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[Part I. Financial Information](index=5&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) This section covers the company's unaudited financial statements, management's analysis, market risks, and internal controls [Financial Statements (Unaudited)](index=5&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited consolidated financial statements and detailed notes for FirstCash Holdings, Inc. for the specified periods [Consolidated Balance Sheets](index=5&type=section&id=Consolidated%20Balance%20Sheets) As of September 30, 2023, total assets increased to $4.17 billion from $3.90 billion at year-end 2022, primarily driven by growth in pawn loans, goodwill from acquisitions, and leased merchandise, while total liabilities also rose to $2.26 billion from $2.03 billion due to increased borrowings Consolidated Balance Sheet Highlights (in thousands) | Account | Sep 30, 2023 | Dec 31, 2022 | | :--- | :--- | :--- | | **Total Current Assets** | $1,234,640 | $1,130,662 | | Pawn loans | $483,785 | $390,617 | | Goodwill | $1,713,354 | $1,581,381 | | **Total Assets** | **$4,174,563** | **$3,904,867** | | **Total Current Liabilities** | $317,370 | $295,529 | | Revolving unsecured credit facilities | $560,229 | $339,000 | | Senior unsecured notes | $1,037,151 | $1,035,698 | | **Total Liabilities** | **$2,256,979** | **$2,025,101** | | **Total Stockholders' Equity** | **$1,917,584** | **$1,879,766** | [Consolidated Statements of Income](index=6&type=section&id=Consolidated%20Statements%20of%20Income) For Q3 2023, total revenue grew 17% year-over-year to $786.3 million, but net income slightly decreased to $57.1 million, resulting in a flat diluted EPS of $1.26, while for the nine-month period, revenue grew 16% and net income declined 14% Q3 2023 vs Q3 2022 Income Statement (in thousands, except EPS) | Metric | Q3 2023 | Q3 2022 | Change | | :--- | :--- | :--- | :--- | | Total Revenue | $786,301 | $672,143 | +17.0% | | Net Revenue | $388,647 | $323,292 | +20.2% | | Income Before Income Taxes | $77,624 | $75,395 | +3.0% | | Net Income | $57,144 | $59,316 | -3.7% | | Diluted EPS | $1.26 | $1.26 | 0.0% | Nine Months 2023 vs 2022 Income Statement (in thousands, except EPS) | Metric | 9M 2023 | 9M 2022 | Change | | :--- | :--- | :--- | :--- | | Total Revenue | $2,299,662 | $1,979,598 | +16.2% | | Net Revenue | $1,089,590 | $915,451 | +19.0% | | Income Before Income Taxes | $201,361 | $222,027 | -9.3% | | Net Income | $149,712 | $173,429 | -13.7% | | Diluted EPS | $3.27 | $3.64 | -10.2% | [Consolidated Statements of Cash Flows](index=10&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) For the nine months ended September 30, 2023, net cash from operating activities slightly decreased to $317.0 million, while net cash used in investing activities significantly increased to $409.2 million due to acquisitions, and net cash provided by financing activities reversed to $58.7 million from a prior-year use Cash Flow Summary for Nine Months Ended Sep 30 (in thousands) | Cash Flow Activity | 2023 | 2022 | | :--- | :--- | :--- | | Net cash provided by operating activities | $317,037 | $325,798 | | Net cash used in investing activities | ($409,173) | ($238,732) | | Net cash provided by (used in) financing activities | $58,707 | ($107,575) | | **Change in cash and cash equivalents** | **($30,783)** | **($19,426)** | [Notes to Consolidated Financial Statements](index=12&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes provide detailed disclosures on accounting policies, acquisitions, leases, fair value measurements, debt, and segment information, including the acquisition of 83 U.S. pawn stores, $1.6 billion in long-term debt, an ongoing CFPB lawsuit, and gold forward sales contracts - During the first nine months of 2023, the Company acquired **83 pawn stores** in the U.S. for an aggregate purchase price of **$168.1 million**[35](index=35&type=chunk) - As of September 30, 2023, total long-term debt was **$1.6 billion**, consisting of **$560 million** from revolving credit facilities and **$1.04 billion** from senior unsecured notes[54](index=54&type=chunk) - The company is involved in a civil action from the CFPB alleging violations of the Military Lending Act (MLA), with the case currently stayed pending a Supreme Court decision on the CFPB's funding structure[63](index=63&type=chunk) - As of September 30, 2023, the Company had contractual commitments to deliver **57,600 gold ounces** through June 2025 at a weighted-average price of **$2,024 per ounce**[64](index=64&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=28&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the performance of its U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions (AFF) segments, highlighting growth drivers, strategic acquisitions, and financial position - The company operates through three reportable segments: U.S. pawn, Latin America pawn, and Retail POS payment solutions (AFF)[73](index=73&type=chunk) - As of September 30, 2023, the company operated **2,988 pawn stores** (1,181 in the U.S. and 1,807 in Latin America) and its AFF business had a network of approximately **10,800 active retail merchant partners**[75](index=75&type=chunk)[77](index=77&type=chunk) [Results of Operations - U.S. Pawn Segment](index=30&type=section&id=Results%20of%20Operations%20-%20U.S.%20Pawn%20Segment) The U.S. Pawn segment delivered strong Q3 2023 results, with pre-tax operating income increasing 20% year-over-year to $84.4 million, driven by an 18% rise in pawn loan fees and a 22% increase in pawn loan balances, alongside 4% growth in retail merchandise sales with expanding gross margins U.S. Pawn Segment Performance - Q3 2023 vs Q3 2022 (in thousands) | Metric | Q3 2023 | Q3 2022 | Change | | :--- | :--- | :--- | :--- | | Total Revenue | $334,931 | $305,032 | +10% | | Pawn loan fees | $114,022 | $96,222 | +18% | | Net Revenue | $204,964 | $178,795 | +15% | | Segment pre-tax operating income | $84,402 | $70,481 | +20% | - U.S. pawn loan receivables increased **22%** in total and **11%** on a same-store basis as of September 30, 2023, compared to the prior year, driven by inflationary pressures and tightened consumer credit[84](index=84&type=chunk) [Results of Operations - Latin America Pawn Segment](index=33&type=section&id=Results%20of%20Operations%20-%20Latin%20America%20Pawn%20Segment) The Latin America segment's Q3 2023 pre-tax operating income rose 12% year-over-year to $41.0 million, significantly influenced by a 15% favorable currency impact from the Mexican peso, despite a 3% constant currency decrease due to rising operating expenses Latin America Pawn Segment Performance - Q3 2023 vs Q3 2022 (in thousands) | Metric | Q3 2023 (Reported) | Q3 2023 (Constant Currency) | Q3 2022 (Reported) | YoY Change (Constant Currency) | | :--- | :--- | :--- | :--- | :--- | | Total Revenue | $202,047 | $173,323 | $162,722 | +7% | | Net Revenue | $110,123 | $94,964 | $89,157 | +7% | | Segment pre-tax operating income | $40,980 | $35,649 | $36,612 | -3% | - The translated value of Latin American earning assets as of Sep 30, 2023 benefited from a **13% favorable change** in the end-of-period Mexican peso vs the U.S. dollar[89](index=89&type=chunk) [Results of Operations - Retail POS Payment Solutions Segment (AFF)](index=36&type=section&id=Results%20of%20Operations%20-%20Retail%20POS%20Payment%20Solutions%20Segment%20(AFF)) The AFF segment's Q3 2023 pre-tax operating income surged 96% year-over-year to $39.4 million, or 41% on an adjusted basis, driven by a 14% increase in total gross transaction volume to $250.7 million AFF Segment Performance - Q3 2023 vs Q3 2022 (in thousands) | Metric | Q3 2023 | Q3 2022 (Adjusted Non-GAAP) | Change (Non-GAAP) | | :--- | :--- | :--- | :--- | | Total Revenue | $250,795 | $214,046 | +17% | | Net Revenue | $73,861 | $63,876 | +16% | | Segment pre-tax operating income | $39,449 | $28,041 | +41% | - Total gross transaction volume for Q3 2023 was **$250.7 million**, an increase of **14%** from the prior year[100](index=100&type=chunk) [Liquidity and Capital Resources](index=51&type=section&id=LIQUIDITY%20AND%20CAPITAL%20RESOURCES) As of September 30, 2023, the company maintained liquidity through $86.5 million in cash and $60.9 million available on its credit facilities, with capital allocation priorities focused on expanding operations and returning capital to shareholders through acquisitions and share repurchases - Primary capital requirements are expanding pawn operations, growing the retail POS business, and returning capital to shareholders via dividends and stock repurchases[149](index=149&type=chunk) - In the first nine months of 2023, the company repurchased **1,248,000 shares** for **$114.4 million**[156](index=156&type=chunk) - In July 2023, the Board of Directors authorized a new **$200.0 million** share repurchase program, which was fully available as of the report date[157](index=157&type=chunk) - In October 2023, the company increased its domestic credit facility commitment by **$50.0 million** to **$640.0 million**[159](index=159&type=chunk) [Non-GAAP Financial Information](index=55&type=section&id=NON-GAAP%20FINANCIAL%20INFORMATION) The company provides non-GAAP measures to clarify core operating performance by excluding specific items, reporting adjusted diluted EPS of $1.56 for Q3 2023 and a trailing twelve-month adjusted EBITDA of $480.8 million GAAP vs. Non-GAAP EPS Reconciliation (Q3 2023) | Metric | Per Share Amount | | :--- | :--- | | Diluted EPS, as reported | $1.26 | | Merger and acquisition expenses | $0.06 | | Non-cash foreign currency loss | $0.01 | | AFF purchase accounting adjustments | $0.24 | | Other adjustments, net | ($0.01) | | **Adjusted diluted EPS** | **$1.56** | Adjusted EBITDA Reconciliation (in thousands) | Period | Net Income | Adjusted EBITDA | | :--- | :--- | :--- | | Three Months Ended Sep 30, 2023 | $57,144 | $132,985 | | Nine Months Ended Sep 30, 2023 | $149,712 | $350,028 | | Trailing Twelve Months Ended Sep 30, 2023 | $229,778 | $480,759 | [Quantitative and Qualitative Disclosures About Market Risk](index=61&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's main market risks stem from fluctuations in interest rates, gold prices, and foreign currency exchange rates, with no material changes to these exposures since the end of 2022 - The company's primary market risks are changes in interest rates, gold prices, and foreign currency exchange rates[186](index=186&type=chunk) - There have been no material changes to the Company's exposure to market risks since December 31, 2022[186](index=186&type=chunk) [Controls and Procedures](index=61&type=section&id=Item%204.%20Controls%20and%20Procedures) As of September 30, 2023, the company's CEO and CFO concluded that disclosure controls and procedures were effective, with no material changes in internal control over financial reporting during the quarter - Management concluded that as of September 30, 2023, the Company's disclosure controls and procedures were effective[187](index=187&type=chunk) - No changes in internal control over financial reporting occurred during the quarter ended September 30, 2023, that have materially affected, or are reasonably likely to materially affect, the Company's internal control[188](index=188&type=chunk) [Part II. Other Information](index=62&type=section&id=PART%20II.%20OTHER%20INFORMATION) This section covers legal proceedings, risk factors, equity sales, and other relevant corporate disclosures [Legal Proceedings](index=62&type=section&id=Item%201.%20Legal%20Proceedings) This section refers to Note 9 of the financial statements, detailing a civil action by the CFPB against two subsidiaries for alleged Military Lending Act violations, currently stayed pending a Supreme Court decision on the CFPB's funding structure - The company is party to a lawsuit from the CFPB alleging violations of the Military Lending Act (MLA)[63](index=63&type=chunk)[190](index=190&type=chunk) - The action against the Company is stayed pending a U.S. Supreme Court decision regarding the constitutionality of the CFPB's funding structure[63](index=63&type=chunk) [Risk Factors](index=62&type=section&id=Item%201A.%20Risk%20Factors) The company states there have been no material changes to its risk factors from those disclosed in its 2022 Annual Report on Form 10-K - There have been no material changes in the Company's risk factors from those in its 2022 Annual Report on Form 10-K[191](index=191&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=62&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During Q3 2023, the company repurchased 94,925 shares for approximately $8.8 million, completing a prior authorization, and in July 2023, the Board authorized a new $200 million share repurchase program that remains fully available Share Repurchases - Q3 2023 | Period | Total Shares Purchased | Average Price Paid Per Share | Dollar Value of Shares That May Yet Be Purchased | | :--- | :--- | :--- | :--- | | July 2023 | 94,925 | $92.79 | $200,000,000 | | August 2023 | — | — | $200,000,000 | | September 2023 | — | — | $200,000,000 | - In July 2023, the Company's Board of Directors authorized a new common stock repurchase program for up to **$200.0 million**, of which the entire amount is currently remaining[192](index=192&type=chunk) [Other Information](index=63&type=section&id=Item%205.%20Other%20Information) This section discloses the adoption of Rule 10b5-1 trading plans by Director Randel G. Owen to sell up to 2,000 shares and CFO R. Douglas Orr to sell up to 42,000 shares - On August 10, 2023, Director Randel G. Owen adopted a Rule 10b5-1 plan to sell up to **2,000 shares** of common stock[195](index=195&type=chunk) - On August 22, 2023, CFO R. Douglas Orr adopted a Rule 10b5-1 plan to sell up to **42,000 shares** of common stock[196](index=196&type=chunk) [Exhibits](index=64&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including the Seventh Amendment to the company's Credit Agreement, CEO and CFO certifications, and Inline XBRL data files - A key exhibit filed is the Seventh Amendment to the Amended and Restated Credit Agreement, dated October 18, 2023[199](index=199&type=chunk)

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 June 30, 2023 For the transition period from __________ to ___________ Commission file number 001-10960 FIRSTCASH HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 87-3920732 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identif ...

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 ...