Financial Performance - The principal balance of loans and finance receivables grew at a compound annual growth rate (CAGR) of 27.7%, from $1,121.4 million in 2019 to $3,810.4 million in 2024[43] - Revenue increased at a CAGR of 17.7%, from $1,174.8 million in 2019 to $2,657.8 million in 2024[43] - Net income from continuing operations grew at a CAGR of 10.3%, from $128.0 million in 2019 to $209.4 million in 2024, with net income as a percentage of revenue at 7.9% in 2024 compared to 10.9% in 2019[43] - Adjusted EBITDA increased at a CAGR of 19.0%, from $275.6 million in 2019 to $657.1 million in 2024, with adjusted EBITDA as a percentage of revenue rising from 23.5% in 2019 to 24.7% in 2024[43] Market Opportunity - The U.S. consumer lending opportunity market is estimated at $78 billion, while the small business loan market is approximately $308 billion[36] - The company plans to introduce new products and services to attract underserved consumers and small businesses, including installment loans and international money transfer services[43] Customer Insights and Data - The company has accumulated over 85 terabytes of consumer behavior data from more than 65 million transactions, enhancing its marketing and underwriting capabilities[37] - The customer base for consumer loans predominantly falls within the low to fair range of FICO scores, generally between 500 and 680, with a focus on predictive assessments rather than traditional credit scores[48] Technology and Innovation - The technology platforms are designed for scalability and flexibility, allowing rapid market entry and product launches typically within three to six months[44] - The decision engine developed by the company handles over 100 algorithms and more than 1,000 variables, supported by a team of nearly 90 data and analytics professionals as of December 31, 2024[46] - The proprietary models are based on over 20 years of transaction history, utilizing advanced statistical methods to manage risk and structure loan terms[47] - The fraud prevention system leverages AI and machine learning to detect fraud trends and identify fraudulent applications, aiming to minimize losses from fraud[49] Marketing and Customer Acquisition - Marketing efforts utilize a multi-channel approach, including television, digital, and direct mail, to promote brand awareness and acquire new customers at low cost[52] - The company emphasizes superior customer service through in-house contact centers and continuous improvement based on customer feedback[53] Regulatory Environment - The company is subject to extensive regulation, including the federal Truth in Lending Act and the Fair Credit Reporting Act, which require specific disclosures to borrowers[75] - The company operates in 37 states that have specific statutes and regulations enabling the offering of economically viable consumer loans[92] - The company must comply with state restrictions on the use of lead providers, which have led to the discontinuation of lead providers in certain states[97] - Local jurisdictions are increasingly imposing restrictions on short-term lending, which could impact the company's business[102] Compliance and Risk Management - On November 15, 2023, the company consented to a $15 million civil money penalty related to payment processing errors, which requires honoring loan extensions and obtaining consumer consent for debits[88] - The company has implemented enhanced policies and procedures to prevent prohibited actions identified in the Consent Order[89] - The company continues to monitor and optimize its compliance program, which has not had a material impact on financial results[90] Workforce and Culture - As of December 31, 2024, the company had 1,787 employees, with 1,742 located in the United States[68] - The company offers competitive total rewards packages for U.S.-based employees, including base pay, annual bonuses, and employer-subsidized health insurance[72] - The company emphasizes a diverse workforce, hiring talent from various educational backgrounds and coding bootcamps[68] - The company invests in community initiatives, allowing employees to volunteer and matching charitable donations up to $500 per employee annually[70] - The company utilizes an enterprise learning management system to deliver and manage online learning and development opportunities for employees[71] Competitive Landscape - The company faces competition from various financial institutions, including online lenders and traditional banks, which complicates the assessment of its competitive position[58] - Intellectual property protection is critical, with several registered trademarks, including NetCredit and CashNetUSA, to differentiate services from competitors[59] Economic Factors - The company’s loan portfolio valuation may be impacted by macroeconomic factors affecting customer repayment capacity and expected future cash flows[363] - An increase of 100 basis points to the discount rates used in valuations would decrease the balance of loans and finance receivables at fair value by approximately 0.7% at December 31, 2024 and 2023[364] - Increasing estimates for future credit losses to 110% of current expectations would decrease the balance of loans and finance receivables at fair value by approximately 3.6% and 3.2% at December 31, 2024 and 2023, respectively[365] - Decreasing estimates for future credit losses to 90% of current expectations would increase the balance of loans and finance receivables at fair value by approximately 4.3% and 3.0% at December 31, 2024 and 2023, respectively[365] - Increasing estimates for future prepayments to 110% of current expectations would decrease the balance of loans and finance receivables at fair value by 0.8% at December 31, 2024 and 2023[366] - Decreasing estimates for future prepayments to 90% of current expectations would increase the balance of loans and finance receivables at fair value by 0.8% at December 31, 2024 and 2023[366] - The company regularly monitors proposed legislation or regulations that could affect its business operations[99]

Core Insights - The Lead-Lag Report focuses on helping investors outperform in various market conditions through a tactical, data-driven investment approach [1] - The report emphasizes the importance of understanding risk-on/risk-off signals and seizing high-yield opportunities amid increasing market volatility [1] Group 1 - The Lead-Lag Report is managed by Lead-Lag Publishing, LLC, and provides independent trading signals that may differ from other services offered by the company [2] - The report's opinions and views are subject to change and are not intended as a primary basis for investment decisions [2] - The company disclaims liability for actions taken based on the information provided in the report [2] Group 2 - The report highlights the necessity of leveraging award-winning research to maximize returns in uncertain market conditions [1] - It is noted that past performance is not indicative of future results, and no specific investment recommendations are made [3] - The analysts contributing to the report may not be licensed or certified, indicating a diverse range of perspectives [3]

Core Insights - The Zacks Rank system emphasizes earnings estimates and revisions to identify winning stocks, with value investing being a preferred strategy in various market conditions [1] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly in the "Value" category, where stocks with "A" grades and high Zacks Ranks are considered strong value stocks [2] Company Analysis: Enova International (ENVA) - Enova International (ENVA) currently holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong investor interest [3] - The stock has a Forward P/E ratio of 9.93, which is lower than the industry average of 10.08, suggesting potential undervaluation [3] - Over the past year, ENVA's Forward P/E has fluctuated between a high of 10.85 and a low of 6.47, with a median of 8.16, indicating variability in market perception [3] - The P/S ratio for ENVA is 1.12, compared to the industry's average P/S of 1.49, further supporting the notion that the stock may be undervalued [4] - These metrics contribute to ENVA's strong Value grade, highlighting its impressive earnings outlook and potential as a value stock [5]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent risks and volatility [1] Group 1: Company Overview - Enova International (ENVA) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 8.6%, but projected EPS growth for the current year is expected to be 23.8%, surpassing the industry average of 23.2% [4] Group 2: Financial Metrics - Enova International's year-over-year cash flow growth stands at 11.5%, significantly higher than the industry average of -10% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 19.2%, compared to the industry average of -0.9% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Enova International have been revised upward, with the Zacks Consensus Estimate increasing by 5.1% over the past month [8] - The positive trend in earnings estimate revisions correlates strongly with near-term stock price movements, indicating favorable conditions for the stock [7] Group 4: Investment Positioning - Enova International's combination of a Zacks Rank 1 and a Growth Score of A positions it well for potential outperformance, making it an attractive option for growth investors [9][10]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Enova International’s fourth quarter growth — with double-digit gains in loan originations and revenues — showed strength across small business demand and lending to consumers.The FinTech uses machine learning and digital channels to extend its loans, including to subprime and near-prime borrowers. CEO David Fisher said on the conference call that, in addition, credit metrics tied to Enova’s consumer lending operations were stable. By the numbers, fourth quarter loan originations were up 20% year over year, ...

Investor Presentation Q4 2024 © Enova International, Inc. Safe Harbor Statement Cautionary Statement Regarding Risks and Uncertainties That May Affect Future Results This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about the business, financial condition and prospects of Enova. These forward-looking statements give current expectations or forecasts of future events and reflect the views and assumptions of Enova's senior manageme ...

Core Insights - Enova International (ENVA) reported quarterly earnings of $2.61 per share, exceeding the Zacks Consensus Estimate of $2.33 per share, and showing an increase from $1.83 per share a year ago, resulting in an earnings surprise of 12.02% [1] - The company posted revenues of $729.55 million for the quarter ended December 2024, which was slightly below the Zacks Consensus Estimate by 0.29%, but an increase from $583.59 million year-over-year [2] - Enova International's shares have increased by approximately 15.6% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.18, with expected revenues of $743.73 million, and for the current fiscal year, the EPS estimate is $10.78 on revenues of $3.16 billion [7] - The estimate revisions trend for Enova International is currently unfavorable, leading to a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Financial - Consumer Loans industry, to which Enova International belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Mr Cooper (COOP), is expected to report earnings of $2.58 per share, reflecting a year-over-year increase of 50.9%, with revenues projected at $585.9 million, up 45% from the previous year [9]

Exhibit 99.1 Enova Reports Fourth Quarter and Full Year 2024 Results CHICAGO, February 4, 2025 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced financial results for the fourth quarter and full year ended December 31, 2024. "We are pleased to report our strongest year yet with full year 2024 originations, revenue and adjusted EPS all reaching the highest levels in our company's history. This success ...

Originations rose 20% and total company revenue increased 25% from the fourth quarter of 2023 Diluted earnings per share of $2.30 increased 104% and adjusted earnings per share1 of $2.61 rose 43% compared to the fourth quarter of 2023 Net revenue margin of 57% in the fourth quarter of 2024, compared to 56% in the fourth quarter of 2023, was in line with our expectations and reflects continued strong credit performance Liquidity, including cash and marketable securities and available capacity on facilities, ...