We are a specialty finance company headquartered in Norfolk, Virginia and incorporated in Delaware. Our primary business is the purchase, collection and management of nonperforming loan portfolios, and we are a global leader in the industry.
The institution is unprofitable. This typically signals severe credit losses or a business in transition.
Revenue grew 7.8% YoY. However, net income declined 532%, rising credit provisions or expenses may be eating into the top line.
Net income declined 532% YoY, profitability momentum has weakened.
Profitability & Returns
Revenue (TTM)
$1.25B
▲ +7.8% YoY
Net Income (TTM)
-$281M
▼ -532.2% YoY
Net Margin
-22.51%
P/E
—
Balance Sheet
Total Assets
$5.21B
Equity
$1.00B
Total Debt
$32M
Cash & Equiv.
$125M
5Y CAGR: +2.4%
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