Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 200

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 3
Chunk 200
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— — — — 15,488 — — 20,203 35,691 Noncontrolling interest distributions— — — — — — — — (100)(100)Equity-based compensation, net (Note 20 - Equity-Based Compensation)— — — — 8,418 — — — 394 8,812 Conversion of LLC Units for Class A Common Stock (Note 30 - Equity)205 — — — — — — (205)— — Settlement of LTIP RSUs, net (Note 30 - Equity)110,949 — — — 232 — — (110,949)(232)— Settlement of other RSUs (Note 20 - Equity-Based Compensation)330,314 — — — — — — — — — Cancellation of shares to fund employee tax withholdings (Note 30 - Equity)(141,093)— — — (1,119)— — — — (1,119)Issuance of units (Note 3 - Acquisitions and Note 30 - Equity)— — — — — — — 705,841 — — Foreign currency translation adjustment— — — — — — (27)— — (27)Balance at December 31, 20249,934,449 $1 15 $— $954,469 $(698,895)$(276)13,891,768 $60,365 $315,664                            

See accompanying Notes to Consolidated Financial Statements

104

Finance of America Companies Inc.Consolidated Statements of Cash Flows(in thousands)

For the year ended December 31, 2024For the year ended December 31, 2023Operating Activities(1)Net income (loss)$35,691 $(218,158)Adjustments to reconcile net income (loss) to net cash used in operating activities:(Gain) loss on sale and other income from loans held for sale, net(302)27,216 Unrealized fair value changes on loans, related obligations, and derivatives(408,754)(307,152)Change in fair value of mortgage servicing rights (“MSR”)920 3,067 Depreciation