Company: FOACW
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001828937-25-000009
Chunk: 140

Company: Finance of America Companies Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 8
Chunk 140
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 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. 

166

Finance of America Companies Inc.Notes to Consolidated Financial Statements

Net income (loss) attributable to noncontrolling interest includes an allocation of expense related to the A&R MLTIP subject to special allocation terms per the Amended and Restated Limited Liability Company Agreement (“A&R LLC Agreement”). Refer to Note 20 - Equity-Based Compensation for additional information.   For the year ended December 31, 2024For the year ended December 31, 2023Diluted earnings (loss) per share:NumeratorNet income (loss) from continuing operations attributable to holders of Class A Common Stock - basic$17,496 $(61,287)Reallocation of net income (loss) from continuing operations assuming exchange of Class A LLC Units(1)14,260 — Exchangeable Secured Notes interest expense, net(2)— — Net income (loss) from continuing operations attributable to holders of Class A Common Stock - diluted$31,756 $(61,287)Net loss from discontinued operations attributable to holders of Class A Common Stock - basic$(2,008)$(18,801)Reallocation of net loss from discontinued operations assuming exchange of Class A LLC Units(1)(2,033)— Net loss from discontinued operations attributable to holders of Class A Common Stock - diluted$(4,041)$(18,801)DenominatorWeighted average shares of Class A Common Stock outstanding - basic 9,850,903 8,197,753 Effect of dilutive securities:Assumed exchange of weighted average Class A LLC Units for shares of Class A Common Stock(3)13,336,437 — Assumed exchange of Exchangeable Secured Notes for shares of Class A Common Stock(2)— — Additional dilutive shares under the treasury stock method(4)218,893 — Weighted average shares of Class A Common Stock outstanding - diluted(5)23,406,233 8,197,753 Diluted earnings (loss) per shareContinuing operations$1.36 $(7.48)Discontinued operations(0.18)(2.29)Diluted earnings (loss) per share$1.18