For the quarter ending 2026-03-31, ATLCL had $36,652K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income | 44,577 | 34,609 | 86,000 |
| Depreciation, amortization and accretion, net | 5,070 | 4,119 | 5,777 |
| Provision for credit losses | 1,600 | 2,236 | 3,999 |
| Deferred income tax expense | 14,227 | 11,436 | 27,218 |
| Income from accretion of discount associated with loans at amortized cost, net | 7,003 | 6,988 | 20,246 |
| Income from merchant fees associated with loans at fair value | -32,250 | -46,433 | -150,733 |
| Changes in fair value of loans | -365,524 | -431,082 | -671,973 |
| Change in bank partner fees carried at fair value | 9,603 | -2,005 | -3,825 |
| Amortization of debt issuance costs | -4,689 | -4,924 | -13,537 |
| Stock-based compensation costs | 1,393 | 1,557 | 2,738 |
| Decrease in lease liability | 1,276 | 1,219 | 2,278 |
| Increase in uncollected fees on earning assets | 90,923 | 180,382 | 266,552 |
| Increase in income tax liability | 2,098 | -160 | -424 |
| (decrease) increase in accounts payable and accrued expenses | -3,575 | 20,231 | 9,276 |
| Other | -8,203 | -10,766 | -12,398 |
| Net cash provided by operating activities | 286,345 | 266,251 | 371,712 |
| Proceeds from recoveries on charged off receivables | 21,270 | 24,222 | 47,302 |
| Investments in earning assets | 1,363,738 | 1,757,409 | 2,678,774 |
| Proceeds from earning assets | 1,291,504 | 1,248,794 | 1,681,888 |
| Acquisition of mercury (net of cash acquired) | - | 0 | 72,863 |
| Purchases and development of property | 250 | 144 | 4,880 |
| Net cash used in investing activities | -51,214 | -484,537 | -1,027,327 |
| Noncontrolling interests contributions | 3 | 190 | 78 |
| Noncontrolling interests distributions | - | 0 | 0 |
| Proceeds from issuance of common stock | 0 | 0 | 11,589 |
| Proceeds from issuance of series b preferred stock, net of issuance costs | 12 | 478 | 5,768 |
| Preferred stock and preferred unit dividends | 2,308 | 2,303 | 10,130 |
| Proceeds from exercise of stock options | 294 | 873 | 562 |
| Purchase and retirement of outstanding stock and preferred units | 3,831 | 16,381 | 53,186 |
| Proceeds from issuance of senior notes, net of issuance costs | 515 | 7,265 | 418,341 |
| Proceeds from borrowings | 543,507 | 2,078,128 | 1,431,465 |
| Repayment of borrowings | 736,671 | 1,608,494 | 1,122,571 |
| Net cash used in financing activities | -198,479 | 459,756 | 681,916 |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | 36,652 | 241,470 | 26,301 |
| Cash and cash equivalents and restricted cash equivalents at beginning of period | 767,407 | 525,937 | 499,636 |
| Cash and cash equivalents and restricted cash equivalents at end of period | 804,059 | 767,407 | 525,937 |