ATLC FY 2023 Earnings Report — Atlanticus Holdings Corporation Revenue & Financial Results | Market Cap Arena

Atlanticus Holdings CorporationATLC

FY 2023 Earnings

Reported December 12, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$366M	—	—	—	—
Op. Income	$129M	—	—	—	—
Gross Margin	69.5%	—	—	—	—
Net Margin	28.1%	—	—	—	—
EPS (Diluted)	$4.24	—	—	—	—
Free Cash Flow	$455M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$366M
Cost of Revenue	$111M
GROSS PROFIT	$254M
R&D Expenses	$0
Selling & Marketing	$52M
General & Administrative	$44M
SG&A Expenses	$96M
Other Expenses	$29M
Operating Expenses	$126M
Cost & Expenses	$237M
OPERATING INCOME	$129M
Interest Income	$879M
Interest Expense	$109M
Other Income/Expenses	$0
INCOME BEFORE TAX	$129M
Income Tax Expense	$27M
Net Income from Continuing Ops	$102M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$103M
Net Income Deductions	-$2M
BOTTOM LINE NET INCOME	$80M
D&A	$4M
EBIT	$129M
EBITDA	$133M
EPS	$5
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$366M
Cost of Revenue	$111M
GROSS PROFIT	$254M
R&D Expenses	$0
Selling & Marketing	$52M
General & Administrative	$44M
SG&A Expenses	$96M
Other Expenses	$29M
Operating Expenses	$126M
Cost & Expenses	$237M
OPERATING INCOME	$129M
Interest Income	$879M
Interest Expense	$109M
Other Income/Expenses	$0
INCOME BEFORE TAX	$129M
Income Tax Expense	$27M
Net Income from Continuing Ops	$102M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$103M
Net Income Deductions	-$2M
BOTTOM LINE NET INCOME	$80M
D&A	$4M
EBIT	$129M
EBITDA	$133M
EPS	$5
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$103M
Depreciation & Amortization	$4M
Stock-Based Compensation	$4M
Deferred Income Tax	$38M
Other Non-Cash Items	$549M
Change in Working Capital	-$238M
OPERATING CASH FLOW	$459M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$668M
NET CASH FROM INVESTING	-$672M
Net Debt Issuance	$201M
Common Stock Repurchased	-$18M
Common Dividends Paid	$0
Other Financing Activities	$3M
NET CASH FROM FINANCING	$163M
FREE CASH FLOW	$455M
Net Change in Cash	-$50M

Balance Sheet

Item	Amount
Cash & Equivalents	$339M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$339M
PP&E (Net)	$23M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$2.3B
Tax Assets	$0
Other Non-Current Assets	$72M
TOTAL NON-CURRENT ASSETS	$2.4B
TOTAL ASSETS	$2.7B
Account Payables	$62M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$62M
Long-Term Debt	$2.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$226M
TOTAL NON-CURRENT LIABILITIES	$2.3B
TOTAL LIABILITIES	$2.3B
Common Stock	$0
Additional Paid-In Capital	$87M
Retained Earnings	$307M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$395M
Minority Interest	-$2M
TOTAL EQUITY	$392M
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$2.0B
Net Debt	$1.7B