Asta Funding

Asta Funding is a diversified financial services company that assists consumers and serves investors through the strategic management of four complementary business segments: Personal Injury Claims, Structured Settlements, International Consumer Debt and Disability Advocacy.

With a strong balance sheet, a significant cash position and a substantial net worth, Asta is well positioned to expand its existing businesses and explore additional opportunities through acquisitions, and strategic partnerships.

Asta’s Core Business Principles:
Integrity first and foremost.
Services aim to better the lives of consumers.
Through a deep understanding of the marketplace, we deliver superior returns to investors.

Company Growth (employees)
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

Asta Funding Office Locations

Asta Funding has an office in Englewood Cliffs
Englewood Cliffs, US (HQ)
210 Sylvan Ave

Asta Funding Data and Metrics

Asta Funding Financial Metrics

Asta Funding's revenue was reported to be $8.3 m in Q2, 2017
USD

Revenue (Q2, 2017)

8.3 m

Net income (Q2, 2017)

(7.2 m)

Market capitalization (18-Aug-2017)

51.6 m

Cash (31-Mar-2017)

10.5 m
Asta Funding's current market capitalization is $51.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

42.4 m60.1 m42.5 m57.1 m

Revenue growth, %

42%(29%)34%

Operating expense total

49 m39.3 m

Interest expense

1.3 m2.4 m3.2 m

Pre tax profit

11 m4.9 m13.5 m

Net Income

6.4 m2.7 m10.6 m
USDQ1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017

Revenue

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

General and administrative expense

9.6 m7 m8.2 m8.1 m9.2 m10.9 m13.2 m10.6 m16 m

Operating expense total

9.6 m7 m8.2 m8.1 m9.2 m10.9 m13.2 m10.6 m16 m

Interest expense

489 k413 k728 k589 k632 k976 k788 k832 k982 k

Pre tax profit

419 k3.4 m2.1 m408 k(988 k)(3.2 m)7.6 m(9.4 m)

Net Income

321 k5.5 m2.3 m1.1 m253 k(636 k)587 k5.3 m(7.2 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

35.2 m28.7 m24.3 m18.5 m

Goodwill

2.8 m2.8 m2.8 m

Total Assets

207.8 m217.1 m237.4 m256 m

Accounts Payable

54.2 m

Total Liabilities

73.9 m

Additional Paid-in Capital

79.1 m63.1 m65 m67 m

Retained Earnings

109 m118.6 m120.6 m128.5 m

Total Equity

169.6 m181.3 m181.3 m182.1 m

Financial Leverage

1.2 x1.2 x1.3 x1.4 x
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Cash

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

Goodwill

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

Total Assets

213.8 m223.3 m229.3 m233.7 m236 m238.8 m245.8 m258.9 m211.4 m

Additional Paid-in Capital

62.6 m64 m64.4 m64.7 m65.4 m65.6 m66.6 m67 m67 m

Retained Earnings

118.3 m119 m119.9 m119.5 m122.4 m120.6 m123.8 m127.8 m120.8 m

Total Equity

180.6 m182 m183.3 m182.5 m176.1 m173.4 m176.5 m179.7 m119.2 m

Financial Leverage

1.2 x1.2 x1.3 x1.3 x1.3 x1.4 x1.4 x1.4 x1.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.1 m6.4 m2.7 m10.6 m

Depreciation and Amortization

440 k363 k366 k497 k

Cash From Operating Activities

19.1 m(2.1 m)(21.1 m)5 m

Capital Expenditures

(725 k)(13 k)(90 k)(175 k)

Cash From Investing Activities

40.1 m(1 m)(315 k)(15.2 m)

Dividends Paid

(1.3 m)(1.3 m)(1.3 m)

Cash From Financing Activities

(28.9 m)(3.3 m)17 m4.4 m

Interest Paid

1.8 m1 m2.4 m3.3 m

Income Taxes Paid

3.1 m13.1 m307 k

Free Cash Flow

19.8 m(2.1 m)(21 m)4.9 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Net Income

5.5 m321 k1.1 m253 k2.3 m587 k5.3 m(636 k)(7.2 m)

Depreciation and Amortization

246 k442 k136 k191 k

Cash From Operating Activities

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

Capital Expenditures

(69 k)(123 k)(6 k)(15 k)

Cash From Investing Activities

(678 k)(9.2 m)(224 k)47.9 m

Cash From Financing Activities

(1.3 m)(385 k)4 m(48.3 m)

Interest Paid

1.5 m1.9 m

Income Taxes Paid

6.2 m

Free Cash Flow

(2.5 m)2.2 m(6.2 m)(7.7 m)
Y, 2017

Financial Leverage

1.8 x

Asta Funding Operating Metrics

FY, 2014FY, 2015FY, 2016

Portfolio Purchases, at cost

$5.1 m$2.1 m$8.2 m

Portfolio Purchases, at face value

$478.9 m$28 m$162.9 m

Cumulative Aggregate Purchases, at face value

$32.44 b$32.47 b$32.63 b

    Asta Funding Market Value History

    Asta Funding Revenue Breakdown

    Traffic Overview of Asta Funding

    Asta Funding Company Life and Culture

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