Company: ATLCL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-033947
Chunk: 19

Company: Atlanticus Holdings Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 19
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(175,153)  (1,525)  (176,678)
 Provision for credit losses   (769)  (3,230)  (3,999)
 Changes in fair value of loans   (671,973)  —   (671,973)
 Net margin   356,773   24,582   381,355 
 Operating expenses:             
 Salaries and benefits   (43,282)  (3,798)  (47,080)
 Card and loan servicing   (95,413)  (9,848)  (105,261)
 Marketing and solicitation   (80,486)  (98)  (80,584)
 Depreciation   (3,116)  (57)  (3,173)
 Other   (28,510)  (3,254)  (31,764)
 Total operating expenses   (250,807)  (17,055)  (267,862)
 Income before income taxes  $105,966  $7,527  $113,493 
 Total assets  $6,988,809  $90,923  $7,079,732 

       14

     Three Months Ended September 30, 2024   CaaS    Auto Finance    Total  
 Revenue and other income:             
 Consumer loans, including past due fees  $245,332  $10,057  $255,389 
 Fees and related income on earning assets   78,552   20   78,572 
 Other revenue   16,793   200   16,993 
 Total operating revenue and other income   340,677   10,277   350,954 
 Other non-operating income   (31)  301   270 
 Total revenue and other income   340,646   10,578   351,224 
 Interest expense   (41,803)  (689)  (42,492)
 Provision for credit losses   —   (4,633)  (4,633)
 Changes in fair value of loans   (203,739)  —   (203,739)
 Net margin   95,104