Company: FOACW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001628280-25-052025
Chunk: 92

Company: Finance of America Companies Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 92
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0.98)$8.48 $5.78 $7.80 Discontinued operations(0.07)— (0.27)(0.21)Basic earnings (loss) per share$(1.05)$8.48 $5.51 $7.59 (1) The Class A LLC Units of FOA Equity, held by certain unitholders (the “Equity Capital Unitholders”), comprise the noncontrolling interest in the Company. 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.(2) The net income (loss) attributable to noncontrolling interest and the weighted average shares of Class A Common Stock outstanding were both affected by the Repurchase Agreement for the three and nine months ended September 30, 2025. Refer to Note 16 - Related Party Transactions for additional information. 

44

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

Three months endedNine months endedSeptember 30,September 30,2025202420252024Diluted earnings (loss) per share:NumeratorNet income (loss) from continuing operations attributable to holders of Class A Common Stock - basic$(8,878)$84,203 $58,282 $76,584 Reallocation of net income (loss) from continuing operations assuming exchange of Class A LLC Units(1)(14,524)89,397 47,399 76,749 Reallocation of net income (loss) from continuing operations assuming exchange of Exchangeable Secured Notes(2)— — 9,525 — Exchangeable Secured Notes interest expense, net(2)— — 6,145 — Convertible Notes fair value adjustment, net(3)— — — — Net income (loss) from continuing operations attributable to holders of Class A Common Stock - diluted$(23,402)$173,600 $121,351 $153,333 Net loss from discontinued operations attributable to holders of Class A Common Stock - basic$(637)$— $(2,665)$(2,008)Reallocation of net loss from discontinued operations