Elevate Credit, Inc. (ELVT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4150 INTERNATIONAL PLAZA FORT WORTH, TX 76109 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 73,960 | 105,815 | 84,978 | 79,979 | 105,782 | 140,300 | |||
| Cash and cash equivalents | 73,960 | 105,815 | 84,978 | 79,979 | 105,782 | 140,300 | |||
| Total current assets: | 73,960 | 105,815 | 84,978 | 79,979 | 105,782 | 140,300 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 11,213 | 5,183 | 5,718 | 6,234 | 6,819 | 7,304 | |||
| Property, plant and equipment | 38,780 | 35,621 | 33,104 | 31,857 | 32,175 | 32,547 | |||
| Long-term investments and receivables | 5,121 | 5,489 | |||||||
| Long-term investments | 5,121 | 5,489 | |||||||
| Intangible assets, net (including goodwill) | 7,007 | 7,007 | 7,007 | 7,007 | 7,007 | 7,006 | |||
| Goodwill | 6,776 | 6,776 | 6,776 | 6,776 | 6,776 | 6,776 | |||
| Intangible assets, net (excluding goodwill) | 231 | 231 | 231 | 231 | 231 | 230 | |||
| Deferred income tax assets | 9,370 | 8,719 | 34,229 | 24,615 | 22,332 | 22,600 | |||
| Total noncurrent assets: | 71,491 | 62,019 | 80,058 | 69,713 | 68,333 | 69,457 | |||
| Other undisclosed assets | 636,561 | 611,666 | 545,646 | 506,190 | 400,617 | 354,587 | |||
| TOTAL ASSETS: | 782,012 | 779,500 | 710,682 | 655,882 | 574,732 | 564,344 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 597,072 | 588,497 | 601,711 | 513,566 | 417,080 | 397,371 | |||
| Total liabilities: | 597,072 | 588,497 | 601,711 | 513,566 | 417,080 | 397,371 | |||
| Equity | |||||||||
| Equity, attributable to parent | 184,940 | 191,003 | 108,971 | 142,316 | 157,652 | 166,973 | |||
| Common stock | 19 | 19 | 19 | 18 | 18 | 18 | |||
| Treasury stock, value | (45,299) | (44,594) | (41,746) | (39,096) | (33,632) | (26,611) | |||
| Additional paid in capital | 208,901 | 206,804 | 205,860 | 204,197 | 203,050 | 201,618 | |||
| Retained earnings (accumulated deficit) | 21,319 | 28,774 | (55,162) | (22,803) | (11,784) | (8,052) | |||
| Total equity: | 184,940 | 191,003 | 108,971 | 142,316 | 157,652 | 166,973 | |||
| TOTAL LIABILITIES AND EQUITY: | 782,012 | 779,500 | 710,682 | 655,882 | 574,732 | 564,344 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 117,606 | 124,244 | 129,529 | 112,835 | 84,540 | 89,733 | ||
| Cost of revenue | (72,447) | (93,267) | (98,158) | (75,075) | (40,694) | (27,400) | ||
| Cost of goods and services sold | (7,828) | (6,226) | (11,193) | (15,406) | (10,564) | (4,383) | ||
| Provision for loan, lease, and other losses | (82,732) | (54,903) | (27,225) | (20,970) | ||||
| Gross profit: | 45,159 | 30,977 | 31,371 | 37,760 | 43,846 | 62,333 | ||
| Operating expenses | (39,865) | (38,281) | (38,914) | (40,866) | (38,606) | (37,594) | ||
| Operating income (loss): | 5,294 | (7,304) | (7,543) | (3,106) | 5,240 | 24,739 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 81 | 1,666 | (22,751) | (198) | 510 | 207 | ||
| Interest and debt expense | (12,126) | (12,170) | (11,582) | (9,544) | (8,567) | (8,786) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (6,751) | (17,808) | (41,876) | (12,848) | (2,817) | 16,160 | ||
| Loss from equity method investments | (368) | (344) | ||||||
| Income (loss) from continuing operations before income taxes: | (7,119) | (18,152) | (41,876) | (12,848) | (2,817) | 16,160 | ||
| Income tax expense (benefit) | 574 | 4,229 | 9,612 | 1,843 | (228) | (3,444) | ||
| Income (loss) from continuing operations: | (6,545) | (13,923) | (32,264) | (11,005) | (3,045) | 12,716 | ||
| Income (loss) before gain (loss) on sale of properties: | (6,545) | (13,923) | (32,264) | (11,005) | (3,045) | 12,716 | ||
| Net income (loss) available to common stockholders, diluted: | (6,545) | (13,923) | (32,264) | (11,005) | (3,045) | 12,716 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (6,545) | (13,923) | (32,264) | (11,005) | (3,045) | 12,716 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,545) | (13,923) | (32,264) | (11,005) | (3,045) | 12,716 | ||
Statements Sources
The financial statements are based on the Company's filings with 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.