Ezcorp Inc Stock Price, News & Analysis

EZCORP, traded on NASDAQ under the symbol EZPW, has announced its Annual Meeting of Stockholders scheduled for March 2, 2023, at 9:00 a.m. Central time. The meeting will include a discussion on business operations followed by a Q&A session and will be accessible via a conference call and a live webcast. EZCORP has also filed its Annual Report on Form 10-K for fiscal 2022 with the Securities and Exchange Commission, available on its website. The company, a leader in pawn transactions in the U.S. and Latin America, focuses on catering to cash-constrained consumers.

EZCORP reported robust first-quarter results for fiscal 2023, with pawn loans outstanding increasing 19% to $209.9 million. Total revenue rose by 20% to $264.3 million, while gross profit climbed 15% to $152.5 million. Net income reached $16.8 million, up from $15.7 million year-over-year. Diluted earnings per share (EPS) increased to $0.25, with an adjusted EPS of $0.28. The company continues to expand, adding 10 stores in the U.S. and Latin America. CEO Lachie Given emphasized a focus on customer service and operational excellence to drive growth despite macroeconomic challenges.

EZCORP, Inc. will report its first quarter fiscal 2023 financial results for the period ended December 31, 2022, on February 1, 2023, after market close. The company will host a conference call and webcast on February 2, 2023, at 9:00 a.m. ET to discuss the outcomes. Investors can access presentation slides on their Investor Relations website following the earnings release. EZCORP, a leading provider of pawn transactions in the U.S. and Latin America, focuses on catering to cash-constrained consumers while providing a superior customer experience.

EZCORP, a leading provider of pawn transactions in the U.S. and Latin America, has announced the pricing of a private offering of $200 million in convertible senior notes due 2029, upsized from a previous $175 million. The notes have a 3.75% interest rate, convertible into cash or Class A common stock at an initial conversion price of approximately $11.23 per share. The company estimates net proceeds of $193.7 million to be used primarily for repurchasing existing convertible notes and shares. The sale closes on December 12, 2022.

EZCORP, a leader in pawn transactions in the U.S. and Latin America, announced plans to offer $175 million in convertible senior notes due 2029. An additional $25 million may be purchased by initial purchasers. Proceeds will be used to repurchase existing convertible notes and shares of Class A common stock. These notes will be convertible into cash or stock and mature on December 15, 2029. The offering is aimed at qualified institutional buyers under Rule 144A. The company emphasizes that the offering is not an offer to sell securities in any jurisdiction where it would be unlawful.

EZCORP, Inc. (NASDAQ: EZPW) has announced significant investments aimed at expanding its pawnbroking services. The company increased its investment in Founders One, LLC by $30 million to support the acquisition of FFI Holdings, Inc., which operates 52 stores in Florida and Puerto Rico. Additionally, EZCORP acquired the luxury pawnbroking business Max Pawn in Las Vegas, establishing a joint venture to focus on high-end goods. CEO Lachie Given emphasized that these moves enhance their pawnbroking offerings and broaden their geographic reach.

EZCORP, Inc. (NASDAQ: EZPW) has submitted its Annual Report on Form 10-K for the fiscal year ending September 30, 2022, to the Securities and Exchange Commission. The report is accessible on the Company’s Investor Relations website. EZCORP specializes in pawn transactions across the U.S. and Latin America, providing quick cash solutions for consumers. The company is a notable member of both the S&P 1000 Index and Nasdaq Composite Index.

EZCORP, a leader in pawn transactions, reported robust financial results for Q4 and FY 2022, ending September 30. Highlights include a 21% revenue increase, reaching $233.4 million for the quarter, with gross profit up 15% to $137.6 million. Pawn loans outstanding rose 19% to a record $210.0 million. Net income for Q4 surged to $7.3 million, significantly up from $1.6 million year-over-year. Diluted earnings per share jumped to $0.11 from $0.03. The company also expanded its store count and launched the successful EZ+ Rewards program, enhancing customer engagement.

EZCORP, Inc. (NASDAQ: EZPW) will release its fourth quarter and full year fiscal 2022 financial results on November 16 after market close. A conference call is scheduled for 8:00 a.m. ET on November 17 to discuss the results. Investors can access the presentation on the company's Investor Relations website. Established in 1989, EZCORP is a leading provider of pawn transactions in the U.S. and Latin America, focusing on satisfying the short-term cash needs of consumers.