PRAA Q2 2023 Earnings — PRA Group, Inc. Revenue & Financial Results | Market Cap Arena

PRAAPRA Group, Inc.

$713M

Q2 2023 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$214M-17.3% YoY

Gross Profit

$123M57.5% margin

Operating Income

$46M21.3% margin

Net Income

-$4M-1.8% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+34.1%

Cash Flow

Operating Cash Flow

-$33M

Free Cash Flow

-$34M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$3.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$214M	$259M	-17.3%
Gross Profit	$123M	$168M	-26.8%
Operating Income	$46M	$84M	-45.6%
Net Income	-$4M	$36M	-110.4%

Geographic Segments

UNITED STATES

$94M54%

Foreign Countries

$54M31%

BRAZIL

$25M15%