Atlanticus Holdings Corporation · NASDAQ:ATLC
Atlanticus — Q2 2026 Earnings Presentation
24 slides from Atlanticus's earnings presentation, August 2026
Slide 1: Investor Presentation
Investor Presentation August 2026 NASDAQ: ATLC
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements that are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements, among other things, concerning the benefits of the acquisiti
Slide 3: Table of Contents
Table of Contents 04 Who We Are 13 Empowering Better Financial Outcomes 15 Innovation and Operating Leverage 17 Q2 Results 24 Closing Statements 3
Slide 4: Our Solution
Our Solution Financial technology enabling bank, brand and healthcare partners to offer more inclusive financial services Technology Analytics Growth • 100% automated decisioning • Over 40 active models in • $3T+ market opportunity(1) • 100% cloud-based production • 31% revenue growth(2) infrastruct
Slide 5: Credit-as-a-Service Platform
Credit-as-a-Service Platform Enabling our Bank, Brand and Healthcare partners to offer more inclusive financial services NASDAQ: ATLC >23 $7.0 30 $20+ $53 Million Billion Years Billion Billion New consumers Peak receivables of Data aggregation Capital raised Receivables acquired General Purpose Cred
Slide 6: Purpose Driven Solutions
Purpose Driven Solutions Empowering Better Financial Outcomes for Everyday Americans General Purpose Credit Card Solutions Credit Range Partnered with 740 – New to credit Average credit score 641 Point of Sale Solutions Credit Range Partnered with 850 – 550 Average credit score 657 Acute Healthcare
Slide 7: Market Leading Innovation
Market Leading Innovation Other FinTechs Neobanks, Digital or AI Lending Platforms 100% Automated Decisioning AI/ML Derived Analytics Mobile First UX Rapid Customer Growth Multiple Asset Class Capability 30 Years of Data Aggregation 100% Cloud-based Infrastructure Omnichannel Origination Capability
Slide 8: Empowering Better Financial Outcomes for Everyday Americans
Empowering Better Financial Outcomes for MORE Everyday Americans Family of Brands Company Information Marketing Partners • $6.9BN in Managed receivables(1) General Purpose • 6.3MM in Accounts Served(2) • Over 570 Team Members • Offices in Atlanta, Austin, Wilmington and of -Sale Point- Orlando Healt
Slide 9: $3 Trillion+ Market Opportunity
$3 Trillion+ Market Opportunity 48% of US consumers, ~120M+ people, have sub-720 FICO scores(1) General Purpose Credit Card Private Label Credit Healthcare Finance US Market: Private Label Second Look US Market: US Market: $3T+ in annual spend(2) ~$70B+ in annual spend(3) $550B+ in out-of-pocket hea
Slide 10: Tenured Management Team with Deep Industry Experience
Tenured Management Team with Deep Industry Experience 18 Years Average Tenure at 30 Years Average Industry 71 %(1) Insider Ownership Shareholder Atlanticus Experience Alignment 1) On a fully diluted basis 10
Slide 11: Attractive Investment Opportunity
Market Leading Compelling Unit-Level Technology Platform Economics Attractive Investment Opportunity Technology, Analytics, and People that empower Proven/Informed Experienced better financial outcomes for Everyday Analytics Management Team Americans through: Demonstrated Ability Fair Consumer to Sc
Slide 12: Atlanticus Financial Empowerment Platform
Atlanticus Financial Empowerment Platform Mobile-First Spending Free Credit Score Experience Summary Lock/Unlock Cashback Bill Pay Card Controls Financial Literacy Credit Management Fraud Alerts Graduation Budget Planning Program Saving & Mobile Wallet Investments 12
Slide 13: Everyday Americans Face Financial Uncertainty
Everyday Americans Face Financial Uncertainty 48% 58% 53% 34% 24M (~120M consumers) have Have the same or less in Don’t have $1,000 for Live paycheck American households are unbanked credit scores less than 720(1) savings as the previous emergency expenses(3) to paycheck(4) or underbanked(5) year(2)
Slide 14: Cardholder Reviews
Cardholder Reviews “Needed a card to fund an emergency vehicle repair and instead of getting multiple cards to fund the repair I was able to get it here all at once! Easy to use app, over limit insurance, the works! Even with a mid to high 600 credit score!” 4.6 out of 5-star Gandalf J., Aspire Cust
Slide 15: Innovative Technology
Innovative Technology Scalable, reliable, and efficient Mobile First 100% Cloud-Based • Adaptive design to accommodate Infrastructure consumer needs and partner strategies • System of record • Decisioning • Database Partner Integration Digital Innovation • Frictionless bank and POS integration • 80%
Slide 16: Response Model Segmentation
Looking Beyond The Credit Score Proprietary analytics segment risk and marketing response to put optimized offers in front of customers to achieve targeted returns Indicative Delinquency Rates Custom Risk Score Decile FICO 1 2 3 4 5 6 7 8 9 10 Total 691 - 700 4.0% 5.1% 6.0% 7.3% 6.9% 7.7% 8.6% 8.7%
Slide 17: Quarterly Highlights
Quarterly Highlights (1) 89.0% Increase in Total operating revenue and other income to $744.3 million $2.50 Diluted earnings per share 126.2% 790,000+ Increase in managed receivables(2) New accounts served to $6.9 billion during the quarter 1) Percentages referenced against same period YoY and refle
Slide 18: Performance Summary
Performance Summary Total Revenue Accounts Served(1) CAGR: 31% CAGR: 27% $800,000 7,000,000 $700,000 6,000,000 $600,000 5,000,000 $500,000 4,000,000 $400,000 3,000,000 $300,000 $200,000 2,000,000 $100,000 1,000,000 $0 0 Q3-21 Q3-23 Q3-21 Q1-20 Q3-20 Q4-20 Q1-21 Q4-21 Q1-22 Q3-22 Q1-23 Q4-23 Q3-24 Q1
Slide 19: Diversified Product Approach
Diversified Product Approach 6.3M Accounts Served 13.4M LTD Accounts Served(1) General Purpose Credit Card General Purpose Credit Card 9.3M 4.6M Private Label Credit Private Label Credit 4.1M 1.7M $3.06B Purchases YTD 2026 $6.9B Total Managed Receivables(2) General Purpose Credit Card General Purpos
Slide 20: Q2 Financial Highlights
Q2 Financial Highlights For the Three Months Ended June 30, 2026 2025 Total operating revenue and other income $ 744,314 $ 393,820 Other non-operating income 9 343 Interest expense (123,431) (53,684) Provision for credit losses (1,038) (1,382) Changes in fair value of loans (396,280) (216,777) Net m
Slide 21: Condensed Consolidated Statements of Income
Condensed Consolidated Statements of Income For the Three Months Ended For the Six Months Ended June 30, June 30, 2026 2025 2026 2025 Revenue and other income: Consumer loans, including past due fees $ 545,086 $ 276,350 $ 1,074,531 $ 524,005 Fees and related income on earning assets 150,878 94,285 2
Slide 22: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets June 30, December 31, 2026 2025 Assets Unrestricted cash and cash equivalents $ 555,215 $ 621,093 Restricted cash and cash equivalents 89,965 146,314 Loans at fair value 6,658,748 6,647,882 Loans at amortized cost, net 77,731 82,884 Property at cost, net of depr
Slide 23: Non-GAAP Financial Measures
Non-GAAP Financial Measures At or for the Three Months Ended 2026 2025 2024 (in Millions) Jun. 30 Mar. 31 Dec. 31 Sep. 30 Jun. 30 Mar. 31 Dec. 31 Loans at fair value $6,659 $6,452 $6,648 $6,350 $3,005 $2,669 $2,630 Fair value mark against receivable (1) $233 $273 $306 $250 $42 $38 $95 Total managed
Slide 24: Market, Industry and Other Data
Market, Industry and Other Data This presentation contains statistical data and estimates, including those relating to market size and competitive position of the markets in which we participate, that we obtained from our own internal estimates and research, as well as from industry and general publ