For the quarter ending 2026-03-31, PRAA had $77,654K increase in cash & cash equivalents over the period. $23,527K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 31,772 | 59,215 | -403,966 | 54,777 |
| Share-based compensation | 4,513 | 3,632 | 4,027 | 8,252 |
| Depreciation, amortization and impairment of long-lived assets | 1,708 | 1,728 | 2,439 | 6,272 |
| Goodwill impairment | - | 0 | 412,611 | - |
| Gain on sale of equity method investment | - | 0 | 0 | 38,403 |
| Amortization of debt premium and issuance costs | 2,184 | 2,096 | 1,976 | 3,863 |
| Changes in expected recoveries | 43,886 | 63,879 | 51,358 | 61,214 |
| Deferred income taxes | 5,415 | 16,809 | -7,687 | -2,733 |
| Net unrealized foreign currency transaction gain | 6,658 | 2,069 | -2,040 | 13,055 |
| Other | 96 | 350 | 306 | -935 |
| Increase (decrease) in prepaid expense and other assets | - | 17,814 | - | - |
| Prepaid expenses and other assets | -1,001 | - | -2,158 | 6,451 |
| Accrued expenses, accounts payable and other liabilities | 33,277 | -13,580 | 27,934 | -17,733 |
| Net cash provided by/(used in) operating activities | 24,937 | -9,919 | -10,132 | -65,490 |
| Purchases of property and equipment, net | 1,410 | 1,429 | 1,214 | 2,178 |
| Purchases of nonperforming loan portfolios | 223,122 | 313,499 | 256,933 | 633,308 |
| Recoveries collected and applied to finance receivables, net | 287,591 | 271,958 | 272,475 | 554,715 |
| Purchases of investments | 136,315 | 0 | 0 | 57,898 |
| Proceeds from sales and maturities of investments | 54,817 | 8 | 2,105 | 105,261 |
| Net cash used in investing activities | -18,439 | -42,962 | 16,433 | -33,408 |
| Proceeds from lines of credit | 226,230 | 463,822 | 332,600 | 407,127 |
| Principal payments on lines of credit | 124,460 | 375,452 | 670,976 | 245,297 |
| Proceeds from issuance of other long-term debt-Loans Payable | - | 0 | - | - |
| Principal payments on long-term debt | 2,500 | 2,500 | 2,500 | 5,000 |
| Proceeds from issuance of 2030 senior notes-A2032Notes | - | - | 351,990 | - |
| Proceeds from issuance of 2030 senior notes-A2030Notes | - | - | 0 | 0 |
| Proceeds from issuance of other long-term debt-Senior Notes | - | 351,990 | - | - |
| Retirement of 2025 senior notes-A2025Notes | - | - | 0 | - |
| Senior notes repurchased and retired during period | - | 0 | - | - |
| Repurchases of common stock | 10,000 | 10,000 | 0 | 10,000 |
| Payments of origination costs and fees | 30 | 1,528 | 4,000 | 878 |
| Tax withholdings related to share-based payments | 2,702 | 145 | 132 | 2,052 |
| Distributions to noncontrolling interests | 702 | 1,127 | 8,965 | 15,040 |
| Proceeds from noncontrolling interests | - | 4,216 | 0 | - |
| Net increase/(decrease) in interest-bearing deposits | -25,413 | -35,878 | -29,355 | -22,960 |
| Net cash provided by financing activities | 60,423 | 41,408 | -31,338 | 105,900 |
| Effect of foreign exchange rates | 10,733 | 9,289 | 546 | 20,885 |
| Net increase in cash, cash equivalents and restricted cash | 77,654 | -2,184 | -24,491 | 27,887 |
| Cash, cash equivalents and restricted cash, beginning of period | 108,643 | 110,827 | 107,431 | - |
| Cash, cash equivalents and restricted cash, end of period | 186,297 | 108,643 | 110,827 | - |
PRA GROUP INC (PRAA)
PRA GROUP INC (PRAA)