Dafinchi AI

PROG Holdings, Inc.

PRG

Financial Services

3w

Financial Performance Summary

Adjusted EBITDA was $73.5 million, exceeding the high end of outlook, with Progressive Leasing adjusted EBITDA at $69.7 million or 12.2% of revenue.
Four Technologies delivered over 200% revenue growth and 167% GMV growth year-over-year, achieving profitability in Q1 and Q2 2025.
Gross margin for Progressive Leasing was 32.4%, down 15 basis points year-over-year, impacted by increased 90-day purchase option utilization and Big Lots loss.
Non-GAAP EPS was $1.02, significantly exceeding the outlook range of $0.75 to $0.85 per share.
PROG Holdings delivered revenue and earnings above the high end of guidance in Q2 2025, with consolidated revenue of $604.7 million, representing low single-digit growth year-over-year.
Progressive Leasing segment GMV was $413.9 million, down 8.9% year-over-year due to Big Lots bankruptcy and tightening actions, but up approximately 1% excluding Big Lots impact.
SG&A expenses increased to $78.9 million or 13.8% of revenue, reflecting investments in technology and sales enablement.
Write-offs came in at 7.5%, 20 basis points better than last year, within the targeted annual range of 6% to 8%.

World Acceptance Corporation

WRLD

Financial Services

3w

Financial Performance Summary

Customer base increased by 4% compared to last year's first quarter, the first positive growth in 3 years.
Dollars lent in new originations increased 12.8% year-over-year, in line with fiscal years 2019 and 2020.
First quarter is historically the lowest for earnings, making up an average of 5.6% of annual net income over the past 3 years.
Gross yields increased over 230 basis points year-over-year.
Ledger started the year down 4% year-over-year (~$50 million) and ended the quarter down about 80 basis points (~$10 million).
Net income since January 1, 2025, is around $45 million.
Refinance volume increased 10% year-over-year, and new originations increased 12.6%, the highest first quarter volume since fiscal 2020.
Stable first pay default rates and improving delinquency despite substantial growth.
The company completed a new credit agreement increasing commitments to $640 million, allowing stock repurchases up to 100% of net income, up from 50%.
The company is redeeming remaining bonds issued in 2021, with $170 million outstanding to be redeemed by end of August.

STNE

Financial Services

1w

Financial Performance Summary

Adjusted basic EPS increased 45% year-over-year to BRL 2.33, supported by share repurchases of nearly 42 million shares over the last 12 months.
Credit portfolio grew 25% sequentially to BRL 1.8 billion, with working capital disbursements up 41% quarter-over-quarter.
Effective tax rate decreased to 15% from 22.5% in Q2 2024, benefiting from Lei do Bem incentives.
Financial Services segment ROE reached 30%, and consolidated ROE was 22%, both up 3 percentage points sequentially.
Provisions for expected credit losses increased significantly to BRL 82 million due to portfolio growth and a more conservative macro outlook.
Revenues from continuing operations grew 20% year-over-year to BRL 3.5 billion, driven by repricing initiatives and efficient funding strategies.
StoneCo reported a 27% year-over-year increase in adjusted net income, reaching BRL 631 million in Q2 2025.

Voya Financial, Inc.

VOYA

Financial Services

1w

Financial Performance Summary

Employee Benefits segment earnings rose 15% to $69 million, driven by improved loss ratios and favorable claims experience.
Investment Management net inflows were about $2 billion in Q2, contributing to nearly $10 billion year-to-date.
Investment Management segment posted $51 million in adjusted operating earnings for Q2 and $214 million over the last 12 months, increases of 2% and 15% respectively.
Retirement segment generated $235 million in adjusted operating earnings for the quarter, up 10% year-over-year, with over $860 million in the last 12 months, up 19%.
Total defined contribution net inflows were approximately $12 billion in Q2, with year-to-date net flows exceeding $40 billion.
Voya Financial reported adjusted operating earnings per share of $2.46 in Q2 2025, a 13% increase year-over-year.
Voya generated approximately $200 million of excess capital in Q2 and $400 million year-to-date, strengthening the balance sheet.

EFX

Financial Services

3w

Financial Performance Summary

Adjusted EBITDA margins were 32.5% company-wide, with Workforce Solutions margins at 53.3%, USIS at 35%, and International at 26.4%.
Adjusted EPS was $2.00, $0.10 above the midpoint of April guidance, driven by operating leverage and cost management.
AWS revenue grew 8%, led by verifier government and consumer lending, with mortgage up 9%.
Equifax Inc. reported Q2 2025 revenue of $1.54 billion, up 8% in constant currency and 7% reported, the highest quarterly revenue in company history.
Free cash flow was $239 million in Q2, up over $100 million from prior year, with expected 2025 free cash flow over $900 million and cash conversion over 95%.
International revenue grew 6% in constant currency, slightly below expectations due to economic weakness in Canada.
Share repurchases totaled $127 million in Q2 under a new $3 billion program, with dividends paid of $62 million.
USIS revenue increased 9%, with mortgage revenue up 20% due to price increases and preapproval product growth.
Workforce Solutions revenue rose 8%, driven by verifier revenue growth of 10% and government revenue growth of 14%.