Ezcorp, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2021
August 04, 2021 at 04:32 pm EDT
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EZCORP, Inc. announced earnings results for the third quarter ended June 30, 2021. For the third quarter, the company announced total revenue was USD 174.033 million compared to USD 210.224 million a year ago. Operating income was USD 3.713 million compared to operating loss of USD 4.276 million a year ago. Net loss was USD 2.570 million compared to USD 5.487 million a year ago. For the nine months, total revenue was USD 537.107 million compared to USD 655.938 million a year ago. Operating income was USD 23.361 million compared to operating loss of USD 21.508 million a year ago. Net income was USD 7.059 million compared to net loss of USD 45.123 million a year ago.
EZCORP, Inc. is a provider of pawn transactions in the United States and Latin America. The Company also sells merchandise, primarily collateral forfeited from pawn lending operations and pre-owned and recycled merchandise purchased from customers. It operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The U.S. Pawn segment includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States. The Latin America Pawn segment includes its Empeno Facil, Cash Apoyo Efectivo (CAE) and other branded pawn operations in Mexico, as well as its GuatePrenda and MaxiEfectivo pawn operations in Guatemala, El Salvador, and Honduras (GPMX). At its pawn stores, it advances cash against the value of collateralized tangible personal property and sells merchandise to customers looking for good value. The merchandise it sells primarily consists of second-hand collateral forfeited from its pawn activities or merchandise purchased from customers.
EZCORP, INC. 
