Company: ATLCL
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025502
Chunk: 158

Company: Atlanticus Holdings Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 158
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,948)
 Provision for credit losses   —   (1,746)  (1,746)
 Changes in fair value of loans   (186,251)  —   (186,251)
 Net margin   81,782   8,296   90,078 
 Operating expenses:             
 Salaries and benefits   (10,890)  (1,083)  (11,973)
 Card and loan servicing   (24,212)  (3,486)  (27,698)
 Marketing and solicitation   (13,536)  (36)  (13,572)
 Depreciation   (635)  (18)  (653)
 Other   (6,329)  (1,250)  (7,579)
 Total operating expenses   (55,602)  (5,873)  (61,475)
 Income before income taxes  $26,180  $2,423  $28,603 

     Six Months Ended June 30, 2024   CaaS    Auto Finance    Total  
 Revenue and other income:             
 Consumer loans, including past due fees  $452,053  $20,670  $472,723 
 Fees and related income on earning assets   107,369   42   107,411 
 Other revenue   25,259   422   25,681 
 Total operating revenue and other income   584,681   21,134   605,815 
 Other non-operating income   361   553   914 
 Total revenue and other income   585,042   21,687   606,729 
 Interest expense   (71,362)  (1,649)  (73,011)
 Provision for credit losses   —   (4,690)  (4,690)
 Changes in fair value of loans   (345,422)  —   (345,422)
 Net margin   168,258   15,348   183,606 
 Operating expenses:             
 Salaries and benefits   (22,781)  (2,504)  (25,285)
 Card and loan servicing   (47,