FFWM
Income statement / Annual
Last year (2024), First Foundation Inc.'s total revenue was $481.54 M,
a decrease of 11.84% from the previous year.
In 2024, First Foundation Inc.'s net income was -$92.41 M.
See First Foundation Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$481.54 M |
$546.24 M |
$413.93 M |
$308.90 M |
$291.09 M |
$272.68 M |
$228.00 M |
$168.48 M |
$133.52 M |
$93.24 M |
| Cost of Revenue |
$449.05 M
|
$370.90 M
|
$85.72 M
|
$17.80 M
|
$53.99 M
|
$81.44 M
|
$55.92 M
|
$25.95 M
|
$15.87 M
|
$8.95 M
|
| Gross Profit |
$32.49 M
|
$175.33 M
|
$328.21 M
|
$291.10 M
|
$237.10 M
|
$191.24 M
|
$172.08 M
|
$142.53 M
|
$117.65 M
|
$84.29 M
|
| Gross Profit Ratio |
0.07
|
0.32
|
0.79
|
0.94
|
0.81
|
0.7
|
0.75
|
0.85
|
0.88
|
0.9
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$83.92 M
|
$84.30 M
|
$110.22 M
|
$87.91 M
|
$73.87 M
|
$69.93 M
|
$67.51 M
|
$56.56 M
|
$48.57 M
|
$40.46 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$83.92 M
|
$84.30 M
|
$110.22 M
|
$87.91 M
|
$73.87 M
|
$69.93 M
|
$67.51 M
|
$56.56 M
|
$48.57 M
|
$40.46 M
|
| Other Expenses |
$85.95 M
|
$291.10 M
|
$68.19 M
|
$51.40 M
|
$44.47 M
|
$41.80 M
|
$44.49 M
|
$35.38 M
|
$30.74 M
|
$21.00 M
|
| Operating Expenses |
$169.87 M
|
$375.40 M
|
$178.41 M
|
$139.31 M
|
$118.33 M
|
$111.74 M
|
$112.00 M
|
$91.94 M
|
$79.32 M
|
$61.46 M
|
| Cost And Expenses |
$618.92 M
|
$746.30 M
|
$264.13 M
|
$157.11 M
|
$172.33 M
|
$193.18 M
|
$167.91 M
|
$117.88 M
|
$95.19 M
|
$70.41 M
|
| Interest Income |
$611.00 M
|
$573.69 M
|
$403.88 M
|
$247.22 M
|
$243.89 M
|
$248.76 M
|
$207.31 M
|
$136.80 M
|
$100.64 M
|
$64.47 M
|
| Interest Expense |
$428.35 M
|
$371.39 M
|
$85.19 M
|
$13.93 M
|
$47.25 M
|
$78.81 M
|
$51.70 M
|
$23.18 M
|
$11.19 M
|
$6.28 M
|
| Depreciation & Amortization |
$7.98 M
|
$8.20 M
|
$8.71 M
|
$6.84 M
|
$6.64 M
|
$6.61 M
|
$5.87 M
|
$3.33 M
|
$2.28 M
|
$1.53 M
|
| EBITDA |
-$129.41 M |
-$191.87 M |
$158.51 M |
$158.63 M |
$125.40 M |
$86.10 M |
$65.96 M |
$53.93 M |
$40.62 M |
$24.36 M |
| EBITDA Ratio |
-0.27
|
-0.35
|
0.38
|
0.51
|
0.43
|
0.32
|
0.29
|
0.32
|
0.3
|
0.26
|
| Operating Income Ratio |
-0.29
|
-0.37
|
0.36
|
0.49
|
0.41
|
0.29
|
0.26
|
0.3
|
0.29
|
0.24
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
-$137.38 M
|
-$200.06 M
|
$149.80 M
|
$151.79 M
|
$118.77 M
|
$79.50 M
|
$60.09 M
|
$50.60 M
|
$38.33 M
|
$22.83 M
|
| Income Before Tax Ratio |
-0.29
|
-0.37
|
0.36
|
0.49
|
0.41
|
0.29
|
0.26
|
0.3
|
0.29
|
0.24
|
| Income Tax Expense |
-$44.97 M
|
-$1.00 M
|
$39.29 M
|
$42.27 M
|
$34.40 M
|
$23.26 M
|
$17.13 M
|
$23.02 M
|
$15.03 M
|
$9.45 M
|
| Net Income |
-$92.41 M
|
-$199.06 M
|
$110.51 M
|
$109.51 M
|
$84.37 M
|
$56.24 M
|
$42.96 M
|
$27.58 M
|
$23.30 M
|
$13.38 M
|
| Net Income Ratio |
-0.19
|
-0.36
|
0.27
|
0.35
|
0.29
|
0.21
|
0.19
|
0.16
|
0.17
|
0.14
|
| EPS |
-1.41 |
-3.53 |
1.96 |
2.42 |
1.89 |
1.26 |
1.02 |
0.8 |
0.72 |
0.6 |
| EPS Diluted |
-1.41 |
-3.53 |
1.96 |
2.41 |
1.88 |
1.25 |
1.01 |
0.78 |
0.7 |
0.58 |
| Weighted Average Shares Out |
$65.60 M
|
$56.43 M
|
$56.42 M
|
$44.64 M
|
$44.64 M
|
$44.62 M
|
$42.09 M
|
$34.48 M
|
$32.37 M
|
$22.31 M
|
| Weighted Average Shares Out Diluted |
$65.60 M
|
$56.43 M
|
$56.49 M
|
$44.90 M
|
$44.90 M
|
$44.91 M
|
$42.57 M
|
$35.33 M
|
$33.47 M
|
$23.15 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
