Enova International reported a strong fourth quarter in 2024, marked by a 25% increase in total revenue to $730 million and an 83% increase in net income to $64 million, or $2.30 per diluted share. Adjusted earnings per share rose by 43% to $2.61. The company's portfolio expanded to nearly $4 billion, driven by strength in both SMB and consumer businesses.
Total revenue increased by 25% to $730 million compared to Q4 2023.
Diluted earnings per share increased 104% to $2.30, and adjusted earnings per share increased 43% to $2.61 compared to Q4 2023.
Net revenue margin was 57%, consistent with 56% in Q4 2023.
Loans and finance receivables increased 20% year over year to $4.0 billion.
Enova believes it has significant momentum heading into 2025 and are confident in their ability to continue meeting customer needs while creating value for shareholders.
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