Enova Intl Inc Stock Price, News & Analysis

Enova reported strong Q1 2025 financial results, with originations increasing 26% and total revenue rising 22% to $746 million compared to Q1 2024. The company achieved diluted earnings per share of $2.69, up 64%, while adjusted EPS grew 56% to $2.98.

Key performance metrics remained robust with a stable net charge-off ratio of 8.6% and net revenue margin of 57%. The company's consolidated 30+ day delinquency ratio improved to 7.7%, while maintaining a portfolio fair value premium of 115%. Total combined loans reached a record $4.1 billion, with quarterly originations of $1.7 billion.

Liquidity position remained strong at $1.1 billion, including cash, marketable securities, and available facility capacity. The company continued its shareholder value creation through $63 million in share repurchases during the quarter. Management attributes success to their diversified products, online-only model, and machine learning-powered analytics in a favorable environment marked by strong labor market and wage growth.

Enova International (NYSE: ENVA) has scheduled its first quarter 2025 financial results announcement for Tuesday, April 29, 2025, after market close. The company will host a conference call at 4 p.m. Central Time / 5 p.m. Eastern Time on the same day to discuss the results.

Investors can access the live webcast through Enova's Investor Relations website at http://ir.enova.com, where the earnings press release and supplemental financial information will also be available. For those joining by phone, the U.S. dial-in number is 1-855-560-2575 (1-412-542-4161 for international callers).

A replay will be available until May 6, 2025, at 10:59 p.m. Central Time via U.S. dial-in 1-877-344-7529 (replay code: 9725416). The webcast recording will remain accessible on the IR website for 90 days.

A new Small Business Cash Flow Trend Report from OnDeck, Enova's (NYSE: ENVA) small business lending division, and Ocrolus reveals increasing optimism among small businesses for 2025. 94% of small businesses expect significant or moderate growth in 2025, up 2% from Q3 2024.

Key challenges identified include:

• 37% cite inflation as their top concern
• 30% identify cash flow as their primary challenge
• 76% of businesses bypassed traditional bank loans, up from 62% in Q4 2023

The report is based on responses from 454 small businesses with working capital loans and over 2 million small business applications for working capital financing during the past 15 months. The survey was conducted between December 2-11, 2024.

Enova International (ENVA) reported strong Q4 and full-year 2024 results, with record-breaking performance across key metrics. Q4 total revenue increased 25% to $730 million, while net income rose 83% to $64 million ($2.30 per diluted share). The company maintained a healthy net revenue margin of 57%.

Full-year 2024 highlights include: total revenue up 26% to $2.7 billion, net income growth of 20% to $209 million ($7.43 per diluted share), and adjusted earnings per share of $9.15, a 34% increase from 2023. The company's total combined loans and finance receivables reached a record $4.0 billion, with Q4 originations of $1.7 billion. During Q4, Enova repurchased $51 million of common stock.

Enova International (NYSE: ENVA) has announced it will release its fourth quarter and full year 2024 financial results after market close on Tuesday, February 4, 2025. The company will host a conference call to discuss the results at 4 p.m. Central Time / 5 p.m. Eastern Time on the same day.

The live webcast will be available on Enova's Investor Relations website, along with earnings press release and supplemental financial information. For those joining by phone, the U.S. dial-in is 1-855-560-2575 (1-412-542-4161 for international callers). A replay will be available until February 11, 2025, with U.S. replay dial-in 1-877-344-7529 (replay access code: 6182379). The webcast recording will remain accessible for 90 days on the company's IR website.

Enova International (NYSE: ENVA) has been named one of Foundry's Computerworld Best Places to Work in IT for the 12th consecutive year, ranking 10th among midsize organizations. The recognition highlights Enova's commitment to fostering innovation through its collaborative work culture and comprehensive benefits.

The company offers extensive career development opportunities including tuition reimbursement, mentoring programs, and specialized training initiatives like Baseline for new engineers and Tech Talks focused on emerging technologies. Enova's dedication to diversity and inclusion is demonstrated through its Women @ Enova initiative, which launched the Chicago Women in Technology Conference, and its DEI Council supporting seven affinity groups.

The ranking by Computerworld is based on evaluation of company benefits, career development, DEI practices, future of work, training, and retention, vetted by industry experts.

OnDeck and Ocrolus released their Small Business Cash Flow Trend Report, revealing strong optimism among small businesses. 92% of owners expect moderate to significant growth in the next six months. The study highlights key trends: 58% of family-owned businesses plan to pass on to family members, 62% accept alternative payment methods, and 73% prefer non-bank lenders over traditional banks for funding. The report analyzed responses from 525 small businesses with working capital loans and over 2 million small business financing applications during a 15-month period.

Enova International (NYSE: ENVA) reported strong financial results for the third quarter of 2024. The company saw a 25% increase in total revenue to $690 million and a 28% rise in originations compared to Q3 2023. Diluted earnings per share grew 22% to $1.57, while adjusted earnings per share surged 63% to $2.45. Credit performance remained robust with lower consolidated net charge-off and delinquency ratios.

Key highlights include:

• Net revenue margin held steady at 58%
• Net income increased to $43 million
• Adjusted EBITDA rose 42% to $172 million
• Total loans and finance receivables reached a record $3.8 billion
• The company repurchased $23 million of common stock

Enova's CEO, David Fisher, attributed the success to the company's machine learning risk management algorithms and diversified product offerings.

Enova International (NYSE: ENVA), a leading financial services company, has announced that its third quarter 2024 financial results will be released after the market close on Tuesday, October 22, 2024. The company will host a conference call to discuss the results at 4 p.m. Central Time / 5 p.m. Eastern Time on the same day.

Investors can access the live webcast of the call, along with the earnings press release and supplemental financial information, at the Enova International Investor Relations website. The U.S. dial-in number for the call is 1-855-560-2575 (1-412-542-4161 for non-U.S. callers). A replay of the conference call will be available until October 29, 2024, and an archived version of the webcast will be accessible on the company's Investor Relations website for 90 days.