Nicholas Financial Inc. (NICK) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2454 MCMULLEN BOOTH RD CLEARWATER, FL 33759 |
| State of Incorp. | FL |
| Fiscal Year End | March 31 |
| Industry (SIC) | 6153 - Short-Term Business Credit Institutions, Except Agricultural (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 | 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,817 | 454 | 4,775 | 22,022 | 16,802 | 35,595 | |||
| Cash and cash equivalents | 7,817 | 454 | 4,775 | 22,022 | 16,802 | 35,595 | |||
| Total current assets: | 7,817 | 454 | 4,775 | 22,022 | 16,802 | 35,595 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 100 | 176 | 4,277 | 3,392 | 2,598 | ✕ | |||
| Property, plant and equipment | 168 | 222 | 1,783 | 859 | 482 | 656 | |||
| Deferred income tax assets | 1,385 | 2,283 | 3,909 | ✕ | |||||
| Total noncurrent assets: | 268 | 398 | 7,445 | 6,534 | 6,989 | 656 | |||
| Other undisclosed assets | 51,906 | 109,496 | 171,350 | 183,882 | 215,027 | 216,169 | |||
| TOTAL ASSETS: | 59,991 | 110,348 | 183,570 | 212,438 | 238,818 | 252,420 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 938 | 30,539 | 67,184 | 97,216 | 131,239 | 147,535 | |||
| Total liabilities: | 938 | 30,539 | 67,184 | 97,216 | 131,239 | 147,535 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 59,053 | 79,809 | 116,386 | 115,222 | 107,579 | 104,885 | |||
| Treasury stock, value | (76,794) | (76,794) | (74,405) | (72,343) | (71,438) | (70,459) | |||
| Retained earnings | 100,580 | 121,380 | 155,499 | 152,501 | 144,150 | 140,684 | |||
| Other undisclosed equity, attributable to parent | 35,267 | 35,223 | 35,292 | 35,064 | 34,867 | 34,660 | |||
| Total equity: | 59,053 | 79,809 | 116,386 | 115,222 | 107,579 | 104,885 | |||
| TOTAL LIABILITIES AND EQUITY: | 59,991 | 110,348 | 183,570 | 212,438 | 238,818 | 252,420 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 27,057 | 44,336 | 49,779 | 56,020 | 62,095 | 71,300 | ||
| Net investment income | 27,057 | 44,270 | 49,779 | 54,211 | 62,095 | 71,300 | ||
| Cost of revenue | (45,033) | (44,589) | (31,381) | (32,313) | (44,220) | (61,338) | ||
| Provision for loan, lease, and other losses | (19,948) | (40,658) | (5,965) | (7,250) | (16,901) | (32,836) | ||
| Gross profit: | (17,976) | (253) | 18,398 | 23,707 | 17,875 | 9,962 | ||
| Operating expenses | (18,440) | (32,449) | (14,352) | (12,761) | (15,628) | (14,550) | ||
| Operating income (loss): | (36,416) | (32,702) | 4,046 | 10,946 | 2,247 | (4,588) | ||
| Interest and debt expense | (1,975) | (3,931) | (5,366) | (5,980) | (8,515) | (9,504) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (38,391) | (36,633) | (1,320) | 4,966 | (6,268) | (14,092) | ||
| Income from equity method investments | 31 | |||||||
| Other undisclosed income (loss) from continuing operations before income taxes | 1,975 | 3,931 | 5,366 | 5,980 | 8,515 | 9,504 | ||
| Income (loss) from continuing operations before income taxes: | (36,385) | (32,702) | 4,046 | 10,946 | 2,247 | (4,588) | ||
| Income tax expense (benefit) | (2) | (1,417) | (1,048) | (2,595) | 1,219 | 940 | ||
| Income (loss) from continuing operations: | (36,387) | (34,119) | 2,998 | 8,351 | 3,466 | (3,648) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 2,998 | 8,351 | 3,466 | (3,648) | |
| Net income (loss) attributable to parent: | (36,387) | (34,119) | 2,998 | 8,351 | 3,466 | (3,648) | ||
| Preferred stock dividends and other adjustments | (32) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (3) | |||||||
| Net income (loss) available to common stockholders, basic: | (36,390) | (34,119) | 2,998 | 8,351 | 3,434 | (3,648) | ||
| Other undisclosed net loss available to common stockholders, diluted | (15) | (44) | ||||||
| Net income (loss) available to common stockholders, diluted: | (36,390) | (34,119) | 2,983 | 8,307 | 3,434 | (3,648) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (36,387) | (34,119) | 2,998 | 8,351 | 3,466 | (3,648) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (36,387) | (34,119) | 2,998 | 8,351 | 3,466 | (3,648) | ||
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.