COVID-19 Update

Selected Financial Information (5-year summary)

(in $000s except per share amounts, employee counts, percentages and ratios) 2020 2019 2018 2017 2016
         
Income Statement        
Revenue 652,922 609,383 506,191 401,728 347,505
Operating income 216,436 168,793 119,717 87,393 62,516
Net income 136,505 64,349 53,124 36,132 31,049
Diluted earnings per share 8.76 4.17 3.56 2.56 2.23
Balance sheet        
Cash 93,053 46,341 100,188 109,370 24,928
Gross consumer loans receivable 1,246,840 1,110,633 833,779 526,546 370,517
Lease assets 49,384 48,696 51,618 54,318 55,288
Total assets 1,501,916 1,318,622 1,055,676 749,615 503,062
External debt 887,749 854,768 691,062 449,178 263,294
Shareholders’ equity 443,512 332,421 301,529 228,244 196,031
Financial metrics        
Revenue growth 7.1% 20.4% 26.0% 16.60% 14.20%
Adjusted operating margin1 33.1% 27.7% 23.70% 21.80% 19.00%
Adjusted net income1 117,646 80,315 53,124 42,158 33,155
Adjusted diluted earnings per share1 7.57 5.17 3.56 2.97 2.38
Adjusted return on equity1 31.1% 25.3% 21.80% 19.80% 17.90%
Net debt to net capitalization 0.64 0.71 0.66 0.60 0.55
Annual dividend per share 1.80 1.24 0.90 0.72 0.50
Operating metrics        
Same store revenue growth 6.3% 19.5% 25.70% 18.30% 12.10%
Gross loan originations 1,033,130 1,095,375 922,550 579,494 398,739
Growth in gross consumer loans receivable 136,207 276,854 307,233 156,029 81,091
Net charge-offs as a percentage of average gross consumer loans receivable 10.0% 13.3% 12.7% 13.6% 15.4%
Cash provided by operating activities before net growth in gross consumer loans receivable 210,619 120,985 95,689 66,636 58,061
Operations        
Total Store Count          
easyfinancial 266 256 241 228 208
easyhome 161 163 165 171 176
easyfinancial branch openings 12 15 23 22 17
Employees 2,024 2,024 1,821 1,729 1,587
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.