Company: ATLCL
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025502
Chunk: 132

Company: Atlanticus Holdings Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 132
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 tax liability   132,827   114,068 
 Total liabilities   3,043,997   2,691,344 
         
 Commitments and contingencies (Note 10)           
         
 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 June 30, 2025 and December 31, 2024 (Note 5) (1)   40,000   40,000 
 Class B preferred units issued to noncontrolling interests (Note 5)   —   50,000 
         
 Shareholders' Equity         
 Series B preferred stock, no par value, 3,457,443 shares issued and outstanding at June 30, 2025 (liquidation preference - $86.4 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: 15,125,831 and 14,904,192 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively   —   — 
 Paid-in capital   112,399   98,278 
 Retained earnings   450,925   394,628 
 Total shareholders’ equity attributable to Atlanticus Holdings Corporation   563,324   492,906 
 Noncontrolling interests   (4,146)  (3,543)
 Total equity   559,178   489,363 
 Total liabilities, shareholders' equity and temporary equity  $3,643,175  $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 Six Months Ended  
   June 30,    June 30,