Professional
Added to YB: 2025-05-12
Pitch date: 2025-05-09
FOA [neutral]
Finance of America Companies Inc.
+8.47%
current return
Author Info
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Company Info
Finance of America Companies Inc. a financial service holding company, through its subsidiaries, provides home equity-based financing solutions for a modern retirement in the United States.
Market Cap
$182.4M
Pitch Price
$21.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-288.19
EV/Sales
N/A
Sector
Financial Services
Category
growth
Pernas Research Starter Position: Finance of America Companies Inc.
FOA (holdings update): Q1 reverse mortgage volume $561M (+32% YoY), GAAP income $80M vs ($16M) YoY, adj income $13M vs ($7M). Trading at 0.8x book despite targeting $10T home equity market. Industry improving as bad actors exit. New marketing campaign addressing category aversions. Operational efficiency +40% sales conversion, G&A -25% YoY.
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