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Finance of America Companies (FOACW) Rent Expense (2020 - 2023)

Finance of America Companies' Rent Expense history spans 4 years, with the latest figure at $2.1 million for Q3 2023.

  • For Q3 2023, Rent Expense rose 33.06% year-over-year to $2.1 million; the TTM value through Sep 2023 reached $29.5 million, up 114.46%, while the annual FY2022 figure was $28.4 million, N/A changed from the prior year.
  • Rent Expense reached $2.1 million in Q3 2023 per FOACW's latest filing, down from $2.6 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $22.9 million in Q4 2022 to a low of $1.6 million in Q3 2022.
  • Average Rent Expense over 4 years is $6.1 million, with a median of $6.7 million recorded in 2021.
  • Peak YoY movement for Rent Expense: tumbled 80.97% in 2022, then soared 50.24% in 2023.
  • A 4-year view of Rent Expense shows it stood at $6.8 million in 2020, then grew by 21.34% to $8.3 million in 2021, then soared by 176.76% to $22.9 million in 2022, then tumbled by 90.85% to $2.1 million in 2023.
  • Per Business Quant, the three most recent readings for FOACW's Rent Expense are $2.1 million (Q3 2023), $2.6 million (Q2 2023), and $1.9 million (Q1 2023).