Atlanticus Holdings Corp
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
ATLC$79.69-1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows (Unaudited)
| For the Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities | | |
| Net income | $189,724 | $86,000 |
| Adjustments to reconcile net income to net cash provided by operating activities: | | |
| Depreciation, amortization and accretion, net | 14,696 | 5,212 |
| Provision for credit losses | 2,662 | 769 |
| Deferred income tax expense | 61,208 | 27,218 |
| Income from merchant fees associated with Loans at fair value | (145,292) | (150,733) |
| Changes in fair value of loans | 1,180,112 | 671,973 |
| Change in bank partner fees carried at fair value | (7,894) | 3,825 |
| Amortization of debt issuance costs | 18,110 | 13,537 |
| Stock-based compensation costs | 6,623 | 2,738 |
| Gain on sale of discontinued operations | (20,095) | — |
| Gain on sale of word mark | (27,500) | — |
| Changes in assets and liabilities: | | |
| Decrease in lease liability | (3,395) | (1,766) |
| Increase in uncollected fees on earning assets | (450,052) | (266,602) |
| Increase (decrease) in income tax liability | 4,077 | (285) |
| Increase in accounts payable and accrued expenses | 8,454 | 8,965 |
| Other | 6,122 | (12,546) |
| Net cash used in operating activities of discontinued operations | (21,017) | (16,593) |
| Net cash provided by operating activities | 816,543 | 371,712 |
| | | |
| Investing activities | | |
| Proceeds from recoveries on charged off receivables | 85,411 | 47,302 |
| Investments in earning assets | (4,689,264) | (2,550,533) |
| Proceeds from earning assets | 3,737,833 | 1,537,353 |
| Acquisition of Mercury (net of cash acquired) | — | (72,863) |
| Purchases and development of property | (438) | (4,843) |
| Net cash provided by investing activities of discontinued operations | 78,711 | 16,257 |
| Net cash used in investing activities | (787,747) | (1,027,327) |
| | | |
| Financing activities | | |
| Noncontrolling interests contributions | 63 | 78 |
| Proceeds from issuance of common stock | 14,246 | 11,589 |
| Proceeds from issuance of Series B preferred stock, net of issuance costs | 735 | 5,768 |
| Preferred stock and preferred unit dividends | (6,937) | (10,130) |
| Proceeds from exercise of stock options | 3,578 | 562 |
| Purchase and retirement of outstanding stock and preferred units | (4,293) | (53,186) |
| Proceeds from issuance of Senior notes, net of issuance costs | 16,693 | 418,341 |
| Proceeds from borrowings | 2,240,633 | 1,335,358 |
| Repayment of borrowings | (2,317,656) | (1,020,470) |
| Net cash used in financing activities of discontinued operations | (7,201) | (5,994) |
| Net cash (used in) provided by financing activities | (60,139) | 681,916 |
| Net (decrease) increase in cash and cash equivalents and restricted cash and cash equivalents | (31,343) | 26,301 |
| Cash and cash equivalents and restricted cash equivalents at beginning of period | 767,407 | 499,636 |
| Cash and cash equivalents and restricted cash equivalents at end of period | $736,064 | $525,937 |
| Cash and cash equivalents, and restricted cash and cash equivalents at end of period | | |
| Cash and cash equivalents | | |
| Continuing operations | $600,502 | $421,045 |
| Discontinued operations | — | 3,978 |
| Restricted cash and cash equivalents | | |
| Continuing operations | 135,562 | 100,914 |
| Discontinued operations | — | — |
| Cash and cash equivalents, and restricted cash and cash equivalents at end of period | $736,064 | $525,937 |
| Supplemental cash flow information | | |
| Cash paid for interest | $361,412 | $162,968 |
| Cash paid for income taxes, net of refunds | $(1,652) | $699 |
| Increase (decrease) in accrued and unpaid preferred stock and preferred unit dividends | $2 | $(2,027) |
| Noncash investing and financing | | |
| Seller note receivable as consideration in connection with the sale of CAR (Note 2) | $15,000 | $— |
| Receivable associated with sale of word mark | $27,500 | $— |
| Cash assumed upon acquisition of Mercury | $— | $93,664 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.