Annual Income Statements for Atlanticus
This table shows Atlanticus' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Atlanticus
This table shows Atlanticus' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
26 |
18 |
20 |
19 |
19 |
20 |
20 |
18 |
23 |
26 |
28 |
Consolidated Net Income / (Loss) |
|
32 |
24 |
26 |
25 |
25 |
26 |
26 |
24 |
29 |
31 |
31 |
Net Income / (Loss) Continuing Operations |
|
32 |
24 |
26 |
25 |
25 |
26 |
26 |
24 |
29 |
31 |
31 |
Total Pre-Tax Income |
|
39 |
30 |
34 |
32 |
32 |
31 |
33 |
29 |
37 |
40 |
41 |
Total Revenue |
|
93 |
82 |
87 |
89 |
89 |
92 |
96 |
91 |
105 |
124 |
119 |
Net Interest Income / (Expense) |
|
208 |
197 |
192 |
204 |
207 |
204 |
207 |
218 |
230 |
225 |
219 |
Total Interest Income |
|
229 |
221 |
217 |
228 |
235 |
237 |
242 |
256 |
272 |
269 |
267 |
Loans and Leases Interest Income |
|
218 |
212 |
210 |
220 |
225 |
225 |
230 |
242 |
255 |
252 |
248 |
Other Interest Income |
|
11 |
8.78 |
6.92 |
7.84 |
10 |
12 |
12 |
14 |
17 |
18 |
19 |
Total Interest Expense |
|
22 |
24 |
24 |
24 |
28 |
33 |
35 |
38 |
42 |
45 |
48 |
Long-Term Debt Interest Expense |
|
22 |
24 |
24 |
24 |
28 |
33 |
35 |
38 |
42 |
45 |
48 |
Total Non-Interest Income |
|
-115 |
-114 |
-105 |
-115 |
-118 |
-112 |
-111 |
-127 |
-125 |
-101 |
-100 |
Other Service Charges |
|
49 |
48 |
44 |
63 |
60 |
72 |
48 |
60 |
79 |
84 |
78 |
Other Non-Interest Income |
|
-164 |
-162 |
-150 |
-178 |
-178 |
-184 |
-159 |
-186 |
-204 |
-184 |
-178 |
Provision for Credit Losses |
|
0.38 |
0.54 |
0.70 |
0.31 |
0.54 |
0.60 |
2.94 |
1.75 |
4.63 |
7.05 |
1.07 |
Total Non-Interest Expense |
|
53 |
53 |
52 |
56 |
56 |
61 |
61 |
61 |
63 |
78 |
77 |
Salaries and Employee Benefits |
|
10 |
11 |
11 |
11 |
11 |
11 |
13 |
12 |
12 |
13 |
16 |
Marketing Expense |
|
11 |
11 |
10 |
14 |
13 |
15 |
10 |
14 |
15 |
17 |
20 |
Other Operating Expenses |
|
31 |
30 |
31 |
31 |
32 |
34 |
36 |
35 |
35 |
47 |
41 |
Depreciation Expense |
|
0.49 |
0.55 |
0.62 |
0.64 |
0.65 |
0.65 |
0.65 |
0.65 |
0.66 |
0.75 |
0.80 |
Nonoperating Income / (Expense), net |
|
0.08 |
0.43 |
0.06 |
0.09 |
-0.01 |
0.49 |
0.53 |
0.38 |
0.27 |
0.31 |
0.29 |
Income Tax Expense |
|
6.95 |
6.09 |
8.19 |
7.20 |
6.79 |
4.43 |
7.00 |
4.48 |
8.10 |
8.90 |
9.75 |
Preferred Stock Dividends Declared |
|
6.30 |
6.32 |
6.23 |
6.29 |
6.34 |
6.34 |
6.29 |
6.31 |
6.32 |
5.01 |
3.57 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
-0.20 |
-0.30 |
-0.32 |
-0.28 |
-0.27 |
-0.03 |
-0.35 |
-0.15 |
-0.35 |
-0.33 |
-0.40 |
Basic Earnings per Share |
|
$1.81 |
$1.24 |
$1.38 |
$1.30 |
$1.30 |
$1.37 |
$1.35 |
$1.22 |
$1.58 |
$1.77 |
$1.85 |
Weighted Average Basic Shares Outstanding |
|
14.45M |
14.45M |
14.46M |
14.43M |
14.59M |
14.61M |
14.79M |
14.74M |
14.74M |
15.12M |
15.13M |
Diluted Earnings per Share |
|
$1.41 |
$1.00 |
$1.08 |
$1.02 |
$1.03 |
$1.11 |
$1.09 |
$0.99 |
$1.27 |
$1.42 |
$1.49 |
Weighted Average Diluted Shares Outstanding |
|
14.45M |
14.45M |
14.46M |
14.43M |
14.59M |
14.61M |
14.79M |
14.74M |
14.74M |
15.12M |
15.13M |
Weighted Average Basic & Diluted Shares Outstanding |
|
14.45M |
14.45M |
14.46M |
14.43M |
14.59M |
14.61M |
14.79M |
14.74M |
14.74M |
15.12M |
15.13M |
Annual Cash Flow Statements for Atlanticus
This table details how cash moves in and out of Atlanticus' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-11 |
11 |
25 |
-22 |
71 |
35 |
83 |
248 |
-73 |
-50 |
116 |
Net Cash From Operating Activities |
|
-21 |
0.86 |
39 |
-26 |
43 |
100 |
213 |
212 |
348 |
459 |
469 |
Net Cash From Continuing Operating Activities |
|
-21 |
0.86 |
39 |
-26 |
144 |
100 |
213 |
212 |
348 |
459 |
468 |
Net Income / (Loss) Continuing Operations |
|
7.33 |
1.71 |
-6.34 |
-41 |
7.61 |
26 |
94 |
178 |
135 |
102 |
110 |
Consolidated Net Income / (Loss) |
|
7.33 |
1.71 |
-6.34 |
-41 |
7.61 |
26 |
94 |
178 |
135 |
102 |
110 |
Provision For Loan Losses |
|
31 |
27 |
54 |
78 |
100 |
248 |
143 |
36 |
1.25 |
2.15 |
16 |
Depreciation Expense |
|
68 |
41 |
7.48 |
1.02 |
0.99 |
7.69 |
7.95 |
2.49 |
4.85 |
4.04 |
5.19 |
Amortization Expense |
|
-33 |
-40 |
-41 |
-58 |
-72 |
-112 |
-105 |
-161 |
-132 |
-16 |
-14 |
Non-Cash Adjustments to Reconcile Net Income |
|
-53 |
-24 |
2.18 |
-9.09 |
1.29 |
-17 |
-9.38 |
22 |
21 |
-84 |
-113 |
Changes in Operating Assets and Liabilities, net |
|
-40 |
-3.33 |
23 |
2.56 |
5.13 |
-54 |
82 |
135 |
318 |
451 |
463 |
Net Cash From Investing Activities |
|
29 |
15 |
-76 |
-80 |
-135 |
-434 |
-293 |
-475 |
-682 |
-672 |
-747 |
Net Cash From Continuing Investing Activities |
|
29 |
15 |
-76 |
-80 |
1,084 |
-434 |
-293 |
-475 |
-682 |
-672 |
-747 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-4.07 |
-0.88 |
-0.35 |
-0.40 |
-1.38 |
-0.25 |
-0.75 |
- |
-4.85 |
-3.99 |
-1.79 |
Purchase of Investment Securities |
|
-219 |
-271 |
-381 |
-467 |
-608 |
-1,099 |
-1,331 |
-2,026 |
-2,546 |
-2,516 |
-2,629 |
Sale and/or Maturity of Investments |
|
244 |
276 |
296 |
383 |
472 |
664 |
1,039 |
1,550 |
1,869 |
1,848 |
1,884 |
Other Investing Activities, net |
|
8.12 |
11 |
9.42 |
3.64 |
2.35 |
1.52 |
- |
0.56 |
- |
0.00 |
0.00 |
Net Cash From Financing Activities |
|
-18 |
-3.57 |
63 |
85 |
162 |
369 |
162 |
510 |
261 |
163 |
394 |
Net Cash From Continuing Financing Activities |
|
-18 |
-3.56 |
63 |
85 |
1,102 |
369 |
162 |
510 |
261 |
163 |
394 |
Issuance of Debt |
|
116 |
165 |
242 |
325 |
632 |
873 |
588 |
1,066 |
681 |
955 |
1,029 |
Issuance of Preferred Equity |
|
- |
- |
- |
- |
0.00 |
40 |
0.00 |
75 |
0.44 |
1.12 |
1.08 |
Issuance of Common Equity |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.00 |
7.07 |
Repayment of Debt |
|
-134 |
-168 |
-178 |
-240 |
-470 |
-592 |
-460 |
-586 |
-310 |
-754 |
-566 |
Repurchase of Common Equity |
|
-0.26 |
-0.26 |
-0.95 |
-0.39 |
-0.72 |
-2.52 |
-3.35 |
-25 |
-89 |
-18 |
-53 |
Payment of Dividends |
|
-0.14 |
-0.00 |
- |
- |
- |
0.00 |
-14 |
-22 |
-25 |
-25 |
-26 |
Other Financing Activities, Net |
|
- |
0.01 |
0.00 |
0.01 |
0.05 |
50 |
51 |
2.27 |
3.85 |
3.41 |
0.89 |
Effect of Exchange Rate Changes |
|
-1.01 |
-0.72 |
-1.62 |
0.17 |
1.01 |
-0.35 |
0.02 |
-0.01 |
-0.04 |
0.00 |
0.00 |
Cash Interest Paid |
|
24 |
18 |
19 |
25 |
33 |
46 |
47 |
48 |
75 |
99 |
146 |
Cash Income Taxes Paid |
|
0.07 |
1.12 |
0.44 |
0.26 |
4.75 |
0.02 |
0.33 |
20 |
4.25 |
1.47 |
0.23 |
Quarterly Cash Flow Statements for Atlanticus
This table details how cash moves in and out of Atlanticus' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
20 |
47 |
1.32 |
-40 |
5.62 |
-16 |
99 |
-75 |
-22 |
115 |
-38 |
Net Cash From Operating Activities |
|
93 |
102 |
102 |
108 |
117 |
133 |
119 |
116 |
112 |
123 |
132 |
Net Cash From Continuing Operating Activities |
|
93 |
102 |
102 |
108 |
117 |
133 |
119 |
116 |
112 |
121 |
131 |
Net Income / (Loss) Continuing Operations |
|
32 |
24 |
26 |
25 |
25 |
26 |
26 |
24 |
29 |
31 |
31 |
Consolidated Net Income / (Loss) |
|
32 |
24 |
26 |
25 |
25 |
26 |
26 |
24 |
29 |
31 |
31 |
Provision For Loan Losses |
|
0.38 |
0.54 |
0.70 |
0.31 |
0.54 |
0.60 |
2.94 |
1.75 |
4.63 |
7.05 |
1.07 |
Depreciation Expense |
|
0.69 |
0.75 |
0.84 |
0.85 |
1.09 |
1.26 |
1.25 |
1.25 |
1.28 |
1.40 |
1.60 |
Amortization Expense |
|
-39 |
-26 |
-33 |
-47 |
67 |
-3.67 |
-4.04 |
-46 |
64 |
-3.11 |
-3.13 |
Non-Cash Adjustments to Reconcile Net Income |
|
0.72 |
22 |
0.75 |
0.85 |
404 |
-490 |
-17 |
0.30 |
456 |
-569 |
-24 |
Changes in Operating Assets and Liabilities, net |
|
97 |
82 |
106 |
128 |
-381 |
598 |
110 |
134 |
-443 |
654 |
124 |
Net Cash From Investing Activities |
|
-170 |
-158 |
-53 |
-188 |
-220 |
-211 |
-68 |
-197 |
-306 |
-176 |
-115 |
Net Cash From Continuing Investing Activities |
|
-170 |
-158 |
-53 |
-188 |
-220 |
-211 |
-68 |
-197 |
-306 |
-176 |
-115 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.70 |
-3.55 |
-2.77 |
-1.03 |
- |
- |
-0.06 |
-0.07 |
- |
- |
-2.68 |
Purchase of Investment Securities |
|
-653 |
-599 |
-545 |
-647 |
-672 |
-652 |
-560 |
-678 |
-764 |
-627 |
-621 |
Sale and/or Maturity of Investments |
|
484 |
445 |
495 |
460 |
449 |
445 |
492 |
481 |
458 |
452 |
509 |
Other Investing Activities, net |
|
- |
- |
- |
- |
- |
- |
0.00 |
- |
- |
- |
0.00 |
Net Cash From Financing Activities |
|
98 |
102 |
-47 |
40 |
108 |
62 |
47 |
6.43 |
171 |
168 |
-55 |
Net Cash From Continuing Financing Activities |
|
98 |
102 |
-47 |
40 |
108 |
62 |
47 |
6.43 |
171 |
168 |
-55 |
Issuance of Debt |
|
231 |
199 |
55 |
197 |
420 |
283 |
162 |
317 |
275 |
276 |
300 |
Issuance of Preferred Equity |
|
0.19 |
0.25 |
1.07 |
0.04 |
0.01 |
- |
1.07 |
- |
- |
0.01 |
0.31 |
Issuance of Common Equity |
|
- |
- |
- |
- |
- |
- |
0.00 |
- |
- |
- |
12 |
Repayment of Debt |
|
-118 |
-91 |
-95 |
-148 |
-299 |
-212 |
-109 |
-303 |
-70 |
-85 |
-311 |
Repurchase of Common Equity |
|
-11 |
- |
-1.98 |
-2.99 |
-9.40 |
-3.31 |
-0.54 |
-1.27 |
-26 |
-25 |
-51 |
Payment of Dividends |
|
-6.19 |
-6.23 |
-6.25 |
-6.18 |
-6.22 |
-6.26 |
-6.26 |
-6.24 |
-7.24 |
-6.00 |
-5.62 |
Other Financing Activities, Net |
|
0.81 |
0.21 |
0.02 |
0.04 |
3.03 |
0.32 |
-0.15 |
0.05 |
0.03 |
0.96 |
0.41 |
Cash Interest Paid |
|
20 |
22 |
23 |
22 |
25 |
29 |
33 |
32 |
40 |
41 |
43 |
Cash Income Taxes Paid |
|
0.04 |
0.01 |
0.03 |
0.40 |
1.25 |
-0.22 |
-0.04 |
0.22 |
0.01 |
0.04 |
0.04 |
Annual Balance Sheets for Atlanticus
This table presents Atlanticus' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
268 |
281 |
363 |
426 |
583 |
936 |
1,207 |
1,944 |
2,388 |
2,706 |
3,271 |
Cash and Due from Banks |
|
40 |
51 |
76 |
41 |
61 |
135 |
178 |
410 |
385 |
339 |
375 |
Restricted Cash |
|
23 |
21 |
17 |
29 |
81 |
41 |
81 |
97 |
48 |
44 |
124 |
Loans and Leases, Net of Allowance |
|
0.00 |
169 |
601 |
294 |
664 |
726 |
920 |
384 |
1,922 |
2,174 |
2,630 |
Loans and Leases |
|
- |
169 |
601 |
294 |
418 |
726 |
920 |
384 |
1,923 |
2,174 |
2,630 |
Premises and Equipment, Net |
|
7.04 |
5.69 |
3.83 |
3.23 |
3.63 |
2.74 |
2.24 |
7.34 |
10 |
11 |
11 |
Other Assets |
|
75 |
24 |
35 |
53 |
16 |
29 |
24 |
1,046 |
23 |
138 |
130 |
Total Liabilities & Shareholders' Equity |
|
268 |
281 |
363 |
426 |
583 |
936 |
1,207 |
1,944 |
2,388 |
2,706 |
3,271 |
Total Liabilities |
|
261 |
270 |
357 |
462 |
605 |
847 |
991 |
1,517 |
1,923 |
2,174 |
2,691 |
Long-Term Debt |
|
200 |
196 |
254 |
337 |
499 |
777 |
910 |
1,422 |
1,798 |
2,006 |
2,481 |
Other Long-Term Liabilities |
|
61 |
22 |
16 |
9.13 |
0.25 |
70 |
40 |
53 |
125 |
168 |
210 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Redeemable Noncontrolling Interest |
|
- |
- |
- |
- |
0.00 |
89 |
139 |
140 |
140 |
140 |
90 |
Total Equity & Noncontrolling Interests |
|
7.44 |
11 |
5.78 |
-36 |
-22 |
0.34 |
77 |
287 |
325 |
392 |
489 |
Total Preferred & Common Equity |
|
7.44 |
11 |
5.79 |
-36 |
-22 |
0.91 |
77 |
288 |
326 |
395 |
493 |
Preferred Stock |
|
- |
- |
- |
- |
- |
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
7.44 |
11 |
5.79 |
-36 |
-22 |
0.91 |
77 |
288 |
326 |
395 |
493 |
Common Stock |
|
211 |
211 |
212 |
213 |
213 |
213 |
195 |
228 |
122 |
87 |
98 |
Retained Earnings |
|
-201 |
-200 |
-206 |
-247 |
-239 |
-212 |
-118 |
60 |
204 |
307 |
395 |
Noncontrolling Interest |
|
0.00 |
-0.01 |
-0.01 |
-0.09 |
-0.34 |
-0.57 |
-0.77 |
-0.50 |
-1.37 |
-2.26 |
-3.54 |
Quarterly Balance Sheets for Atlanticus
This table presents Atlanticus' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q2 2022 |
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
2,116 |
2,252 |
2,375 |
2,455 |
2,597 |
2,787 |
2,837 |
3,040 |
3,272 |
Cash and Due from Banks |
|
316 |
353 |
390 |
343 |
356 |
445 |
351 |
309 |
350 |
Restricted Cash |
|
50 |
34 |
45 |
52 |
44 |
37 |
56 |
76 |
111 |
Loans and Leases, Net of Allowance |
|
1,703 |
1,817 |
0.00 |
1,916 |
2,050 |
2,151 |
0.00 |
2,512 |
2,669 |
Loans and Leases |
|
1,703 |
1,817 |
- |
1,916 |
2,050 |
2,151 |
- |
2,512 |
2,669 |
Premises and Equipment, Net |
|
6.79 |
7.00 |
12 |
13 |
12 |
11 |
10 |
9.68 |
12 |
Other Assets |
|
40 |
41 |
1,929 |
132 |
135 |
143 |
2,420 |
134 |
130 |
Total Liabilities & Shareholders' Equity |
|
2,116 |
2,252 |
2,375 |
2,455 |
2,597 |
2,787 |
2,837 |
3,040 |
3,272 |
Total Liabilities |
|
1,687 |
1,806 |
1,891 |
1,953 |
2,082 |
2,234 |
2,266 |
2,471 |
2,703 |
Long-Term Debt |
|
1,573 |
1,688 |
1,759 |
1,810 |
1,932 |
2,062 |
2,079 |
2,286 |
2,474 |
Other Long-Term Liabilities |
|
67 |
75 |
131 |
96 |
102 |
113 |
187 |
184 |
229 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Redeemable Noncontrolling Interest |
|
140 |
140 |
140 |
140 |
140 |
140 |
140 |
115 |
40 |
Total Equity & Noncontrolling Interests |
|
289 |
306 |
345 |
361 |
375 |
413 |
431 |
454 |
529 |
Total Preferred & Common Equity |
|
290 |
307 |
346 |
363 |
377 |
416 |
434 |
458 |
533 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
290 |
307 |
346 |
363 |
377 |
416 |
434 |
458 |
533 |
Common Stock |
|
142 |
127 |
116 |
108 |
96 |
89 |
89 |
89 |
110 |
Retained Earnings |
|
148 |
180 |
231 |
256 |
281 |
327 |
345 |
368 |
423 |
Noncontrolling Interest |
|
-0.98 |
-1.18 |
-1.69 |
-1.96 |
-2.23 |
-2.75 |
-2.91 |
-3.26 |
-3.86 |
Annual Metrics And Ratios for Atlanticus
This table displays calculated financial ratios and metrics derived from Atlanticus' official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
40.84% |
-10.26% |
-23.98% |
17.22% |
78.70% |
67.99% |
-1.63% |
10.41% |
-12.31% |
-7.97% |
16.83% |
EBITDA Growth |
|
270.38% |
-50.16% |
-1,317.59% |
-64.59% |
70.28% |
-219.86% |
119.68% |
300.89% |
-62.86% |
445.26% |
11.21% |
EBIT Growth |
|
-19.87% |
112.95% |
-449.53% |
-58.22% |
349.91% |
-34.99% |
249.43% |
94.05% |
-31.07% |
-13.83% |
7.16% |
NOPAT Growth |
|
-19.87% |
108.93% |
-606.99% |
-282.41% |
123.01% |
244.32% |
247.67% |
91.38% |
-23.23% |
-24.22% |
7.36% |
Net Income Growth |
|
141.48% |
-76.72% |
-471.69% |
-544.57% |
118.62% |
244.32% |
258.33% |
89.30% |
-24.29% |
-24.26% |
8.00% |
EPS Growth |
|
139.53% |
-76.47% |
-483.33% |
-536.96% |
119.11% |
196.43% |
137.95% |
91.39% |
-22.88% |
-27.27% |
12.50% |
Operating Cash Flow Growth |
|
22.80% |
104.17% |
4,415.63% |
-167.85% |
261.90% |
133.25% |
112.81% |
-0.17% |
63.69% |
32.13% |
2.20% |
Free Cash Flow Firm Growth |
|
27.44% |
-88.73% |
-2,622.61% |
-19.13% |
-127.93% |
-116.25% |
53.81% |
-226.58% |
49.01% |
37.58% |
-136.24% |
Invested Capital Growth |
|
-16.47% |
-0.36% |
25.79% |
15.67% |
58.47% |
81.83% |
29.91% |
64.24% |
22.38% |
12.20% |
20.54% |
Revenue Q/Q Growth |
|
2.05% |
-6.45% |
-2.51% |
17.24% |
90.98% |
-14.29% |
-2.21% |
8.69% |
-10.34% |
2.73% |
8.41% |
EBITDA Q/Q Growth |
|
-38.34% |
-66.48% |
-32.79% |
10.86% |
81.39% |
-182.84% |
121.72% |
39.46% |
-54.87% |
26.29% |
2,781.92% |
EBIT Q/Q Growth |
|
2.20% |
312.49% |
-50.21% |
43.89% |
193.85% |
-82.10% |
130.06% |
18.27% |
-18.12% |
0.68% |
7.32% |
NOPAT Q/Q Growth |
|
2.20% |
-95.64% |
-50.21% |
-54.04% |
131.97% |
-34.91% |
30.85% |
16.48% |
-16.20% |
2.55% |
4.69% |
Net Income Q/Q Growth |
|
130.47% |
-95.64% |
-0.25% |
-65.99% |
119.04% |
-50.65% |
34.86% |
15.01% |
-16.27% |
2.60% |
4.46% |
EPS Q/Q Growth |
|
129.65% |
-95.70% |
-2.22% |
-64.61% |
123.33% |
-48.45% |
35.74% |
15.24% |
-16.24% |
2.66% |
6.95% |
Operating Cash Flow Q/Q Growth |
|
18.01% |
109.30% |
19.17% |
-1,253.38% |
366.09% |
-12.88% |
19.85% |
3.92% |
9.11% |
7.16% |
-2.10% |
Free Cash Flow Firm Q/Q Growth |
|
5.80% |
-94.47% |
-48.41% |
10.96% |
-126.00% |
-23.68% |
20.43% |
-95.77% |
51.37% |
18.37% |
-35.51% |
Invested Capital Q/Q Growth |
|
-1.66% |
0.48% |
7.57% |
-0.79% |
34.72% |
25.93% |
16.18% |
32.16% |
6.02% |
3.74% |
7.17% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
4.51% |
2.50% |
-40.09% |
-56.29% |
-9.36% |
-17.82% |
3.57% |
12.95% |
5.48% |
32.49% |
30.93% |
EBIT Margin |
|
-16.12% |
2.33% |
-10.69% |
-14.44% |
20.19% |
7.81% |
27.75% |
48.78% |
38.34% |
35.90% |
32.93% |
Profit (Net Income) Margin |
|
4.33% |
1.12% |
-5.49% |
-30.18% |
3.15% |
6.45% |
23.48% |
40.26% |
34.77% |
28.61% |
26.45% |
Tax Burden Percent |
|
-26.83% |
48.26% |
51.32% |
86.50% |
218.61% |
82.52% |
82.10% |
80.97% |
90.18% |
79.31% |
79.45% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
241.69% |
7.13% |
100.00% |
103.07% |
101.95% |
100.54% |
100.49% |
101.09% |
Effective Tax Rate |
|
0.00% |
51.74% |
0.00% |
0.00% |
-118.61% |
17.48% |
17.90% |
19.03% |
9.82% |
20.69% |
20.55% |
Return on Invested Capital (ROIC) |
|
-8.39% |
0.82% |
-3.71% |
-11.80% |
1.96% |
3.90% |
9.15% |
11.72% |
6.51% |
4.23% |
3.89% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.44% |
0.82% |
-2.68% |
-14.43% |
1.96% |
3.90% |
9.48% |
12.02% |
6.56% |
4.25% |
3.94% |
Return on Net Nonoperating Assets (RNNOA) |
|
178.78% |
17.73% |
-72.11% |
281.13% |
-28.09% |
74.04% |
52.39% |
43.57% |
23.67% |
16.21% |
15.91% |
Return on Equity (ROE) |
|
170.40% |
18.55% |
-75.81% |
269.34% |
-26.13% |
77.94% |
61.54% |
55.30% |
30.18% |
20.44% |
19.80% |
Cash Return on Invested Capital (CROIC) |
|
9.56% |
1.19% |
-26.55% |
-26.32% |
-43.29% |
-54.17% |
-16.87% |
-36.90% |
-13.61% |
-7.28% |
-14.74% |
Operating Return on Assets (OROA) |
|
-8.80% |
1.29% |
-3.84% |
-4.96% |
9.69% |
4.18% |
10.36% |
13.67% |
6.85% |
5.02% |
4.59% |
Return on Assets (ROA) |
|
2.36% |
0.62% |
-1.97% |
-10.37% |
1.51% |
3.45% |
8.76% |
11.28% |
6.22% |
4.00% |
3.68% |
Return on Common Equity (ROCE) |
|
170.49% |
18.56% |
-75.89% |
268.41% |
-25.94% |
-24.20% |
15.76% |
31.41% |
20.78% |
14.77% |
15.81% |
Return on Equity Simple (ROE_SIMPLE) |
|
98.47% |
15.57% |
-109.57% |
113.43% |
-34.93% |
2,892.94% |
121.52% |
61.73% |
41.24% |
25.83% |
22.34% |
Net Operating Profit after Tax (NOPAT) |
|
-19 |
1.71 |
-8.65 |
-33 |
7.61 |
26 |
91 |
174 |
134 |
101 |
109 |
NOPAT Margin |
|
-11.29% |
1.12% |
-7.49% |
-24.42% |
3.15% |
6.45% |
22.79% |
39.49% |
34.58% |
28.47% |
26.16% |
Net Nonoperating Expense Percent (NNEP) |
|
-11.82% |
0.00% |
-1.03% |
2.64% |
0.00% |
0.00% |
-0.33% |
-0.29% |
-0.05% |
-0.03% |
-0.05% |
SG&A Expenses to Revenue |
|
13.08% |
14.51% |
31.19% |
26.45% |
22.37% |
15.40% |
16.03% |
20.53% |
27.24% |
27.03% |
25.54% |
Operating Expenses to Revenue |
|
97.92% |
80.17% |
64.20% |
64.11% |
38.12% |
31.09% |
36.56% |
42.97% |
61.33% |
63.49% |
63.14% |
Earnings before Interest and Taxes (EBIT) |
|
-27 |
3.54 |
-12 |
-20 |
49 |
32 |
111 |
215 |
148 |
128 |
137 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
7.63 |
3.80 |
-46 |
-76 |
-23 |
-72 |
14 |
57 |
21 |
116 |
129 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
4.40 |
4.05 |
6.83 |
0.00 |
0.00 |
157.82 |
5.09 |
3.74 |
1.16 |
1.43 |
1.67 |
Price to Tangible Book Value (P/TBV) |
|
4.40 |
4.05 |
6.83 |
0.00 |
0.00 |
157.82 |
5.09 |
3.74 |
1.16 |
1.43 |
1.67 |
Price to Revenue (P/Rev) |
|
0.19 |
0.29 |
0.34 |
0.25 |
0.23 |
0.35 |
0.98 |
2.44 |
0.98 |
1.58 |
1.97 |
Price to Earnings (P/E) |
|
4.56 |
25.92 |
0.00 |
0.00 |
7.12 |
5.65 |
5.10 |
6.92 |
3.42 |
7.26 |
9.41 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
21.91% |
3.86% |
0.00% |
0.00% |
14.04% |
17.69% |
19.60% |
14.45% |
29.20% |
13.76% |
10.63% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.81 |
0.81 |
0.77 |
0.99 |
0.87 |
0.96 |
1.05 |
1.15 |
0.83 |
0.92 |
0.94 |
Enterprise Value to Revenue (EV/Rev) |
|
1.00 |
1.10 |
1.74 |
2.21 |
1.70 |
2.05 |
2.96 |
4.83 |
4.86 |
6.52 |
6.94 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
22.08 |
44.09 |
0.00 |
0.00 |
0.00 |
0.00 |
82.94 |
37.27 |
88.61 |
20.08 |
22.44 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
47.45 |
0.00 |
0.00 |
8.44 |
26.20 |
10.66 |
9.89 |
12.67 |
18.17 |
21.08 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
98.32 |
0.00 |
0.00 |
54.19 |
31.75 |
12.98 |
12.22 |
14.05 |
22.91 |
26.53 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
194.14 |
5.14 |
0.00 |
9.62 |
8.33 |
5.56 |
10.03 |
5.41 |
5.06 |
6.16 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
7.73 |
68.30 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
26.88 |
17.88 |
44.01 |
-9.32 |
-22.54 |
8.70 |
4.22 |
3.33 |
3.87 |
3.77 |
4.28 |
Long-Term Debt to Equity |
|
26.88 |
17.88 |
44.01 |
-9.32 |
-22.54 |
8.70 |
4.22 |
3.33 |
3.87 |
3.77 |
4.28 |
Financial Leverage |
|
52.00 |
21.52 |
26.90 |
-19.48 |
-14.34 |
18.97 |
5.53 |
3.63 |
3.61 |
3.81 |
4.04 |
Leverage Ratio |
|
72.16 |
29.85 |
38.46 |
-25.97 |
-17.31 |
22.58 |
7.02 |
4.90 |
4.86 |
5.11 |
5.38 |
Compound Leverage Factor |
|
72.16 |
29.85 |
38.46 |
-62.76 |
-1.23 |
22.58 |
7.24 |
5.00 |
4.88 |
5.13 |
5.43 |
Debt to Total Capital |
|
96.41% |
94.70% |
97.78% |
112.01% |
104.64% |
89.69% |
80.83% |
76.90% |
79.45% |
79.02% |
81.07% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
96.41% |
94.70% |
97.78% |
112.01% |
104.64% |
89.69% |
80.83% |
76.90% |
79.45% |
79.02% |
81.07% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
-0.03% |
-0.07% |
10.21% |
12.31% |
7.53% |
6.12% |
5.44% |
2.83% |
Common Equity to Total Capital |
|
3.59% |
5.30% |
2.23% |
-11.98% |
-4.57% |
0.10% |
6.87% |
15.58% |
14.43% |
15.55% |
16.11% |
Debt to EBITDA |
|
26.20 |
51.46 |
-5.49 |
-4.42 |
-22.01 |
-10.73 |
63.81 |
24.87 |
84.67 |
17.33 |
19.27 |
Net Debt to EBITDA |
|
17.79 |
32.43 |
-3.48 |
-3.49 |
-15.75 |
-8.29 |
45.65 |
16.01 |
64.26 |
14.01 |
15.39 |
Long-Term Debt to EBITDA |
|
26.20 |
51.46 |
-5.49 |
-4.42 |
-22.01 |
-10.73 |
63.81 |
24.87 |
84.67 |
17.33 |
19.27 |
Debt to NOPAT |
|
-10.46 |
114.74 |
-29.39 |
-10.19 |
65.52 |
29.65 |
9.99 |
8.15 |
13.43 |
19.77 |
22.78 |
Net Debt to NOPAT |
|
-7.10 |
72.30 |
-18.62 |
-8.04 |
46.88 |
22.92 |
7.14 |
5.25 |
10.19 |
15.99 |
18.19 |
Long-Term Debt to NOPAT |
|
-10.46 |
114.74 |
-29.39 |
-10.19 |
65.52 |
29.65 |
9.99 |
8.15 |
13.43 |
19.77 |
22.78 |
Noncontrolling Interest Sharing Ratio |
|
-0.06% |
-0.04% |
-0.11% |
0.34% |
0.74% |
131.05% |
74.38% |
43.19% |
31.13% |
27.72% |
20.18% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
22 |
2.46 |
-62 |
-74 |
-168 |
-364 |
-168 |
-549 |
-280 |
-175 |
-413 |
Operating Cash Flow to CapEx |
|
-509.69% |
97.74% |
11,179.08% |
-6,701.27% |
3,098.77% |
39,985.20% |
28,402.40% |
0.00% |
7,164.67% |
11,505.94% |
26,238.40% |
Free Cash Flow to Firm to Interest Expense |
|
0.91 |
0.13 |
-3.07 |
0.00 |
-4.56 |
-7.17 |
-3.26 |
-10.14 |
-3.42 |
-1.60 |
-2.58 |
Operating Cash Flow to Interest Expense |
|
-0.86 |
0.05 |
1.93 |
0.00 |
1.16 |
1.97 |
4.13 |
3.92 |
4.25 |
4.20 |
2.93 |
Operating Cash Flow Less CapEx to Interest Expense |
|
-1.03 |
0.00 |
1.91 |
0.00 |
1.12 |
1.97 |
4.11 |
3.94 |
4.19 |
4.16 |
2.92 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.55 |
0.55 |
0.36 |
0.34 |
0.48 |
0.54 |
0.37 |
0.28 |
0.18 |
0.14 |
0.14 |
Fixed Asset Turnover |
|
21.20 |
23.89 |
24.28 |
38.38 |
70.62 |
127.79 |
160.67 |
92.23 |
44.64 |
33.21 |
37.91 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
207 |
207 |
260 |
301 |
477 |
867 |
1,126 |
1,849 |
2,263 |
2,539 |
3,060 |
Invested Capital Turnover |
|
0.74 |
0.73 |
0.50 |
0.48 |
0.62 |
0.61 |
0.40 |
0.30 |
0.19 |
0.15 |
0.15 |
Increase / (Decrease) in Invested Capital |
|
-41 |
-0.75 |
53 |
41 |
176 |
390 |
259 |
723 |
414 |
276 |
522 |
Enterprise Value (EV) |
|
169 |
168 |
201 |
299 |
412 |
832 |
1,183 |
2,131 |
1,882 |
2,325 |
2,890 |
Market Capitalization |
|
33 |
44 |
40 |
33 |
56 |
143 |
393 |
1,076 |
378 |
564 |
822 |
Book Value per Share |
|
$0.54 |
$0.79 |
$0.42 |
($2.60) |
($1.42) |
$0.06 |
$4.84 |
$19.08 |
$22.60 |
$27.06 |
$33.44 |
Tangible Book Value per Share |
|
$0.54 |
$0.79 |
$0.42 |
($2.60) |
($1.42) |
$0.06 |
$4.84 |
$19.08 |
$22.60 |
$27.06 |
$33.44 |
Total Capital |
|
207 |
207 |
260 |
301 |
477 |
867 |
1,126 |
1,849 |
2,263 |
2,539 |
3,060 |
Total Debt |
|
200 |
196 |
254 |
337 |
499 |
777 |
910 |
1,422 |
1,798 |
2,006 |
2,481 |
Total Long-Term Debt |
|
200 |
196 |
254 |
337 |
499 |
777 |
910 |
1,422 |
1,798 |
2,006 |
2,481 |
Net Debt |
|
136 |
123 |
161 |
266 |
357 |
601 |
651 |
915 |
1,364 |
1,622 |
1,981 |
Capital Expenditures (CapEx) |
|
4.07 |
0.88 |
0.35 |
0.40 |
1.38 |
0.25 |
0.75 |
-1.10 |
4.85 |
3.99 |
1.79 |
Net Nonoperating Expense (NNE) |
|
-26 |
0.00 |
-2.31 |
7.80 |
0.00 |
0.00 |
-2.79 |
-3.40 |
-0.73 |
-0.50 |
-1.18 |
Net Nonoperating Obligations (NNO) |
|
200 |
196 |
254 |
337 |
499 |
777 |
910 |
1,422 |
1,798 |
2,006 |
2,481 |
Total Depreciation and Amortization (D&A) |
|
35 |
0.27 |
-34 |
-57 |
-72 |
-104 |
-97 |
-158 |
-127 |
-12 |
-8.33 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.51 |
$0.12 |
($0.46) |
($2.93) |
$0.56 |
$1.74 |
$5.32 |
$10.32 |
$0.00 |
$5.35 |
$5.92 |
Adjusted Weighted Average Basic Shares Outstanding |
|
13.93M |
13.90M |
13.95M |
15.36M |
15.96M |
15.92M |
16.42M |
14.88M |
0.00 |
14.61M |
15.12M |
Adjusted Diluted Earnings per Share |
|
$0.51 |
$0.12 |
($0.46) |
($2.93) |
$0.56 |
$1.66 |
$3.95 |
$7.56 |
$0.00 |
$4.24 |
$4.77 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
13.93M |
13.90M |
13.95M |
15.36M |
15.96M |
15.92M |
16.42M |
14.88M |
0.00 |
14.61M |
15.12M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
13.93M |
13.90M |
13.95M |
15.36M |
15.96M |
15.92M |
16.42M |
14.88M |
0.00 |
14.61M |
15.12M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
-19 |
2.47 |
-8.65 |
-33 |
2.44 |
26 |
91 |
174 |
134 |
101 |
109 |
Normalized NOPAT Margin |
|
-11.29% |
1.63% |
-7.49% |
-24.42% |
1.01% |
6.45% |
22.79% |
39.49% |
34.58% |
28.47% |
26.16% |
Pre Tax Income Margin |
|
-16.12% |
2.33% |
-10.69% |
-34.89% |
1.44% |
7.81% |
28.60% |
49.73% |
38.55% |
36.08% |
33.29% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
-1.14 |
0.19 |
-0.61 |
0.00 |
1.32 |
0.63 |
2.15 |
3.98 |
1.81 |
1.17 |
0.86 |
NOPAT to Interest Expense |
|
-0.79 |
0.09 |
-0.43 |
0.00 |
0.21 |
0.52 |
1.77 |
3.22 |
1.64 |
0.93 |
0.68 |
EBIT Less CapEx to Interest Expense |
|
-1.30 |
0.14 |
-0.63 |
0.00 |
1.29 |
0.62 |
2.14 |
4.00 |
1.75 |
1.13 |
0.84 |
NOPAT Less CapEx to Interest Expense |
|
-0.96 |
0.04 |
-0.45 |
0.00 |
0.17 |
0.51 |
1.75 |
3.24 |
1.58 |
0.89 |
0.67 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
1.95% |
0.12% |
0.00% |
0.00% |
0.00% |
0.00% |
14.44% |
12.27% |
18.42% |
24.43% |
23.38% |
Augmented Payout Ratio |
|
5.46% |
15.30% |
-14.97% |
-0.95% |
9.50% |
9.60% |
18.01% |
26.45% |
84.54% |
41.77% |
71.22% |
Quarterly Metrics And Ratios for Atlanticus
This table displays calculated financial ratios and metrics derived from Atlanticus' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-20.49% |
-35.13% |
-19.27% |
-14.96% |
-4.26% |
11.46% |
10.37% |
3.08% |
17.95% |
35.14% |
24.03% |
EBITDA Growth |
|
105.98% |
-87.48% |
-82.83% |
-621.98% |
7,393.04% |
652.34% |
126.96% |
-14.97% |
2.16% |
36.17% |
32.36% |
EBIT Growth |
|
-32.17% |
-52.82% |
-9.45% |
-24.53% |
-19.04% |
2.94% |
-5.10% |
-11.61% |
16.53% |
30.94% |
25.66% |
NOPAT Growth |
|
-31.37% |
-52.59% |
-42.15% |
-26.37% |
-22.68% |
10.73% |
-1.74% |
-3.81% |
16.01% |
18.88% |
21.65% |
Net Income Growth |
|
-31.27% |
-52.47% |
-42.14% |
-26.58% |
-22.85% |
10.90% |
-0.29% |
-2.77% |
16.88% |
17.88% |
20.54% |
EPS Growth |
|
-28.06% |
-53.05% |
-44.90% |
-30.14% |
-26.95% |
11.00% |
0.93% |
-2.94% |
23.30% |
27.93% |
36.70% |
Operating Cash Flow Growth |
|
525.44% |
39.77% |
25.94% |
50.42% |
25.61% |
30.08% |
16.81% |
6.99% |
-3.85% |
-7.59% |
10.75% |
Free Cash Flow Firm Growth |
|
-83.53% |
42.08% |
41.11% |
55.17% |
59.04% |
35.89% |
12.06% |
-10.81% |
-31.83% |
-96.12% |
-14.88% |
Invested Capital Growth |
|
52.55% |
22.38% |
22.95% |
15.44% |
14.66% |
12.20% |
16.53% |
14.66% |
16.69% |
20.54% |
16.37% |
Revenue Q/Q Growth |
|
-11.10% |
-11.09% |
5.42% |
2.05% |
0.09% |
3.52% |
4.39% |
-4.69% |
14.52% |
18.60% |
-4.19% |
EBITDA Q/Q Growth |
|
-51.70% |
176.57% |
-37.56% |
-725.83% |
793.36% |
-72.23% |
-9.65% |
-417.02% |
716.11% |
-62.99% |
3.15% |
EBIT Q/Q Growth |
|
-7.25% |
-25.19% |
15.91% |
-6.16% |
-0.51% |
-4.88% |
6.86% |
-12.60% |
31.16% |
6.88% |
2.56% |
NOPAT Q/Q Growth |
|
-3.88% |
-27.72% |
10.71% |
-4.27% |
0.93% |
3.51% |
-1.75% |
-6.28% |
21.73% |
6.06% |
0.54% |
Net Income Q/Q Growth |
|
-4.22% |
-26.82% |
9.30% |
-4.17% |
0.64% |
5.21% |
-1.73% |
-6.55% |
20.98% |
6.11% |
0.49% |
EPS Q/Q Growth |
|
-3.42% |
-29.08% |
8.00% |
-5.56% |
0.98% |
7.77% |
-1.80% |
-9.17% |
28.28% |
11.81% |
4.93% |
Operating Cash Flow Q/Q Growth |
|
29.47% |
9.63% |
-0.29% |
6.28% |
8.12% |
13.52% |
-10.46% |
-2.65% |
-2.84% |
9.11% |
7.32% |
Free Cash Flow Firm Q/Q Growth |
|
-10.84% |
44.46% |
-0.69% |
27.67% |
-1.29% |
13.08% |
-38.11% |
8.86% |
-20.49% |
-29.31% |
19.10% |
Invested Capital Q/Q Growth |
|
6.61% |
6.02% |
-0.82% |
2.98% |
5.89% |
3.74% |
3.01% |
1.33% |
7.77% |
7.17% |
-0.56% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
1.44% |
4.48% |
2.65% |
-16.28% |
112.75% |
30.25% |
5.46% |
-18.15% |
97.66% |
30.48% |
32.81% |
EBIT Margin |
|
42.31% |
35.60% |
39.14% |
35.99% |
35.78% |
32.87% |
33.66% |
30.86% |
35.35% |
31.85% |
34.10% |
Profit (Net Income) Margin |
|
34.91% |
28.73% |
29.79% |
27.97% |
28.13% |
28.59% |
26.91% |
26.39% |
27.87% |
24.94% |
26.15% |
Tax Burden Percent |
|
82.33% |
79.54% |
75.98% |
77.51% |
78.64% |
85.57% |
78.67% |
84.35% |
78.28% |
77.69% |
76.15% |
Interest Burden Percent |
|
100.20% |
101.46% |
100.17% |
100.27% |
99.98% |
101.62% |
101.65% |
101.35% |
100.73% |
100.77% |
100.72% |
Effective Tax Rate |
|
17.67% |
20.46% |
24.02% |
22.49% |
21.36% |
14.43% |
21.33% |
15.65% |
21.72% |
22.31% |
23.85% |
Return on Invested Capital (ROIC) |
|
8.51% |
5.33% |
5.36% |
4.54% |
4.26% |
4.18% |
3.98% |
3.86% |
4.01% |
3.68% |
4.03% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
8.52% |
5.35% |
5.36% |
4.54% |
4.26% |
4.20% |
4.00% |
3.88% |
4.02% |
3.69% |
4.04% |
Return on Net Nonoperating Assets (RNNOA) |
|
26.99% |
19.32% |
18.93% |
16.51% |
16.05% |
16.00% |
14.73% |
14.06% |
15.63% |
14.89% |
16.34% |
Return on Equity (ROE) |
|
35.51% |
24.66% |
24.28% |
21.05% |
20.31% |
20.18% |
18.71% |
17.92% |
19.64% |
18.57% |
20.37% |
Cash Return on Invested Capital (CROIC) |
|
-32.57% |
-13.61% |
-14.93% |
-9.40% |
-9.34% |
-7.28% |
-11.12% |
-9.63% |
-11.48% |
-14.74% |
-11.08% |
Operating Return on Assets (OROA) |
|
9.78% |
6.36% |
6.68% |
5.52% |
5.12% |
4.60% |
4.76% |
4.29% |
4.82% |
4.44% |
4.94% |
Return on Assets (ROA) |
|
8.07% |
5.14% |
5.08% |
4.29% |
4.02% |
4.00% |
3.81% |
3.67% |
3.80% |
3.47% |
3.79% |
Return on Common Equity (ROCE) |
|
23.88% |
16.98% |
16.78% |
14.78% |
14.46% |
14.58% |
13.74% |
13.32% |
15.12% |
14.82% |
17.22% |
Return on Equity Simple (ROE_SIMPLE) |
|
52.29% |
0.00% |
33.41% |
29.38% |
26.37% |
0.00% |
24.49% |
23.33% |
23.03% |
0.00% |
21.66% |
Net Operating Profit after Tax (NOPAT) |
|
32 |
23 |
26 |
25 |
25 |
26 |
25 |
24 |
29 |
31 |
31 |
NOPAT Margin |
|
34.83% |
28.32% |
29.74% |
27.90% |
28.13% |
28.13% |
26.48% |
26.03% |
27.67% |
24.74% |
25.97% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
-0.02% |
0.00% |
0.00% |
0.00% |
-0.02% |
-0.02% |
-0.02% |
-0.01% |
-0.01% |
-0.01% |
SG&A Expenses to Revenue |
|
23.09% |
26.34% |
24.17% |
28.31% |
26.99% |
28.55% |
24.74% |
27.94% |
25.92% |
24.07% |
30.12% |
Operating Expenses to Revenue |
|
57.28% |
63.74% |
60.05% |
63.66% |
63.62% |
66.47% |
63.28% |
67.23% |
60.23% |
62.48% |
65.01% |
Earnings before Interest and Taxes (EBIT) |
|
39 |
29 |
34 |
32 |
32 |
30 |
32 |
28 |
37 |
40 |
41 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
1.34 |
3.70 |
2.31 |
-14 |
100 |
28 |
5.24 |
-17 |
102 |
38 |
39 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.24 |
1.16 |
1.13 |
1.67 |
1.16 |
1.43 |
1.04 |
0.96 |
1.13 |
1.67 |
1.45 |
Price to Tangible Book Value (P/TBV) |
|
1.24 |
1.16 |
1.13 |
1.67 |
1.16 |
1.43 |
1.04 |
0.96 |
1.13 |
1.67 |
1.45 |
Price to Revenue (P/Rev) |
|
0.88 |
0.98 |
1.07 |
1.73 |
1.26 |
1.58 |
1.18 |
1.13 |
1.35 |
1.97 |
1.76 |
Price to Earnings (P/E) |
|
2.78 |
3.42 |
4.27 |
7.34 |
5.80 |
7.26 |
5.58 |
5.43 |
6.38 |
9.41 |
8.10 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
35.94% |
29.20% |
23.39% |
13.62% |
17.23% |
13.76% |
17.93% |
18.40% |
15.67% |
10.63% |
12.34% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.85 |
0.83 |
0.83 |
0.94 |
0.86 |
0.92 |
0.82 |
0.84 |
0.89 |
0.94 |
0.93 |
Enterprise Value to Revenue (EV/Rev) |
|
4.21 |
4.86 |
5.06 |
6.16 |
6.08 |
6.52 |
5.88 |
6.05 |
6.59 |
6.94 |
6.42 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
38.68 |
88.61 |
183.61 |
0.00 |
22.99 |
20.08 |
0.00 |
0.00 |
0.00 |
22.44 |
20.41 |
Enterprise Value to EBIT (EV/EBIT) |
|
10.04 |
12.67 |
12.80 |
16.06 |
16.59 |
18.17 |
17.03 |
18.17 |
19.81 |
21.08 |
19.41 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
11.39 |
14.05 |
16.12 |
20.34 |
21.31 |
22.91 |
21.28 |
22.25 |
24.32 |
26.53 |
24.66 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
5.71 |
5.41 |
5.03 |
5.34 |
4.92 |
5.06 |
4.51 |
4.60 |
5.28 |
6.16 |
5.85 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
3.78 |
3.87 |
3.63 |
3.61 |
3.75 |
3.77 |
3.72 |
3.64 |
4.02 |
4.28 |
4.35 |
Long-Term Debt to Equity |
|
3.78 |
3.87 |
3.63 |
3.61 |
3.75 |
3.77 |
3.72 |
3.64 |
4.02 |
4.28 |
4.35 |
Financial Leverage |
|
3.17 |
3.61 |
3.53 |
3.64 |
3.77 |
3.81 |
3.68 |
3.62 |
3.89 |
4.04 |
4.04 |
Leverage Ratio |
|
4.41 |
4.86 |
4.79 |
4.91 |
5.05 |
5.11 |
4.97 |
4.93 |
5.20 |
5.38 |
5.40 |
Compound Leverage Factor |
|
4.42 |
4.93 |
4.79 |
4.93 |
5.05 |
5.19 |
5.05 |
5.00 |
5.24 |
5.42 |
5.44 |
Debt to Total Capital |
|
79.10% |
79.45% |
78.40% |
78.30% |
78.97% |
79.02% |
78.83% |
78.44% |
80.06% |
81.07% |
81.31% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
79.10% |
79.45% |
78.40% |
78.30% |
78.97% |
79.02% |
78.83% |
78.44% |
80.06% |
81.07% |
81.31% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
6.50% |
6.12% |
6.16% |
5.98% |
5.64% |
5.44% |
5.26% |
5.19% |
3.91% |
2.83% |
1.19% |
Common Equity to Total Capital |
|
14.41% |
14.43% |
15.44% |
15.72% |
15.40% |
15.55% |
15.91% |
16.37% |
16.03% |
16.11% |
17.51% |
Debt to EBITDA |
|
35.88 |
84.67 |
174.12 |
-254.87 |
21.08 |
17.33 |
-429.40 |
-298.56 |
-476.21 |
19.27 |
17.89 |
Net Debt to EBITDA |
|
27.66 |
64.26 |
131.12 |
-199.32 |
16.72 |
14.01 |
-328.94 |
-240.08 |
-396.08 |
15.39 |
14.55 |
Long-Term Debt to EBITDA |
|
35.88 |
84.67 |
174.12 |
-254.87 |
21.08 |
17.33 |
-429.40 |
-298.56 |
-476.21 |
19.27 |
17.89 |
Debt to NOPAT |
|
10.57 |
13.43 |
15.28 |
17.03 |
19.53 |
19.77 |
20.41 |
20.78 |
21.97 |
22.78 |
21.62 |
Net Debt to NOPAT |
|
8.15 |
10.19 |
11.51 |
13.32 |
15.49 |
15.99 |
15.64 |
16.71 |
18.28 |
18.19 |
17.59 |
Long-Term Debt to NOPAT |
|
10.57 |
13.43 |
15.28 |
17.03 |
19.53 |
19.77 |
20.41 |
20.78 |
21.97 |
22.78 |
21.62 |
Noncontrolling Interest Sharing Ratio |
|
32.74% |
31.13% |
30.89% |
29.76% |
28.79% |
27.72% |
26.57% |
25.69% |
23.03% |
20.18% |
15.48% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-703 |
-390 |
-393 |
-284 |
-288 |
-250 |
-346 |
-315 |
-380 |
-491 |
-397 |
Operating Cash Flow to CapEx |
|
13,328.65% |
2,870.53% |
3,678.05% |
10,463.60% |
0.00% |
0.00% |
185,618.75% |
172,601.49% |
0.00% |
0.00% |
4,911.24% |
Free Cash Flow to Firm to Interest Expense |
|
-32.67 |
-16.26 |
-16.22 |
-11.74 |
-10.18 |
-7.67 |
-9.86 |
-8.30 |
-8.93 |
-10.99 |
-8.35 |
Operating Cash Flow to Interest Expense |
|
4.32 |
4.25 |
4.20 |
4.46 |
4.13 |
4.07 |
3.39 |
3.05 |
2.64 |
2.74 |
2.77 |
Operating Cash Flow Less CapEx to Interest Expense |
|
4.29 |
4.10 |
4.08 |
4.42 |
4.13 |
4.07 |
3.39 |
3.05 |
2.64 |
2.74 |
2.71 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.23 |
0.18 |
0.17 |
0.15 |
0.14 |
0.14 |
0.14 |
0.14 |
0.14 |
0.14 |
0.15 |
Fixed Asset Turnover |
|
108.12 |
44.64 |
38.61 |
36.27 |
36.48 |
33.21 |
31.75 |
32.26 |
35.41 |
37.91 |
37.79 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
2,134 |
2,263 |
2,244 |
2,311 |
2,447 |
2,539 |
2,615 |
2,650 |
2,856 |
3,060 |
3,043 |
Invested Capital Turnover |
|
0.24 |
0.19 |
0.18 |
0.16 |
0.15 |
0.15 |
0.15 |
0.15 |
0.14 |
0.15 |
0.16 |
Increase / (Decrease) in Invested Capital |
|
735 |
414 |
419 |
309 |
313 |
276 |
371 |
339 |
409 |
522 |
428 |
Enterprise Value (EV) |
|
1,820 |
1,882 |
1,855 |
2,161 |
2,108 |
2,325 |
2,149 |
2,226 |
2,531 |
2,890 |
2,822 |
Market Capitalization |
|
380 |
378 |
392 |
608 |
437 |
564 |
432 |
417 |
517 |
822 |
773 |
Book Value per Share |
|
$21.23 |
$22.60 |
$23.97 |
$25.12 |
$26.11 |
$27.06 |
$28.47 |
$29.33 |
$31.04 |
$33.44 |
$35.22 |
Tangible Book Value per Share |
|
$21.23 |
$22.60 |
$23.97 |
$25.12 |
$26.11 |
$27.06 |
$28.47 |
$29.33 |
$31.04 |
$33.44 |
$35.22 |
Total Capital |
|
2,134 |
2,263 |
2,244 |
2,311 |
2,447 |
2,539 |
2,615 |
2,650 |
2,856 |
3,060 |
3,043 |
Total Debt |
|
1,688 |
1,798 |
1,759 |
1,810 |
1,932 |
2,006 |
2,062 |
2,079 |
2,286 |
2,481 |
2,474 |
Total Long-Term Debt |
|
1,688 |
1,798 |
1,759 |
1,810 |
1,932 |
2,006 |
2,062 |
2,079 |
2,286 |
2,481 |
2,474 |
Net Debt |
|
1,301 |
1,364 |
1,325 |
1,415 |
1,532 |
1,622 |
1,579 |
1,671 |
1,902 |
1,981 |
2,013 |
Capital Expenditures (CapEx) |
|
0.70 |
3.55 |
2.77 |
1.03 |
0.00 |
0.00 |
0.06 |
0.07 |
0.00 |
0.00 |
2.68 |
Net Nonoperating Expense (NNE) |
|
-0.07 |
-0.34 |
-0.04 |
-0.07 |
0.00 |
-0.42 |
-0.42 |
-0.32 |
-0.21 |
-0.24 |
-0.22 |
Net Nonoperating Obligations (NNO) |
|
1,688 |
1,798 |
1,759 |
1,810 |
1,932 |
2,006 |
2,062 |
2,079 |
2,286 |
2,481 |
2,474 |
Total Depreciation and Amortization (D&A) |
|
-38 |
-26 |
-32 |
-46 |
68 |
-2.42 |
-27 |
-45 |
65 |
-1.71 |
-1.53 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.81 |
$1.24 |
$1.38 |
$1.30 |
$1.30 |
$1.37 |
$1.35 |
$1.22 |
$1.58 |
$1.77 |
$1.85 |
Adjusted Weighted Average Basic Shares Outstanding |
|
14.45M |
14.45M |
14.46M |
14.43M |
14.59M |
14.61M |
14.79M |
14.74M |
14.74M |
15.12M |
15.13M |
Adjusted Diluted Earnings per Share |
|
$1.41 |
$1.00 |
$1.08 |
$1.02 |
$1.03 |
$1.11 |
$1.09 |
$0.99 |
$1.27 |
$1.42 |
$1.49 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
14.45M |
14.45M |
14.46M |
14.43M |
14.59M |
14.61M |
14.79M |
14.74M |
14.74M |
15.12M |
15.13M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
14.45M |
14.45M |
14.46M |
14.43M |
14.59M |
14.61M |
14.79M |
14.74M |
14.74M |
15.12M |
15.13M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
32 |
23 |
26 |
25 |
25 |
26 |
25 |
24 |
29 |
31 |
31 |
Normalized NOPAT Margin |
|
34.83% |
28.32% |
29.74% |
27.90% |
28.13% |
28.13% |
26.48% |
26.03% |
27.67% |
24.74% |
25.97% |
Pre Tax Income Margin |
|
42.40% |
36.12% |
39.21% |
36.09% |
35.77% |
33.41% |
34.21% |
31.28% |
35.60% |
32.10% |
34.34% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.82 |
1.22 |
1.40 |
1.32 |
1.12 |
0.93 |
0.92 |
0.74 |
0.87 |
0.89 |
0.85 |
NOPAT to Interest Expense |
|
1.50 |
0.97 |
1.07 |
1.02 |
0.88 |
0.79 |
0.72 |
0.63 |
0.68 |
0.69 |
0.65 |
EBIT Less CapEx to Interest Expense |
|
1.79 |
1.07 |
1.29 |
1.28 |
1.12 |
0.93 |
0.92 |
0.74 |
0.87 |
0.89 |
0.80 |
NOPAT Less CapEx to Interest Expense |
|
1.47 |
0.82 |
0.95 |
0.98 |
0.88 |
0.79 |
0.72 |
0.63 |
0.68 |
0.69 |
0.59 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
15.42% |
18.42% |
21.62% |
23.28% |
25.04% |
24.43% |
24.46% |
24.69% |
24.66% |
23.38% |
21.75% |
Augmented Payout Ratio |
|
82.87% |
84.54% |
43.89% |
38.17% |
39.50% |
41.77% |
40.40% |
39.04% |
54.03% |
71.22% |
111.33% |
Key Financial Trends
Atlanticus (NASDAQ:ATLC) delivered a robust Q1 2025 with total revenue up 24% year-over-year to $119.0 million, driven by loan growth and higher service charges. Net interest income rose to $219.0 million, while operating cash flow increased to $131.6 million, supporting an improving return on equity and book value expansion.
Despite strong core performance, the company continues to face volatility in non-interest income, negative free cash flow due to reinvestment needs, and elevated leverage that may pressure margins in a higher-rate environment.
- Revenue growth: Total revenue jumped 24% Y/Y in Q1 2025, reflecting higher net interest income and service charges.
- Net interest income: Up to $219.0 million (+Â6.6% Y/Y), underpinned by a loan portfolio that expanded to $2.67 billion.
- Operating cash flow: Increased 11% Y/Y to $131.6 million, as working capital adjustments remained favorable.
- Book value per share: Rose from $28.47 in Q1 2024 to $35.22 in Q1 2025, enhancing tangible equity cushion.
- Return on equity (ROE): Improved to ~20% in Q1 2025 versus ~19% a year earlier, indicating efficient capital use.
- Non-interest income volatility: “Other non-interest income” remains a drag (–$178 million in Q1 2025 vs –$159 million a year ago), linked to investment marks.
- Credit loss provisions: Remain modest at ~$1.1 million, but warrant monitoring if economic conditions deteriorate.
- Free cash flow to firm: Wide negative FCF of –$397 million in Q1 2025, reflecting heavy reinvestment and change in invested capital.
- High leverage: Total debt stands at ~$2.47 billion against common equity of $533 million, for a debt-to-equity ratio near 4.4x.
- Interest rate risk: Dependence on long-term debt financing exposes the firm to rising interest costs and refinancing risk.
07/13/25 03:21 PMAI Generated. May Contain Errors.