Elevate Credit, Inc. ELVT Balance Sheet

Elevate credit, inc. (ELVT)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16
ASSETS
Cash and cash equivalents
101,429	88,913	77,337	63,399	97,153	58,313	54,794	69,368	87,860	41,142	53,473	81,195	97,231	53,574
Restricted cash
2,190	2,294	2,290	2,491	2,493	2,591	1,593	1,594	1,597	1,595	1,640	2,188	1,686	1,785
Loans and Leases Receivable, Net Amount
516,670	573,677	555,424	535,405	502,528	561,694	542,976	507,801	483,556	524,619	458,584	405,619	367,312	392,663
Prepaid expenses and other assets
13,038	11,608	11,702	11,990	9,865	11,418	13,217	12,924	11,816	10,306	9,110	8,048	11,716	11,314
Operating lease right of use assets
9,746	10,200	11,036	11,900	11,500	-	-	-	-	-	-	-	-	-
Receivable from CSO lenders
6,822	8,696	9,694	10,246	11,701	16,183	17,846	17,752	17,504	22,811	29,736	24,270	22,993	26,053
Receivable from payment processors
9,278	10,651	21,079	27,129	24,059	21,716	28,519	26,742	24,496	21,126	23,122	20,184	18,789	19,105
Deferred tax assets, net
9,737	10,139	12,304	13,605	15,986	21,628	21,499	18,105	18,696	23,545	37,549	33,542	33,874	31,197
Property, Plant and Equipment, Net
49,905	49,989	48,937	47,629	44,886	41,579	36,738	31,415	28,244	24,249	21,370	19,759	17,601	16,159
Goodwill, net
6,800	16,000	16,000	16,000	16,027	16,027	16,027	16,027	16,027	16,027	16,027	16,027	16,027	16,027
Intangible assets, net
1,371	1,402	1,432	1,462	1,568	1,712	1,856	2,000	2,078	2,123	2,168	2,213	2,259	2,304
Derivative assets at fair value (cost basis of $0 and $109, respectively)
-	-	0	0	0	412	1,238	2,016	2,418	0	-	-	-	-
Total assets
726,962	783,587	767,262	741,241	737,811	753,273	736,303	705,744	694,292	687,543	652,779	613,045	589,488	570,181
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts Payable and Accrued Liabilities
41,179	45,596	43,177	41,445	40,351	44,950	44,955	36,800	34,021	42,213	38,437	33,624	29,936	31,390
Operating lease liabilities
13,800	14,400	15,300	16,160	15,392	-	-	-	-	-	-	-	-	-
Income taxes payable
1,174	0	-	-	-	-	-	-	-	-	-	-	-	-
State and other taxes payable
-	-	719	1,222	1,091	681	696	931	1,273	884	772	823	953	1,026
Deferred revenue
8,831	12,087	13,330	15,246	20,405	28,261	30,639	28,863	-	33,023	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	27,792	-	29,313	25,090	23,640	28,970
Long-term Debt
514,206	555,063	549,028	527,237	527,511	562,590	548,960	525,344	521,959	513,295	476,544	448,935	511,265	493,478
Derivative liability
-	-	-	-	-	-	0	0	0	1,972	1,860	1,754	4,400	1,750
Total liabilities
579,180	627,098	621,560	601,310	604,750	636,482	625,250	591,938	585,045	591,387	546,926	510,226	570,194	556,614
COMMITMENTS, CONTINGENCIES AND GUARANTEES (Note 12)
-	-	-	-	-	-	0	0	0	-	0	0	0	0
STOCKHOLDERS’ EQUITY
Preferred stock; $0.0004 par value; 24,500,000 authorized shares; None issued and outstanding at March 31, 2020 and December 31, 2019.
0	0	0	0	0	0	0	0	0	0	0	0	6	0
Common stock; $0.0004 par value; 300,000,000 authorized shares; 44,508,834 and 44,445,736 issued; 43,000,499 and 43,676,826 outstanding, respectively
18	18	18	18	18	18	17	17	17	17	17	17	5	5
Additional paid-in capital
195,471	193,061	189,783	187,521	185,699	183,244	180,610	178,440	175,271	174,090	171,739	169,954	89,627	88,854
Treasury stock; at cost; 1,508,335 and 768,910 shares of common stock, respectively
6,717	3,344	434	-	-	0	-	-	-	-	-	-	-	-
Accumulated deficit
-40,083	-34,342	-42,631	-47,395	-53,167	-66,525	-70,657	-66,423	-69,551	-79,954	-67,760	-68,333	-71,354	-76,385
Accumulated other comprehensive (loss) income, net of tax benefit of $1,367 and $1,353, respectively
-907	1,096	-1,034	-213	511	54	1,083	1,772	3,510	2,003	1,857	1,181	1,010	1,087
Stockholders' Equity Attributable to Parent
147,782	156,489	145,702	139,931	133,061	116,791	111,053	113,806	109,247	96,156	105,853	102,819	19,294	13,567
Total liabilities and stockholders’ equity
726,962	783,587	767,262	741,241	737,811	753,273	736,303	705,744	694,292	687,543	652,779	613,045	589,488	570,181