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EZCORP reported a strong third quarter with pawn loans outstanding up 30% to a record high of $204.2 million, driving significant increases in pawn service charges and earnings improvement. Total revenue increased 24%, and net income was $12.2 million, an increase of $14.8 million.
Pawn loans outstanding (PLO) up 30% to a record-high of $204.2 million.
Total revenue increased 24%, and gross profit increased 20%.
Merchandise sales gross margin was at the high end of our target range at 38%.
Net income was $12.2 million, an increase of $14.8 million.
Company did not include forward guidance in its earnings report.
Visualization of income flow from segment revenue to net income