Elevate Credit, Inc. (ELVT) financial statements (2021 and earlier)

Company profile

Business Address 4150 INTERNATIONAL PLAZA
FORT WORTH, TX 76109
State of Incorp. DE
Fiscal Year End December 31
SIC 6199 - Finance Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments198895841
Cash and cash equivalents198895841
Total current assets:198895841
Noncurrent Assets
Operating lease, right-of-use asset810
Property, plant and equipment34504224
Intangible assets, net (including goodwill)8171818
Goodwill7161616
Intangible assets, net (excluding goodwill)1122
Deferred income tax assets2610
Total noncurrent assets:76885942
Other undisclosed assets395607636604
TOTAL ASSETS:670784753688
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities506627636591
Total liabilities:506627636591
Stockholders' equity
Stockholders' equity attributable to parent16415611796
Common stock0000
Treasury stock, value(16)(3)  
Additional paid in capital200193183174
Accumulated other comprehensive income 102
Accumulated deficit(20)(34)(67)(80)
Total stockholders' equity:16415611796
TOTAL LIABILITIES AND EQUITY:670784753688

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues465747787673
Cost of revenue(185)(444)(516)(450)
Cost of goods and services sold(20)(51) (72)
Provision for loan, lease, and other losses(157)(364)(412)
Financial services costs(358)
Gross profit:280303271223
Operating expenses(160)(191)(176)(152)
Operating income:1201119571
Nonoperating income (expense)(24)(0)(0)2
Foreign currency transaction gain (loss), before tax 0(1)3
Other nonoperating expense(24)(1)  
Interest and debt expense(49)(67)(79)(73)
Income from continuing operations before equity method investments, income taxes:4744150
Other undisclosed income (loss) from continuing operations before income taxes  (1)3
Income from continuing operations before income taxes:4744143
Income tax expense(11)(12)(1)(10)
Net income (loss):363213(7)
Other undisclosed net loss attributable to parent(16)   
Net income (loss) available to common stockholders, diluted:213213(7)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):363213(7)
Other comprehensive income   0
Comprehensive income (loss):363213(7)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(17)1(2)1
Comprehensive income (loss), net of tax, attributable to parent:193311(6)

Statements sources

The financial statements are based on the company's filings with the 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.

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