Company: ATLCL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-033947
Chunk: 168

Company: Atlanticus Holdings Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 168
---
 networks. Servicing revenue is generated by meeting contractual performance obligations related to the collection of amounts due on receivables, and is settled with the customer net of our fee, which can be settled daily or monthly. Service charges and other customer related fees are earned from customers based on the occurrence of specific services and are paid by customers per the terms of their credit agreement. Merchant fees paid or received associated with the acquisition of Fair Value Receivables are recognized when the merchant confirms the transaction with us, which fulfills the terms of the associated merchant agreement. None of these revenue streams result in an ongoing obligation beyond what has already been rendered. Revenue from these contracts with customers is included in Consumer loans, including past due fees and Other revenue on our condensed consolidated statements of income. Components (in thousands) of our revenue from contracts with customers is as follows:

 For the Three Months Ended September 30, 2025   CaaS    Auto Finance    Total  
 Interchange revenues, net (1)  $8,551  $—  $8,551 
 Servicing income   6,606   181   6,787 
 Service charges and other customer related fees   15,210   6   15,216 
 Total Other revenue   30,367   187   30,554 
 Merchant fees (2)   54,610   —   54,610 
 Total revenue from contracts with customers  $84,977  $187  $85,164 

 For the Nine Months Ended September 30, 2025   CaaS    Auto Finance    Total  
 Interchange revenues, net (1)  $19,230  $—  $19,230 
 Servicing income   16,016   516   16,532 
 Service charges and other customer related fees   36,831   23   36,854 
 Total Other revenue   72,077   539   72,616 
 Merchant fees (2)   150,733   —   150,733 
 Total revenue from contracts with customers  $222,810  $539  $223,349 

 For the Three Months Ended September 30, 2024   CaaS    Auto Finance    Total  
 Interchange revenues, net (1)  $5,001  $—  $5