EZCORP(US:EZPW) Globenewswire·2025-07-30 20:31Core Insights - EZCORP, Inc. reported strong financial performance for Q3 2025, achieving record revenues and significant growth in earnings, driven by high demand for pawn services and secondhand goods [3][6][4] Financial Performance - Total revenues increased by 11% to $311.0 million compared to $281.4 million in Q3 2024 [6][5] - Gross profit rose by 10% to $183.6 million, up from $166.7 million in the same period last year [6][5] - Net income surged by 48% to $26.5 million, compared to $18.0 million in Q3 2024 [6][5] - Adjusted EBITDA increased by 42% to $45.2 million [6][5] - Diluted earnings per share grew by 36% to $0.34, up from $0.25 in Q3 2024 [6][5] Operational Highlights - Pawn loans outstanding (PLO) increased by 11% to $291.6 million, reflecting strong demand and improved operational performance [6][7] - The company expanded its footprint by adding 52 stores, including 49 in Latin America and 3 in the U.S., with a focus on strategic growth [4][3] - In the U.S., segment contribution increased by 32%, while Latin America saw over 30% growth in contribution on a constant currency basis [4][3] Balance Sheet and Liquidity - The company reported $472 million in liquidity, enabling funding for accelerated growth and strategic acquisitions [5][4] - Cash and cash equivalents at the end of the quarter were $472.1 million, significantly up from $170.5 million as of September 30, 2024 [8][5] Segment Performance - U.S. Pawn revenues reached $219.96 million, while Latin America Pawn generated $91.02 million [20] - Merchandise sales in the U.S. increased by 4%, while Latin America saw a 12% rise in merchandise sales [8][20] - The gross margin for merchandise sales remained consistent at 36% [8][20]