Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 139

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 139
---
 income (loss) (defined above) divided by the weighted average shares outstanding, which includes outstanding Class A Common Stock plus the Class A LLC Units owned by the noncontrolling interest on an if-converted basis, the exchange of the Exchangeable Secured Notes on an if-converted basis if they are dilutive, and any shares under the treasury stock method.

Management considers adjusted earnings (loss) per share important in evaluating the Company as a whole. This supplemental metric is utilized by our management team to assess the underlying key drivers and operational performance of the continuing operations of the business. In addition, analysts, investors, and creditors may use this measure when analyzing our operating performance and comparability to peers. Adjusted earnings (loss) per share is not a presentation made in accordance with U.S. GAAP, and our definition and use of this measure may vary from other companies in our industry.

The following table provides a reconciliation of net income (loss) from continuing operations to adjusted net income (loss) and adjusted EBITDA (in thousands, except for share data):

#### 85

#### Reconciliation to GAAP
|                                                                                                                  |     |   | For the year ended December 31, 2024 |     |   | For the year ended December 31, 2023 |
|:-----------------------------------------------------------------------------------------------------------------|:----|:--|-------------------------------------:|:----|:--|-------------------------------------:|
| Reconciliation of net income (loss) from continuing operations to adjusted net income (loss) and adjusted EBITDA |     |   |                                      |     |   |                                      |
| Net income (loss) from continuing operations                                                                     |     | $ |                               40,418 |     | $ |                             -166,249 |
| Add back: (Provision) benefit for income taxes                                                                   |     |   |                               -2,398 |     |   |                                  593 |
| Net income (loss) from continuing operations before income taxes                                                 |     |   |                               42,816 |     |   |                             -166,842 |
| Adjustments for:                                                                                                 |     |   |                                      |     |   |                                      |
| Changes in fair value(1)                                                                                         |     |   |                              -75,018 |     |   |                              -23,869 |
| Amortization or impairment of intangibles and impairment of other assets                                         |     |   |                               38,080 |     |   |                               44,704 |
|