NASDAQ$EZPW
EZCORP Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported strong consumer demand, driving record pawn loans outstanding and revenue.
EZCORP reported a strong fourth quarter and full year fiscal 2023, with total revenue increasing 16% for the quarter and 18% for the full year. Pawn loans outstanding increased by 17% to $245.8 million. Net income for the quarter was $10.3 million, an increase of $2.9 million.
- Pawn loans outstanding (PLO) up 17% to $245.8 million.
- Total revenue increased 16% for the quarter and 18% for the full year.
- Merchandise sales gross margin remains within our targeted range at 36% for both the quarter and full year.
- Net income for the quarter was $10.3 million, an increase of $2.9 million.
Headline financials
Revenue & EPS history
EZCORP · Revenue · Quarterly
$270M
Revenue by segment
EZCORP · $256M total across 2 segments · Q3 2023
- U.S. Pawn$184M+16.0%72.0%
- Latin America Pawn$71.7M+25.6%28.0%
Forward guidance
The company embarked on its next three-year strategic plan in October, advancing its commitment to ‘People, Pawn and Passion,’ underpinned by a fundamental focus on operating excellence in every store every day. The business has grown substantially and its operating and financial performance improved materially in that time.
Tailwinds
- Continue to invest in our people and technology to expand our customer base and their experiences with us.
- Ensure that we employ the most passionate, productive, and tenured team in the industry.
- Offer a unique and essential service to address our customers' short-term cash needs.
- Provide a wide variety of pre-owned goods for our expanding customer base of environmentally and cost-conscious consumers.
- Maintain a robust acquisition pipeline and our objective is to significantly grow our store footprint in an exciting global industry.
Headwinds
- Operating risks
- Liquidity risks
- Legislative or regulatory developments
- Market factors
- Current or future litigation and risks associated with the COVID-19 pandemic
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 Q4 2023
+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
| Quarter | Report date | Reaction (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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