PRA Group reported a mixed Q4 2023 with total portfolio purchases of $284.9 million and total cash collections of $410.3 million, while experiencing a diluted loss per share of $(0.22).
Total portfolio purchases were $284.9 million.
Total cash collections reached $410.3 million.
Estimated remaining collections (ERC) was $6.4 billion.
Cash efficiency ratio was 57.3%.
PRA Group is well-positioned to deliver meaningful profitability and shareholder value for full year 2024 with a solid platform for future growth.
Visualization of income flow from segment revenue to net income
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