PRA (US:PRAA)2021-02-26 19:35Financial Performance - Global cash collections reached $482 million[5], a 6% increase compared to $457 million in Q4 2019[10] - Net income attributable to PRA Group grew by 9% to $30 million in Q4 2020, up from $27 million in Q4 2019[13] - Diluted earnings per share increased by 8% to $0.65 in Q4 2020, compared to $0.60 in Q4 2019[14] - The company's cash efficiency ratio for 2020 was a record 64.5%[20] Portfolio and Investments - Portfolio purchases amounted to $290 million[5] - The estimated remaining collections (ERC) stand at $6.5 billion[5] - Investments in Europe totaled $210 million[8] - Americas saw investments of $80 million[7] Regional Performance - Americas generated cash collections of $323 million[7] - Europe achieved record cash collections of $159 million in Q4[8] - Europe Core cash collections were $141.5 million, while Americas Core collections were $286.5 million[19] Debt and Leverage - The company has $983 million available for portfolio acquisitions[38] - Debt to Adjusted EBITDA ratio decreased to 1.99x as of December 31, 2020, compared to 2.53x as of December 31, 2019[37]