Recording collections and strategic growth …

• Portfolio purchase: 292 million US dollars in the first quarter of 2025 with $ 178 million in America and 113 million US dollars in Europe.

• Estimated remaining collections (ERC): Record of 7.8 billion US dollars, by 20% compared to the previous year and 5% one after the other.

• Cash collections: 497 million US dollars, by 11% compared to the previous year, with US Kern -Cash collections increased by 20%.

• Total turnover: 270 million US dollars, 5% compared to the previous year.

• Operating costs: 195 million US dollars, 3% compared to the previous year.

• Net income: $ 4 million or $ 0.09 in diluted result per share.

• Adjusted EBITDA growth: 13% growth of 12 months.

• Relationship between cash efficiency: 61%, compared to 58% in the previous year.

• Debt-to-annoyed EBITDA ratio: 2.93 times on March 31, 2025.

• Net interest: 61 million US dollars, an increase of 9 million US dollars.

• Effective tax rate: 32% for the quarter.

• Financing capacity: 3.1 billion US dollars in total capital as part of credit facilities with a total availability of $ 919 million.

Appearance date: May 05, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• PRA Group Inc (Nasdaq: PraA) reported 19% of portfolio purchase, which indicates strong employment activity.

• The company received record -esteemed remaining collections (ERC) and shows robust future cash flow expectations.

• There was a remarkable increase in US cash collections a year compared to the previous year by 33%, which reflected an effective operational execution.

• The PRA Group Inc (Nasdaq: PraA) recorded a growth of 12 months by 13% and marked the seventh quarter of growth in a row.

• The company successfully consolidated three US Call centers to reduce wear and improve operational efficiency.

• The net income was lower due to moderate changes to the expected recovery compared to previous quarters.

• The US Kern -Cash collections were 4% below expectations, which was due to a non -agreement in the seasonal modeling.

• The effective tax rate was 32% for the quarter, which is relatively high and could affect the net result.

• The cost of the legal collection rose by $ 7 million, which is due to investments in the US legal collection channel.

• It is expected that the return of the average tangible equity is lower than the target of approximately 12% for the year.

Q: How did the tax reimbursement season have an impact on the tax refund and are there any signs of weakening consumers? A: Vikram Atal, President and CEO, explained that the tax refunds were quite normal compared to previous years. The company observed a positive commitment from consumers without significant activity. The deviation of the cash collections was attributed more to the modeling of expectations than to consumer behavior. Rakesh Sehgal, CFO, added that the shortfall after seven quarters of positive cash over-performance was an anomaly, and they believe that it is more of a time problem than a consumer-oriented problem.