| Schedule of segment reporting |
The following table provides segment measure of profit and loss, presenting Net operating income, by each operating segment (in thousands) and is the measure that the CODM utilizes to determine resource and investment allocations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | | 2026 | | 2026 | | | United | | United | | | | | Latin | | | | | United | | United | | | | | Latin | | | | | | States | | Kingdom | | Canada | | America | | Total | | States | | Kingdom | | Canada | | America | | Total | Total portfolio revenue | | $ | 126,594 | | $ | 7,709 | | $ | 19,125 | | $ | 11,835 | | $ | 165,263 | | $ | 253,804 | | $ | 17,063 | | $ | 35,261 | | $ | 23,798 | | $ | 329,926 | Credit card revenue | | | 699 | | | — | | | 924 | | | — | | | 1,623 | | | 1,422 | | | — | | | 1,936 | | | — | | | 3,358 | Servicing revenue | | | 1,244 | | | 8,912 | | | 498 | | | — | | | 10,654 | | | 3,043 | | | 16,669 | | | 983 | | | — | | | 20,695 | Total Revenue | | $ | 128,537 | | $ | 16,621 | | $ | 20,547 | | $ | 11,835 | | $ | 177,540 | | $ | 258,269 | | $ | 33,732 | | $ | 38,180 | | $ | 23,798 | | $ | 353,979 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Provision for credit losses | | $ | 587 | | $ | — | | $ | 170 | | $ | — | | | | | $ | 1,043 | | $ | — | | $ | 337 | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Salaries and benefits | | $ | 15,691 | | $ | 4,453 | | $ | 1,302 | | $ | 434 | | | | | $ | 32,256 | | $ | 8,654 | | $ | 2,698 | | $ | 647 | | | | Servicing expenses | | | 53,165 | | | 4,895 | | | 2,745 | | | 4,016 | | | | | | 107,753 | | | 9,579 | | | 5,089 | | | 7,979 | | | | Depreciation and amortization | | | 559 | | | 90 | | | 188 | | | 7 | | | | | | 1,153 | | | 170 | | | 377 | | | 16 | | | | Professional fees | | | 2,423 | | | 244 | | | 101 | | | 285 | | | | | | 4,135 | | | 448 | | | 175 | | | 575 | | | | Other selling, general and administrative | | | 3,308 | | | 730 | | | 430 | | | 283 | | | | | | 6,585 | | | 1,447 | | | 771 | | | 472 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net operating income | | $ | 52,804 | | $ | 6,209 | | $ | 15,611 | | $ | 6,810 | | $ | 81,433 | | $ | 105,344 | | $ | 13,434 | | $ | 28,733 | | $ | 14,109 | | $ | 161,619 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other Income / (Expense): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interest expense | | | | | | | | | | | | | | $ | (30,370) | | | | | | | | | | | | | | $ | (60,948) | Foreign exchange and other income / (expense) | | | | | | | | | | | | | | | 2,270 | | | | | | | | | | | | | | | 3,718 | Total other expense | | | | | | | | | | | | | | | (28,100) | | | | | | | | | | | | | | | (57,230) | Income Before Income Taxes | | | | | | | | | | | | | | $ | 53,333 | | | | | | | | | | | | | | $ | 104,389 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | | 2025 | | 2025 | | | United | | United | | | | | Latin | | | | | United | | United | | | | | Latin | | | | | | States | | Kingdom | | Canada | | America | | Total | | States | | Kingdom | | Canada | | America | | Total | Total portfolio revenue | | $ | 106,313 | | $ | 7,439 | | $ | 17,634 | | $ | 9,047 | | $ | 140,433 | | $ | 218,058 | | $ | 11,924 | | $ | 33,746 | | $ | 19,019 | | $ | 282,747 | Credit card revenue | | | 630 | | | — | | | 1,168 | | | — | | | 1,798 | | | 1,294 | | | — | | | 2,402 | | | — | | | 3,696 | Servicing revenue | | | 3,786 | | | 6,278 | | | 413 | | | — | | | 10,477 | | | 8,322 | | | 12,145 | | | 741 | | | — | | | 21,208 | Total Revenue | | $ | 110,729 | | $ | 13,717 | | $ | 19,215 | | $ | 9,047 | | $ | 152,708 | | $ | 227,674 | | $ | 24,069 | | $ | 36,889 | | $ | 19,019 | | $ | 307,651 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Provision for credit losses | | $ | 368 | | | — | | | 192 | | | — | | | | | $ | 700 | | | — | | | 401 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Salaries and benefits | | $ | 618 | | $ | 4,148 | | $ | 1,357 | | $ | 131 | | | | | $ | 17,363 | | | — | | | 2,669 | | | 244 | | | | Servicing expenses | | | 32,522 | | | 5,111 | | | 2,722 | | | 3,191 | | | | | | 71,810 | | | 3,253 | | | 5,054 | | | 6,222 | | | | Depreciation and amortization | | | 893 | | | 88 | | | 258 | | | 11 | | | | | | 2,148 | | | 171 | | | 516 | | | 19 | | | | Professional fees | | | 8,727 | | | 250 | | | 244 | | | 223 | | | | | | 10,362 | | | 475 | | | 333 | | | 441 | | | | Other selling, general and administrative | | | 3,820 | | | 650 | | | 330 | | | 213 | | | | | | 7,379 | | | 1,243 | | | 658 | | | 282 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Operating Income | | $ | 63,781 | | $ | 3,470 | | $ | 14,112 | | $ | 5,278 | | $ | 86,641 | | $ | 117,912 | | $ | 18,927 | | $ | 27,258 | | $ | 11,811 | | $ | 175,908 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other Income / (Expense): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interest expense | | | | | | | | | | | | | | $ | (25,824) | | | | | | | | | | | | | | $ | (50,717) | Foreign exchange and other expense | | | | | | | | | | | | | | | 1,089 | | | | | | | | | | | | | | | 3,620 | Total other expense | | | | | | | | | | | | | | | (24,735) | | | | | | | | | | | | | | | (47,097) | Income Before Income Taxes | | | | | | | | | | | | | | $ | 61,906 | | | | | | | | | | | | | | $ | 128,811 |
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