ATLC FY 2021 Earnings Report — Atlanticus Holdings Corporation Revenue & Financial Results | Market Cap Arena

Atlanticus Holdings CorporationATLC

FY 2021 Earnings

Reported December 12, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$454M	—	$392M	—	15.9%
Op. Income	$220M	—	$114M	—	91.9%
Gross Margin	80.0%	—	50.4%	—	29.6pp
Net Margin	39.2%	—	24.0%	—	15.2pp
EPS (Diluted)	$7.56	—	$3.95	—	91.4%
Free Cash Flow	$205M	—	$212M	—	-3.2%

Revenue Flow

Item	Amount
REVENUE	$454M
Cost of Revenue	$91M
GROSS PROFIT	$363M
R&D Expenses	$0
Selling & Marketing	$57M
General & Administrative	$34M
SG&A Expenses	$91M
Other Expenses	$53M
Operating Expenses	$144M
Cost & Expenses	$234M
OPERATING INCOME	$220M
Interest Income	$519M
Interest Expense	$54M
Other Income/Expenses	$0
INCOME BEFORE TAX	$220M
Income Tax Expense	$42M
Net Income from Continuing Ops	$178M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$178M
Net Income Deductions	-$2M
BOTTOM LINE NET INCOME	$158M
D&A	$2M
EBIT	$220M
EBITDA	$222M
EPS	$10
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$454M
Cost of Revenue	$91M
GROSS PROFIT	$363M
R&D Expenses	$0
Selling & Marketing	$57M
General & Administrative	$34M
SG&A Expenses	$91M
Other Expenses	$53M
Operating Expenses	$144M
Cost & Expenses	$234M
OPERATING INCOME	$220M
Interest Income	$519M
Interest Expense	$54M
Other Income/Expenses	$0
INCOME BEFORE TAX	$220M
Income Tax Expense	$42M
Net Income from Continuing Ops	$178M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$178M
Net Income Deductions	-$2M
BOTTOM LINE NET INCOME	$158M
D&A	$2M
EBIT	$220M
EBITDA	$222M
EPS	$10
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$178M
Depreciation & Amortization	$2M
Stock-Based Compensation	$3M
Deferred Income Tax	-$96M
Other Non-Cash Items	$209M
Change in Working Capital	-$84M
OPERATING CASH FLOW	$212M
Capital Expenditure	-$7M
Acquisitions (Net)	$1M
Purchases of Investments	-$398.0K
Sales/Maturities of Investments	$560.0K
Other Investing Activities	-$469M
NET CASH FROM INVESTING	-$475M
Net Debt Issuance	$480M
Common Stock Repurchased	-$25M
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	$510M
FREE CASH FLOW	$205M
Net Change in Cash	$248M

Balance Sheet

Item	Amount
Cash & Equivalents	$410M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$425M
PP&E (Net)	$11M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.4B
Tax Assets	$0
Other Non-Current Assets	$97M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$1.9B
Account Payables	$42M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$42M
Long-Term Debt	$1.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$187M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$1.7B
Common Stock	$0
Additional Paid-In Capital	$228M
Retained Earnings	$60M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$288M
Minority Interest	-$500.0K
TOTAL EQUITY	$287M
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$1.4B
Net Debt	$1.0B