Company: ATLCL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-033947
Chunk: 143

Company: Atlanticus Holdings Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 143
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,448 
 Senior notes, net   702,376   281,552 
 Income tax liability   140,862   114,068 
 Total liabilities   6,454,923   2,691,344 
         
 Commitments and contingencies (Note 11)           
         
 Preferred stock, no par value, 10,000,000 shares authorized:         
 Series A preferred stock, 400,000 shares issued and outstanding (liquidation preference - $40.0 million) at September 30, 2025 and December 31, 2024 (Note 6) (1)   40,000   40,000 
 Class B preferred units issued to noncontrolling interests (Note 6)   —   50,000 
         
 Shareholders' Equity         
 Series B preferred stock, no par value, 3,563,762 shares issued and outstanding at September 30, 2025 (liquidation preference - $89.1 million); 3,301,179 shares issued and outstanding at December 31, 2024 (liquidation preference - $82.5 million) (1)   —   — 
 Common stock, no par value, 150,000,000 shares authorized: 15,127,014 and 14,904,192 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively   —   — 
 Paid-in capital   115,749   98,278 
 Retained earnings   473,595   394,628 
 Total shareholders’ equity attributable to Atlanticus Holdings Corporation   589,344   492,906 
 Noncontrolling interests   (4,535)  (3,543)
 Total equity   584,809   489,363 
 Total liabilities, shareholders' equity and temporary equity  $7,079,732  $3,270,707 

(1) Both the Series A preferred stock and the Series B preferred stock have no par value and are part of the same aggregate 10,000,000 shares authorized.

See accompanying notes.

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      Table of Contents

Atlanticus Holdings Corporation and Subsidiaries

Condensed Consolidated Statements of Income (Unaudited)

(Dollars in thousands, except per share data)

      For the Three Months Ended    For the Nine