It isn’t “I need $5 Million by Friday” but it’s close...

It is time... For reasons that will be clear tomorrow, we are going into the archives for the first 2021 edition of Value That Company!
— Matt Willes (@SkolCapital) January 12, 2021
Today: Consumer Finance
TTM: 217 M Rev; 12.7 M EBITDA
Prior year: 97 M Rev; -4.4 M EBITDA
2 yr ago: 23 M Rev; -2.9 M EBITDA
More details: https://t.co/rn8lbARa4V
Ok, stealing my thunder from tomorrow, BUT:
— Matt Willes (@SkolCapital) January 12, 2021
5% of customers never make even 1 payment: 100% loss rate
24% default before maturity: 15% loss rate
32% payoff < 90 days: 7% avg ROI
11% payoff > 90 days: 91% ROI
28% go full term: 121% ROI
Sounds similar to your former portco Acima.
— Irish Capital (@IrishCapMGMT) January 12, 2021
For others, Acima just agreed to sell to Rent-a-Center for $1.65bn or ~1.3x revenue per the article. https://t.co/Ihm3TeURsQ