Curo group holdings corp. (CURO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash flows from operating activities
Net income from continuing operations

111,238

103,898

89,745

19,168

20,219

16,459

18,907

71,260

68,884

60,609

0

0

0

Adjustments to reconcile net income to net cash provided by continuing operating activities:
Depreciation and amortization

18,247

18,630

18,889

18,903

18,722

18,337

17,693

17,860

18,066

18,185

0

0

0

Provision for losses

479,702

468,551

468,940

472,765

447,102

421,600

376,965

348,614

327,713

312,566

0

0

0

Amortization of debt issuance costs and bond discount

2,787

2,971

3,008

3,109

3,401

3,658

0

0

0

-

-

-

-

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

-

-

0

0

0

Amortization of bond (premium)/discount

-

-

-

-

-

-

-

-

-

-

0

0

0

Deferred income tax (benefit) expense

18,040

-6,396

-4,026

-4,669

-7,123

2,126

12,852

12,888

8,446

9,036

0

0

0

Loss on disposal of property and equipment

862

-85

-296

-2,206

-1,402

-889

-2,515

-2,551

-2,746

-2,278

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-90,569

-80,883

-11,683

-11,683

-12,458

0

0

0

Loss from equity method investment

0

-

-

-

0

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance

-

-

-

-

-

-

-

0

2,288

-

0

0

0

Share-based compensation

11,345

10,323

9,685

9,003

8,540

8,210

6,766

4,769

2,681

965

0

0

0

Changes in operating assets and liabilities:
Accrued interest on loans receivable

-1,890

12,844

16,556

15,195

14,252

11,096

-272,371

-136,608

-23,141

16,770

0

0

0

Prepaid expenses and other assets

-1,815

-10,771

-9,002

-7,913

2,460

2,578

0

0

0

-

-

0

0

Other assets

0

-

0

0

0

-

0

0

0

-

-

-

-

Accounts payable and accrued liabilities

-20

9,798

13,373

6,522

413

-5,085

-9,685

10,298

12,405

6,232

0

0

0

Deferred revenue

-1,040

527

-179

-1,352

-1,630

-1,630

0

0

0

-

-

0

0

Income taxes payable

4,540

34,102

26,427

32

11,569

1,636

-10,532

23,476

20,999

529

0

0

0

Income taxes receivable

-6,554

-9,798

-5,219

3,104

15,766

13,287

14,941

19,079

8,670

-2,557

0

0

0

Deferred rent

-

-

-

-

-

-

-

0

0

-

-

0

0

Accrued interest

0

-

0

0

0

-

0

0

0

-

-

0

0

Other liabilities

0

-

0

0

0

-

0

0

0

-

0

0

0

Net cash provided by continuing operating activities

662,005

651,135

630,870

589,242

541,912

523,656

0

0

0

-

-

-

-

Net cash provided by (used in) discontinued operating activities

390

-504

4,742

4,846

8,893

10,808

0

0

0

-

-

-

-

Net cash provided by operating activities

662,395

650,631

635,612

594,088

550,805

534,464

768,133

637,321

502,133

434,904

0

0

0

Cash flows from investing activities
Purchase of property, equipment and software

14,520

13,981

14,670

17,240

15,610

14,033

8,830

4,846

7,166

8,717

0

0

0

Loans receivable originated or acquired

1,853,977

1,835,301

1,880,927

1,952,173

2,056,231

2,136,164

0

0

0

-

-

-

-

Loans receivable repaid

1,350,412

1,327,190

1,341,046

1,351,647

1,469,674

1,558,201

0

0

0

-

-

-

-

Investments in Katapult

6,600

8,168

8,168

4,368

1,568

958

1,583

1,583

6,558

5,600

0

0

0

Payments to Acquire Businesses, Net of Cash Acquired

0

-

-

-

0

-

-

-

-

-

-

-

-

Net cash used in continuing investing activities

-539,103

-530,260

-562,719

-622,134

-603,735

-592,954

0

0

0

-

-

-

-

Net cash used in discontinued investing activities

0

-14,213

-17,623

-27,755

-38,322

-27,891

0

0

0

-

-

-

-

Changes in restricted cash

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used in investing activities

-539,103

-544,473

-580,342

-649,889

-642,057

-620,845

-862,503

-629,511

-485,400

-432,851

0

0

0

Cash flows from financing activities
Payments on Senior Secured Notes

-

-

-

-

-

-

0

0

0

-

-

-

-

Payments on 12.00% Senior Cash Pay Notes

-

-

-

-

-

-

-

-

-

125,000

0

0

0

Proceeds from issuance of Senior Secured Notes

-

-

-

-

-

-

-

-

-

-

-

0

0

Debt issuance costs paid

151

200

1,290

18,639

18,737

18,609

21,996

4,867

5,082

18,701

0

0

0

Proceeds from exercise of stock options

235

149

238

547

599

559

0

0

0

-

-

-

-

Payments of call premiums from early debt extinguishments

-

-

-

-

-

-

-

-

-

0

0

0

0

Net proceeds from issuance of common stock

-

-

-

-

-

11,167

92,666

93,548

94,252

81,117

0

0

0

Payments to net share settle restricted stock units vesting

0

-

-

-

0

-

-

-

-

-

-

-

-

Repurchase of common stock

77,850

71,942

0

0

0

-

-

-

-

-

-

-

-

Dividends paid to stockholders

0

-

-

-

0

-

-

-

0

-

-

-

-

Net cash (used in) provided by financing activities

-59,428

-97,968

-129,845

54,573

61,082

19,092

169,313

-1,633

-24,556

-36,691

0

0

0

Effect of exchange rate changes on cash and restricted cash

-801

1,974

-2,061

-1,695

-1,047

-7,345

-719

1,147

2,587

7,776

0

0

0

Net increase in cash and restricted cash

63,063

10,164

-76,636

-2,923

-31,217

-74,634

74,224

7,324

-5,236

-26,862

0

0

0

12.00% Senior Secured Notes
Payments on Senior Secured Notes

-

-

-

-

-

-

-

-

0

-

-

-

-

Non-Recourse Canada SPV Facility
Payments on credit facilities

-

-

-

-

-

-

-

-

0

-

-

-

-