Categories: Insider Trading News

Ezcorp’s chief income officer Nicole Swies sells $124,700 in inventory


This transaction was disclosed in a submitting with the Securities and Trade Fee, offering traders with insights into the buying and selling actions of firm insiders. InvestingPro subscribers can entry further insights via complete Professional Analysis Reviews, which embody detailed evaluation of EZCORP (NASDAQ:EZPW)’s monetary metrics, valuation, and progress prospects, together with 5 extra unique ProTips in regards to the firm’s present place. InvestingPro subscribers can entry further insights via complete Professional Analysis Reviews, which embody detailed evaluation of EZCORP’s monetary metrics, valuation, and progress prospects, together with 5 extra unique ProTips in regards to the firm’s present place.

This transaction was disclosed in a submitting with the Securities and Trade Fee, offering traders with insights into the buying and selling actions of firm insiders.

In different current information, EZCORP Inc. reported a record-breaking fiscal fourth quarter and full 12 months 2024. The corporate’s income, pawn mortgage originations, and membership of their rewards program all noticed important will increase. Particularly, whole This fall income rose by 11% to $300.9 million, pawn mortgage originations grew by 14% to $279.2 million, and membership within the EZ+ Rewards program surged by 44% to five.4 million members. The corporate’s growth efforts included the addition of 21 new shops, bringing the entire to 1,279.

By way of future developments, EZCORP plans to open 40 new shops in Latin America in 2024, with a give attention to Mexico. The corporate additionally highlighted a robust money stability of $171 million, regardless of share repurchases and debt cost, and expects to return to regular seasonality in mortgage demand by 2025. The corporate’s administration stays dedicated to a balanced capital allocation technique, with bond maturities approaching in Could 2024.

Lastly, ongoing investments in expertise and operational effectivity are anticipated to drive future progress, and the corporate expressed confidence within the progress potential, particularly within the U.S. and Latin America. The acquisition pipeline stays sturdy, with 14 shops acquired within the U.S. in 2023.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.

admin

Share
Published by
admin

Recent Posts

Oil Declines as Trump’s Broad-Ranging Tariffs Threaten Demand

(Bloomberg) -- Oil fell after US President Donald Trump rolled out stiff tariffs on main…

8 minutes ago

Oil Declines as Trump’s Extensive-Ranging Tariffs Threaten Demand

(Bloomberg) -- Oil fell after US President Donald Trump rolled out stiff tariffs on main…

8 minutes ago

Cash weblog: Might Asda be about to lose its place in large three? | Cash Information

Lunchtime learn: All the pieces you should know concerning the UK's new Digital Journey Authorisation…

2 hours ago

‘US is our closest ally’, Jonathan Reynolds says in response to Trump tariffs – however ‘nothing off the desk’

The US is "our closest ally" however "nothing is off the desk" in response to…

2 hours ago

‘No justification’: World reacts to Trump’s tariff announcement | World Information

World leaders and governments have begun reacting to Donald Trump's sweeping tariffs.The president imposed a…

2 hours ago

Trump newest: Tariffs ‘main blow to world economic system’ says EU as markets fall in Asia

Evaluation: The US is 'Brexiting from the world', says one diplomat - as EU prepares…

4 hours ago