Figure Technology Solutions, Inc. Class A Common Stock logo FIGR - Figure Technology Solutions, Inc. Class A Common Stock

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 6
HOLD 1
SELL 0
STRONG
SELL 0
| PRICE TARGET: $62.75 DETAILS
HIGH: $75.00
LOW: $49.00
MEDIAN: $63.50
CONSENSUS: $62.75
UPSIDE: 84.83%
Annual Quarterly
Metric 2025 2024 2023
Revenue
Revenue 457.2 279.3 166.9
Cost of Revenue 97.6 21.6 18.7
Gross Profit 359.6 257.7 148.2
Operating Expenses
R&D Expenses 0 62.7 49.2
SG&A Expenses 208.1 110.4 71.2
Other Expenses (14.6) 75.5 77.3
Operating Expenses 193.5 248.5 197.6
Operating Income
Operating Income 166.2 9.2 (49.4)
Interest Expense 48.9 56.4 49.2
Interest Income 74.8 48.2 48.2
Profitability
EBITDA 178.8 95.6 16.2
EBIT 162.5 78.5 (3.1)
Income Before Tax 113.7 22.1 (52.3)
Income Tax Expense (20.6) 2.2 0.1
Net Income 133.9 17.2 (47.9)
Per Share Data
EPS (Basic) 0.54 0.04 -0.12
EPS (Diluted) 0.44 0.04 -0.12
Shares Outstanding 228.9 207.1 207.1
Metric 2025 2024 2023
Current Assets
Cash & Cash Equivalents 1,198.1 287.3 116.5
Short-Term Investments 0 77.9 5.9
Net Receivables 52.0 416.9 272.8
Inventory 0 0 0
Other Current Assets 611.0 72.7 63.0
Total Current Assets 1,861.2 854.7 458.3
Non-Current Assets
Property, Plant & Equipment 0 0 0
Goodwill 0 0 0
Intangible Assets 0 0 0
Long-Term Investments 0 173.2 37.1
Other Non-Current Assets 430.3 131.7 164.7
Total Non-Current Assets 456.3 304.9 201.8
Total Assets 2,317.5 1,159.6 660.1
Current Liabilities
Account Payables 0 37.2 20.1
Short-Term Debt 161.0 517.9 384.2
Deferred Revenue 0 0 0
Other Current Liabilities 685.0 70.4 2.5
Total Current Liabilities 846.0 625.5 406.9
Non-Current Liabilities
Long-Term Debt 4.2 167.9 25.0
Deferred Tax Liabilities 0 0 0
Other Non-Current Liabilities 230.1 0 0
Total Non-Current Liabilities 234.3 170.7 30.8
Total Liabilities 1,080.3 796.2 437.6
Stockholders' Equity
Common Stock 0.0 0.0 0.0
Retained Earnings (187.0) (320.9) (338.1)
Accumulated Other Comprehensive Income 0 0 0
Total Stockholders' Equity 1,228.8 355.1 217.1
Total Liabilities & Equity 2,317.5 1,159.6 660.1
Debt Metrics
Total Debt 165.1 688.6 415.0
Net Debt (1,033.0) 401.3 298.4
Metric 2025 2024 2023
Operating Activities
Net Income 134.3 19.9 (52.4)
Depreciation & Amortization 1.0 17.1 19.4
Stock-Based Compensation 62.4 38.7 13.4
Change in Working Capital (6,561.2) (60.2) 48.2
Other Non-Cash Items 6,426.1 (151.6) (57.5)
Operating Cash Flow 62.6 (136.0) (28.9)
Investing Activities
Capital Expenditure 0 (16.6) (17.3)
Acquisitions 0 0 0
Purchases of Investments (102.2) (30.1) (0.8)
Sales/Maturities of Investments 0 16.1 0
Other Investing Activities 40.9 (0.2) (4.0)
Investing Cash Flow (61.3) (30.9) (22.1)
Financing Activities
Net Debt Issuance 250.8 266.9 65.6
Stock Repurchased 0 (1.0) 0
Dividends Paid 0 (2.8) (0.3)
Other Financing Activities (0.2) (0.3) 0.5
Financing Cash Flow 918.0 336.1 65.8
Cash Position
Net Change in Cash 919.3 169.3 14.8
Cash at Beginning 347.4 175.8 161.0
Cash at End 1,266.8 345.0 175.8
Free Cash Flow 62.6 (152.6) (46.1)
Key Metrics 2025 2024 2023
Income Statement
Revenue 457.2 279.3 166.9
Gross Profit 359.6 257.7 148.2
Operating Income 166.2 9.2 (49.4)
Net Income 133.9 17.2 (47.9)
EPS (Diluted) 0.44 0.04 -0.12
Balance Sheet
Cash & Equivalents 1,198.1 287.3 116.5
Total Assets 2,317.5 1,159.6 660.1
Total Debt 165.1 688.6 415.0
Stockholders' Equity 1,228.8 355.1 217.1
Cash Flow
Operating Cash Flow 62.6 (136.0) (28.9)
Capital Expenditure 0 (16.6) (17.3)
Free Cash Flow 62.6 (152.6) (46.1)