ENVA: the cash flow

MyFinsight

For the year ending 2025-12-31, ENVA had $85,195K increase in cash & cash equivalents over the period. $1,771,981K in free cash flow.

Cash Flow	2025-12-31
Net income	308,389
Depreciation and amortization	41,831
Amortization of deferred loan costs and debt discount	16,588
Change in fair value	1,313,391
Stock-based compensation expense	33,096
Loss on early extinguishment of debt	-1,019
Operating leases, net	-1,528
Deferred income taxes, net	70,560
Finance and service charges on loans and finance receivables	-1,391
Other receivables, prepaid expenses and other assets	24,174
Accounts payable and accrued expenses	34,964
Current income taxes receivable/payable	20,538
Net cash provided by operating activities	1,819,121
Loans and finance receivables originated or acquired	7,168,665
Loans and finance receivables repaid	4,770,022
Capitalization of software development costs and purchases of fixed assets	47,140
Net cash used in investing activities	-2,445,783
Borrowings under revolving line of credit	1,768,000
Repayments under revolving line of credit	1,625,000
Borrowings under securitization facilities	1,686,214
Repayments under securitization facilities	895,656
Debt issuance costs paid	15,301
Debt prepayment penalty paid	563
Proceeds from exercise of stock options	8,714
Treasury shares purchased	214,590
Net cash provided by financing activities	711,818
Effect of exchange rates on cash	39
Net increase (decrease) in cash, cash equivalents and restricted cash	85,195
Cash, cash equivalents and restricted cash at beginning of year	322,668
Cash, cash equivalents and restricted cash at end of year	407,863

Unit: Thousand (K) dollars (except for numbers of shares and EPS).