER SHARE MEASURESNet income (loss) from continuing operations attributable to controlling interest$34,923 $(1,984)$67,160 $(7,619)Basic weighted average shares outstanding11,041,337 9,898,182 10,611,689 9,773,370 Basic earnings (loss) per share from continuing operations$3.16 $(0.20)$6.33 $(0.78)If-converted method net income (loss) from continuing operations$64,205 $(6,853)$141,441 $(20,262)Diluted weighted average shares outstanding30,137,247 23,084,189 30,152,054 23,013,742 Diluted earnings (loss) per share from continuing operations$2.13 $(0.29)$4.69 $(0.88)NON-GAAP PER SHARE MEASURESAdjusted net income (loss)$14,036 $73 $26,966 $(6,634)Exchangeable senior secured notes interest expense(2)2,650 — 5,259 — Total