The company has not filed an annual or quarterly report since its Q3 FY2022 10-Q, filed Nov 9, 2022. Its latest SEC filing is a 15-12G from Mar 13, 2023.
10-Q for Q3 FY2022, filed Nov 9, 2022
The sections below describe the company as of the FY2021 annual report.
Sells online installment loans, lines of credit and credit cards to U.S. consumers underserved by traditional bank products.
10-K for FY2021, filed Feb 25, 2022We currently have two main business activities: 1) as a state-licensed lender ourselves and 2) as a service provider to FDIC-regulated…View ↗
Our innovative online credit solutions provide immediate relief to customers today and can help them build a brighter financial future. Our…View ↗
We provide online credit solutions to consumers in the US who are not well-served by traditional bank products and who are looking for…View ↗
Borrowers pay finance charges and fees on loans, credit lines and cards; interest builds based on outstanding balances, while certain fees are spread over the loan or card membership term. Banks also pay marketing and licensing fees for services when performed.
10-K for FY2021, filed Feb 25, 2022
$416.6M
10-K for FY2021, filed Feb 26, 2022
$416.6M ↗
Consumers underserved by traditional bank products apply online or by mobile device; bank partners originate some products using Elevate's brands and technology.
10-K for FY2021, filed Feb 25, 2022Our innovative online credit solutions provide immediate relief to customers today and can help them build a brighter financial future. Our…View ↗
We provide online credit solutions to consumers in the US who are not well-served by traditional bank products and who are looking for…View ↗
Our current installment loan brand, Rise, is the largest brand on the platform and operates as both a state-licensed lender in 12 states…View ↗
Similar to our agreements with the banks that license the use of Rise installment loans, under the terms of our Elastic agreements with the…View ↗
Today Card is a credit card product designed to meet the spending needs of non-prime consumers by offering a prime customer experience.…View ↗
Not on paper. It lost $33.6M in FY2021, but brought in more cash than it spent: $138.9M of free cash flow.
10-K for FY2021, filed Feb 26, 2022
$19.3MView ↗
10-K for FY2021, filed Feb 26, 2022
−$33.6MView ↗
10-K for FY2021, filed Feb 26, 2022
$138.9MView ↗
10-Q for Q3 FY2022, filed Nov 10, 2022
−$15MView ↗
8-K, filed Feb 28, 2023
FORT WORTH, Texas– Elevate Credit, Inc. (“Elevate” or the “Company”), a leading tech-enabled provider of innovative and responsible online…View ↗
8-K, filed May 4, 2022
On May 3, 2022, the Board of Directors appointed Steven A. Trussell, age 50, as the Company's new Chief Financial Officer, effective May…View ↗
Shrank. Revenue fell 38% in 4 years, from $673.1M in FY2017 to $416.6M in FY2021, about 11% a year.
Exit from the UK
The older report lists Sunny installment loans in the United Kingdom; the latest report says Elevate exited that market and stopped offering Sunny.
10-K for FY2018, filed Mar 8, 2019 10-K for FY2021, filed Feb 25, 2022We provide online credit solutions to consumers in the United States (the "US") and the United Kingdom (the "UK") who are not well-served…View ↗
Unless expressly indicated or the context requires otherwise, the terms “Elevate,” “company,” “we,” “us” and “our” used below refer to…View ↗
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