Asta Funding is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. 

Type
Public
HQ
Englewood Cliffs, US
Founded
1994
Size (employees)
188 (est)
Asta Funding was founded in 1994 and is headquartered in Englewood Cliffs, US
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Key People/Management at Asta Funding

Gary Stern

Gary Stern

Chairman, Founding President & CEO

Asta Funding Office Locations

Asta Funding has offices in Brooklyn, New York and Englewood Cliffs
Englewood Cliffs, US (HQ)
210 Sylvan Ave
Brooklyn, US
6201 15th Ave
New York, US
750 3rd Ave
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Asta Funding Financials and Metrics

Asta Funding Revenue

Asta Funding's revenue was reported to be $57.13 m in FY, 2016 which is a 34.4% increase from the previous period.
USD

Revenue (Q3, 2017)

14.8 m

Net income (Q3, 2017)

2.6 m

Market capitalization (10-Jul-2018)

22.5 m

Closing share price (10-Jul-2018)

3.4

Cash (30-Jun-2017)

16.6 m

EV

15.6 m
Asta Funding's current market capitalization is $22.5 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

42.4 m60.1 m42.5 m57.1 m

Revenue growth, %

42%(29%)34%

Interest expense

1.3 m2.4 m3.2 m

Pre tax profit

11 m4.9 m13.5 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

10.2 m10.2 m9.8 m10.5 m10.2 m10 m11.8 m10.6 m18.8 m10.5 m8.3 m14.8 m

General and administrative expense

5.8 m7.7 m7 m9.6 m8.1 m9.2 m8.2 m13.2 m10.6 m10.9 m16 m9.3 m

Operating expense total

5.8 m8.1 m27.3 m10 m8.7 m9.8 m9 m14.1 m10.6 m10.9 m16 m9.3 m

Interest expense

9 k398 k413 k489 k589 k632 k728 k788 k832 k976 k982 k1.1 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

35.2 m28.7 m24.3 m18.5 m

Goodwill

2.8 m2.8 m2.8 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

36.1 m28.3 m26 m28.1 m26.1 m27.6 m22.5 m19.9 m17.1 m16 m10.5 m16.6 m

Goodwill

2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m2.8 m

Total Assets

231.1 m234.1 m213.8 m223.3 m229.3 m233.7 m236 m238.8 m245.8 m258.9 m211.4 m216.2 m

Long-term debt

9.6 m9.6 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.1 m6.4 m2.7 m10.6 m

Depreciation and Amortization

440 k363 k366 k497 k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

2.8 m1.5 m5.5 m321 k1.1 m253 k2.3 m587 k5.3 m(636 k)(7.2 m)(4.7 m)

Depreciation and Amortization

246 k442 k136 k191 k267 k

Cash From Operating Activities

(2.4 m)2.3 m(6.2 m)(7.7 m)

Cash From Investing Activities

(678 k)(9.2 m)(224 k)47.9 m75.9 m
USDY, 2017

Financial Leverage

1.8 x
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Asta Funding Operating Metrics

FY, 2014FY, 2015FY, 2016

Cumulative Aggregate Purchases, at face value

$32.44 b$32.47 b$32.63 b

Portfolio Purchases, at cost

$5.10 m$2.10 m$8.20 m

Portfolio Purchases, at face value

$478.90 m$28 m$162.90 m
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Asta Funding Revenue Breakdown

Embed Graph

Asta Funding revenue breakdown by business segment: 33.5% from Consumer Receivables, 7.0% from Disability Advocates, 24.2% from Structured Settlements and 35.4% from Personal Injury Claims

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Asta Funding Company Life and Culture

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