loanDepot, Inc. (LDI) financial statements (2022 and earlier)

Company profile

Business Address 26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
State of Incorp.
Fiscal Year End December 31
SIC 6199 - Finance Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments492
Cash and cash equivalents420
Short-term investments73
Total current assets:492
Noncurrent Assets
Operating lease, right-of-use asset56
Property, plant and equipment104
Long-term investments and receivables19
Long-term investments19
Intangible assets, net (including goodwill), including:42
Goodwill41
Intangible assets, net (excluding goodwill)1
Other undisclosed intangible assets, net (including goodwill)0
Total noncurrent assets:221
Other undisclosed assets11,099
TOTAL ASSETS:11,812
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt7,457
Total current liabilities:7,457
Noncurrent Liabilities
Liabilities, other than long-term debt193
Deferred income tax liabilities193
Total noncurrent liabilities:193
Other undisclosed liabilities2,533
Total liabilities:10,183
Stockholders' equity
Stockholders' equity attributable to parent523
Treasury stock, value(13)
Additional paid in capital565
Accumulated deficit(29)
Stockholders' equity attributable to noncontrolling interest1,106
Other undisclosed stockholders' equity0
Total stockholders' equity:1,629
TOTAL LIABILITIES AND EQUITY:11,812

Income statement (P&L) ($ in millions)

12/31/2021
Revenues813
Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset394
Net investment income262
Other income157
Cost of revenue(2,340)
Gross profit:(1,527)
Operating expenses(718)
Operating loss:(2,245)
Interest and debt expense(218)
Loss from continuing operations before equity method investments, income taxes:(2,463)
Other undisclosed income from continuing operations before income taxes3,130
Income from continuing operations before income taxes:667
Income tax expense(43)
Net income:623
Net loss attributable to noncontrolling interest(510)
Net income available to common stockholders, diluted:114

Comprehensive Income ($ in millions)

12/31/2021
Net income:623
Comprehensive income:623
Comprehensive loss, net of tax, attributable to noncontrolling interest(510)
Comprehensive income, net of tax, attributable to parent:114

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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