Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 48

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 48
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 — — — — 74,576 — — 103,744 178,320 Noncontrolling interest distributions— — — — — — — — (100)(100)Equity-based compensation, net— — — — 6,880 — — — — 6,880 Conversion of Class A LLC Units for Class A Common Stock177 — — — — — — (177)— — Settlement of long-term incentive plan RSUs, net110,949 — — — 232 — — (110,949)(232)— Settlement of other RSUs317,194 — — — — — — — — — Cancellation of shares to fund employee tax withholdings(136,592)— — — (1,027)— — — — (1,027)Foreign currency translation adjustment— — — — — — (24)— — (24)Balance at September 30, 20249,925,802 $1 15 $— $953,023 $(639,807)$(273)13,185,955 $143,512 $456,456 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited)

14

Finance of America Companies Inc.Condensed Consolidated Statements of Cash Flows (Unaudited)(in thousands)

Nine months endedSeptember 30,20252024Operating ActivitiesNet income$124,966 $178,320 Adjustments to reconcile net income to net cash used in operating activities(463,269)(495,930)Net cash used in operating activities(338,303)(317,610)Investing ActivitiesPurchases and originations of loans held for investment(2,476,508)(2,060,824)Proceeds/payments received on loans held for investment2,180,176 1,629,450 Purchases and originations of loans held for investment, subject to nonrecourse debt(19,073)(31,080)Proceeds/payments on loans held for investment, subject to nonrecourse debt766,475 729,728 Proceeds on sale of mortgage servicing rights (“MSR”)— 5,516 Proceeds from sale of businesses—