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Atlanticus Holdings Co. 9.25% Senior Notes due 2029 (ATLCZ) Financials

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 logo
$25.50 +0.00 (+0.02%)
As of 04:00 PM Eastern
This is a fair market value price provided by Massive. Learn more.
Annual Income Statements for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

Annual Income Statements for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table shows Atlanticus Holdings Co. 9.25% Senior Notes due 2029's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 1.71 -6.34 -13 7.86 25 77 156 111 78 87 112
Consolidated Net Income / (Loss)		 1.71 -6.34 -41 7.61 26 94 178 135 102 110 121
Net Income / (Loss) Continuing Operations		 1.71 -6.34 -13 90 26 94 178 135 102 110 121
Total Pre-Tax Income 		3.54 -12 -47 3.48 32 114 220 149 129 139 160
Total Revenue		 152 116 135 242 407 400 442 387 356 416 563
Net Interest Income / (Expense)		 52 68 115 124 293 374 495 747 807 880 1,214
Total Interest Income		 70 89 115 161 344 426 549 829 916 1,040 1,516
Loans and Leases Interest Income		 70 88 114 161 330 411 519 786 879 980 1,404
Other Interest Income		 0.09 0.23 0.22 0.20 14 15 31 43 37 60 112
Total Interest Expense		 18 20 0.00 37 51 52 54 82 109 160 302
Long-Term Debt Interest Expense		 18 20 - 37 51 52 54 82 109 160 302
Total Non-Interest Income		 100 47 21 118 114 25 -54 -360 -451 -464 -651
Other Service Charges		 59 22 14 112 112 134 194 217 239 270 452
Other Non-Interest Income		 39 22 6.43 5.56 2.09 -109 -219 -577 -690 -733 -1,103
Provision for Credit Losses		 27 54 68 101 248 143 36 1.25 2.15 16 6.24
Total Non-Interest Expense		 122 74 87 92 126 146 190 237 226 263 397
Salaries and Employee Benefits		 20 24 23 23 26 29 34 43 44 50 70
Marketing Expense		 2.24 4.90 13 12 36 35 57 62 52 56 113
Other Operating Expenses		 59 31 50 37 63 81 98 130 127 154 209
Depreciation Expense		 41 7.48 1.02 0.99 1.14 1.25 1.49 2.18 2.56 2.72 5.81
Nonoperating Income / (Expense), net		 - - - - - 3.40 4.20 0.81 0.63 1.49 0.04
Income Tax Expense		 1.83 -6.02 -6.38 -4.13 5.55 20 42 15 27 28 39
Preferred Stock Dividends Declared		 - - - 0.00 1.15 17 22 25 25 24 10
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.01 -0.01 -0.09 -0.24 -0.23 -0.20 -0.11 -0.99 -0.89 -1.19 -1.60
Basic Earnings per Share		 $0.12 ($0.46) ($2.93) $0.56 $1.74 $5.32 $10.32 $7.55 $5.35 $5.92 $7.40
Weighted Average Basic Shares Outstanding		 13.90M 13.95M 15.36M 15.96M 15.92M 16.42M 14.88M 14.45M 14.61M 15.12M 14.92M
Diluted Earnings per Share		 $0.12 ($0.46) ($2.93) $0.56 $1.66 $3.95 $7.56 $5.83 $4.24 $4.77 $5.96
Weighted Average Diluted Shares Outstanding		 13.90M 13.95M 15.36M 15.96M 15.92M 16.42M 14.88M 14.45M 14.61M 15.12M 14.92M
Weighted Average Basic & Diluted Shares Outstanding		 13.90M 13.95M 15.36M 15.96M 15.92M 16.42M 14.88M 14.45M 14.61M 15.12M 14.92M

Quarterly Income Statements for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table shows Atlanticus Holdings Co. 9.25% Senior Notes due 2029's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 19 20 20 18 23 26 28 28 23 33 42
Consolidated Net Income / (Loss)		 25 26 26 24 29 31 31 30 25 35 45
Net Income / (Loss) Continuing Operations		 25 26 26 24 29 31 31 30 25 35 45
Total Pre-Tax Income 		32 31 33 29 37 40 41 40 32 46 59
Total Revenue		 89 92 96 91 105 124 119 123 143 178 191
Net Interest Income / (Expense)		 207 204 207 218 230 225 219 246 296 453 446
Total Interest Income		 235 237 242 256 272 269 267 300 372 578 569
Loans and Leases Interest Income		 225 225 230 242 255 252 248 276 341 538 529
Other Interest Income		 10 12 12 14 17 18 19 23 31 40 40
Total Interest Expense		 28 33 35 38 42 45 48 54 75 125 123
Long-Term Debt Interest Expense		 28 33 35 38 42 45 48 54 75 125 123
Total Non-Interest Income		 -118 -112 -111 -127 -125 -101 -100 -122 -153 -275 -255
Other Service Charges		 60 72 48 60 79 84 78 94 124 156 110
Other Non-Interest Income		 -178 -184 -159 -186 -204 -184 -178 -217 -277 -431 -366
Provision for Credit Losses		 0.54 0.60 2.94 1.75 4.63 7.05 1.07 1.38 1.55 2.24 1.60
Total Non-Interest Expense		 56 61 61 61 63 78 77 82 108 130 131
Salaries and Employee Benefits		 11 11 13 12 12 13 16 13 18 22 29
Marketing Expense		 13 15 10 14 15 17 20 25 35 33 36
Other Operating Expenses		 32 34 36 35 35 47 41 43 53 72 62
Depreciation Expense		 0.65 0.65 0.65 0.65 0.66 0.75 0.80 0.89 1.49 2.64 3.59
Nonoperating Income / (Expense), net		 -0.01 0.49 0.53 0.38 0.27 0.31 0.29 0.34 -0.62 0.02 0.06
Income Tax Expense		 6.79 4.43 7.00 4.48 8.10 8.90 9.75 9.86 7.89 12 14
Preferred Stock Dividends Declared		 6.34 6.34 6.29 6.31 6.32 5.01 3.57 2.22 2.31 2.31 2.31
Net Income / (Loss) Attributable to Noncontrolling Interest		 -0.27 -0.03 -0.35 -0.15 -0.35 -0.33 -0.40 -0.28 -0.39 -0.53 0.40
Basic Earnings per Share		 $1.30 $1.37 $1.35 $1.22 $1.58 $1.77 $1.85 $1.87 $1.50 $2.18 $2.80
Weighted Average Basic Shares Outstanding		 14.59M 14.61M 14.79M 14.74M 14.74M 15.12M 15.13M 15.13M 15.14M 14.92M 15.12M
Diluted Earnings per Share		 $1.03 $1.11 $1.09 $0.99 $1.27 $1.42 $1.49 $1.51 $1.21 $1.75 $2.23
Weighted Average Diluted Shares Outstanding		 14.59M 14.61M 14.79M 14.74M 14.74M 15.12M 15.13M 15.13M 15.14M 14.92M 15.12M
Weighted Average Basic & Diluted Shares Outstanding		 14.59M 14.61M 14.79M 14.74M 14.74M 15.12M 15.13M 15.13M 15.14M 14.92M 15.12M

Annual Cash Flow Statements for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table details how cash moves in and out of Atlanticus Holdings Co. 9.25% Senior Notes due 2029's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 11 25 -22 71 35 83 248 -73 -50 116 268
Net Cash From Operating Activities		 0.86 39 -26 43 100 213 212 348 459 469 638
Net Cash From Continuing Operating Activities		 0.86 39 -26 144 100 213 212 348 459 465 632
Net Income / (Loss) Continuing Operations		 1.71 -6.34 -41 7.61 26 94 178 135 102 110 121
Consolidated Net Income / (Loss)		 1.71 -6.34 -41 7.61 26 94 178 135 102 110 121
Provision For Loan Losses		 27 54 78 100 248 143 36 1.25 2.15 16 6.24
Depreciation Expense		 41 7.48 1.02 0.99 7.69 7.95 2.49 4.85 4.04 5.19 9.90
Amortization Expense		 -40 -41 -58 -72 -112 -105 -161 -132 -16 -14 -8.77
Non-Cash Adjustments to Reconcile Net Income		 -24 2.18 -9.09 1.29 -17 -9.38 22 21 -84 -113 -158
Changes in Operating Assets and Liabilities, net		 -3.33 23 2.56 5.13 -54 82 135 318 451 460 662
Net Cash From Investing Activities		 15 -76 -80 -135 -434 -293 -475 -682 -672 -747 -1,512
Net Cash From Continuing Investing Activities		 15 -76 -80 1,084 -434 -293 -475 -682 -672 -747 -1,512
Purchase of Property, Leasehold Improvements and Equipment		 -0.88 -0.35 -0.40 -1.38 -0.25 -0.75 - -4.85 -3.99 -1.79 -5.02
Purchase of Investment Securities		 -271 -381 -467 -608 -1,099 -1,331 -2,026 -2,546 -2,516 -2,629 -4,509
Sale and/or Maturity of Investments		 276 296 383 472 664 1,039 1,550 1,869 1,848 1,884 3,002
Other Investing Activities, net		 11 9.42 3.64 2.35 1.52 - 0.56 - 0.00 0.00 0.00
Net Cash From Financing Activities		 -3.57 63 85 162 369 162 510 261 163 394 1,142
Net Cash From Continuing Financing Activities		 -3.56 63 85 1,102 369 162 510 261 163 394 1,142
Issuance of Debt		 165 242 325 632 873 588 1,066 681 955 1,029 3,935
Issuance of Preferred Equity		 - - - 0.00 40 0.00 75 0.44 1.12 1.08 6.25
Issuance of Common Equity		 - - - - - - - - 0.00 7.07 12
Repayment of Debt		 -168 -178 -240 -470 -592 -460 -586 -310 -754 -566 -2,731
Repurchase of Common Equity		 -0.26 -0.95 -0.39 -0.72 -2.52 -3.35 -25 -89 -18 -53 -70
Payment of Dividends		 -0.00 - - - 0.00 -14 -22 -25 -25 -26 -12
Other Financing Activities, Net		 0.01 0.00 0.01 0.05 50 51 2.27 3.85 3.41 0.89 1.70
Cash Interest Paid		 18 19 25 33 46 47 48 75 99 146 268
Cash Income Taxes Paid		 1.12 0.44 0.26 4.75 0.02 0.33 20 4.25 1.47 0.23 1.03

Quarterly Cash Flow Statements for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table details how cash moves in and out of Atlanticus Holdings Co. 9.25% Senior Notes due 2029's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 5.62 -16 99 -75 -22 115 -38 22 43 241 37
Net Cash From Operating Activities		 117 133 119 116 112 123 132 133 107 266 286
Net Cash From Continuing Operating Activities		 117 133 119 116 112 121 131 131 110 260 286
Net Income / (Loss) Continuing Operations		 25 26 26 24 29 31 31 30 25 35 45
Consolidated Net Income / (Loss)		 25 26 26 24 29 31 31 30 25 35 45
Provision For Loan Losses		 0.54 0.60 2.94 1.75 4.63 7.05 1.07 1.38 1.55 2.24 1.60
Depreciation Expense		 1.09 1.26 1.25 1.25 1.28 1.40 1.60 1.69 2.49 4.12 5.07
Amortization Expense		 67 -3.67 -4.04 -46 64 -3.11 -3.13 -2.19 -1.39 -2.06 -2.31
Non-Cash Adjustments to Reconcile Net Income		 404 -490 -17 0.30 456 -569 -24 -53 631 -713 339
Changes in Operating Assets and Liabilities, net		 -381 598 110 134 -443 654 124 152 -549 934 -102
Net Cash From Investing Activities		 -220 -211 -68 -197 -306 -176 -115 -406 -507 -485 -51
Net Cash From Continuing Investing Activities		 -220 -211 -68 -197 -306 -176 -115 -406 -507 -485 -51
Purchase of Investment Securities		 -672 -652 -560 -678 -764 -627 -621 -929 -1,207 -1,753 -1,364
Sale and/or Maturity of Investments		 449 445 492 481 458 452 509 525 695 1,273 1,313
Net Cash From Financing Activities		 108 62 47 6.43 171 168 -55 295 442 460 -198
Net Cash From Continuing Financing Activities		 108 62 47 6.43 171 168 -55 295 442 460 -198
Issuance of Debt		 420 283 162 317 275 276 300 620 930 2,085 544
Issuance of Preferred Equity		 0.01 - 1.07 - - 0.01 0.31 3.16 2.30 0.48 0.01
Issuance of Common Equity		 - - 0.00 - - - 12 0.00 - - 0.00
Repayment of Debt		 -299 -212 -109 -303 -70 -85 -311 -324 -488 -1,608 -737
Repurchase of Common Equity		 -9.40 -3.31 -0.54 -1.27 -26 -25 -51 -1.92 -0.03 -16 -3.83
Payment of Dividends		 -6.22 -6.26 -6.26 -6.24 -7.24 -6.00 -5.62 -2.21 -2.30 -2.30 -2.31
Other Financing Activities, Net		 3.03 0.32 -0.15 0.05 0.03 0.96 0.41 0.07 0.16 1.06 0.30
Cash Interest Paid		 25 29 33 32 40 41 43 47 73 105 135
Cash Income Taxes Paid		 1.25 -0.22 -0.04 0.22 0.01 0.04 0.04 0.80 -0.14 0.34 -2.05

Annual Balance Sheets for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table presents Atlanticus Holdings Co. 9.25% Senior Notes due 2029's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 281 363 426 583 936 1,207 1,944 2,388 2,706 3,271 7,623
Cash and Due from Banks		 51 76 41 61 135 178 410 385 339 375 621
Restricted Cash		 21 17 29 81 41 81 97 48 44 124 146
Loans and Leases, Net of Allowance		 169 601 294 664 726 920 384 1,922 2,174 2,630 6,648
Loans and Leases		 169 601 294 418 726 920 384 1,923 2,174 2,630 6,648
Premises and Equipment, Net		 5.69 3.83 3.23 3.63 2.74 2.24 7.34 10 11 11 13
Intangible Assets		 - - - - - - - - - 0.00 30
Other Assets		 24 35 53 16 29 24 1,046 23 138 130 165
Total Liabilities & Shareholders' Equity		 281 363 426 583 936 1,207 1,944 2,388 2,706 3,271 7,623
Total Liabilities		 270 357 462 605 847 991 1,517 1,923 2,174 2,691 6,979
Other Short-Term Payables		 52 87 116 106 - 42 42 - - 72 285
Long-Term Debt		 196 254 337 499 777 910 1,422 1,798 2,006 2,481 6,517
Other Long-Term Liabilities		 22 16 9.13 0.25 70 40 53 125 168 138 177
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 40
Total Equity & Noncontrolling Interests		 11 5.78 -36 -22 0.34 77 287 325 392 489 604
Total Preferred & Common Equity		 11 5.79 -36 -22 0.91 77 288 326 395 493 609
Preferred Stock		 - - - - - 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 11 5.79 -36 -22 0.91 77 288 326 395 493 609
Common Stock		 211 212 213 213 213 195 228 122 87 98 102
Retained Earnings		 -200 -206 -247 -239 -212 -118 60 204 307 395 506
Noncontrolling Interest		 -0.01 -0.01 -0.09 -0.34 -0.57 -0.77 -0.50 -1.37 -2.26 -3.54 -4.87

Quarterly Balance Sheets for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table presents Atlanticus Holdings Co. 9.25% Senior Notes due 2029's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 2,252 2,375 2,455 2,597 2,787 2,837 3,040 3,272 3,643 7,080 7,465
Cash and Due from Banks		 353 390 343 356 445 351 309 350 329 425 651
Restricted Cash		 34 45 52 44 37 56 76 111 154 101 153
Loans and Leases, Net of Allowance		 1,817 0.00 1,916 2,050 2,151 0.00 2,512 2,669 3,005 6,350 6,452
Loans and Leases		 1,817 - 1,916 2,050 2,151 - 2,512 2,669 3,005 6,350 6,452
Premises and Equipment, Net		 7.00 12 13 12 11 10 9.68 12 14 13 12
Intangible Assets		 - - - - - - - - - 32 28
Other Assets		 41 1,929 132 135 143 2,420 134 130 142 158 169
Total Liabilities & Shareholders' Equity		 2,252 2,375 2,455 2,597 2,787 2,837 3,040 3,272 3,643 7,080 7,465
Total Liabilities		 1,806 1,891 1,953 2,082 2,234 2,266 2,471 2,703 3,044 6,455 6,781
Other Short-Term Payables		 43 - 47 48 59 - - - - 253 258
Long-Term Debt		 1,688 1,759 1,810 1,932 2,062 2,079 2,286 2,474 2,774 6,035 6,330
Other Long-Term Liabilities		 75 131 96 102 113 187 184 229 270 167 193
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		 140 140 140 140 140 140 115 40 40 40 40
Total Equity & Noncontrolling Interests		 306 345 361 375 413 431 454 529 559 585 644
Total Preferred & Common Equity		 307 346 363 377 416 434 458 533 563 589 648
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 307 346 363 377 416 434 458 533 563 589 648
Common Stock		 127 116 108 96 89 89 89 110 112 116 100
Retained Earnings		 180 231 256 281 327 345 368 423 451 474 548
Noncontrolling Interest		 -1.18 -1.69 -1.96 -2.23 -2.75 -2.91 -3.26 -3.86 -4.15 -4.54 -4.47

Annual Metrics And Ratios for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table displays calculated financial ratios and metrics derived from Atlanticus Holdings Co. 9.25% Senior Notes due 2029's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 15,141,530.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 15,141,530.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 7.97
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -10.26% -23.98% 17.22% 78.70% 67.99% -1.63% 10.41% -12.31% -7.97% 16.83% 35.33%
EBITDA Growth		 -50.16% -1,317.59% -64.59% 70.28% -219.86% 119.68% 300.89% -62.86% 445.26% 11.21% 24.88%
EBIT Growth		 112.95% -449.53% -58.22% 349.91% -34.99% 249.43% 94.05% -31.07% -13.83% 7.16% 16.48%
NOPAT Growth		 108.93% -606.99% -282.41% 123.01% 244.32% 247.67% 91.38% -23.23% -24.22% 7.36% 10.70%
Net Income Growth		 -76.72% -471.69% -544.57% 118.62% 244.32% 258.33% 89.30% -24.29% -24.26% 8.00% 9.54%
EPS Growth		 -76.47% -483.33% -536.96% 119.11% 196.43% 137.95% 91.39% -22.88% -27.27% 12.50% 24.95%
Operating Cash Flow Growth		 104.17% 4,415.63% -167.85% 261.90% 133.25% 112.81% -0.17% 63.69% 32.13% 2.20% 35.91%
Free Cash Flow Firm Growth		 -88.73% -2,622.61% -19.13% -127.93% -116.25% 53.81% -226.58% 49.01% 37.58% -136.24% -864.58%
Invested Capital Growth		 -0.36% 25.79% 15.67% 58.47% 81.83% 29.91% 64.24% 22.38% 12.20% 20.54% 134.00%
Revenue Q/Q Growth		 -6.45% -2.51% 17.24% 90.98% -14.29% -2.21% 8.69% -10.34% 2.73% 8.41% 10.57%
EBITDA Q/Q Growth		 -66.48% -32.79% 10.86% 81.39% -182.84% 121.72% 39.46% -54.87% 26.29% 2,781.92% 6.92%
EBIT Q/Q Growth		 312.49% -50.21% 43.89% 193.85% -82.10% 130.06% 18.27% -18.12% 0.68% 7.32% 4.34%
NOPAT Q/Q Growth		 -95.64% -50.21% -54.04% 131.97% -34.91% 30.85% 16.48% -16.20% 2.55% 4.69% 3.30%
Net Income Q/Q Growth		 -95.64% -0.25% -65.99% 119.04% -50.65% 34.86% 15.01% -16.27% 2.60% 4.46% 3.11%
EPS Q/Q Growth		 -95.70% -2.22% -64.61% 123.33% -48.45% 35.74% 15.24% -16.24% 2.66% 6.95% 5.86%
Operating Cash Flow Q/Q Growth		 109.30% 19.17% -1,253.38% 366.09% -12.88% 19.85% 3.92% 9.11% 7.16% -2.10% 29.06%
Free Cash Flow Firm Q/Q Growth		 -94.47% -48.41% 10.96% -126.00% -23.68% 20.43% -95.77% 51.37% 18.37% -35.51% -7.94%
Invested Capital Q/Q Growth		 0.48% 7.57% -0.79% 34.72% 25.93% 16.18% 32.16% 6.02% 3.74% 7.17% 7.53%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 2.50% -40.09% -56.29% -9.36% -17.82% 3.57% 12.95% 5.48% 32.49% 30.93% 28.54%
EBIT Margin		 2.33% -10.69% -14.44% 20.19% 7.81% 27.75% 48.78% 38.34% 35.90% 32.93% 28.34%
Profit (Net Income) Margin		 1.12% -5.49% -30.18% 3.15% 6.45% 23.48% 40.26% 34.77% 28.61% 26.45% 21.41%
Tax Burden Percent		 48.26% 51.32% 86.50% 218.61% 82.52% 82.10% 80.97% 90.18% 79.31% 79.45% 75.52%
Interest Burden Percent		 100.00% 100.00% 241.69% 7.13% 100.00% 103.07% 101.95% 100.54% 100.49% 101.09% 100.02%
Effective Tax Rate		 51.74% 0.00% 0.00% -118.61% 17.48% 17.90% 19.03% 9.82% 20.69% 20.55% 24.48%
Return on Invested Capital (ROIC)		 0.82% -3.71% -11.80% 1.96% 3.90% 9.15% 11.72% 6.51% 4.23% 3.89% 2.36%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.82% -2.68% -14.43% 1.96% 3.90% 9.48% 12.02% 6.56% 4.25% 3.94% 2.36%
Return on Net Nonoperating Assets (RNNOA)		 17.73% -72.11% 281.13% -28.09% 74.04% 52.39% 43.57% 23.67% 16.21% 15.91% 17.36%
Return on Equity (ROE)		 18.55% -75.81% 269.34% -26.13% 77.94% 61.54% 55.30% 30.18% 20.44% 19.80% 19.72%
Cash Return on Invested Capital (CROIC)		 1.19% -26.55% -26.32% -43.29% -54.17% -16.87% -36.90% -13.61% -7.28% -14.74% -77.88%
Operating Return on Assets (OROA)		 1.29% -3.84% -4.96% 9.69% 4.18% 10.36% 13.67% 6.85% 5.02% 4.59% 2.93%
Return on Assets (ROA)		 0.62% -1.97% -10.37% 1.51% 3.45% 8.76% 11.28% 6.22% 4.00% 3.68% 2.21%
Return on Common Equity (ROCE)		 18.56% -75.89% 268.41% -25.94% -24.20% 15.76% 31.41% 20.78% 14.77% 15.81% 17.76%
Return on Equity Simple (ROE_SIMPLE)		 15.57% -109.57% 113.43% -34.93% 2,892.94% 121.52% 61.73% 41.24% 25.83% 22.34% 19.81%
Net Operating Profit after Tax (NOPAT)		 1.71 -8.65 -33 7.61 26 91 174 134 101 109 121
NOPAT Margin		 1.12% -7.49% -24.42% 3.15% 6.45% 22.79% 39.49% 34.58% 28.47% 26.16% 21.40%
Net Nonoperating Expense Percent (NNEP)		 0.00% -1.03% 2.64% 0.00% 0.00% -0.33% -0.29% -0.05% -0.03% -0.05% 0.00%
SG&A Expenses to Revenue		 14.51% 31.19% 26.45% 22.37% 15.40% 16.03% 20.53% 27.24% 27.03% 25.54% 32.45%
Operating Expenses to Revenue		 80.17% 64.20% 64.11% 38.12% 31.09% 36.56% 42.97% 61.33% 63.49% 63.14% 70.55%
Earnings before Interest and Taxes (EBIT)		 3.54 -12 -20 49 32 111 215 148 128 137 160
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 3.80 -46 -76 -23 -72 14 57 21 116 129 161
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 4.05 6.83 0.00 0.00 157.82 5.09 3.74 1.16 1.43 1.67 1.67
Price to Tangible Book Value (P/TBV)		 4.05 6.83 0.00 0.00 157.82 5.09 3.74 1.16 1.43 1.67 1.75
Price to Revenue (P/Rev)		 0.29 0.34 0.25 0.23 0.35 0.98 2.44 0.98 1.58 1.97 1.80
Price to Earnings (P/E)		 25.92 0.00 0.00 7.12 5.65 5.10 6.92 3.42 7.26 9.41 9.07
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		 3.86% 0.00% 0.00% 14.04% 17.69% 19.60% 14.45% 29.20% 13.76% 10.63% 11.03%
Enterprise Value to Invested Capital (EV/IC)		 0.81 0.77 0.99 0.87 0.96 1.05 1.15 0.83 0.92 0.94 0.95
Enterprise Value to Revenue (EV/Rev)		 1.10 1.74 2.21 1.70 2.05 2.96 4.83 4.86 6.52 6.94 12.07
Enterprise Value to EBITDA (EV/EBITDA)		 44.09 0.00 0.00 0.00 0.00 82.94 37.27 88.61 20.08 22.44 42.28
Enterprise Value to EBIT (EV/EBIT)		 47.45 0.00 0.00 8.44 26.20 10.66 9.89 12.67 18.17 21.08 42.58
Enterprise Value to NOPAT (EV/NOPAT)		 98.32 0.00 0.00 54.19 31.75 12.98 12.22 14.05 22.91 26.53 56.38
Enterprise Value to Operating Cash Flow (EV/OCF)		 194.14 5.14 0.00 9.62 8.33 5.56 10.03 5.41 5.06 6.16 10.66
Enterprise Value to Free Cash Flow (EV/FCFF)		 68.30 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		 17.88 44.01 -9.32 -22.54 8.70 4.22 3.33 3.87 3.77 4.28 10.12
Long-Term Debt to Equity		 17.88 44.01 -9.32 -22.54 8.70 4.22 3.33 3.87 3.77 4.28 10.12
Financial Leverage		 21.52 26.90 -19.48 -14.34 18.97 5.53 3.63 3.61 3.81 4.04 7.36
Leverage Ratio		 29.85 38.46 -25.97 -17.31 22.58 7.02 4.90 4.86 5.11 5.38 8.91
Compound Leverage Factor		 29.85 38.46 -62.76 -1.23 22.58 7.24 5.00 4.88 5.13 5.43 8.91
Debt to Total Capital		 94.70% 97.78% 112.01% 104.64% 89.69% 80.83% 76.90% 79.45% 79.02% 81.07% 91.01%
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		 94.70% 97.78% 112.01% 104.64% 89.69% 80.83% 76.90% 79.45% 79.02% 81.07% 91.01%
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% -0.03% -0.07% 10.21% 12.31% 7.53% 6.12% 5.44% 2.83% 0.49%
Common Equity to Total Capital		 5.30% 2.23% -11.98% -4.57% 0.10% 6.87% 15.58% 14.43% 15.55% 16.11% 8.50%
Debt to EBITDA		 51.46 -5.49 -4.42 -22.01 -10.73 63.81 24.87 84.67 17.33 19.27 40.53
Net Debt to EBITDA		 32.43 -3.48 -3.49 -15.75 -8.29 45.65 16.01 64.26 14.01 15.39 35.76
Long-Term Debt to EBITDA		 51.46 -5.49 -4.42 -22.01 -10.73 63.81 24.87 84.67 17.33 19.27 40.53
Debt to NOPAT		 114.74 -29.39 -10.19 65.52 29.65 9.99 8.15 13.43 19.77 22.78 54.05
Net Debt to NOPAT		 72.30 -18.62 -8.04 46.88 22.92 7.14 5.25 10.19 15.99 18.19 47.69
Long-Term Debt to NOPAT		 114.74 -29.39 -10.19 65.52 29.65 9.99 8.15 13.43 19.77 22.78 54.05
Noncontrolling Interest Sharing Ratio		 -0.04% -0.11% 0.34% 0.74% 131.05% 74.38% 43.19% 31.13% 27.72% 20.18% 9.94%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 2.46 -62 -74 -168 -364 -168 -549 -280 -175 -413 -3,980
Operating Cash Flow to CapEx		 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% 12,698.31%
Free Cash Flow to Firm to Interest Expense		 0.13 -3.07 0.00 -4.56 -7.17 -3.26 -10.14 -3.42 -1.60 -2.58 -13.18
Operating Cash Flow to Interest Expense		 0.05 1.93 0.00 1.16 1.97 4.13 3.92 4.25 4.20 2.93 2.11
Operating Cash Flow Less CapEx to Interest Expense		 0.00 1.91 0.00 1.12 1.97 4.11 3.94 4.19 4.16 2.92 2.10
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.55 0.36 0.34 0.48 0.54 0.37 0.28 0.18 0.14 0.14 0.10
Fixed Asset Turnover		 23.89 24.28 38.38 70.62 127.79 160.67 92.23 44.64 33.21 37.91 48.76
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 207 260 301 477 867 1,126 1,849 2,263 2,539 3,060 7,161
Invested Capital Turnover		 0.73 0.50 0.48 0.62 0.61 0.40 0.30 0.19 0.15 0.15 0.11
Increase / (Decrease) in Invested Capital		 -0.75 53 41 176 390 259 723 414 276 522 4,101
Enterprise Value (EV)		 168 201 299 412 832 1,183 2,131 1,882 2,325 2,890 6,799
Market Capitalization		 44 40 33 56 143 393 1,076 378 564 822 1,014
Book Value per Share		 $0.79 $0.42 ($2.60) ($1.42) $0.06 $4.84 $19.08 $22.60 $27.06 $33.44 $40.20
Tangible Book Value per Share		 $0.79 $0.42 ($2.60) ($1.42) $0.06 $4.84 $19.08 $22.60 $27.06 $33.44 $38.20
Total Capital		 207 260 301 477 867 1,126 1,849 2,263 2,539 3,060 7,161
Total Debt		 196 254 337 499 777 910 1,422 1,798 2,006 2,481 6,517
Total Long-Term Debt		 196 254 337 499 777 910 1,422 1,798 2,006 2,481 6,517
Net Debt		 123 161 266 357 601 651 915 1,364 1,622 1,981 5,750
Capital Expenditures (CapEx)		 0.88 0.35 0.40 1.38 0.25 0.75 -1.10 4.85 3.99 1.79 5.02
Net Nonoperating Expense (NNE)		 0.00 -2.31 7.80 0.00 0.00 -2.79 -3.40 -0.73 -0.50 -1.18 -0.03
Net Nonoperating Obligations (NNO)		 196 254 337 499 777 910 1,422 1,798 2,006 2,481 6,517
Total Depreciation and Amortization (D&A)		 0.27 -34 -57 -72 -104 -97 -158 -127 -12 -8.33 1.12
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.12 ($0.46) ($2.93) $0.56 $1.74 $5.32 $10.32 $0.00 $5.35 $5.92 $7.40
Adjusted Weighted Average Basic Shares Outstanding		 13.90M 13.95M 15.36M 15.96M 15.92M 16.42M 14.88M 0.00 14.61M 15.12M 14.92M
Adjusted Diluted Earnings per Share		 $0.12 ($0.46) ($2.93) $0.56 $1.66 $3.95 $7.56 $0.00 $4.24 $4.77 $5.96
Adjusted Weighted Average Diluted Shares Outstanding		 13.90M 13.95M 15.36M 15.96M 15.92M 16.42M 14.88M 0.00 14.61M 15.12M 14.92M
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		 13.90M 13.95M 15.36M 15.96M 15.92M 16.42M 14.88M 0.00 14.61M 15.12M 14.92M
Normalized Net Operating Profit after Tax (NOPAT)		 2.47 -8.65 -33 2.44 26 91 174 134 101 109 121
Normalized NOPAT Margin		 1.63% -7.49% -24.42% 1.01% 6.45% 22.79% 39.49% 34.58% 28.47% 26.16% 21.40%
Pre Tax Income Margin		 2.33% -10.69% -34.89% 1.44% 7.81% 28.60% 49.73% 38.55% 36.08% 33.29% 28.35%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.19 -0.61 0.00 1.32 0.63 2.15 3.98 1.81 1.17 0.86 0.53
NOPAT to Interest Expense		 0.09 -0.43 0.00 0.21 0.52 1.77 3.22 1.64 0.93 0.68 0.40
EBIT Less CapEx to Interest Expense		 0.14 -0.63 0.00 1.29 0.62 2.14 4.00 1.75 1.13 0.84 0.51
NOPAT Less CapEx to Interest Expense		 0.04 -0.45 0.00 0.17 0.51 1.75 3.24 1.58 0.89 0.67 0.38
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.12% 0.00% 0.00% 0.00% 0.00% 14.44% 12.27% 18.42% 24.43% 23.38% 10.31%
Augmented Payout Ratio		 15.30% -14.97% -0.95% 9.50% 9.60% 18.01% 26.45% 84.54% 41.77% 71.22% 67.99%

Quarterly Metrics And Ratios for Atlanticus Holdings Co. 9.25% Senior Notes due 2029

This table displays calculated financial ratios and metrics derived from Atlanticus Holdings Co. 9.25% Senior Notes due 2029's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - 15,141,530.00 14,919,417.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 15,141,530.00 14,919,417.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 2.29 2.99
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -4.26% 11.46% 10.37% 3.08% 17.95% 35.14% 24.03% 34.90% 36.53% 43.37% 60.72%
EBITDA Growth		 7,393.04% 652.34% 126.96% -14.97% 2.16% 36.17% 32.36% 50.01% -2.87% 27.48% 57.64%
EBIT Growth		 -19.04% 2.94% -5.10% -11.61% 16.53% 30.94% 25.66% 41.04% -10.59% 16.78% 44.90%
NOPAT Growth		 -22.68% 10.73% -1.74% -3.81% 16.01% 18.88% 21.65% 26.16% -13.54% 12.56% 44.13%
Net Income Growth		 -22.85% 10.90% -0.29% -2.77% 16.88% 17.88% 20.54% 25.54% -15.76% 11.75% 43.23%
EPS Growth		 -26.95% 11.00% 0.93% -2.94% 23.30% 27.93% 36.70% 52.53% -4.72% 23.24% 49.66%
Operating Cash Flow Growth		 25.61% 30.08% 16.81% 6.99% -3.85% -7.59% 10.75% 14.74% -4.37% 117.17% 117.63%
Free Cash Flow Firm Growth		 59.04% 35.89% 12.06% -10.81% -31.83% -96.12% -14.88% -120.20% -895.62% -728.44% -888.69%
Invested Capital Growth		 14.66% 12.20% 16.53% 14.66% 16.69% 20.54% 16.37% 27.31% 133.21% 134.00% 130.48%
Revenue Q/Q Growth		 0.09% 3.52% 4.39% -4.69% 14.52% 18.60% -4.19% 3.66% 15.90% 24.54% 7.40%
EBITDA Q/Q Growth		 793.36% -72.23% -9.65% -417.02% 716.11% -62.99% 3.15% 0.65% -12.98% 41.11% 27.55%
EBIT Q/Q Growth		 -0.51% -4.88% 6.86% -12.60% 31.16% 6.88% 2.56% -1.90% -16.85% 39.60% 27.25%
NOPAT Q/Q Growth		 0.93% 3.51% -1.75% -6.28% 21.73% 6.06% 0.54% -2.81% -16.57% 38.08% 28.73%
Net Income Q/Q Growth		 0.64% 5.21% -1.73% -6.55% 20.98% 6.11% 0.49% -2.67% -18.82% 40.76% 28.80%
EPS Q/Q Growth		 0.98% 7.77% -1.80% -9.17% 28.28% 11.81% 4.93% 1.34% -19.87% 44.63% 27.43%
Operating Cash Flow Q/Q Growth		 8.12% 13.52% -10.46% -2.65% -2.84% 9.11% 7.32% 0.85% -19.02% 147.79% 7.55%
Free Cash Flow Firm Q/Q Growth		 -1.29% 13.08% -38.11% 8.86% -20.49% -29.31% 19.10% -74.68% -444.79% -7.60% 3.45%
Invested Capital Q/Q Growth		 5.89% 3.74% 3.01% 1.33% 7.77% 7.17% -0.56% 10.86% 97.41% 7.53% -2.06%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 112.75% 30.25% 5.46% -18.15% 97.66% 30.48% 32.81% 31.86% 23.92% 27.10% 32.18%
EBIT Margin		 35.78% 32.87% 33.66% 30.86% 35.35% 31.85% 34.10% 32.27% 23.15% 25.95% 30.74%
Profit (Net Income) Margin		 28.13% 28.59% 26.91% 26.39% 27.87% 24.94% 26.15% 24.55% 17.20% 19.44% 23.31%
Tax Burden Percent		 78.64% 85.57% 78.67% 84.35% 78.28% 77.69% 76.15% 75.45% 75.70% 74.88% 75.75%
Interest Burden Percent		 99.98% 101.62% 101.65% 101.35% 100.73% 100.77% 100.72% 100.86% 98.14% 100.04% 100.09%
Effective Tax Rate		 21.36% 14.43% 21.33% 15.65% 21.72% 22.31% 23.85% 24.55% 24.30% 25.12% 24.25%
Return on Invested Capital (ROIC)		 4.26% 4.18% 3.98% 3.86% 4.01% 3.68% 4.03% 3.81% 1.88% 2.14% 2.94%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.26% 4.20% 4.00% 3.88% 4.02% 3.69% 4.04% 3.82% 1.87% 2.14% 2.94%
Return on Net Nonoperating Assets (RNNOA)		 16.05% 16.00% 14.73% 14.06% 15.63% 14.89% 16.34% 15.84% 13.00% 15.76% 20.69%
Return on Equity (ROE)		 20.31% 20.18% 18.71% 17.92% 19.64% 18.57% 20.37% 19.65% 14.88% 17.90% 23.64%
Cash Return on Invested Capital (CROIC)		 -9.34% -7.28% -11.12% -9.63% -11.48% -14.74% -11.08% -20.02% -77.50% -77.88% -76.29%
Operating Return on Assets (OROA)		 5.12% 4.60% 4.76% 4.29% 4.82% 4.44% 4.94% 4.69% 2.33% 2.68% 3.64%
Return on Assets (ROA)		 4.02% 4.00% 3.81% 3.67% 3.80% 3.47% 3.79% 3.57% 1.73% 2.01% 2.76%
Return on Common Equity (ROCE)		 14.46% 14.58% 13.74% 13.32% 15.12% 14.82% 17.22% 16.74% 13.04% 16.12% 22.28%
Return on Equity Simple (ROE_SIMPLE)		 26.37% 0.00% 24.49% 23.33% 23.03% 0.00% 21.66% 21.58% 19.85% 0.00% 20.68%
Net Operating Profit after Tax (NOPAT)		 25 26 25 24 29 31 31 30 25 35 45
NOPAT Margin		 28.13% 28.13% 26.48% 26.03% 27.67% 24.74% 25.97% 24.34% 17.52% 19.43% 23.29%
Net Nonoperating Expense Percent (NNEP)		 0.00% -0.02% -0.02% -0.02% -0.01% -0.01% -0.01% -0.01% 0.01% 0.00% 0.00%
SG&A Expenses to Revenue		 26.99% 28.55% 24.74% 27.94% 25.92% 24.07% 30.12% 31.07% 37.42% 30.98% 34.05%
Operating Expenses to Revenue		 63.62% 66.47% 63.28% 67.23% 60.23% 62.48% 65.01% 66.61% 75.77% 72.80% 68.42%
Earnings before Interest and Taxes (EBIT)		 32 30 32 28 37 40 41 40 33 46 59
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 100 28 5.24 -17 102 38 39 39 34 48 62
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.16 1.43 1.04 0.96 1.13 1.67 1.45 1.47 1.50 1.67 1.21
Price to Tangible Book Value (P/TBV)		 1.16 1.43 1.04 0.96 1.13 1.67 1.45 1.47 1.59 1.75 1.26
Price to Revenue (P/Rev)		 1.26 1.58 1.18 1.13 1.35 1.97 1.76 1.76 1.74 1.80 1.23
Price to Earnings (P/E)		 5.80 7.26 5.58 5.43 6.38 9.41 8.10 7.83 8.42 9.07 6.23
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		 17.23% 13.76% 17.93% 18.40% 15.67% 10.63% 12.34% 12.78% 11.88% 11.03% 16.06%
Enterprise Value to Invested Capital (EV/IC)		 0.86 0.92 0.82 0.84 0.89 0.94 0.93 0.94 0.97 0.95 0.90
Enterprise Value to Revenue (EV/Rev)		 6.08 6.52 5.88 6.05 6.59 6.94 6.42 6.69 12.62 12.07 9.98
Enterprise Value to EBITDA (EV/EBITDA)		 22.99 20.08 0.00 0.00 0.00 22.44 20.41 20.84 42.76 42.28 34.61
Enterprise Value to EBIT (EV/EBIT)		 16.59 18.17 17.03 18.17 19.81 21.08 19.41 20.10 42.02 42.58 35.66
Enterprise Value to NOPAT (EV/NOPAT)		 21.31 22.91 21.28 22.25 24.32 26.53 24.66 26.15 55.09 56.38 47.27
Enterprise Value to Operating Cash Flow (EV/OCF)		 4.92 5.06 4.51 4.60 5.28 6.16 5.85 6.32 13.01 10.66 8.00
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		 3.75 3.77 3.72 3.64 4.02 4.28 4.35 4.63 9.66 10.12 9.25
Long-Term Debt to Equity		 3.75 3.77 3.72 3.64 4.02 4.28 4.35 4.63 9.66 10.12 9.25
Financial Leverage		 3.77 3.81 3.68 3.62 3.89 4.04 4.04 4.15 6.97 7.36 7.03
Leverage Ratio		 5.05 5.11 4.97 4.93 5.20 5.38 5.40 5.54 8.47 8.91 8.57
Compound Leverage Factor		 5.05 5.19 5.05 5.00 5.24 5.42 5.44 5.58 8.32 8.91 8.58
Debt to Total Capital		 78.97% 79.02% 78.83% 78.44% 80.06% 81.07% 81.31% 82.24% 90.62% 91.01% 90.25%
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		 78.97% 79.02% 78.83% 78.44% 80.06% 81.07% 81.31% 82.24% 90.62% 91.01% 90.25%
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		 5.64% 5.44% 5.26% 5.19% 3.91% 2.83% 1.19% 1.06% 0.53% 0.49% 0.51%
Common Equity to Total Capital		 15.40% 15.55% 15.91% 16.37% 16.03% 16.11% 17.51% 16.70% 8.85% 8.50% 9.25%
Debt to EBITDA		 21.08 17.33 -429.40 -298.56 -476.21 19.27 17.89 18.32 40.13 40.53 34.53
Net Debt to EBITDA		 16.72 14.01 -328.94 -240.08 -396.08 15.39 14.55 15.13 36.63 35.76 30.15
Long-Term Debt to EBITDA		 21.08 17.33 -429.40 -298.56 -476.21 19.27 17.89 18.32 40.13 40.53 34.53
Debt to NOPAT		 19.53 19.77 20.41 20.78 21.97 22.78 21.62 23.00 51.70 54.05 47.16
Net Debt to NOPAT		 15.49 15.99 15.64 16.71 18.28 18.19 17.59 18.99 47.20 47.69 41.17
Long-Term Debt to NOPAT		 19.53 19.77 20.41 20.78 21.97 22.78 21.62 23.00 51.70 54.05 47.16
Noncontrolling Interest Sharing Ratio		 28.79% 27.72% 26.57% 25.69% 23.03% 20.18% 15.48% 14.81% 12.32% 9.94% 5.72%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -288 -250 -346 -315 -380 -491 -397 -694 -3,779 -4,066 -3,926
Operating Cash Flow to CapEx		 0.00% 0.00% 185,618.75% 172,601.49% 0.00% 0.00% 4,911.24% 6,191.69% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -10.18 -7.67 -9.86 -8.30 -8.93 -10.99 -8.35 -12.92 -50.08 -32.47 -31.98
Operating Cash Flow to Interest Expense		 4.13 4.07 3.39 3.05 2.64 2.74 2.77 2.47 1.42 2.13 2.33
Operating Cash Flow Less CapEx to Interest Expense		 4.13 4.07 3.39 3.05 2.64 2.74 2.71 2.43 1.42 2.13 2.33
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.14 0.14 0.14 0.14 0.14 0.14 0.15 0.15 0.10 0.10 0.12
Fixed Asset Turnover		 36.48 33.21 31.75 32.26 35.41 37.91 37.79 39.39 44.05 48.76 52.48
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,447 2,539 2,615 2,650 2,856 3,060 3,043 3,374 6,660 7,161 7,014
Invested Capital Turnover		 0.15 0.15 0.15 0.15 0.14 0.15 0.16 0.16 0.11 0.11 0.13
Increase / (Decrease) in Invested Capital		 313 276 371 339 409 522 428 724 3,804 4,101 3,971
Enterprise Value (EV)		 2,108 2,325 2,149 2,226 2,531 2,890 2,822 3,155 6,431 6,799 6,344
Market Capitalization		 437 564 432 417 517 822 773 828 886 1,014 783
Book Value per Share		 $26.11 $27.06 $28.47 $29.33 $31.04 $33.44 $35.22 $37.24 $38.96 $40.20 $43.46
Tangible Book Value per Share		 $26.11 $27.06 $28.47 $29.33 $31.04 $33.44 $35.22 $37.24 $36.86 $38.20 $41.61
Total Capital		 2,447 2,539 2,615 2,650 2,856 3,060 3,043 3,374 6,660 7,161 7,014
Total Debt		 1,932 2,006 2,062 2,079 2,286 2,481 2,474 2,774 6,035 6,517 6,330
Total Long-Term Debt		 1,932 2,006 2,062 2,079 2,286 2,481 2,474 2,774 6,035 6,517 6,330
Net Debt		 1,532 1,622 1,579 1,671 1,902 1,981 2,013 2,291 5,509 5,750 5,526
Capital Expenditures (CapEx)		 0.00 0.00 0.06 0.07 0.00 0.00 2.68 2.14 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 -0.42 -0.42 -0.32 -0.21 -0.24 -0.22 -0.26 0.47 -0.01 -0.04
Net Nonoperating Obligations (NNO)		 1,932 2,006 2,062 2,079 2,286 2,481 2,474 2,774 6,035 6,517 6,330
Total Depreciation and Amortization (D&A)		 68 -2.42 -27 -45 65 -1.71 -1.53 -0.50 1.10 2.06 2.76
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.30 $1.37 $1.35 $1.22 $1.58 $1.77 $1.85 $1.87 $1.50 $2.18 $2.80
Adjusted Weighted Average Basic Shares Outstanding		 14.59M 14.61M 14.79M 14.74M 14.74M 15.12M 15.13M 15.13M 15.14M 14.92M 15.12M
Adjusted Diluted Earnings per Share		 $1.03 $1.11 $1.09 $0.99 $1.27 $1.42 $1.49 $1.51 $1.21 $1.75 $2.23
Adjusted Weighted Average Diluted Shares Outstanding		 14.59M 14.61M 14.79M 14.74M 14.74M 15.12M 15.13M 15.13M 15.14M 14.92M 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		 14.59M 14.61M 14.79M 14.74M 14.74M 15.12M 15.13M 15.13M 15.14M 14.92M 15.12M
Normalized Net Operating Profit after Tax (NOPAT)		 25 26 25 24 29 31 31 30 25 35 45
Normalized NOPAT Margin		 28.13% 28.13% 26.48% 26.03% 27.67% 24.74% 25.97% 24.34% 17.52% 19.43% 23.29%
Pre Tax Income Margin		 35.77% 33.41% 34.21% 31.28% 35.60% 32.10% 34.34% 32.54% 22.72% 25.96% 30.77%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.12 0.93 0.92 0.74 0.87 0.89 0.85 0.74 0.44 0.37 0.48
NOPAT to Interest Expense		 0.88 0.79 0.72 0.63 0.68 0.69 0.65 0.56 0.33 0.28 0.36
EBIT Less CapEx to Interest Expense		 1.12 0.93 0.92 0.74 0.87 0.89 0.80 0.70 0.44 0.37 0.48
NOPAT Less CapEx to Interest Expense		 0.88 0.79 0.72 0.63 0.68 0.69 0.59 0.52 0.33 0.28 0.36
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 25.04% 24.43% 24.46% 24.69% 24.66% 23.38% 21.75% 17.33% 13.79% 10.31% 6.80%
Augmented Payout Ratio		 39.50% 41.77% 40.40% 39.04% 54.03% 71.22% 111.33% 102.89% 80.66% 67.99% 23.33%

Financials Breakdown Chart

Key Financial Trends

Atlanticus Holdings Corp (ATLC) has shown improving profitability in 2025 alongside a growing loan book and stronger cash flow. However, the company also carries a heavy debt load and notable volatility in non-interest income, which are important to watch going forward.

  • Net income and earnings per share in Q4 2025: net income attributable to common shareholders was about $32.83 million, with basic earnings per share of $2.18 and diluted earnings per share of $1.75. This reflects an ongoing earnings trajectory through 2025.
  • Strong net interest income for Q4 2025: net interest income reached approximately $453.05 million, up from about $296.25 million in Q3 2025, signaling improving core lending profitability.
  • Rising total revenue in Q4 2025: total revenue was about $178.07 million, up from $142.98 million in Q3 2025, indicating improvement on the top line.
  • Solid operating cash flow in Q4 2025: net cash from continuing operating activities was about $260.42 million, a strong increase from earlier quarters and a sign of healthy cash generation.
  • Growing loan book: Loans and Leases balance rose to about $6.35 billion by Q3 2025, supporting higher interest income but increasing credit exposure and concentration risk.
  • Debt financing activity: Issuance of debt totaled about $929.84 million in Q3 2025, providing funding for loan growth but adding to leverage concerns.
  • Capitalization movement: Total equity + noncontrolling interests rose to roughly $584.8 million by Q3 2025, improving capitalization though the figure remains modest relative to the loan book size.
  • High leverage risk: Total liabilities were about $6.45 billion in Q3 2025, versus equity around $584.8 million, indicating a very high leverage level that could pose risks if asset quality worsens.
  • Volatility in non-interest income: Other Non-Interest Income swung negative in multiple quarters (e.g., −$276.9 million in Q3 2025 and −$431.1 million in Q4 2025), weighing on revenue quality outside net interest income.
  • Funding and refinancing risk tied to debt growth: The combination of large debt issuance and a rapidly growing loan book increases sensitivity to interest-rate changes and refinancing risk.
05/21/26 07:18 PM ETAI Generated. May Contain Errors.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029 Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Atlanticus Holdings Co. 9.25% Senior Notes due 2029's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029's net income appears to be on an upward trend, with a most recent value of $120.61 million in 2025, rising from $1.71 million in 2015. The previous period was $110.11 million in 2024.

Over the last 10 years, Atlanticus Holdings Co. 9.25% Senior Notes due 2029's total revenue changed from $151.98 million in 2015 to $563.40 million in 2025, a change of 270.7%.

Atlanticus Holdings Co. 9.25% Senior Notes due 2029's total liabilities were at $6.98 billion at the end of 2025, a 159.3% increase from 2024, and a 2,487.0% increase since 2015.

In the past 10 years, Atlanticus Holdings Co. 9.25% Senior Notes due 2029's cash and equivalents has ranged from $41.48 million in 2017 to $621.09 million in 2025, and is currently $621.09 million as of their latest financial filing in 2025.

Over the last 10 years, Atlanticus Holdings Co. 9.25% Senior Notes due 2029's book value per share changed from 0.79 in 2015 to 40.20 in 2025, a change of 4,988.7%.



Financial statements for NASDAQ:ATLCZ last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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