Company: FCFS
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000840489-25-000098
Chunk: 46

Company: FirstCash Holdings, Inc.
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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30,Increase /June 30,Increase /2025(Decrease) 20252024(Decrease)(Non-GAAP)(Non-GAAP)Latin America Pawn SegmentRevenue:Retail merchandise sales$135,956 $134,445 1 %$153,234 14 %Pawn loan fees59,874 60,714 (1)%67,497 11 %Wholesale scrap jewelry sales10,076 8,823 14 %10,076 14 %Total revenue205,906 203,982 1 %230,807 13 %Cost of revenue:   Cost of retail merchandise sold87,579 86,276 2 %98,641 14 %Cost of wholesale scrap jewelry sold8,639 7,273 19 %9,811 35 %Total cost of revenue96,218 93,549 3 %108,452 16 %Net revenue109,688 110,433 (1)%122,355 11 %Segment expenses:   Operating expenses64,414 67,902 (5)%72,340 7 %Depreciation and amortization4,294 5,418 (21)%4,804 (11)%Total segment expenses68,708 73,320 (6)%77,144 5 %Segment pre-tax operating income$40,980 $37,113 10 %$45,211 22 %Operating metrics:Retail merchandise sales margin36 %36 %36 %Net revenue margin53 %54 %53 %Segment pre-tax operating margin20 %18 %20 %

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The following table details earning assets, which consist of pawn loans and inventories as well as other earning asset metrics of the Latin America pawn segment, as of June 30, 2025 compared to June 30, 2024 (dollars in thousands, except as otherwise noted):

Constant Currency BasisAs ofJune 30,As of June 30,2025Increase 20252024Increase(Non-GAAP)(Non-GAAP)Latin America Pawn Segment    Earning assets:Pawn loans$150,575 $135,389 11 %$154,466 14 %Inventories102,848 91,996 12 %105,501 15 %$253,423 $227