Consumer Portfolio Services

Financial Services finance provider fintech risk management

Consumer Portfolio Services, Inc. is a specialty finance company. The Company's business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans. Through its automobile contract purchases, the Company provides indirect financing to the customers of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers. The Company offers approximately eight financing programs to its dealership customers and prices each program according to the relative credit risk. Its financing programs are Bravo, First Time Buyer, Mercury/Delta, Standard, Alpha, Alpha Plus, Super Alpha and Preferred.

Type

Public

Irvine, US

Founded

1991

Size (employees)

960 (est)+3%

Website

consumerportfolio.com

Consumer Portfolio Services was founded in 1991 and is headquartered in Irvine, US

Consumer Portfolio Services Office Locations

Consumer Portfolio Services has an office in Irvine

Consumer Portfolio Services Data and Metrics

Consumer Portfolio Services Financial Metrics

Consumer Portfolio Services's revenue was reported to be $422.3 m in FY, 2016 which is a 16% increase from the previous period.

Summary

USD

Consumer Portfolio Services's current market capitalization is $123.3 m.

Income Statement

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	255.8 m	300.3 m	363.7 m	422.3 m
Revenue growth, %		17%	21%	16%
Sales and marketing expense				17.8 m
General and administrative expense				24.8 m
Operating expense total				372.6 m
Interest expense				79.9 m
Interest income				409 m
Pre tax profit				49.7 m
Income tax expense				20.4 m
Net Income	21 m	29.5 m	34.7 m	29.3 m

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	22.1 m	17.9 m	19.3 m	13.9 m
Accounts Receivable	18.7 m	23.4 m	31.5 m	36.2 m
Total Assets				2.4 b
Accounts Payable	24.8 m	21.7 m	29.5 m	25 m
Total Liabilities				2.2 b
Retained Earnings	22.3 m	51.8 m	86.5 m	115.8 m
Total Equity			161.2 m	186.2 m
Financial Leverage				12.9 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	21 m	29.5 m	34.7 m	29.3 m
Depreciation and Amortization	437 k	428 k	637 k	777 k
Accounts Receivable	(8.3 m)	(4.7 m)	(8.2 m)	36.2 m
Accounts Payable	4.3 m	(7.1 m)	6.3 m	25 m
Cash From Operating Activities	99.4 m	135.8 m	187.6 m
Cash From Investing Activities	(409.6 m)	(541.2 m)	(441.3 m)
Cash From Financing Activities	319.3 m	401.1 m	255.2 m
Interest Paid	50.7 m	45.9 m	50 m
Income Taxes Paid	2.3 m	6.5 m	13.7 m