earnings
confidence high
sentiment neutral
materiality 0.75
loanDepot Q4 revenue $257M, net loss $67M; FY revenue up 9% to $1.06B, adjusted EBITDA $84M
loanDepot, Inc.
- Full-year revenue $1.06B (+9% YoY); net loss $202M improved from $236M.
- Q4 net loss $67M vs $60M prior year; adjusted net loss $47M vs $27M.
- Adjusted EBITDA $84M for FY2024, up from $6M in 2023.
- Reduced corporate debt by $137M; refinanced 2025 notes.
- Announced new leadership under Anthony Hsieh (founder returning).