CURO · Curo Group Holdings Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $167.86M | $209.24M | $209.47M | - | $214.12M | $187.69M | $290.20M | - | $138.56M | $142.53M |
| Cost of Revenue | $94.19M | $108.15M | $118.20M | - | $116.36M | $164.41M | $153.47M | - | $64.64M | $57.88M |
| Gross Profit | $73.67M | $101.10M | $91.28M | - | $97.76M | $23.29M | $136.73M | - | $73.92M | $84.65M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($32.59M) | ($57.04M) | ($38.77M) | - | $43.00M | $138.69M | $34.18M | - | ($55.41M) | $138.69M |
| Interest Expense | $55.80M | $66.10M | $58.94M | - | $50.15M | $42.19M | $38.34M | - | $25.80M | $23.44M |
| Income Tax | $1.02M | $2.29M | $20.70M | - | $17.35M | ($6.99M) | $1.11M | - | ($13.38M) | $34.17M |
| Net Income | ($104.44M) | ($59.33M) | ($59.47M) | - | $25.65M | ($26.08M) | $1.34M | - | ($42.04M) | $104.52M |
| EPS - Basic | ($2.53) | ($1.45) | ($1.46) | - | $0.63 | ($0.65) | $0.03 | - | ($1.02) | $2.51 |
| EPS - Diluted | ($2.53) | ($1.45) | ($1.46) | - | $0.63 | ($0.65) | $0.03 | - | ($1.02) | $2.39 |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $82.55M | $112.53M | $54.94M | $73.93M | $45.68M | $37.39M | $60.21M | $63.18M | $205.78M | $276.37M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $1.78B | $2.74B | $2.62B | $2.79B | $2.78B | $2.68B | $2.54B | $2.46B | $1.59B | $1.54B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $2.02B | $2.77B | $2.63B | $2.61B | $2.45B | $2.24B | $2.09B | $1.95B | $1.13B | $1.02B |
| Total Liabilities | $2.17B | $3.01B | $2.85B | $2.84B | $2.65B | $2.56B | $2.39B | $2.30B | $1.39B | $1.28B |
| Stockholders' Equity | ($398.02M) | ($268.37M) | ($228.82M) | ($54.13M) | $124.45M | $115.58M | $152.79M | $160.33M | $197.48M | $266.70M |
| Retained Earnings | ($332.46M) | ($227.90M) | ($168.55M) | $4.27M | $190.69M | $169.50M | $200.01M | $203.47M | $236.78M | $283.37M |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($4.14M) | - | - | - | $83.73M | - | - | - |
| Investing Cash Flow | - | - | $7.01M | - | - | - | ($187.67M) | - | - | - |
| Financing Cash Flow | - | - | $9.09M | - | - | - | $110.32M | - | - | - |
| CapEx | - | - | $10.03M | - | - | - | $11.38M | - | - | - |
| Free Cash Flow | - | - | ($14.17M) | - | - | - | $72.36M | - | - | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 43.9% | 48.3% | 43.6% | - | 45.7% | 12.4% | 47.1% | - | 53.4% | 59.4% |
| Operating margin | -19.4% | -27.3% | -18.5% | - | 20.1% | 73.9% | 11.8% | - | -40.0% | 97.3% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -62.2% | -28.4% | -28.4% | - | 12.0% | -13.9% | 0.5% | - | -30.3% | 73.3% |
| Free cash flow margin | - | - | -6.8% | - | - | - | 24.9% | - | - | - |
| FCF / Net income | - | - | 0.24 | - | - | - | 54.16 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | 40.3% | - | 45.3% | - | - | 24.6% |
| Return on assets | -5.9% | -2.2% | -2.3% | - | 0.9% | -1.0% | 0.1% | - | -2.6% | 6.8% |
| Return on equity | 26.2% | 22.1% | 26.0% | - | 20.6% | -22.6% | 0.9% | - | -21.3% | 39.2% |
| Return on invested capital | -1.6% | -1.8% | -1.3% | - | 1.0% | 4.7% | 0.8% | - | -3.3% | 8.1% |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | -5.09 | -10.33 | -11.48 | -48.16 | 19.68 | 19.34 | 13.68 | 12.14 | 5.73 | 3.82 |
| Debt / Assets | 1.14 | 1.01 | 1.00 | 0.93 | 0.88 | 0.83 | 0.82 | 0.79 | 0.71 | 0.66 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -0.6x | -0.9x | -0.7x | - | 0.9x | 3.3x | 0.9x | - | -2.1x | 5.9x |
| Equity multiplier | -4.46 | -10.23 | -11.46 | -51.52 | 22.32 | 23.17 | 16.64 | 15.35 | 8.06 | 5.79 |
| Liabilities / Assets | 1.22 | 1.10 | 1.09 | 1.02 | 0.96 | 0.96 | 0.94 | 0.93 | 0.88 | 0.83 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | 0.08 | 0.08 | - | 0.08 | 0.07 | 0.11 | - | 0.09 | 0.09 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -21.6% | 11.5% | -27.8% | - | 54.5% | 31.7% | 80.9% | - | 8.9% | 8.1% |
| Revenue CAGR (3y) | 9.7% | 16.7% | 7.8% | - | 7.3% | 7.2% | 18.2% | - | -2.3% | -2.0% |
| Revenue CAGR (5y) | 2.5% | 6.7% | 5.2% | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -24.6% | 334.1% | -33.2% | - | 32.2% | -72.5% | 34.2% | - | 16.3% | 10.7% |
| Operating income growth (YoY) | - | - | - | - | - | 0.0% | 0.2% | - | - | 526.2% |
| Net income growth (YoY) | - | -127.5% | - | - | - | - | -94.8% | - | - | 373.5% |
| EPS growth (YoY) | - | -123.1% | - | - | - | - | -94.9% | - | - | 350.9% |
| EPS CAGR (3y) | - | - | - | - | 1.6% | - | -66.4% | - | - | 78.5% |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | -32.9% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | -37.0% | -56.7% | -4.6% | 21.5% | 75.5% | 187.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$572.17M totalUnited States Segment$359.93M · 62.9%
Canada Direct Lending$202.04M · 35.3%
Canada POSLending$10.20M · 1.8%
Peer comparison
Same SIC group: Finance Services
Comparing CURO Group Holdings Corp. against the 5 most active filers in the same SIC group.