Enova International, Inc. - Understand $enva stock

$ENVA Market Cap: $2.78 Billion

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Financial Snapshot

Revenue

$1.989B

TTM

Gross Margin

72.31%

TTM

Net Earnings

$180.5M

TTM

Current Assets

$4.524B

Q3 2024

Current Liabilities

$259.5M

Q3 2024

Current Ratio

1743.13%

Q3 2024

Total Assets

$4.976B

Q3 2024

Total Liabilities

$3.797B

Q3 2024

Book Value

$1.179B

Q3 2024

Cash

$67.50M

Q3 2024

P/E

15.40

Nov 29, 2024 EST

Free Cash Flow

$1.377B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$1.230B	$1.736B	$1.208B	$1.084B	$1.175B	$972.6M	$728.9M	$745.6M	$652.6M	$809.8M	$765.3M	$660.9M
YoY Change	-29.16%	43.72%	11.46%	-7.75%	20.78%	33.44%	-2.24%	14.25%	-19.42%	5.82%	15.8%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$1.230B	$1.736B	$1.208B	$1.084B	$1.175B	$972.6M	$728.9M	$745.6M	$652.6M	$809.8M	$765.3M	$660.9M
Cost Of Revenue			$0.00	$0.00	$602.9M	$503.4M	$353.5M	$328.0M	$216.9M	$266.8M	$315.1M	$288.5M
Gross Profit	$1.230B	$1.118B	$1.024B	$684.2M	$571.9M	$469.2M	$375.4M	$417.6M	$435.7M	$543.1M	$450.3M	$372.5M
Gross Profit Margin	100.0%	64.37%	84.79%	63.13%	48.68%	48.24%	51.5%	56.01%	66.77%	67.06%	58.83%	56.35%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$769.6M	$523.0M	$428.1M	$210.4M	$224.3M	$201.1M	$176.3M	$195.4M	$219.0M	$235.7M	$219.8M	$181.5M
YoY Change	47.15%	22.17%	103.5%	-6.22%	11.55%	14.06%	-9.75%	-10.78%	-7.12%	7.27%	21.08%
% of Gross Profit	62.58%	46.8%	41.8%	30.75%	39.23%	42.86%	46.96%	46.78%	50.25%	43.41%	48.81%	48.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$38.16M	$28.80M	$28.50M	$18.00M	$14.00M	$13.10M	$12.20M	$14.40M	$17.90M	$18.70M	$17.00M	$13.00M
YoY Change	32.49%	1.05%	58.33%	28.57%	6.87%	7.38%	-15.28%	-19.55%	-4.28%	10.0%	30.77%
% of Gross Profit	3.1%	2.58%	2.78%	2.63%	2.45%	2.79%	3.25%	3.45%	4.11%	3.44%	3.78%	3.49%
Operating Expenses	$807.8M	$733.6M	$611.2M	$326.4M	$323.7M	$293.7M	$259.2M	$296.1M	$311.4M	$328.0M	$307.7M	$181.5M
YoY Change	10.12%	20.02%	87.26%	0.85%	10.21%	13.29%	-12.46%	-4.89%	-5.09%	6.62%	69.52%
Operating Profit	$422.1M	$384.0M	$413.1M	$357.8M	$248.2M	$175.5M	$134.4M	$121.5M	$124.4M	$215.0M	$142.6M	$114.2M
YoY Change	9.93%	-7.04%	15.45%	44.15%	41.39%	30.6%	10.65%	-2.34%	-42.15%	50.78%	24.89%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$194.6M	$115.9M	$76.51M	$86.69M	$75.60M	$79.36M	-$73.60M	-$64.00M	-$53.90M	$38.47M	$19.79M	$21.00M
YoY Change	-267.93%	51.47%	-11.75%	14.66%	-4.74%	-207.83%	15.0%	18.74%	-240.09%	94.43%	-5.75%
% of Operating Profit	-46.1%	30.18%	18.52%	24.23%	30.46%	45.21%	-54.76%	-52.68%	-43.33%	17.89%	13.88%	18.39%
Other Income/Expense, Net	-$282.0K	-$1.321M	-$1.970M	-$827.0K	-$2.321M
YoY Change	-78.65%	-32.94%	138.21%	-64.37%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$227.2M	$272.6M	$337.2M	$435.4M	$170.1M	$68.87M	$19.67M	$57.44M	$70.52M	$176.5M	$121.6M	$92.84M
YoY Change	-16.63%	-19.15%	-22.57%	156.03%	146.93%	250.12%	-65.75%	-18.55%	-60.05%	45.11%	31.01%
Income Tax	$52.13M	$65.15M	$80.09M	$57.19M	$42.05M	$5.301M	$2.057M	$22.83M	$26.53M	$64.83M	$43.59M	$33.97M
% Of Pretax Income	22.94%	23.9%	23.75%	13.13%	24.73%	7.7%	10.46%	39.76%	37.62%	36.73%	35.84%	36.59%
Net Earnings	$175.1M	$207.4M	$256.3M	$377.8M	$36.61M	$70.10M	$29.24M	$34.60M	$43.99M	$111.7M	$78.04M	$58.87M
YoY Change	-15.57%	-19.07%	-32.17%	932.02%	-47.77%	139.73%	-15.5%	-21.34%	-60.61%	43.1%	32.56%
Net Earnings / Revenue	14.24%	11.95%	21.22%	34.87%	3.12%	7.21%	4.01%	4.64%	6.74%	13.79%	10.2%	8.91%
Basic Earnings Per Share	$5.71	$6.42	$7.05	$11.85	$1.09	$2.06	$0.87	$1.04	$1.33	$3.38	$2.36	$1.78
Diluted Earnings Per Share	$5.49	$6.19	$6.79	$11.70	$1.06	$1.99	$0.86	$1.03	$1.33	$3.38	$2.36	$1.78

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$54.36M	$100.2M	$165.5M	$297.3M	$35.90M	$52.90M	$68.70M	$39.90M	$42.10M	$75.10M	$47.50M
YoY Change	-45.73%	-39.47%	-44.34%	728.13%	-32.14%	-23.0%	72.18%	-5.23%	-43.94%	58.11%
Cash & Equivalents	$54.36M	$100.2M	$165.5M	$297.3M	$35.90M	$52.90M	$68.70M	$39.90M	$42.10M	$75.10M	$47.50M
Short-Term Investments
Other Short-Term Assets	$395.1M	$144.5M	$112.7M	$112.2M	$76.70M	$54.30M	$53.30M	$45.80M	$27.40M	$42.00M	$39.60M
YoY Change	173.4%	28.24%	0.43%	46.28%	41.25%	1.88%	16.38%	67.15%	-34.76%	6.06%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$4.123B	$3.307B	$2.294B	$1.651B	$1.208B	$996.1M	$830.8M	$647.3M	$509.6M	$440.8M	$390.5M
YoY Change	24.67%	44.16%	38.94%	36.66%	21.28%	19.9%	28.35%	27.02%	15.61%	12.88%
Property, Plant & Equipment	$123.0M	$112.6M	$101.5M	$119.5M	$74.10M	$49.60M	$48.50M	$47.10M	$48.10M	$34.00M	$39.40M
YoY Change	9.22%	10.91%	-15.06%	61.27%	49.4%	2.27%	2.97%	-2.08%	41.47%	-13.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$16.10M	$23.80M	$21.10M
YoY Change	-32.35%	12.8%
Other Assets	$41.58M	$30.91M	$30.21M	$43.50M	$22.90M	$12.30M	$8.800M	$11.10M	$9.300M	$29.50M	$6.300M
YoY Change	34.52%	2.33%	-30.55%	89.96%	86.18%	39.77%	-20.72%	19.35%	-68.47%	368.25%
Total Long-Term Assets	$462.8M	$474.0M	$467.5M	$457.1M	$366.3M	$332.1M	$328.7M	$330.6M	$330.9M	$319.4M	$301.7M
YoY Change	-2.35%	1.37%	2.28%	24.79%	10.3%	1.03%	-0.57%	-0.09%	3.6%	5.87%
Total Assets	$4.586B	$3.781B	$2.761B	$2.108B	$1.574B	$1.328B	$1.160B	$977.9M	$840.5M	$760.2M	$692.2M
YoY Change
Accounts Payable	$261.2M	$30.78M	$37.18M	$26.70M	$23.80M	$32.60M	$25.60M	$25.40M	$25.70M	$57.30M	$49.60M
YoY Change	748.52%	-17.21%	39.24%	12.18%	-26.99%	27.34%	0.79%	-1.17%	-55.15%	15.52%
Accrued Expenses	$217.8M	$167.5M	$118.9M	$97.40M	$98.30M	$56.70M	$48.50M	$43.30M	$43.50M
YoY Change	30.01%	40.88%	22.1%	-0.92%	73.37%	16.91%	12.01%	-0.46%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.000M	$3.000M	$3.000M	$0.00	$0.00
YoY Change						-100.0%	0.0%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$261.2M	$198.3M	$156.1M	$126.7M	$122.2M	$89.30M	$77.10M	$72.00M	$72.10M	$64.10M	$49.60M
YoY Change	31.68%	27.05%	23.21%	3.68%	36.84%	15.82%	7.08%	-0.14%	12.48%	29.23%
Long-Term Debt	$2.944B	$2.259B	$1.384B	$946.5M	$991.2M	$857.9M	$788.5M	$649.9M	$541.9M	$494.2M	$424.1M
YoY Change	30.33%	63.15%	46.27%	-4.51%	15.54%	8.8%	21.33%	19.93%	9.65%	16.53%
Other Long-Term Liabilities	$27.04M	$33.60M	$40.99M	$68.00M	$35.70M					$0.00	$100.0K
YoY Change	-19.51%	-18.03%	-39.73%	90.48%						-100.0%
Total Long-Term Liabilities	$2.971B	$2.292B	$1.425B	$1.015B	$1.027B	$857.9M	$788.5M	$649.9M	$541.9M	$494.2M	$424.2M
YoY Change	29.6%	60.82%	40.5%	-1.21%	19.7%	8.8%	21.33%	19.93%	9.65%	16.5%
Total Liabilities	$3.345B	$2.595B	$1.668B	$1.191B	$1.198B	$980.4M	$877.8M	$736.2M	$634.6M	$606.2M	$519.1M
YoY Change	28.93%	55.52%	40.12%	-0.58%	22.16%	11.69%	19.23%	16.01%	4.68%	16.78%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	30.67M	32.29M	36.35M	31.90M	33.72M	33.99M	33.52M	33.19M	33.01M	33.00M	33.00M	33.00M
Diluted Shares Outstanding	31.92M	33.48M	37.74M	32.30M	34.40M	35.18M	34.13M	33.46M	33.03M	33.01M	33.00M	33.00M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.7797 Billion

About Enova International, Inc.

Enova International, Inc. engages in the provision of online financial services. The company is headquartered in Chicago, Illinois and currently employs 1,675 full-time employees. The company went IPO on 2014-10-30. The firm offers or arranges loans or draws on lines of credit to consumers in 37 states in the United States and Brazil. The company also offers financing to small businesses in 49 states and Washington D.C. in the United States. Its customers include small businesses which have bank accounts but use alternative financial services because of their limited access to more traditional credit from banks, credit card companies and other lenders. The Company’s products and services include consumer installment loans; small business installment loans; consumer line of credit accounts; small business line of credit accounts; CSO program, and bank programs. The company markets its financing products under the names CashNetUSA at www.cashnetusa.com, NetCredit at www.netcredit.com, OnDeck at www.ondeck.com, Headway Capital at www.headwaycapital.com and Pangea at www.pangeamoneytransfer.com.

Industry: Personal Credit Institutions Peers: PROG Holdings, Inc. BREAD FINANCIAL HOLDINGS, INC. AMERICAN EXPRESS CO ENCORE CAPITAL GROUP INC EZCORP INC GREEN DOT CORP LendingClub Corp NERDWALLET, INC. PRA GROUP INC WORLD ACCEPTANCE CORP