Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Enova International (ENVA) .Enova International currently has an average b ...

Despite the roaring market and economy, the magnitude of plastic debt forces an uncomfortable and cynical discussion: stocks benefiting from credit card delinquencies.Last year, Americans’ collective plastic balance reached past the $1 trillion level. Earlier this year, the metric landed at $1.13 trillion. And this isn’t just some high-level number that has no economic bearing. Indeed, the New York Federal Reserve reported that credit card and auto loan delinquencies are continuing to rise. This trend is pa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Enova International, Inc. (Exact name of registrant as specified in its charter) Delaware 45-3190813 (State or other jurisdiction of incorporation or organization) 175 Wes ...

New survey analyzes small business sentiment and cash flow data for holistic overview of small business healthCHICAGO, Feb. 15, 2024 /PRNewswire/ -- Today, OnDeck Capital, the leading small business lending company at Enova (NYSE: ENVA), and Ocrolus, the document AI and cash flow analytics platform for lenders, released the first-of-its-kind Small Business Cash Flow Trend Report. The new quarterly report combines small business survey results with cash flow data from companies to provide deeper insights int ...

There are many types of companies in the financial markets, firstly from different sectors, and secondly, they can vary according to their capitalization size. Their capitalization can go by various factors, either the time they have been in the stock market, their attractiveness, or the great appetite of investors for the company, among many others. Still, in theory, the capitalization of a company is not an indication by itself that a company is good or bad; to determine that, you must study the company. ...

Total revenue increased 20% from the fourth quarter of 2022 to $584 million Diluted earnings per share totaled $1.13 and adjusted earnings per share totaled $1.83 Total company combined loans and finance receivables increased 16% from the end of fourth quarter of 2022 to $3.3 billion as total company originations reached a quarterly record of $1.4 billion Continued solid credit performance and outlook with a fourth quarter net revenue margin of 56% and a sequential increase in the fair value of the consoli ...

WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-35503 Enova International, Inc. (Exact name of registrant as specified in its charter) Delaware 45-3190813 (State or other jur ...

Financial Performance - Consolidated total revenue increased by $91.4 million, or 22.4%, to $499.4 million for the three months ended June 30, 2023, compared to $408.0 million for the same period in 2022[140]. - Consolidated net revenue was $299.4 million in the current quarter, up from $264.6 million in the prior year quarter[140]. - Consolidated income from operations rose by $22.1 million, or 24.7%, to $111.6 million in the current quarter compared to $89.5 million in the prior year quarter[140]. - Consolidated net income was $48.1 million in the current quarter, down from $52.4 million in the prior year quarter[140]. - Consolidated diluted income per share was $1.50 in the current quarter, compared to $1.56 in the prior year quarter[140]. - Revenue increased by $189.0 million, or 23.8%, to $982.7 million for the six-month period ended June 30, 2023, compared to $793.7 million for the prior year[192]. - Net revenue for the current six-month period was $585.3 million, up from $533.2 million for the prior year, with a net revenue margin of 59.6% compared to 67.2%[193]. Loan and Finance Receivables - Enova International extended approximately $4.5 billion in credit to borrowers in 2022 and $2.2 billion in the first half of 2023[123]. - Loans and finance receivables revenue accounted for 98.7% of total revenue in the current quarter[141]. - The fair value of the loan and finance receivable portfolio was $3,092.4 million as of June 30, 2023, compared to $2,460.9 million as of June 30, 2022[156]. - The outstanding principal balance of the loan and finance receivables portfolio increased to $2,756.9 million as of June 30, 2023, from $2,300.7 million in the prior year[156]. - As of June 30, 2023, total loans and finance receivables amounted to $2,771,141, an increase from $2,312,529 in the previous year[158]. - The ending combined loans and finance receivables balance was $2,874,529 as of June 30, 2023, reflecting growth from $2,798,076 in the previous quarter[169]. - The ending balance of combined consumer loans and finance receivables increased by 6.6% to $1,085.7 million as of June 30, 2023, compared to $1,018.8 million at June 30, 2022, primarily due to originations outpacing repayments[172]. - The ending balance of small business loans and finance receivables increased by 30.3% to $1,788.8 million as of June 30, 2023, compared to $1,372.7 million at June 30, 2022, due to originations outpacing repayments[177]. Revenue by Segment - Revenue from the small business portfolio increased by 27.0% to $190.5 million for the three months ended June 30, 2023[153]. - The consumer portfolio revenue increased by 19.5% to $302.3 million for the same period[155]. - Revenue from consumer loans and finance receivables was $302.3 million for the current quarter, up from $253.0 million for the prior year quarter, driven by portfolio growth[174]. - Revenue from small business loans and finance receivables was $190.5 million for the current quarter, compared to $149.9 million for the prior year quarter, driven by overall portfolio growth[179]. Delinquency and Credit Performance - The delinquency rate for loans over 30 days increased to 7.7% as of June 30, 2023, up from 7.1% in the previous quarter[169]. - The percentage of loans greater than 30 days delinquent decreased to 6.8% at June 30, 2023, down from 7.1% at June 30, 2022, indicating improved credit performance[173]. - The percentage of loans greater than 30 days delinquent for small business loans rose to 8.3% at June 30, 2023, compared to 3.6% at June 30, 2022, reflecting increased delinquency rates[178]. Operating Expenses - Total operating expenses increased to $187.8 million in the current quarter from $175.1 million in the prior year quarter[141]. - Marketing expenses rose to $96.0 million in the current quarter from $91.5 million in the prior year quarter, primarily due to higher online advertising costs[181]. - Total expenses increased by $11.4 million, or 3.2%, to $364.4 million in the current six-month period compared to $353.0 million in the prior year[197]. Cash Flow and Liquidity - Net cash provided by operating activities increased by $189.2 million, or 48.2%, to $581.3 million for the six months ended June 30, 2023, compared to $392.2 million for the same period in 2022[217]. - Cash flows used in investing activities were $483.5 million for the current six-month period, a decrease from $751.3 million in the prior year[219]. - The company expects cash flows from operations and available cash balances to be sufficient to fund future operating liquidity needs[218]. Technology and Analytics - Approximately 90% of the analytical models used by Enova are machine learning-enabled, enhancing risk analytics and decision-making[125]. - The company has developed proprietary underwriting systems that utilize advanced risk analytics, including machine learning and artificial intelligence[125]. - Enova's technology platforms processed approximately 2.5 million transactions in 2022, indicating significant operational capacity[126]. Market Presence and Expansion - The company operates in 37 states in the U.S. and Brazil, providing loans and financing to consumers and small businesses[123]. - Enova's acquisition of On Deck Capital in October 2020 expanded its small business lending offerings across the U.S., Australia, and Canada[126]. - Enova's money transfer platform, acquired through Pangea, allows customers to send money from the U.S. to various countries, enhancing its service offerings[134].

Non-Prime consumers are frequently turned down by traditional banks and credit unions. Enova < 1% of Loan Balances Q2 2022 Q2 2023 12% 20% 26% 24% 18% 12% 21% 27% 24% 16% Super Prime © Enova International, Inc. 9 Compliance Customer Safety and Privacy Apply and manage account anytime and anywhere privately from desktop or mobile devices with secure systems to protect sensitive information © Enova International, Inc. © Enova International, Inc. 11 RealView™ Credit Modeling: Performance vs Standard Scoring En ...

Enova International, Inc. (NYSE:ENVA) Q2 2023 Earnings Conference Call July 25, 2023 5:00 PM ET Company Participants Lindsay Savarese – Investor Relations David Fisher – Chief Executive Officer Steve Cunningham – Chief Financial Officer Conference Call Participants David Scharf – JMP John Rowan – Janney Vincent Caintic – Stephens Alexander Villalobos – Jefferies Operator Good afternoon and welcome to the Enova International Second Quarter 2023 Earnings Conference Call. All participants will be in listen-onl ...