Company: ATLCL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-033947
Chunk: 215

Company: Atlanticus Holdings Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 215
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973
     )

     (549,161
     )

     122,812

      Net margin 

     381,355

     283,966

     97,389

      Operating expenses: 

      Salaries and benefits 

     (47,080
     )

     (37,584
     )

     9,496

      Card and loan servicing 

     (105,261
     )

     (82,589
     )

     22,672

      Marketing and solicitation 

     (80,584
     )

     (38,848
     )

     41,736

      Depreciation and amortization 

     (3,173
     )

     (1,963
     )

     1,210

      Other 

     (31,764
     )

     (24,272
     )

     7,492

      Total operating expenses: 

     (267,862
     )

     (185,256
     )

     82,606

      Net income 
      
     $
     86,000

     $
     79,135

     $
     6,865

      Net loss attributable to noncontrolling interests 

     1,070

     858

     212

      Net income attributable to controlling interests 
      
     $
     87,070

     $
     79,993

     $
     7,077

      Net income attributable to controlling interests to common shareholders 
      
     $
     78,967

     $
     61,077

     $
     17,890

       31

Three and Nine Months Ended September 30, 2025 Compared to Three and Nine Months Ended September 30, 2024 

Total operating revenue and other income. Total operating revenue and other income consists of: 1) interest income, finance charges and late fees on consumer loans, 2) other fees on credit products including annual and merchant fees and 3) interchange and servicing income on loan portfolios and other customer related fees.

Period-over-period results primarily relate to growth in private label credit and general purpose credit card products, the receivables of which increased to $6,600.1 million as of September 30, 2025, from $2,653.8 million as of September 30, 2024. Growth in these receivables includes general purpose credit card receivables associated