This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

DFC Global Corp. Announces Record Fiscal Second Quarter Results

DFC Global Corp. (NASDAQ: DLLR), a leading international diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years, today announced its results for the fiscal second quarter ended December 31, 2011.

Fiscal 2012 Second Quarter Highlights

  • Total consolidated revenue grew to a record $263.4 million for the quarter, an increase of $80.9 million, or 44.3%, compared to the three months ended December 31, 2010. On a constant currency basis, total consolidated revenue increased by $82.9 million, or 45.5%.
  • Total consumer lending revenue increased to $159.7 million for the quarter, representing an increase of $60.4 million, or 60.8%, compared to the prior year’s quarter. Revenue from internet-based loans grew to $61.9 million for the quarter compared to $13.6 million for the three months ended December 31, 2010.
  • Total revenue from pawn lending increased to $20.5 million for the three months ended December 31, 2011 compared to $7.3 million for the prior year’s quarter. Pawn lending represented 7.8% of total consolidated revenue for the three months ended December 31, 2011 compared to 4.0% for the prior year’s quarter.
  • Consolidated adjusted EBITDA was a record $74.6 million for the three months ended December 31, 2011, representing an increase of $21.7 million, or 41.0%, compared to the prior year’s quarter, while also increasing by $22.3 million, or 42.2%, on a constant currency basis during the same period.
  • Diluted operating earnings per share was a record $0.51 for the fiscal 2012 second quarter compared to $0.37 for the second quarter of the prior fiscal year, representing an increase of 37.8%.

Discussion on Presentation of Information

The average value of the U.S. Dollar strengthened in relation to the Canadian Dollar and British Pound Sterling during the quarter, as compared to the prior year period, with the average values of both the Canadian and British currencies decreasing approximately 1% relative to the U.S. Dollar. Consequently, fluctuations in currency rates had a moderate unfavorable impact on year-over-year comparisons of the Company’s consolidated financial results; and as a result, the Company is providing some country comparisons on a constant currency basis.

1 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs