Company: ATLCL
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015559
Chunk: 195

Company: Atlanticus Holdings Corp
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 195
---
,318.1

     $
     2,411.3

     $
     2,315.2

     $
     2,174.0

      Fair value to Total managed receivables ratio (3) 

     98.6
     %

     96.5
     %

     94.6
     %

     94.3
     %

     92.8
     %

     90.2
     %

     88.5
     %

     88.1
     %

      (1) 
      The fair value mark against receivables reflects the difference between the face value of a receivable and the net present value of the expected cash flows associated with that receivable. See Note 6, "Fair Values of Assets and Liabilities" to our condensed consolidated financial statements included herein for further discussion of assumptions underlying this calculation. 

     (2)
     Total managed receivables are equal to the Aggregate unpaid gross balance of loans carried at fair value. See Note 6, "Fair Value of Assets and Liabilities" to our condensed consolidated financial statements included herein for further discussion of the Aggregate unpaid gross balance of loans carried at fair value.

      (3) 
     The Fair value to Total managed receivables ratio is calculated using Loans at fair value as the numerator, and Total managed receivables as the denominator.

As discussed above, our managed receivables data differ in certain aspects from our GAAP data. First, managed receivables data include the undiscounted contractual amounts due on the underlying consumer receivable plus fee billings (including fees and finance charges), less actual charge-offs.

A reconciliation of our operating revenues and other income, net of finance and fee charge-offs, to comparable amounts used in our calculation of Total managed yield ratios is as follows:

      At or for the Three Months Ended 

     2025

     2024

     2023

      (in Millions) 
      
      Mar. 31 

      Dec. 31 

      Sep. 30 

      Jun. 30 

      Mar. 31 

      Dec. 31 

      Sep. 30 

      Jun. 30 

      Consumer loans, including past due fees 
      
     $
     238.5

     $
     242.1

     $
     245.3

     $
     232.1

     $
     220.0

     $