COVID-19 Update

Selected Financial Information (5-year summary)

(in $000s except per share amounts, employee counts, percentages and ratios) 2019 2018 2017 2016 2015
         
Income Statement        
Revenue 609,383 506,191 401,728 347,505 304,273
Operating income 168,793 119,717 87,393 62,516 48,052
Net income 64,349 53,124 36,132 31,049 23,728
Diluted earnings per share 4.17 3.56 2.56 2.23 1.69
Balance sheet        
Cash 46,341 100,188 109,370 24,928 11,389
Gross consumer loans receivable 1,110,633 833,779 526,546 370,517 289,426
Lease assets 48,696 51,618 54,318 55,288 60,753
Total assets 1,318,622 1,055,676 749,615 503,062 418,502
External debt 859,126 691,062 449,178 263,294 211,720
Shareholders’ equity 332,421 301,529 228,244 196,031 176,059
Financial metrics        
Revenue growth 20.4% 26.0% 16.60% 14.20% 17.40%
Adjusted operating margin1 27.7% 23.70% 21.80% 19.00% 15.80%
Adjusted net income1 80,315 53,124 42,158 33,155 23,728
Adjusted diluted earnings per share1 5.17 3.56 2.97 2.38 1.69
Adjusted return on equity1 25.3% 21.80% 19.80% 17.90% 14.40%
Net debt to net capitalization 0.71 0.66 0.60 0.55 0.53
Annual dividend per share 1.24 0.90 0.72 0.50 0.40
Operating metrics        
Same store revenue growth 19.5% 25.70% 18.30% 12.10% 16.30%
Gross loan originations 1,095,375 922,550 579,494 398,739 330,689
Growth in gross consumer loans receivable 276,854 307,233 156,029 81,091 97,201
Net charge-offs as a percentage of average gross consumer loans receivable 13.3% 12.7% 13.6% 15.4% 14.8%
Operations        
Total Store Count          
easyfinancial 256 241 228 208 202
easyhome 163 165 171 176 184
easyfinancial branch openings 15 23 22 17 64
Employees 2,024 1,821 1,729 1,587 1,566
1Certain financial statement amounts have been adjusted to exclude unusual and non-recurring items. Further details on such adjustments can be found in Management’s Discussion and Analysis.