Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 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 ___________ Commission file number 001-10960 FIRSTCASH HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 87- ...

RETAIL SALES TYPICAL MARGIN: 35% - 45% FIRSTCASH HOLDINGS, INC. P . 5 NASDAQ: FCFS PAWN RECEIVABLES ARE FULLY COLLATERALIZED AND NOT SUBJECT TO CONSUMER CREDIT RISK CREDIT TIGHTENING BY UNSECURED LENDERS DRIVES INCREASED DEMAND FOR PAWN February 2023 Cautionary Statement Regarding Forward-Looking Statements FIRSTCASH HOLDINGS, INC. P . 2 — U.S. Pawn Segment: Operations in 25 States and the District of Columbia — RETAIL POS PAYMENT SOLUTIONS SEGMENT: AMERICAN FIRST FINANCE ("AFF") PROVIDES LEASE-TO-OWN ("LTO ...

Table of Contents 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 001-10960 FIRSTCASH HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other j ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ 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 001-10960 FIRSTCASH HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware ...

Pawn Operations - As of June 30, 2022, the Company operated 2,834 pawn store locations, including 1,076 in the U.S. and 1,758 in Latin America[123] - The U.S. pawn segment reported a 33% increase in pawn loans, totaling $271.3 million as of June 30, 2022, compared to $203.8 million in the prior year[132] - U.S. pawn loan receivables increased by 33% as of June 30, 2022, compared to June 30, 2021, driven by recovery in pawn lending demand[139] - Latin America pawn loan receivables increased by 6% (7% on a constant currency basis) as of June 30, 2022, compared to June 30, 2021[152] - The average outstanding pawn loan amount in Latin America remained stable at $80 as of June 30, 2022[145] Financial Performance - Total revenue for the U.S. pawn segment increased by 21% to $298.8 million for the three months ended June 30, 2022, up from $247.0 million in the same period of 2021[135] - Consolidated net income for the three months ended June 30, 2022, was $86.108 million, a 203% increase from $28.427 million in the prior year[164] - The company reported a net income of $114.1 million for the six months ended June 30, 2022, an 84% increase from $62.1 million in the prior year[193] - The company’s total revenue as reported for the six months ended June 30, 2022, was $1,307,455 thousand, compared to $797,517 thousand in 2021, representing a 64% increase[242] Revenue and Sales Growth - Retail merchandise sales in the U.S. rose 13% to $195.4 million during the second quarter of 2022, with same-store sales increasing by 10%[136] - Latin America retail merchandise sales increased by 11% to $102.9 million in Q2 2022, driven by strong demand for deep value goods[150] - U.S. retail merchandise sales rose by 10% to $400.311 million, with same-store sales increasing by 7%[175] - Total revenue for the Latin America pawn segment was $313.0 million, reflecting a 14% increase compared to the prior year[184] Operating Income and Margins - Segment pre-tax operating income for the U.S. pawn segment increased by 36% to $64.0 million for the three months ended June 30, 2022, compared to $47.1 million in the same period of 2021[135] - U.S. segment pre-tax operating income for Q2 2022 was $64.0 million, with a pre-tax operating margin of 21%, compared to $47.1 million and 19% in the prior year[142] - Segment pre-tax operating income for Latin America was $33.2 million in Q2 2022, with a pre-tax operating margin of 21%, up from $28.1 million and 20% in the prior year[155] Expenses and Costs - Administrative expenses increased by 35% to $37.068 million, but as a percentage of revenue, they decreased from 7% to 6%[165] - Operating expenses in Latin America increased by 5% to $48.1 million in Q2 2022, reflecting inflationary pressures and store growth[154] - Interest expense increased 125% to $32.5 million, attributed to higher outstanding senior unsecured notes and interest rates[197] Cash Flow and Capital Management - Cash flow provided by operating activities increased by $113.0 million, or 99%, from $113.7 million for the six months ended June 30, 2021, to $226.8 million for the same period in 2022[214] - The company had working capital of $728.7 million as of June 30, 2022, compared to $401.2 million in the prior year[213] - The company repurchased 1,349,000 shares of common stock at an aggregate cost of $92.7 million during the six months ended June 30, 2022, compared to 536,000 shares for $38.0 million in the same period of 2021[208] Adjusted Financial Metrics - Adjusted net income for the three months ended June 30, 2022, was $51.2 million, or $1.08 per diluted share, compared to $29.0 million, or $0.71 per diluted share for the same period in 2021[227] - Adjusted EBITDA for the trailing twelve months ended June 30, 2022, was $197,765 thousand, compared to $123,125 thousand for the same period in 2021, reflecting a 60% increase[235] - Adjusted free cash flow for the six months ended June 30, 2022, was $152,023 thousand, compared to $85,174 thousand in the same period of 2021, reflecting an increase of 78%[239] Strategic Initiatives - The company plans to expand pawn operations by adding up to 60 full-service pawn locations in 2022, contingent on identifying suitable markets and locations[203] - The company intends to continue investments in its technology platforms and proprietary decisioning systems to support the expansion of retail POS payment solutions operations[206] Tax and Accounting - The effective income tax rate decreased to 21.5% from 26.7% due to an increase in U.S. sourced income and a permanent domestic tax benefit[171] - The consolidated effective income tax rates for the six months ended June 30, 2022, and 2021 were 22.2% and 27.0%, respectively, primarily due to an increase in U.S. sourced income and a $3.4 million permanent domestic tax benefit related to a $63.0 million gain on revaluation of contingent consideration from the AFF Acquisition[200]

Pawn Operations - As of March 31, 2022, the Company operated 2,829 pawn store locations, including 1,078 in the U.S. and 1,751 in Latin America[110] - U.S. pawn loans increased by 42% to $241.6 million compared to $169.6 million as of March 31, 2021[119] - U.S. inventories rose by 44% to $184.7 million from $128.3 million as of March 31, 2021[124] - Total revenue for the U.S. pawn segment increased by 13% to $311.8 million compared to $275.6 million in the same period last year[122] - U.S. pawn loan fees increased by 18% to $90.3 million during the first quarter of 2022 compared to $76.4 million in the first quarter of 2021[127] - The average outstanding pawn loan amount increased by 5% to $226 as of March 31, 2022, compared to $215 as of March 31, 2021[119] - Segment pre-tax operating income for the U.S. pawn segment increased by 20% to $73.1 million compared to $60.9 million in the prior year[122] - Same-store retail sales in the U.S. increased by 4% in the first quarter of 2022 compared to the first quarter of 2021[123] - The percentage of inventory aged greater than one year decreased to 1% as of March 31, 2022, from 2% as of March 31, 2021[124] - Latin America pawn loan receivables rose by 7% to $102.5 million as of March 31, 2022, with same-store receivables increasing by 6%[139] - Total revenue for the Latin America pawn segment was $155.6 million in Q1 2022, an 18% increase from $132.4 million in Q1 2021[135] - Segment pre-tax operating income for Latin America was $29.5 million in Q1 2022, reflecting a 15% increase from $25.7 million in the prior year[142] - Latin America pawn loan fees increased by 6% to $41.5 million in Q1 2022 compared to $39.1 million in Q1 2021[140] - Latin America inventories increased by 10% to $62.6 million as of March 31, 2022, compared to $57.0 million a year earlier[138] - The average outstanding pawn loan amount in Latin America increased by 4% to $79 as of March 31, 2022[132] Retail Payment Solutions - The Company provided lease-to-own and retail finance payment solutions through approximately 6,900 active retail merchant partner locations as of March 31, 2022[112] - Total revenue for the Retail POS Payment Solutions Segment was $192.4 million, with an adjusted total revenue of $208.6 million for the three months ended March 31, 2022[149] - Segment pre-tax operating income for the Retail POS Payment Solutions was $4.6 million, with an adjusted pre-tax operating income of $25.1 million[151] Financial Performance - Adjusted net income for Q1 2022 was $56.9 million, or $1.18 per share, compared to $34.9 million, or $0.85 per share in Q1 2021[184] - EBITDA for Q1 2022 was $78.1 million, compared to $64.0 million in Q1 2021, reflecting an increase of 22%[187] - Adjusted EBITDA for Q1 2022 was $101.3 million, up from $65.6 million in Q1 2021, representing a growth of 54%[187] - Total revenue for the three months ended March 2022 was reported at $659,839,000, compared to $407,939,000 for the same period in 2021, indicating a 62.0% growth[192] - Adjusted total revenue, excluding purchase accounting adjustments, was $676,012,000 for the three months ended March 2022[192] Cash Flow and Expenses - Cash flow provided by operating activities was $120.1 million for the three months ended March 31, 2022, compared to $69.2 million for the same period in 2021[170] - Net cash provided by operating activities increased by $51.0 million, or 74%, from $69.2 million in Q1 2021 to $120.1 million in Q1 2022[173] - Net cash provided by investing activities decreased by $17.1 million, or 99%, from $17.3 million in Q1 2021 to $0.2 million in Q1 2022[174] - Net cash used in financing activities increased by $31.2 million, or 32%, from $96.7 million in Q1 2021 to $127.9 million in Q1 2022[175] - The company funded $72.2 million for share repurchases and paid dividends of $14.5 million in Q1 2022, compared to $5.0 million and $11.1 million in Q1 2021, respectively[175] - Administrative expenses increased by 19% to $36.9 million compared to $31.0 million in the first quarter of 2021, while as a percentage of revenue, they decreased from 8% to 6%[152] - Corporate depreciation and amortization expense surged by 1,438% to $14.9 million, primarily due to $14.2 million in amortization related to the AFF Acquisition[153] - Interest expense rose by 124% to $16.2 million, attributed to an increase in outstanding senior unsecured notes and higher average balances on unsecured credit facilities[154] Strategic Initiatives - The company completed the AFF Acquisition on December 17, 2021, and has since consolidated its results, impacting finance receivables and leased merchandise[144] - The Company plans to expand pawn operations by adding up to 60 new full-service pawn locations in Latin America in 2022[159] Market and Risk Exposure - The company uses constant currency results to evaluate performance in Latin America, which helps exclude the effects of foreign currency fluctuations[195] - There have been no material changes to the company's exposure to market risks since December 31, 2021, with risks primarily from interest rates, gold prices, and foreign currency exchange rates[197] - The company believes that adjusted metrics provide greater transparency and a more complete understanding of its financial performance and prospects[191]

Table of Contents 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 001-10960 FIRSTCASH HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 87-39207 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 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 001-10960 FIRSTCASH, INC. (Exact name of registrant as specified in its charter) Delaware 75-22373 ...

Store Operations - As of June 30, 2021, the Company operated 2,804 store locations, including 1,071 in the U.S. and 1,733 in Latin America[88]. - The Company plans to grow revenues by opening new retail pawn locations and acquiring existing stores in strategic markets[87]. - The company intends to continue expansion through new store openings primarily in Latin America and opportunistic acquisitions in both the U.S. and Latin America[159]. Financial Performance - Total revenue for the U.S. operations segment decreased by 15% to $247.0 million from $291.0 million in the same period last year[100]. - Consolidated net income for Q2 2021 was $28.4 million, a 10% increase from $25.9 million in Q2 2020[126]. - U.S. operations segment pre-tax operating income decreased by 10% to $47.1 million in Q2 2021 compared to $52.2 million in Q2 2020[126]. - Latin America operations segment pre-tax operating income increased by 36% to $28.1 million in Q2 2021 compared to $20.6 million in Q2 2020[126]. - Total revenue for U.S. operations decreased by 13% to $522.6 million in the first half of 2021 compared to $601.6 million in the first half of 2020[131]. - U.S. retail merchandise sales decreased by 10% to $363.2 million during the first half of 2021 compared to $404.9 million in the first half of 2020[134]. - Consolidated net income increased 6% to $62.1 million for the six months ended June 30, 2021, compared to $58.8 million for the same period in 2020[151]. Loan and Revenue Trends - U.S. pawn loans increased by 29% to $203.8 million compared to $158.3 million as of June 30, 2020[96]. - Pawn loan receivables increased 29% in total and 24% on a same-store basis as of June 30, 2021, compared to June 30, 2020[105]. - Pawn loan fees in Latin America increased 43% to $43.0 million during Q2 2021 compared to $30.1 million in Q2 2020[120]. - U.S. pawn loan fees decreased 7% to $66.9 million during Q2 2021 compared to $71.9 million in Q2 2020[106]. - U.S. pawn loan fees decreased by 16% to $143.3 million during the first half of 2021 compared to $169.8 million in the first half of 2020[136]. Inventory Management - U.S. inventories rose by 20% to $144.1 million from $120.4 million as of June 30, 2020[104]. - The percentage of inventory aged greater than one year in the U.S. decreased to 1% from 3% year-over-year[104]. - Inventories in Latin America increased 22% from $59.6 million at June 30, 2020, to $72.9 million at June 30, 2021[119]. Market Conditions and Risks - The COVID-19 pandemic has had a continuing impact on the Company's operations and demand for pawn loans[92]. - The impact of COVID-19 presents material uncertainty that could adversely affect the Company's future results of operations and cash flows[167]. - Market risks primarily arise from changes in interest rates, gold prices, and foreign currency exchange rates[190]. Cash Flow and Capital Management - Net cash provided by operating activities decreased by $29.6 million, or 21%, from $143.3 million in 2020 to $113.7 million in 2021[164]. - Net cash used in investing activities increased by $238.4 million, or 183%, from net cash provided of $130.4 million in 2020 to net cash used of $107.9 million in 2021[165]. - Net cash used in financing activities decreased by $223.3 million, or 91%, from $244.8 million in 2020 to $21.5 million in 2021[166]. - Working capital increased from $325.5 million in 2020 to $401.2 million in 2021[164]. - Current ratio improved from 2.6:1 in 2020 to 2.7:1 in 2021[164]. - The company reported total debt of $663,000 thousand, with cash and cash equivalents of $(50,061) thousand, resulting in net debt of $612,939 thousand[182]. Shareholder Returns - The company declared a $0.30 per share cash dividend for the third quarter, totaling $12.2 million based on the June 30, 2021 share count[160]. - The company repurchased 536,000 shares of common stock at an aggregate cost of $38.0 million during the six months ended June 30, 2021[161]. Expense Management - U.S. store operating expenses decreased 9% to $93.6 million during Q2 2021 compared to $103.3 million in Q2 2020[108]. - Administrative expenses decreased by 3% to $27.4 million in Q2 2021 compared to $28.4 million in Q2 2020[127]. - Administrative expenses decreased 5% to $58.4 million during the six months ended June 30, 2021, compared to $61.3 million for the same period in 2020[152]. - Interest expense decreased 6% to $14.4 million during the six months ended June 30, 2021, compared to $15.4 million in 2020[153]. Adjusted Financial Metrics - Adjusted net income for the six months ended June 30, 2021 was $29.0 million, with adjusted diluted earnings per share of $0.71[176]. - The company reported an adjusted EBITDA of $57,524 thousand for June 2021, compared to $53,930 thousand in June 2020, reflecting a year-over-year increase of approximately 2.2%[182]. - Free cash flow for June 2021 was $(17,845) thousand, a significant decrease from $182,019 thousand in June 2020, indicating a decline in cash generation[186]. - Adjusted free cash flow for June 2021 was $(17,019) thousand, a decrease from $182,115 thousand in June 2020, highlighting challenges in cash flow management[186].

Store Operations - As of March 31, 2021, the Company operated 2,771 store locations, including 1,046 in the U.S. and 1,725 in Latin America[80]. - The Company opened 24 new locations in Latin America during the reporting period[81]. - The company opened 24 new stores in Q1 2021, with a projected total of 50 to 60 new full-service pawn locations for the year[137]. Financial Performance - Consolidated net income for Q1 2021 was $33.7 million, a 2% increase from $32.9 million in Q1 2020[121]. - Net income for the three months ended March 2021 was $33,715, compared to $32,918 for the same period in 2020, representing a growth of 2.4%[160]. - Adjusted net income for Q1 2021 was $34.9 million, or $0.85 per diluted share, compared to $40.3 million, or $0.96 per diluted share in Q1 2020[157]. - Adjusted EBITDA for the three months ended March 2021 was $65,601, down from $74,606 in the same period of 2020, indicating a decrease of 12.5%[160]. - Free cash flow for the three months ended March 2021 was $102,077, compared to $119,083 for the same period in 2020, reflecting a decline of 14.3%[163]. Revenue and Sales - Total revenue for the U.S. operations segment decreased by 11% to $275.6 million in Q1 2021 compared to $310.7 million in Q1 2020[95]. - Retail merchandise sales in the U.S. decreased by 3% to $190.0 million in Q1 2021 compared to $196.0 million in Q1 2020[96]. - Latin America retail merchandise sales decreased by 18% to $82.1 million during Q1 2021 compared to $100.7 million in Q1 2020[110]. - U.S. wholesale scrap jewelry revenue decreased by 41% to $9.2 million during Q1 2021 compared to $15.5 million in Q1 2020[101]. - Latin America wholesale scrap jewelry revenue increased by 3% to $11.2 million during Q1 2021 compared to $10.9 million in Q1 2020[116]. Loan and Inventory Metrics - Consolidated pawn loan balances decreased by 16% compared to the prior year quarter, with U.S. pawn loans down 24% to $169.6 million[85][92]. - The average outstanding pawn loan amount increased by 18% to $215 in Q1 2021 compared to $182 in Q1 2020[92]. - The percentage of inventory aged greater than one year decreased to 2% from 3% year-over-year[92]. - U.S. inventories decreased by 21% from $162.1 million at March 31, 2020, to $128.3 million at March 31, 2021[98]. - Inventories in Latin America decreased by 13% from $65.7 million at March 31, 2020, to $57.0 million at March 31, 2021[111]. Operating Expenses and Income - U.S. store operating expenses decreased by 12% to $95.2 million during Q1 2021 compared to $107.7 million in Q1 2020[102]. - U.S. operations pre-tax operating income decreased by 5% to $60.9 million, while Latin America operations decreased by 19% to $25.7 million[121]. - Latin America segment pre-tax operating income for Q1 2021 was $25.7 million, with a pre-tax segment operating margin of 19%[119]. - Total corporate expenses and other income decreased by 20% to $40.3 million compared to $50.6 million in Q1 2020[121]. Cash Flow and Debt - Cash flow provided by operating activities decreased by 11% to $69.2 million from $77.4 million in Q1 2020[142]. - The net debt ratio as of March 31, 2021, was 2.1 to 1, compared to 1.9 to 1 in the previous year[140]. - Total debt outstanding as of March 2021 was $544,000, down from $655,519 at the end of 2020[160]. - Cash flow from operating activities for the three months ended March 2021 was $69,174, compared to $77,385 for the same period in 2020, a decrease of 10.3%[163]. Shareholder Returns and Commitments - The Company declared a $0.30 per share cash dividend for Q2 2021, totaling $12.3 million based on the March 31, 2021 share count[145]. - The Company repurchased 84,000 shares of common stock at an aggregate cost of $5.0 million in Q1 2021, compared to 981,000 shares at $80.3 million in Q1 2020[146]. - The Company has approximately $116.9 million remaining under its authorized stock repurchase programs as of March 31, 2021[146]. - As of March 31, 2021, the Company had contractual commitments to deliver 12,000 gold ounces at a weighted-average price of $1,855 per ounce between April 2021 and December 2021[147]. Regulatory and Market Impact - The impact of COVID-19 has led to significant fluctuations in demand for pawn loans, particularly in the U.S. due to federal stimulus payments[84][87]. - The Illinois General Assembly passed the Predatory Loan Prevention Act, which caps annual effective interest rates at 36% on most consumer loans, potentially impacting the Company's operations in Illinois[150]. Foreign Exchange and Non-GAAP Measures - Loss on foreign exchange decreased by 90% to $0.3 million in Q1 2021 compared to $2.7 million in Q1 2020[123]. - The Company experienced a non-cash foreign currency loss related to lease liability of $421,000 in Q1 2021, compared to $3.1 million in Q1 2020[158]. - The company continues to evaluate its financial performance using non-GAAP measures, which exclude certain items not representative of core operating performance[151].