Company: FCFS
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000840489-25-000098
Chunk: 130

Company: FirstCash Holdings, Inc.
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 8
Chunk 130
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 $13.7 million, or 7%, from $187.9 million for the six months ended June 30, 2024 to $174.2 million for the six months ended June 30, 2025. Cash flows from investing activities are utilized primarily to fund pawn store acquisitions, purchase furniture, fixtures, equipment and improvements, which includes capital expenditures for improvements to existing stores and for new pawn store openings and other corporate assets, and discretionary purchases of store real property. In addition, cash flows related to the funding of new pawn loans, net of cash repayments and recovery of principal through the sale of inventories acquired from forfeiture of pawn collateral and changes in net finance receivables, are included in investing activities. The Company paid $25.9 million for furniture, fixtures, equipment and improvements and $28.1 million for discretionary pawn store real property purchases during the six months ended June 30, 2025 compared to $42.7 million and $21.1 million in the prior-year period, respectively. The Company paid $33.6 million in cash related to pawn store acquisitions during the six months ended June 30, 2025 compared to $65.7 million during the six months ended June 30, 2024. The Company funded a net increase in pawn loans of $30.6 million during the six months ended June 30, 2025 and $20.9 million during the six months ended June 30, 2024. The Company funded a net increase in finance receivables of $56.0 million during the six months ended June 30, 2025 and $37.6 million during the six months ended June 30, 2024.

Cash Flow Used in Financing Activities

Net cash used in financing activities increased $95.2 million, or 187%, from $50.9 million for the six months ended June 30, 2024 to $146.0 million for the six months ended June 30, 2025. Net payments on the credit facilities were $46.0 million during the six months ended June 30, 2025 compared to net payments of $418.0 million during the six months ended June 30, 2024. During the six months ended June 30, 2024, the Company received  $500.0 million in proceeds from the private offering of senior unsecured notes which was used to repay a portion of the outstanding balance on the Credit Facility, after payment of