First Foundation Inc. (FFWM) — Financial statements
Income statement, balance sheet, and cash flow for First Foundation Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 588↑22.2% | 482↓11.8% | 546↑32.0% | 414↑34.0% | 309 | |
| Cost of Revenue | 418↓6.9% | 449↑21.1% | 371↑332.7% | 86↑381.6% | 18 | |
| Gross Profit | 170↑424.8% | 32↓81.5% | 175↓46.6% | 328↑12.8% | 291 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 131↑56.5% | 84↓0.5% | 84↓23.5% | 110↑25.4% | 88 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 131↑56.5% | 84↓0.5% | 84↓23.5% | 110↑25.4% | 88 | |
| Other Expenses | 111↑28.8% | 86↓70.5% | 291↑326.9% | 68↑32.7% | 51 | |
| Operating Expenses | 242↑42.5% | 170↓54.8% | 375↑110.4% | 178↑28.1% | 139 | |
| Total Costs & Expenses | 660↑6.6% | 619↓17.1% | 746↑182.5% | 264↑68.1% | 157 | |
| Operating Results | ||||||
| Operating Income | -72↑47.9% | -137↑31.3% | -200↓233.6% | 150↓1.3% | 152 | |
| Depreciation & Amortization | 0.00↓100.0% | 8↓2.7% | 8↓5.8% | 9↑27.2% | 7 | |
| EBITDA | -72↑44.7% | -129↑32.6% | -192↓221.0% | 159↓0.1% | 159 | |
| EBIT | -72↑47.9% | -137↑31.3% | -200↓233.6% | 150↓1.3% | 152 | |
| Interest & Other Income | ||||||
| Net Interest Income | 187↑2.6% | 183↓9.7% | 202↓36.5% | 319↑36.6% | 233 | |
| Interest Income | 541↓11.5% | 611↑6.5% | 574↑42.0% | 404↑63.4% | 247 | |
| Interest Expense | 354↓17.5% | 428↑15.3% | 371↑336.0% | 85↑511.4% | 14 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | -72↑47.9% | -137↑31.3% | -200↓233.6% | 150↓1.3% | 152 | |
| Income Tax Expense | 84↑285.9% | -45↓4397.3% | -1↓102.5% | 39↓7.1% | 42 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -155↓67.9% | -92↑53.6% | -199↓280.1% | 111↑0.9% | 110 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -155↓67.9% | -92↑53.6% | -199↓280.1% | 111↑0.9% | 110 | |
| Bottom-Line Net Income | -155↓67.9% | -92↑53.6% | -199↓280.1% | 111↑0.9% | 110 | |
| EPS (Basic) | -1.88↓33.3% | -1.41↑60.1% | -3.53↓280.1% | 1.96↓19.0% | 2.42 | |
| EPS (Diluted) | -1.88↓33.3% | -1.41↑60.1% | -3.53↓280.1% | 1.96↓18.7% | 2.41 | |
| Weighted Average Shares | 83↑25.8% | 66↑16.3% | 56↑0.0% | 56↑26.4% | 45 | |
| Weighted Average Diluted Shares | 83↑25.8% | 66↑16.3% | 56↓0.1% | 56↑25.8% | 45 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.