EZCORP, Inc. (EZPW) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

follow at that time. As a reminder, this call may be recorded. I'd now like to turn the conference over to Sean Mansouri, the company's investor relations advisor with Elevated IR. Please go ahead, Sean. Thank you, and good morning, everyone. During our prepared remarks, we will refer to slides which are available for viewing or download from our website at investors.easycorp.com. Before we begin, I'd like to remind everyone that this conference call, as well as the presentation slides, contain certain forward-looking statements regarding the company's expected operating and financial performance for future periods. These statements are based on the company's current expectations. Actual results for future periods may differ materially from those expressed due to a number of risk or other factors, that are discussed in our annual, quarterly, and other reports filed with the Securities and Exchange Commission. And as noted in our presentation materials, and unless otherwise identified, results are presented on an adjusted basis to remove the effect of foreign currency fluctuations and other discrete items. Joining us on the call today are EZ Corp's Chief Executive Officer, Lockie Given, and Tim Jugman's Chief Financial Officer. Now I'll turn the call over to Lockie. Thanks, Sean, and good morning, everyone. We delivered another impressive set of operational and financial results in the second quarter, driven by sustained demand for fast and accessible cash solutions and affordable, high-quality second-hand goods. We achieved record Q2 revenue of $318.9 million, marking a 12% year-on-year increase, while PLO also grew 15%, to a Q2 record of $271.8 million. Our strong bottom line performance included a 23% increase in EBITDA to $45.1 million and diluted EPS growth of 21...