Key Takeaways PRA Group shows growth with rising portfolio income and improved cash collections in 2025.PRAA benefits from tech upgrades, AI use and expanding legal and digital collection channels.PRAA faces risks from high debt levels and negative free cash flow over recent years.PRA Group, Inc. (PRAA) is strategically positioned to grow, driven by strong portfolio income and improving cash collection efficiency. Its primary business involves the purchase, collection and management of portfolios of nonperf ...