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September 25, 2024

CURO Stock Group Holdings Corp. Stock Company Profile

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CURO stock Group Holdings Corp. provides consumer finance products in the United States and Canada. Unsecured installment loans, secured installment loans, open-end loans, singe-pay loans, along with ancillary financial products like check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales, and money transfer services are products that the company provides. It also delivers loans via online. Initially, the company was Speedy Group Holdings Corp., changing its name to CURO Group Holdings Corp. in May of 2016. Founded in 1997, CURO Group Holdings Corp. is located at its headquarters in Wichita, Kansas.

Information

Location: 3615 North Ridge Road  Wichita KS 67205

Contact number: 316 722 3801

Website: www.curo.com

Industry: Financial – Credit Services

Sector: Financial Services

CURO Group Holdings Corp. Fundamentals Overview

Revenues for CURO Group Holdings . fell 13.36% last year to $672.43 million.

In the last financial report for CURO Group Holdings Corp., released Sunday 31st of December 2023, the company posted a revenue of $672.43 million, down -13.36% from last year’s revenue of $776.13 million. The company spent $67.15 million on producing its products, and the gross revenue ended at $605.28 million with a exceptional profit margin of 90.01%. The production cost fell by 84.16 % in the period, while the gross profit grew by 71.86%. The result after financial and other costs ended at -$266.73 million, giving a negative profit margin of -39.67% and an loss per share (EPS) of -$6.49. Since the report was published 8 months ago, CURO Group Holdings Corp. has fallen -91.25% and currently holds a price of $0.0700

Income Statement

An income statement is a kind of financial statement that shows the total amount of business income and its cost, gain or loss during a given period of time. It used in an analysis to determine how effective a particular company is, how it operates and how it is performing relative to other companies in the same sector.

Curo group holdings

Curo Group Holdings Corp. is a diversified consumer finance company based in the United States. Here’s a quick overview:

  1. Business focus: They provide lending products to non-prime, underbanked consumers.
  2. Products: Their offerings include short-term loans, installment loans, and other credit products.
  3. Brands: Curo operates under several brand names, including Speedy Cash, Rapid Cash, and Avio Credit.
  4. Market presence: The company has operations in the United States, Canada, and the United Kingdom.
  5. Founded: The company was established in 1997.
  6. Public trading: Curo Group Holdings is publicly traded on the New York Stock Exchange under the ticker symbol “CURO”.
  7. Target market: They primarily serve customers who may have difficulty accessing traditional banking services or credit products.
  8. Technology: Curo emphasizes the use of technology in their operations, including online and mobile platforms for loan applications and management.

Curo Group Holdings has faced some regulatory scrutiny due to the nature of their business, as short-term and payday lending can be controversial. The company has worked to adapt to changing regulations in the financial services industry.

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