Company: WLTH
Filing Date: 2025-09-23
Form Type: DRS/A
Source: 0001524566-25-000011
Chunk: 171

Company: WEALTHFRONT CORP
Filing Date: 2025-09-23
Form: DRS/A
Chunk 171
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 from 5.59% to 6.99% and 5.41% to 6.42%, respectively. New loan originations totaled $212.2 million for the fiscal year ended January 31, 2025, compared to $111.8 million for the prior year, with repayments totaling $169.1 million for the fiscal year ended January 31, 2025, compared to $165.9 million for the prior year. There were no loan write-offs for either year.

#### Total Costs and Operating Expenses
|                                    | (in thousands, except percentages) | Fiscal Year Ended January 31, |    2024 |     |   |    2025 |     |   | $ Change |     |     | % Change |   |
|:-----------------------------------|:-----------------------------------|:------------------------------|--------:|:----|:--|--------:|:----|:--|---------:|:----|:----|---------:|:--|
| Cost of revenue                    |                                    | $                             |  22,898 |     | $ |  30,964 |     | $ |    8,066 |     |     |       35 | % |
| Product development                |                                    |                               |  57,558 |     |   |  64,515 |     |   |    6,957 |     |     |       12 | % |
| General and administrative         |                                    |                               |  23,766 |     |   |  29,092 |     |   |    5,326 |     |     |       22 | % |
| Marketing                          |                                    |                               |  21,150 |     |   |  52,196 |     |   |   31,046 |     |     |      147 | % |
| Operations and support             |                                    |                               |   9,767 |     |   |  10,619 |     |   |      852 |     |     |        9 | % |
| Total costs and operating expenses |                                    | $                             | 135,139 |     | $ | 187,386 |     | $ |   52,247 |     |     |       39 | % |

Cost of Revenue

Cost of revenue increased by $8.1 million, or 35%, for the fiscal year ended January 31, 2025, compared to