Elevate, together with the banks that license its marketing and technology services, has originated $8.6 billion in non-prime credit to more than 2.5 million non-prime consumers to date and has saved its customers more than $7.6 billion versus the cost of payday loans. Its responsible, tech-enabled online credit solutions provide immediate relief to customers today and help them build a brighter financial future. The company is committed to rewarding borrowers' good financial behavior with features like interest rates that can go down over time, free financial training and free credit monitoring. Elevate's suite of groundbreaking credit brands includes RISE, Elastic and Today Card.
Company profile
Ticker
ELVT
Exchange
Website
CEO
Jason Harvison
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
EC Financial, LLC • EC Marketing, LLC • EF Financial, LLC • EF Marketing, LLC • EL Swell, LLC • Elastic Financial, LLC • Elastic Louisville, LLC • Elevate Admin, LLC • Elastic Marketing, LLC • Elevate Collections, LLC ...
IRS number
464714474
ELVT stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
13 Mar 23
8-K
Entry into a Material Definitive Agreement
2 Mar 23
25-NSE
Exchange delisting
1 Mar 23
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 23
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 23
8-K
Park Cities Asset Management Completes Acquisition of Elevate
28 Feb 23
Transcripts
ELVT
Earnings call transcript
2022 Q2
13 Aug 22
ELVT
Earnings call transcript
2022 Q1
8 May 22
ELVT
Earnings call transcript
2021 Q4
16 Feb 22
ELVT
Earnings call transcript
2021 Q3
3 Nov 21
ELVT
Earnings call transcript
2021 Q2
4 Aug 21
ELVT
Earnings call transcript
2021 Q1
4 May 21
ELVT
Earnings call transcript
2020 Q4
9 Feb 21
ELVT
Earnings call transcript
2020 Q3
9 Nov 20
ELVT
Earnings call transcript
2020 Q2
8 Aug 20
ELVT
Earnings call transcript
2020 Q1
10 May 20
Latest ownership filings
Financial summary
Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 76.45 mm | 76.45 mm | 76.45 mm | 76.45 mm | 76.45 mm | 76.45 mm |
Cash burn (monthly) | 848.33 k | 707.50 k | (no burn) | 4.86 mm | (no burn) | (no burn) |
Cash used (since last report) | 15.97 mm | 13.32 mm | n/a | 91.49 mm | n/a | n/a |
Cash remaining | 60.48 mm | 63.13 mm | n/a | -15.04 mm | n/a | n/a |
Runway (months of cash) | 71.3 | 89.2 | n/a | -3.1 | n/a | n/a |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 40 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Tower Research Capital | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Feb 23 | Michael T. Pugh | Common Stock | Sale back to company | Dispose D | No | No | 1.87 | 29,070 | 54.36 k | 0 |
28 Feb 23 | Michael T. Pugh | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 47,210 | 0.00 | 0 |
28 Feb 23 | Michael T. Pugh | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 58,139 | 0.00 | 0 |
28 Feb 23 | Sanchez Rodriquez Manuel | Common Stock | Sale back to company | Dispose D | No | No | 1.87 | 29,070 | 54.36 k | 0 |
28 Feb 23 | Sanchez Rodriquez Manuel | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 47,210 | 0.00 | 0 |
28 Feb 23 | Sanchez Rodriquez Manuel | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 58,139 | 0.00 | 0 |
28 Feb 23 | Jesse K Bray | Common Stock | Sale back to company | Dispose D | No | No | 1.87 | 33,334 | 62.33 k | 0 |
28 Feb 23 | Jesse K Bray | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 47,210 | 0.00 | 0 |
28 Feb 23 | Jesse K Bray | Restricted Shares Units (RSU) Common Stock | Sale back to company | Dispose D | No | No | 0 | 66,666 | 0.00 | 0 |
28 Feb 23 | Head Tyler W. K. | Common Stock | Sale back to company | Dispose D | No | No | 1.87 | 142,721 | 266.89 k | 0 |