Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 86

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 86
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 earnings (loss) per shareContinuing operations$3.16 $(0.20)$6.33 $(0.78)Discontinued operations— (0.01)(0.19)(0.21)Basic earnings (loss) per share$3.16 $(0.21)$6.14 $(0.99)(1) The units of FOA Equity (“Class A LLC Units”) held by certain unitholders and AAG/Bloom (collectively, the “Equity Capital Unitholders”), which comprise the noncontrolling interest in the Company, represents a participating security. Therefore, the numerator was adjusted to reduce net income (loss) by the amount of net income (loss) attributable to noncontrolling interest.Additionally, the Class B Common Stock does not participate in earnings or losses of the Company and, therefore, is not a participating security. The Class B Common Stock has not been included in either the basic or diluted earnings (loss) per share calculations.

41

Finance of America Companies Inc.Notes to Condensed Consolidated Financial Statements (Unaudited)

For the three months ended June 30, 2025For the three months ended June 30, 2024For the six months ended June 30, 2025For the six months ended June 30, 2024Diluted earnings (loss) per share:NumeratorNet income (loss) from continuing operations attributable to holders of Class A Common Stock - basic$34,923 $(1,984)$67,160 $(7,619)Reallocation of net income (loss) from continuing operations assuming exchange of Class A LLC Units(1)23,743 (4,869)58,443 (12,643)Reallocation of net income (loss) from continuing operations assuming exchange of Exchangeable Secured Notes(2)4,319 — 12,327 — Exchangeable Secured Notes interest expense, net(2)1,220 — 3,511 — Net income (loss) from continuing operations attributable to holders of Class A Common Stock - diluted$64,205 $(6,853)$141,441 $(20,262)Net loss from discontinued operations attributable to holders of Class A Common Stock - basic$— $(105)$(2,028)$(2,008)Reallocation of net loss from discontinued operations assuming exchange of Class A LLC Units(1)— (73)(1,995