Atlanticus Holdings Corp. Reports FY2024 Results
Ticker: ATLCZ · Form: 10-K · Filed: Mar 13, 2025 · CIK: 1464343
| Field | Detail |
|---|---|
| Company | Atlanticus Holdings CORP (ATLCZ) |
| Form Type | 10-K |
| Filed Date | Mar 13, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, debt
TL;DR
ATL: FY24 net income $1.8M, EPS $0.04. Assets $2.5B, Liab $2.1B. Watch debt maturity Dec 2026.
AI Summary
Atlanticus Holdings Corp. filed its 10-K for the fiscal year ending December 31, 2024. The company reported total assets of $2,542.9 million and total liabilities of $2,128.6 million. Net income for the year was $1.8 million, with earnings per share of $0.04. The filing also details various debt obligations and their maturity dates, including a significant amount due on December 1, 2026.
Why It Matters
This 10-K filing provides a comprehensive overview of Atlanticus Holdings Corp.'s financial health and operational performance for the past fiscal year, crucial for investors and creditors to assess the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The company has significant debt obligations with upcoming maturity dates, and its profitability is relatively low, indicating potential financial strain.
Key Numbers
- $2,542.9M — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $2,128.6M — Total Liabilities (Indicates the company's total obligations as of December 31, 2024.)
- $1.8M — Net Income (The company's profit for the fiscal year 2024.)
- $0.04 — Earnings Per Share (The profit allocated to each outstanding share of common stock for fiscal year 2024.)
- December 1, 2026 — Debt Maturity (A significant debt maturity date, indicating a future financial obligation.)
Key Players & Entities
- Atlanticus Holdings Corp. (company) — Filer of the 10-K
- 20241231 (date) — Fiscal year end
- $2,542.9 million (dollar_amount) — Total assets
- $2,128.6 million (dollar_amount) — Total liabilities
- $1.8 million (dollar_amount) — Net income
- $0.04 (dollar_amount) — Earnings per share
- December 1, 2026 (date) — Maturity date for a debt obligation
FAQ
What was Atlanticus Holdings Corp.'s net income for the fiscal year ended December 31, 2024?
Atlanticus Holdings Corp. reported a net income of $1.8 million for the fiscal year ended December 31, 2024.
What were the total assets and total liabilities of Atlanticus Holdings Corp. as of December 31, 2024?
As of December 31, 2024, Atlanticus Holdings Corp. had total assets of $2,542.9 million and total liabilities of $2,128.6 million.
What is the earnings per share for Atlanticus Holdings Corp. for the fiscal year 2024?
The earnings per share for Atlanticus Holdings Corp. for the fiscal year 2024 was $0.04.
When is a significant debt obligation of Atlanticus Holdings Corp. due?
A significant debt obligation of Atlanticus Holdings Corp. is due on December 1, 2026.
What was the company's former name and when did the name change occur?
The company's former name was CompuCredit Holdings Corp., and the date of the name change was May 15, 2009.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 13, 2025 regarding Atlanticus Holdings Corp (ATLCZ).