NASDAQ$EZPW

EZCORP Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

EZCORP reported a strong first quarter with PLO up 19%, revenue up 24%, and net income up 266%.

EZCORP's first quarter results for 2022 showed significant growth, with pawn loans outstanding up 19%, total revenue increasing by 24%, and net income up by 266%. The company's diluted earnings per share also saw a substantial increase, and the return on earning assets remained strong.

  • Pawn loans outstanding (PLO) was up 19%.
  • Total revenue increased 24%, and net revenue increased 22%.
  • Merchandise sales gross profit margin remains high at 40%.
  • Diluted earnings per share of $0.21 were up significantly from $0.08. On an adjusted basis, diluted earnings per share were $0.22, compared to diluted earnings per share of $0.13.

Headline financials

Total Revenue

$221M

Previous: $178M+24.1%
EPS (adj)

$0.22

Previous: $0.13+69.2%
Free Cash Flow

$15.7M

Previous: $4.3M+265.7%
Net Income

$15.7M

Previous: $4.3M+265.7%
Operating Income

$22.2M

Previous: $9.02M+146.3%
Gross Profit

$132M

Previous: $108M+21.9%
Cash & Equivalents

$233M

Previous: $290M-19.7%
Total Assets

$1.28B

Previous: $1.2B+6.9%
Stock-Based Comp

$1.7M

Previous: $524K+224.0%

Revenue & EPS history

EZCORP · Revenue · Quarterly

$221M

Q1 2022+24.1%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

EZCORP · $221M total across 2 segments · Q1 2022

  • U.S. Pawn
    $164M+19.9%
  • Latin America Pawn
    $57.3M+37.9%

Forward guidance

The company invested in a company with interests in 20 pawn stores primarily in the Caribbean with plans for further expansion, and the acquisition pipeline remains robust with continued opportunities to diversify into new pawn markets.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.2%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+2.6%

Avg return

30 days after

47%

31 / 66 earnings

Positive

+18.6%

Q4 2019

Best reaction

-26.9%

Q4 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.7%+0.3%-4.5%
Q1 2026+4.5%+12.7%+15.3%
Q4 2025+1.9%+2.8%+20.5%
Q2 2025-2.3%-4.0%-17.7%
Q1 2025+1.0%+14.1%+9.0%
Q4 2024+2.1%+2.5%+3.7%
Q3 2024+1.1%+7.3%+17.7%
Q2 2024-4.0%-6.0%-4.5%
Q1 2024+11.1%+19.5%+18.5%
Q4 2023-2.3%-1.5%+2.3%
Q3 2023+4.1%+2.9%-7.1%
Q2 2023-1.5%+3.2%-3.1%
Q1 2023-0.9%+2.2%-0.5%
Q4 2022-4.5%+0.7%-14.3%
Q3 2022+5.2%+9.7%+0.4%
Q2 2022+11.0%+6.0%+10.5%
Q1 2022+6.9%+0.8%-9.3%
Q4 2021+11.3%+4.0%-7.3%
Q3 2021+6.1%+8.0%+23.0%
Q2 2021+15.3%+13.3%+28.9%
Q1 2021+10.9%+10.0%+11.1%
Q4 2020-3.1%-10.0%-8.0%
Q3 2020+4.4%+5.1%-1.6%
Q2 2020-12.0%-12.7%+18.8%
Q1 2020-19.5%-20.4%-25.2%
Q4 2019+18.6%+18.2%+27.0%
Q3 2019-10.8%-14.3%-21.6%
Q2 2019-9.3%-14.6%-14.9%
Q1 2019+2.4%+10.5%+9.1%
Q4 2018+8.1%+2.9%-8.7%
Q3 2018-4.4%-0.4%-3.1%
Q2 2018+6.6%+9.1%-5.1%
Q1 2018+14.4%+9.3%+11.9%
Q4 2017+12.2%+16.3%+25.0%
Q3 2017+5.0%+9.4%+13.1%
Q2 2017-1.7%-0.6%+0.0%
Q1 2017-2.0%-6.5%-9.5%
Q4 2016+0.0%-6.8%-9.8%
Q3 2016-2.1%-3.2%+10.9%
Q2 2016+11.7%
Q1 2016-15.1%
Q4 2015-2.0%
Q3 2015+0.6%
Q2 2015-7.4%
Q1 2015-15.6%
Q4 2014-0.1%
Q3 2014+4.6%
Q2 2014-5.5%
Q1 2014+13.3%
Q4 2013-26.9%
Q3 2013+0.6%
Q2 2013+7.5%
Q1 2013+12.9%
Q4 2012-12.6%
Q3 2012-6.2%
Q2 2012+1.2%
Q1 2012-0.5%
Q4 2011-3.0%
Q4 2009-3.0%
Q2 2011-3.0%
Q3 2011-11.8%
Q3 2010-11.8%
Q1 2011-0.4%
Q1 2010-0.4%
Q2 2010-0.4%
Q4 2010-0.4%

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