America's Car-Mart Reports Fourth Quarter and Fiscal Year 2024 Results

Revenue was $364.7 million, down 5.8% Gross Margin improved to 35.5%, up 200 bps Total collections increased 5.0% to$ 187.2 million Favorable adjustment to allowance for credit loss to 25.32%, down from 25.74% Net charge-offs as a % of average finance receivables were 7.3% vs. 6.3% Interest expense increase of $4.9 million or 38.2% Diluted earnings per share$ 0.06 vs. $0.32 Fourth Quarter and Fiscal Year 2024 Key Operating Metrics Note: Discussions in each section provide information for the fourth quarter ...