in 1997, the company was founded in riverside, california by three wichita, kansas childhood friends to meet the growing consumer need for short-term loans. they set out to offer a variety of convenient, easily-accessible financial and loan services in a safe, clean and professional environment. their success led to opening stores in multiple locations across the united states, and expanding to offer online loans and financial services across the nation. today, curo financial technologies corp operates under a number of brands including speedy cash, rapid cash, cash money, lenddirect, avío credit, opt+, juo loans and wagedayadvance. with over 20 years of operating experience, curo financial technologies corp provides financial freedom to the underbanked, a large and growing market. our financial technology team has created a unique, fully integrated system for end-to-end ownership of our financial and loan transactions.
Company profile
Ticker
CUROQ
Exchange
Website
CEO
Donald Gayhardt
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Curo Financial Technologies Corp. • Curo Intermediate Holdings Corp. • Ad Astra Recovery Services, Inc. • Attain, LLC • Attain Finance Canada, Inc. • Covington Credit, Inc. • Covington Credit of Alabama, Inc. • Covington Credit of Georgia, Inc. • Covington Credit of Texas, Inc. • Curo Canada Corp. ...
CUROQ stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
29 Mar 24
EFFECT
Notice of effectiveness
29 Mar 24
POS AM
Prospectus update (post-effective amendment)
25 Mar 24
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Mar 24
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Mar 24
8-K
Entry into a Material Definitive Agreement
25 Mar 24
8-K
Departure of Directors or Certain Officers
19 Mar 24
8-K
Entry into a Material Definitive Agreement
15 Mar 24
25-NSE
Exchange delisting
14 Mar 24
8-K
CURO Group Holdings Corp. Enters Forbearance Agreements and Waiver to Allow for Continued Constructive Discussions with Lenders and Stakeholders
1 Mar 24
Transcripts
CUROQ
Earnings call transcript
2023 Q3
2 Nov 23
CUROQ
Earnings call transcript
2023 Q2
3 Aug 23
CUROQ
Earnings call transcript
2023 Q1
10 May 23
CUROQ
Earnings call transcript
2022 Q4
23 Feb 23
CUROQ
Earnings call transcript
2022 Q3
4 Nov 22
CUROQ
Earnings call transcript
2022 Q2
9 Aug 22
CUROQ
Earnings call transcript
2022 Q1
3 May 22
CUROQ
Earnings call transcript
2021 Q4
9 Feb 22
CUROQ
Earnings call transcript
2021 Q3
2 Nov 21
CUROQ
Earnings call transcript
2021 Q2
31 Jul 21
Latest ownership filings
4
Daniel David Kirsche
28 Feb 24
4
ISMAIL DAWOOD
28 Feb 24
4
Douglas D Clark
28 Feb 24
4
Gary L. Fulk
28 Feb 24
4
Tamara L Schulz
28 Feb 24
SC 13G/A
Long Focus Capital Management, LLC
14 Feb 24
4
Douglas D Clark
13 Feb 24
4
Tamara L Schulz
13 Feb 24
4
Gary L. Fulk
13 Feb 24
4
Daniel David Kirsche
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 136.37 mm | 136.37 mm | 136.37 mm | 136.37 mm | 136.37 mm | 136.37 mm |
Cash burn (monthly) | 28.55 mm | (no burn) | 10.86 mm | 29.73 mm | 14.07 mm | (no burn) |
Cash used (since last report) | 194.03 mm | n/a | 73.84 mm | 202.06 mm | 95.66 mm | n/a |
Cash remaining | -57.67 mm | n/a | 62.53 mm | -65.69 mm | 40.71 mm | n/a |
Runway (months of cash) | -2.0 | n/a | 5.8 | -2.2 | 2.9 | n/a |
Institutional ownership, Q3 2023
70.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 47 |
Opened positions | 6 |
Closed positions | 18 |
Increased positions | 10 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 10.92 bn |
Total shares | 29.05 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Rippel Douglas Richard | 6.88 mm | $98.64 mm |
McKnight Michael | 5.76 mm | $0.00 |
OCO Capital GP | 3.95 mm | $0.00 |
OCO Capital Partners | 3.78 mm | $3.97 bn |
Long Focus Capital Management | 2.98 mm | $3.13 bn |
Faulkner Chadwick Heath | 2.14 mm | $0.00 |
Vanguard | 1.11 mm | $1.17 bn |
HighTower Advisors | 892.00 k | $935.00 mm |
BLK Blackrock | 356.08 k | $373.88 mm |
Millennium Management | 210.99 k | $221.54 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Feb 24 | Daniel David Kirsche | Common Stock | Payment of exercise | Dispose F | No | No | 0.2373 | 9,335 | 2.22 k | 176,662 |
26 Feb 24 | Ismail Dawood | Common Stock | Payment of exercise | Dispose F | No | No | 0.2373 | 16,103 | 3.82 k | 491,803 |
26 Feb 24 | Douglas D Clark | Common Stock | Payment of exercise | Dispose F | No | No | 0.2373 | 32,672 | 7.75 k | 801,302 |
26 Feb 24 | Gary L. Fulk | Common Stock | Payment of exercise | Dispose F | No | No | 0.2373 | 7,758 | 1.84 k | 145,637 |
26 Feb 24 | Tamara L Schulz | Common Stock | Payment of exercise | Dispose F | No | No | 0.2373 | 4,749 | 1.13 k | 85,774 |
News
CURO Group Holdings Corp. Enters Forbearance Agreements And Waiver To Allow For Continued Constructive Discussions With Lenders And Stakeholders
1 Mar 24
12 Financials Stocks Moving In Thursday's Pre-Market Session
22 Feb 24
Why Fluor Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
20 Feb 24
Why The Trade Desk Shares Are Trading Higher By Around 19%; Here Are 20 Stocks Moving Premarket
16 Feb 24
Jefferies Downgrades CURO Group Holdings to Hold, Lowers Price Target to $0.4
7 Feb 24
Press releases
CURO Group Holdings Corp. to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement; Implements Prepackaged Restructuring Plan by Commencing Voluntary Chapter 11 Reorganization
25 Mar 24
CURO Group Holdings Corp. Enters Forbearance Agreement Amendments and Waiver Amendment to Allow for Continued Constructive Discussions with Lenders and Stakeholders
15 Mar 24
CURO Group Holdings Corp. Enters Forbearance Agreements and Waiver to Allow for Continued Constructive Discussions with Lenders and Stakeholders
1 Mar 24
CURO Group Holdings Corp. Announces Expiration and Results of Consent Solicitation for its 7.500% Senior 1.5 Lien Secured Notes Due 2028
8 Feb 24
CURO Group Holdings Corp. Reports Preliminary Fourth Quarter and Full Year 2023 Financial Results
5 Feb 24