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Financial Snapshot

Revenue
TTM
$497.0M
Gross Margin
TTM
30.62%
Net Income
TTM
-$67.77M
Current Assets
2022 Q3
$102.3M
Current Liabilities
2022 Q3
$59.49M
Current Ratio
2022 Q3
171.94%
Total Assets
2022 Q3
Total Liabilities
2022 Q3
Book Value
2022 Q3
$169.2M
Cash
2022 Q3
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$171.3M

Stock Price

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Market Cap: $58.833 Million

About Elevate Credit, Inc.

Elevate Credit, Inc. engages in provision of online financial services for subprime credit consumers. The company is headquartered in Fort Worth, Texas and currently employs 436 full-time employees. The company went IPO on 2018-05-07. The firm uses advanced technology and risk analytics to provide financial options to its customers. Its Blueprint platform offers unsecured online installment loans, lines of credit and credit cards in the United States (US). The company is engaged two business activities: as a state-licensed lender and as a service provider to Federal Deposit Insurance Corporation (FDIC)-regulated banks. Its offers three product: Rise, Elastic, and Today Card. Its products provide access to credit and services, along with credit building and financial wellness features. Rise is an installment loan brand that operates as a state-licensed lender in approximately 12 states. Elastic is a line of credit brand that is designed to be a financial safety net and helps cover unexpected expenses through a fully online draw feature. Today Card features include higher line sizes up to $3,500, family flexibility, and credit score monitoring.

Industry: Finance Services Peers: American Express Co Katapult Holdings Inc Medallion Financial Corp Old Market Capital Corp Oportun Financial Corp

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