1. PRAA reports 13.2% cash collections growth, reaching $536.3 million. 2. Net income up 96.9% to $42 million, aided by RCB equity sale. 3. Adjusted EBITDA grew 16.4% to $1.2 billion over 12 months. 4. Portfolio purchases decreased by 8.7% to $346.5 million this quarter. 5. Future cash flow commitments of $311.2 million secured for next year.
PRAA's strong financial performance, especially in cash collections and net income, indicates growth potential. Historically, significant increases in net income and cash collections have positively affected stock prices.
The article provides strong evidence of improved financial metrics which typically influence investor sentiment and stock price thereby increasing importance for PRAA.
Immediate financial results signal potential quick gains in stock price. Investment increases could lead to higher share value in the near future, particularly if cash flow continues to grow.
Net Income Attributable to PRA Group, Inc. of $42 Million Includes Approximately $30 million After-tax Gain from Previously Announced Sale of RCB Equity Interest in Brazil; $10 Million of Shares Repurchased
16% Adjusted EBITDA Growth Outpaces 13% Cash Collections Growth
Strong European Performance with Continued Focus on Transforming U.S. Business
NORFOLK, Va., Aug. 4, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2025 ("Q2 2025").
| ($ in thousands, except per share amounts) | 2025 | 2024 |
|---|---|---|
| Net income attributable to PRA Group, Inc. | $42,374 | $21,516 |
| Diluted earnings per share | $1.08 | $0.54 |
"The second quarter represented another positive step in our journey of creating sustained shareholder value," said Martin Sjolund, president and chief executive officer. "We had another period of robust portfolio investments at attractive purchase price multiples, record ERC, and improved portfolio income as we continue to focus on high-return opportunities..."
The following table presents cash collections by quarter and by source on an as reported and constant currency-adjusted basis:
| Cash Collection Source | 2025 | 2024 |
|---|---|---|
| Americas and Australia Core | $301,698 | $263,828 |
| Americas Insolvency | 24,329 | 26,971 |
| Europe Core | 185,652 | 156,739 |
| Europe Insolvency | 24,609 | 26,344 |
| Total cash collections | $536,288 | $473,882 |
PRA Group, Inc. will hold a conference call today at 5:00 p.m. ET to discuss its financial and operational results. To listen to a webcast of the call and view the accompanying slides, visit ir.pragroup.com/events-and-presentations. To listen by phone, call 646-357-8785 in the U.S. or 1-800-836-8184 outside the U.S. and ask for the PRA Group conference call.
As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe, and Australia. For more information, please visit www.pragroup.com.
Statements made herein that are not historical in nature are forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934...
Investor Contact: Najim Mostamand, CFA, Vice President, Investor Relations, 757-431-7913
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