EZCORP Reports Third Quarter Fiscal 2025 Results

Core Insights - EZCORP, Inc. reported strong financial performance for Q3 2025, achieving record revenue and significant growth in earnings, driven by high demand for cash solutions 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 [5][6]. - Gross profit rose by 10% to $183.6 million, up from $166.7 million in the same period last year [5][6]. - 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 luxury store in Miami Beach [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]. Strategic Outlook - The company has a strengthened balance sheet with $472 million in liquidity, positioning it well for accelerated growth through organic means and strategic acquisitions [5][4]. - The management remains focused on disciplined capital allocation and operational excellence to deliver long-term value for shareholders [5][4].