v3.26.1
Combined and Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total portfolio income $ 156,253 $ 138,877 $ 313,859 $ 277,571
Changes in recoveries 9,010 1,556 16,067 5,176
Total portfolio revenue 165,263 140,433 329,926 282,747
Credit card revenue 1,623 1,798 3,358 3,696
Servicing revenue 10,654 10,477 20,695 21,208
Total Revenues 177,540 152,708 353,979 307,651
Provision for credit losses 757 560 1,380 1,101
Operating Expenses        
Salaries and benefits 21,880 6,254 44,255 20,276
Servicing expenses 64,822 43,546 130,400 86,339
Depreciation and amortization 844 1,250 1,716 2,854
Professional fees 3,053 9,444 5,334 11,611
Other selling, general and administrative 4,751 5,013 9,275 9,562
Total Operating Expenses 95,350 65,507 190,980 130,642
Net Operating Income 81,433 86,641 161,619 175,908
Other Income (Expense)        
Interest expense (30,370) (25,824) (60,948) (50,717)
Foreign exchange and other income (expense) 2,270 1,089 3,718 3,620
Total other expense (28,100) (24,735) (57,230) (47,097)
Income Before Income Taxes 53,333 61,906 104,389 128,811
Provision for income taxes (12,037) (14,255) (25,460) (16,935)
Net Income 41,296 47,651 78,929 111,876
Foreign currency translation gain / (loss) (1,525) 14,432 (7,226) 18,316
Comprehensive Income $ 39,771 $ 62,083 $ 71,703 $ 130,192
Earnings per share        
Basic (in dollars per share) $ 0.67 $ 18.61 $ 1.28 $ 86.88
Diluted (in dollars per share) $ 0.67 $ 16.76 $ 1.28 $ 78.26
Weighted average common shares outstanding        
Basic (in shares) 55,515 2,561 55,552 1,288
Diluted (in shares) 55,519 2,843 55,554 1,430