Company: FOACW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001828937-25-000061
Chunk: 47

Company: Finance of America Companies Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 47
---
 $1 15 $— $946,938 $(714,383)$(249)13,297,081 $40,100 $272,407 Net loss— — — — — (9,627)— — (15,801)(25,428)Equity-based compensation, net— — — — 5,364 — — — — 5,364 Conversion of Class A LLC Units for Class A Common Stock171 — — — — — — (171)— — Settlement of LTIP RSUs, net110,949 — — — 232 — — (110,949)(232)— Settlement of other RSUs305,625 — — — — — — — — — Cancellation of shares to fund employee tax withholdings(132,626)— — — (999)— — — — (999)Foreign currency translation adjustment— — — — — — (47)— — (47)Balance at June 30, 20249,918,193 $1 15 $— $951,535 $(724,010)$(296)13,185,961 $24,067 $251,297 

See accompanying Notes to Condensed Consolidated Financial Statements (Unaudited)

14

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

For the six months ended June 30, 2025For the six months ended June 30, 2024Operating ActivitiesNet income (loss)$154,823 $(25,428)Adjustments to reconcile net income (loss) to net cash used in operating activities(343,378)(210,813)Net cash used in operating activities(188,555)(236,241)Investing ActivitiesPurchases and originations of loans held for investment(1,654,382)(1,345,758)Proceeds/payments received on loans held for investment1,334,971 1,084,082 Purchases and originations of loans held for investment, subject to nonrecourse debt(12,721)(22,236)Proceeds/payments on loans held for investment, subject to nonrecourse debt518,298 527