Filing Flows › Atlanticus Holdings (ATLC) › Q1 2025
Atlanticus Holdings (ATLC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Atlanticus Holdings (ATLC) reported revenue of $345M for the first quarter 2025 (Q1 2025), +19% from a year earlier and -2% from the quarter before. Operating margin was 11.8%, net earnings $31.5M (9.1% of revenue).
Atlanticus Holdings, Q1 2025: revenue $345M (+19% year over year), operating margin 11.8%, net earnings $31.5M, operating cash flow $132M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $345M | -2% | +19% |
| Operating profit | $40.9M | +3% | +25% |
| Net earnings | $31.5M | +0.7% | +20% |
| Operating cash flow | $132M | +7% | +11% |
What changed
Revenue was $345.2M in Q1 2025, up 19% year over year and down 2% from the previous quarter.
Operating profit was $40.9M, a 11.8% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, above the 11% margin then. Total costs grew 18% against revenue growth of 19%. The fastest-growing cost line was Sales & marketing (+95%). Net earnings were $31.5M, up 20% year over year ($31.1M including minority interests, which bore $398K of losses). The effective tax rate was 23.8%.
Operating cash flow was $131.6M (up 11% year over year), 423% of net earnings. Non-cash charges added back $1.6M of depreciation and amortization and $870K of share-based compensation. Working capital and other items added $98.0M.
Questions
What was Atlanticus Holdings' revenue in the first quarter 2025?
Atlanticus Holdings (ATLC) reported revenue of $345M for the first quarter 2025 (Q1 2025), +19% from a year earlier and -2% from the quarter before.
Was Atlanticus Holdings profitable in the first quarter 2025?
Operating profit was $40.9M (11.8% of revenue) and net earnings $31.5M.