See more : OFS Capital Corporation 4.95% Notes due 2028 (OFSSH) Income Statement Analysis – Financial Results
Complete financial analysis of PRA Group, Inc. (PRAA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of PRA Group, Inc., a leading company in the Financial – Credit Services industry within the Financial Services sector.
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PRA Group, Inc. (PRAA)
About PRA Group, Inc.
PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies. The company also acquires nonperforming loans, including Visa and MasterCard credit cards, private label and other credit cards, installment loans, lines of credit, deficiency balances of various types, legal judgments, and trade payables from banks, credit unions, consumer finance companies, retailers, utilities, automobile finance companies, and other credit originators. In addition, it provides fee-based services on class action claims recoveries and by servicing consumer bankruptcy accounts. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was incorporated in 1996 and is headquartered in Norfolk, Virginia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 815.50M | 968.75M | 1.10B | 1.07B | 995.30M | 877.96M | 821.92M | 832.12M | 942.02M | 880.97M | 735.14M | 592.80M | 458.94M | 372.71M | 281.09M | 263.28M | 220.75M | 188.32M | 148.53M | 113.40M | 84.93M | 55.85M | 32.34M | 19.33M |
| Cost of Revenue | 310.84M | 356.65M | 378.74M | 436.86M | 310.44M | 319.40M | 344.69M | 258.85M | 268.35M | 234.53M | 192.47M | 168.36M | 138.20M | 124.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 504.66M | 612.11M | 718.08M | 628.55M | 684.86M | 558.56M | 477.23M | 573.28M | 673.67M | 646.44M | 542.66M | 424.45M | 320.73M | 248.63M | 281.09M | 263.28M | 220.75M | 188.32M | 148.53M | 113.40M | 84.93M | 55.85M | 32.34M | 19.33M |
| Gross Profit Ratio | 61.88% | 63.19% | 65.47% | 59.00% | 68.81% | 63.62% | 58.06% | 68.89% | 71.51% | 73.38% | 73.82% | 71.60% | 69.89% | 66.71% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.16 | 0.23 | 0.20 | 0.12 | 0.10 | 0.19 | 0.16 | 0.00 | 0.00 | 1.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 324.95M | 173.00M | 186.67M | 214.17M | 251.33M | 208.06M | 167.35M | 181.68M | 177.28M | 183.76M | 161.02M | 139.44M | 89.05M | 71.47M | 182.47M | 164.04M | 128.13M | 58.14M | 44.33M | 36.62M | 28.99M | 21.70M | 0.00 | 0.00 |
| Selling & Marketing | 306.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 631.05M | 173.00M | 186.67M | 214.17M | 251.33M | 208.06M | 167.35M | 181.68M | 177.28M | 183.76M | 161.02M | 139.44M | 89.05M | 71.47M | 182.47M | 164.04M | 128.13M | 58.14M | 44.33M | 36.62M | 28.99M | 21.70M | 0.00 | 0.00 |
| Other Expenses | 71.01M | -1.33M | 282.00K | -1.05M | -364.00K | -316.00K | -2.79M | -5.82M | -385.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 702.06M | 395.19M | 418.76M | 420.56M | 434.93M | 370.17M | 329.54M | 353.53M | 363.33M | 304.37M | 238.74M | 208.39M | 143.87M | 118.77M | 200.48M | 178.44M | 139.56M | 116.32M | 88.92M | 68.51M | 50.47M | 34.88M | 23.57M | 15.03M |
| Cost & Expenses | 715.01M | 751.83M | 797.50M | 857.43M | 745.37M | 689.57M | 674.23M | 612.37M | 631.67M | 538.90M | 431.21M | 376.75M | 282.07M | 242.84M | 200.48M | 178.44M | 139.56M | 116.32M | 88.92M | 68.51M | 50.47M | 34.88M | 23.57M | 15.03M |
| Interest Income | -9.22M | 2.23M | 1.09M | 1.02M | 2.25M | 3.13M | 5.61M | 5.05M | 2.08M | 4.00K | 3.00K | 10.00K | 7.00K | 65.00K | 3.00K | 60.00K | 419.00K | 584.09K | 611.49K | 222.72K | 60.17K | 21.55K | 0.00 | 0.00 |
| Interest Expense | 74.76M | 51.70M | 38.96M | 35.50M | 144.17M | 124.21M | 24.45M | 76.57M | 59.55M | 35.23M | 14.47M | 9.04M | 10.57M | 9.05M | 7.91M | 11.15M | 3.70M | 378.55K | 280.50K | 273.36K | 602.07K | 2.45M | 0.00 | 0.00 |
| Depreciation & Amortization | 13.38M | 642.28M | 708.58M | 691.70M | 919.11M | 847.20M | 718.13M | 693.24M | 19.87M | 18.41M | 14.42M | 14.52M | 12.94M | 12.44M | 9.21M | 7.42M | 5.52M | 5.13M | 4.68M | 2.38M | 1.44M | 940.35K | 677.00K | 437.00K |
| EBITDA | 133.54M | 301.05M | 390.25M | 368.17M | 265.15M | 204.58M | 233.50M | 244.11M | 429.82M | 360.48M | 311.95M | 221.54M | 179.24M | 133.25M | 81.91M | 81.11M | 87.12M | 77.13M | 64.28M | 47.27M | 35.90M | 21.90M | 9.44M | 4.74M |
| EBITDA Ratio | 16.38% | 22.79% | 27.84% | 21.07% | 26.83% | 23.62% | 18.87% | 28.27% | 35.03% | 40.92% | 43.30% | 38.90% | 41.36% | 38.20% | 31.96% | 35.07% | 39.47% | 40.96% | 43.28% | 41.69% | 42.27% | 39.22% | 29.20% | 24.53% |
| Operating Income | 100.49M | 285.80M | 375.00M | 349.70M | 247.69M | 185.26M | 213.73M | 219.75M | 310.34M | 342.07M | 297.53M | 216.06M | 178.03M | 129.86M | 80.61M | 84.84M | 81.18M | 72.00M | 59.60M | 44.89M | 34.45M | 20.96M | 8.77M | 4.31M |
| Operating Income Ratio | 12.32% | 29.50% | 34.19% | 32.82% | 24.89% | 21.10% | 26.00% | 26.41% | 32.94% | 38.83% | 40.47% | 36.45% | 38.79% | 34.84% | 28.68% | 32.22% | 36.78% | 38.23% | 40.13% | 39.59% | 40.57% | 37.54% | 27.11% | 22.27% |
| Total Other Income/Expenses | -183.38M | -131.02M | -124.67M | -140.76M | -130.33M | -95.76M | -53.46M | -84.12M | -52.82M | -41.06M | -14.46M | -9.02M | -10.56M | -8.99M | -7.91M | -11.09M | -3.29M | 205.55K | 330.99K | -50.64K | -541.90K | -2.43M | -3.14M | -1.77M |
| Income Before Tax | -82.89M | 154.79M | 250.33M | 208.95M | 117.36M | 89.50M | 160.27M | 135.63M | 257.52M | 301.01M | 283.07M | 207.03M | 167.46M | 120.88M | 72.70M | 73.75M | 77.90M | 72.21M | 59.93M | 44.84M | 33.91M | 18.54M | 5.63M | 2.54M |
| Income Before Tax Ratio | -10.16% | 15.98% | 22.82% | 19.61% | 11.79% | 10.19% | 19.50% | 16.30% | 27.34% | 34.17% | 38.51% | 34.92% | 36.49% | 32.43% | 25.86% | 28.01% | 35.29% | 38.34% | 40.35% | 39.54% | 39.93% | 33.19% | 17.40% | 13.14% |
| Income Tax Expense | -16.13M | 36.79M | 54.82M | 41.20M | 19.68M | 13.76M | -10.85M | 43.58M | 89.39M | 124.51M | 106.15M | 80.93M | 66.32M | 47.00M | 28.40M | 28.38M | 29.66M | 27.72M | 23.16M | 17.39M | 13.20M | 1.47M | 0.00 | 0.00 |
| Net Income | -83.48M | 117.15M | 183.16M | 149.34M | 86.16M | 65.56M | 164.32M | 86.26M | 167.93M | 176.51M | 175.31M | 126.59M | 100.79M | 73.45M | 44.31M | 45.36M | 48.24M | 44.49M | 36.77M | 27.45M | 20.71M | 17.07M | 5.63M | 2.54M |
| Net Income Ratio | -10.24% | 12.09% | 16.70% | 14.02% | 8.66% | 7.47% | 19.99% | 10.37% | 17.83% | 20.04% | 23.85% | 21.36% | 21.96% | 19.71% | 15.76% | 17.23% | 21.85% | 23.62% | 24.76% | 24.21% | 24.39% | 30.56% | 17.40% | 13.14% |
| EPS | -2.13 | 2.96 | 4.07 | 3.28 | 1.90 | 1.45 | 3.55 | 1.84 | 3.49 | 3.53 | 3.48 | 2.48 | 1.96 | 1.46 | 0.96 | 0.99 | 1.03 | 0.93 | 0.78 | 0.60 | 0.47 | 0.36 | 0.12 | 0.05 |
| EPS Diluted | -2.13 | 2.94 | 4.04 | 3.26 | 1.89 | 1.44 | 3.54 | 1.83 | 3.47 | 3.50 | 3.45 | 2.46 | 1.95 | 1.45 | 0.96 | 0.99 | 1.02 | 0.92 | 0.76 | 0.58 | 0.44 | 0.31 | 0.10 | 0.05 |
| Weighted Avg Shares Out | 39.18M | 39.64M | 44.96M | 45.54M | 45.39M | 45.28M | 45.67M | 46.32M | 48.13M | 49.99M | 50.37M | 50.99M | 51.33M | 50.46M | 46.26M | 45.69M | 46.94M | 47.73M | 46.93M | 46.07M | 43.64M | 31.59M | 30.00M | 30.00M |
| Weighted Avg Shares Out (Dil) | 39.18M | 39.89M | 45.33M | 45.86M | 45.58M | 45.41M | 45.82M | 46.39M | 48.41M | 50.42M | 50.87M | 51.37M | 51.69M | 50.66M | 46.36M | 45.88M | 47.34M | 48.25M | 48.45M | 47.56M | 47.14M | 36.20M | 34.37M | 34.10M |
Is the Options Market Predicting a Spike in PRA Group (PRAA) Stock?
Investors need to pay close attention to PRA Group (PRAA) stock based on the movements in the options market lately.
PRA Group Announces Pricing of Upsized Offering of Additional $150.0 Million of Senior Notes due 2030
NORFOLK, Va. , Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its upsized offering of $150.0 million aggregate principal amount of 8.875%...
PRA Group Announces Proposed Offering of Additional $100.0 Million of Senior Notes due 2030
NORFOLK, Va. , Nov. 20, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other conditions, to offer $100.0 million aggregate...
PRA Group's Shares Up 17.8% Since Q3 Earnings Beat Estimates
PRAA's third-quarter results benefit from strong cash collection and portfolio income growth. Higher expenses partially offset the positives.
PRA Group to Present at Upcoming November and December 2024 Investor Conferences
NORFOLK, Va. , Nov. 8, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announces today that management is scheduled to participate at the following investor conferences in November and December: Citizens...
Why PRA Group (PRAA) is a Top Momentum Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
PRA Group, Inc. (PRAA) Q3 2024 Earnings Call Transcript
PRA Group, Inc. (NASDAQ:PRAA ) Q3 2024 Results Conference Call November 4, 2024 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vik Atal - President and Chief Executive Officer Rakesh Sehgal - Executive Vice President and...
PRA Group (PRAA) Surpasses Q3 Earnings and Revenue Estimates
PRA Group (PRAA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.31 per share a year ago.
PRA Group Reports Third Quarter 2024 Results
Transformation in U.S. Business Clearly Visible Company On Track to Achieve Financial and Operational Targets for 2024; Announces Targets for 2025 NORFOLK, Va. , Nov. 4, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in...
PRA Group Announces Amendment and Extension of North American and United Kingdom Credit Agreements
NORFOLK, Va. , Oct. 31, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, announced today that it amended and extended its North American Credit Agreement on October 28, 2024 and...
Source: https://incomestatements.info
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