Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 124

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 124
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 Certain non-recurring costs1,095 418 2,019 4,115 Adjusted net income before income taxes44,599 21,067 81,245 12,436 Provision for income taxes(11,859)(5,568)(21,539)(3,571)Adjusted net income32,740 15,499 59,706 8,865 Provision for income taxes11,859 5,568 21,539 3,571 Depreciation346 480 1,064 1,317 Interest expense on non-funding debt10,067 10,008 32,007 28,087 Adjusted EBITDA$55,012 $31,555 $114,316 $41,840 GAAP PER SHARE MEASURESNet income (loss) from continuing operations attributable to controlling interest$(8,878)$84,203 $58,282 $76,584 Basic weighted average shares outstanding9,066,190 9,924,671 10,090,861 9,824,171 Basic earnings (loss) per share from continuing operations$(0.98)$8.48 $5.78 $7.80 If-converted method net income (loss) from continuing operations$(23,402)$173,600 $121,351 $153,333 Diluted weighted average shares outstanding19,235,795 23,159,304 28,488,038 23,062,616 Diluted earnings (loss) per share from continuing operations$(1.22)$7.50 $4.26 $6.65 NON-GAAP PER SHARE MEASURESAdjusted net income$32,740 $15,499 $59,706 $8,865 Exchangeable senior secured notes interest expense(2)2,640 — 7,899 — Total $35,380 $15,499 $67,605 $8,865 Weighted average shares outstanding26,615,234 23,159,304 28,960,158 23,062,616 Adjusted earnings per share$1.33 $0.67 $2.33 $0.38 

September 30, 2025December 31, 2024Total equity$365,831 $315,664 Less: Int