Company: FCFS
Filing Date: 2025-02-03
Form Type: 10-K
Source: 0000840489-25-000032
Chunk: 20

Company: FirstCash Holdings, Inc.
Filing Date: 2025-02-03
Form: 10-K
Item: Item 7
Chunk 20
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cluding these intersegment transactions, consolidated provision for lease losses during 2024 and 2023 totaled $163.4 million and $175.9 million, respectively.

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The following table provides a detail of gross transaction volumes originated during the year ended December 31, 2024 as compared to the year ended December 31, 2023 (dollars in thousands):

Years EndedDecember 31,Increase /20242023(Decrease)Leased merchandise$568,635 $623,069 (9)%Finance receivables510,231 405,765 26 %Total gross transaction volume$1,078,866 $1,028,834 5 %

The following table details retail POS payment solutions earning assets as of December 31, 2024 as compared to December 31, 2023 (dollars in thousands):

As of December 31,Increase / 20242023(Decrease)Leased merchandise, net:Leased merchandise, before allowance for lease losses$209,333 $267,458 (22)%Less allowance for lease losses(80,661)(95,752)(16)%Leased merchandise, net (1)$128,672 $171,706 (25)%Finance receivables, net:Finance receivables, before allowance for loan losses$264,506 $210,355 26 %Less allowance for loan losses(117,005)(96,454)21 %Finance receivables, net$147,501 $113,901 29 %

(1)Includes $0.2 million and $0.5 million of intersegment transactions as of December 31, 2024 and 2023, respectively, related to the Company offering AFF’s LTO payment solution in its U.S. pawn stores that are eliminated upon consolidation. Excluding these intersegment transactions, consolidated net leased merchandise as of December 31, 2024 and 2023 totaled $128.4 million and $171.2 million, respectively.

54

The following table details the changes in the allowance for lease and loan losses and other portfolio metrics during the year ended December 31, 2024 as compared to the year ended December 31, 2023 (dollars in thousands):

Year EndedDecember 31,Increase / 20242023(Decrease)Allowance for lease losses:Balance at beginning of period$95,752 $79,576 20