Enova International, Inc. (NYSE:ENVA) Q1 2023 Earnings Conference Call April 25, 2023 5:00 PM ET Company Participants Lindsay Savarese - IR David Fisher - Chairman & CEO Steven Cunningham - CFO Conference Call Participants David Scharf - JMP Securities John Hecht - Jefferies Vincent Caintic - Stephens Inc. John Rowan - Janney Montgomery Scott Operator Good afternoon and welcome to the Enova International First Quarter 2023 Earnings Conference Call. [Operator Instructions]. I would now like to turn the confe ...

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, 2022 OR ☐ 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 jurisdiction of incorpo ...

Enova International, Inc. (NYSE:ENVA) Q4 2022 Earnings Conference Call February 1, 2023 5:00 PM ET Company Participants Lindsay Savarese - Investor Relations David Fisher - Chief Executive Officer Steven Cunningham - Chief Financial Officer Conference Call Participants David Scharf - JMP John Hecht - Jefferies John Rowan - Janney Vincent Caintic - Stephens Operator Good day and welcome to the Enova International Fourth Quarter and Full Year 2022 Earnings Conference Call. [Operator Instructions] Please note, ...

Financial Data and Key Metrics - Revenue in Q3 2022 increased 42% YoY and 12% sequentially to $456 million [10] - Adjusted EBITDA was $115 million, and adjusted EPS was $1.74, both showing increases from Q3 2021 [10] - Net charge-offs were 8.4% in Q3, slightly higher than Q2 but well below pre-COVID levels of 13.4% in Q3 2019 [13] - Total company originations reached $1.2 billion, up 10% sequentially and 40% YoY [23] - The portfolio grew 59% YoY to just over $2.6 billion [24] Business Line Data and Key Metrics - Small business products represented 60% of the portfolio, while consumer products accounted for 40% [19] - Within consumer products, line of credit products increased to 33% of the portfolio, while installment products decreased to 67% [19] - Small business revenue increased 15% sequentially and 72% YoY to $173 million [34] - Consumer revenue increased 10% sequentially and 29% YoY to $277 million [35] Market Data and Key Metrics - Small business originations increased 75% YoY to $807 million [34] - Consumer originations were flat YoY at $396 million [35] - The company observed strong demand and low competition, with some competitors pulling back on originations [27] Company Strategy and Industry Competition - The company is focusing on shorter-term subprime line of credit products and SMB products, which have average effective terms of under a year [18] - The company is maintaining a balanced approach to growth and risk, increasing ROE targets across all products [22] - The company is leveraging its technology, analytics, and diversified product offerings to differentiate from competitors [15][16] - The company is seeing strong demand for SMB products as banks tighten credit, leading to high-quality borrowers coming to them [26] Management Commentary on Operating Environment and Future Outlook - Management highlighted the strength of the company's technology, analytics, and team in navigating economic uncertainty [12] - The company expects strong originations in Q4, driven by strong demand and low competition [23] - Management is optimistic about the company's ability to manage credit risk, given historically high employment levels and strong wage growth [25] - The company expects total revenue for Q4 to grow sequentially but at a slower rate than Q3 [36] Other Important Information - The company ended Q3 with $769 million of liquidity, including $189 million in cash and marketable securities [51] - The company acquired 588,000 shares at a cost of approximately $20 million during Q3 [53] - The company expects marketing expenses to be in the low 20% range of revenue in the near term [48] Q&A Session Summary Question: Impact of Fed actions and inflation on credit risk [61] - Management stated that the company is not incorporating macroeconomic adjustments into its fair value calculations and is confident in its ability to manage credit risk even if unemployment rates rise [62] Question: Origination strategy and duration risk [64] - Management explained that the company is focusing on shorter-duration loans to reduce risk in an uncertain macroeconomic environment [66] Question: Yields and mix shift in consumer products [69] - Management noted that the mix shift towards higher APR loans is driving higher yields in the consumer portfolio [69] Question: Fourth-quarter margin guidance [71] - Management confirmed that the long-term margin range of 55% to 65% remains appropriate [71] Question: Competition and market dynamics [77] - Management attributed weaker competition to credit fears and liquidity crunches, with some competitors pulling back on originations [78] Question: Use cases for credit in an inflationary environment [82] - Management noted that use cases have shifted slightly towards smaller cash needs but remain consistent with historical trends [83] Question: Small business borrower health and leading indicators [89] - Management highlighted that the company segments small business lending by industry and size, avoiding sectors like construction and trucking that are currently struggling [90][91] Question: Funding needs and impact of rising rates [95] - Management stated that the company has been successful in raising new facilities with favorable terms and expects to continue accessing external financing as needed [96]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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, 2022 OR ☐ 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 ...

Enova International, Inc. (NYSE:ENVA) Q2 2022 Earnings Conference Call July 28, 2022 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 Hecht - Jefferies John Rowan - Janney Operator Good afternoon, and welcome to the Enova International Second Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] A ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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 June 30, 2022 OR ☐ 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 jurisdic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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 March 31, 2022 OR ☐ 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 jurisdi ...

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, 2021 OR ☐ 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 jurisdiction of incorpo ...

enova. Investor Presentation February 2022 © 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 se ...