Finance Of America Companies Inc. · NYSE:FOA
Finance Of America Companies — FY 2025 Earnings Presentation
15 slides from Finance Of America Companies's earnings presentation, Mar 10, 2026
Slide 1: FY 2025 Investor Supplement
FY 2025 Investor Supplement LAST UPDATED 03.10.2026 © 2026 Finance of America Companies
Slide 2: Disclaimer
Disclaimer Forward Looking Statements Non-GAAP Financial Measures This presentation includes forward-looking statements within the meaning of the “safe harbor” provisions of the The Company’s management evaluates performance of the Company through the use of certain financial measures United States
Slide 3: The Finance of America Investment Thesis
3 SECTION 1 The Finance of America Investment Thesis Our Great Ambition page 4 Investment Thesis page 5
Slide 4: Our Great Ambition
4 O U R G R E AT A M B I T I O N Unlocking America’s Greatest Retirement Asset Melanie from $14.7 Trillion SENIOR HELD HOME EQUITY 1 Lafayette, CO A Finance of America Customer Finance of America is making home equity part of a mainstream, modern retirement so that more Americans can benefit from th
Slide 5: Seniors Will Need Access to Their Housing Wealth
INVESTMENT THESIS Seniors Will Need Access to Their Housing Wealth 11,400 PE O PLE PE R DA Y FRO M 2024 -2026 T URN 65 IN U.S. 1 ($4.0T) E ST IMA T E D RE T IRE ME N T SA VIN GS SHO RT FA LL FO R SE N IO RS IN U.S. 2 3 in 5 A RE N O T O N T RA CK T O ME E T T HE IR RE T IRE ME N T SPE N DIN G N E E
Slide 6: The largest and longest operating reverse mortgage provider in the industry
INVESTMENT THESIS The largest and longest operating reverse mortgage provider in the industry.1 #1 RE VE RSE MO RT GA GE LE N DE R & SE RVICE R 1 LE A DE R IN RE VE RSE MO RT GA GE IN DUST RY $22.1bn RE VE RSE MO RT GA GE FUN DE D VO LUME FRO M 2018 – 2025 ~780 $17.8bn PRO PRIE T A R Y LO A N A SSE
Slide 7: Leading Product Franchise
SECTION 1: INVESTMENT THESIS 7 Leading Product Franchise Finance of America is the industry leader in product innovation. We are the first in developing cutting-edge solutions to fill market gaps. ALL PRODUCTS DELIVER CASH FLOW BENEFITS, DESIGNED FOR LIFE AFTER 55* Agency Product, Proprietary Revers
Slide 8: FY 2025 Supplement
8 SECTION 2 FY 2025 Supplement FY 2025 Highlights page 9 Accelerating Operational Performance page 10 Income Statement Trend page 11 FY 2025 Cash Activity page 12
Slide 9: FY 2025 Highlights
FY 2025 SUPPLEMENT 9 FY 2025 Highlights Graham Fleming, CEO Kristen Sieffert, President Matt Engel, CFO • Finance of America delivered • In 2025, our origination platform • Increased volumes, improved significant year over year growth, saw a 24% growth in funded margins, and successful cost with Net
Slide 10: Accelerating Operational Performance
FY 2025 SUPPLEMENT 10 Accelerating Operational Performance Net Income (Loss) Before Income Taxes ($ millions) Adjusted Net Income (Loss)* ($ millions) 150 100 113 74 80 100 60 43 50 40 14 $- 20 $- (50) (20) 163% (40) (100) Increase 429% (60) (150) Increase (80) (200) (167) (100) (83) FY 2023 FY 2024
Slide 11: Income Statement Trend
FY 2025 SUPPLEMENT 11 Income Statement Trend For the full year For the full year ($ Millions) ended Dec 31, 2024 ended Dec 31, 2025 REVERSE MORTGAGE FUNDED VOLUME 1,918 2,385 Reverse Mortgage Funded Volume continues to grow year PORTFOLIO INTEREST INCOME Interest income 1,905 1,920 over year as the
Slide 12: FY 2025 Cash Activity
FY 2025 SUPPLEMENT 12 FY 2025 Cash Activity Changes in Cash and cash equivalents from Dec 2024 to Dec 2025 ($ millions) In 2025, Cash and cash 225 equivalents increased by $42 million, despite significant cash 150 200 used in balance sheet activities. Cashflows from Originations 175 and Capital Mark
Slide 13: Appendix
APPENDIX FINANCE of AMERICA - COMPANIES -
Slide 14: Non-GAAP Reconciliation
Non-GAAP Reconciliation 14 All values in $ Millions(1) 2023 2024 2025 Pre-tax income (loss) ($167) $43 $113 Adjustments for: Changes in fair value(2) (24) (75) (62) Amortization and impairment of goodwill and intangible assets(3) 44 38 37 Share-based compensation(4) 19 9 10 Certain non-recurring cos
Slide 15: Let's Unlock America's Greatest Retirement Asset
15 Let’s Unlock America’s Greatest Retirement Asset For more information visit us online: IR.FinanceOfAmericaCompanies.com Or email us at: IR@FinanceOfAmerica.com
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