EZCORP, Inc. (EZPW) Q2 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Ezcorp, Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.676 and a significant runway ahead in both existing and new porn markets. 00:00:06.239 -- 00:00:11.065 Turning to slide three, for those new to the story, the porn business resonates strongly 00:00:11.065 -- 00:00:15.531 with customers because the transaction is fundamentally customer-friendly. 00:00:15.531 -- 00:00:20.437 Our loans are non-recourse, meaning customers have no obligation to repay. 00:00:20.437 -- 00:00:25.543 With our core porn product, we don't check credit, require bank accounts, or verify 00:00:25.543 -- 00:00:30.068 employment, and we don't pursue collections or report to credit bureaus. 00:00:30.068 -- 00:00:36.077 These are small, short-term transactions, typically $200 to $220 in the US, and 00:00:36.077 -- 00:00:41.084 $70 to $140 in Latin America, with terms ranging from 30 to 90 00:00:41.084 -- 00:00:42.646 days. 00:00:42.646 -- 00:00:47.553 That core value proposition, together with offering great value for secondhand goods 00:00:47.553 -- 00:00:52.340 in an environmentally responsible way, where it's fun to come and shop in a pawn store, 00:00:52.340 -- 00:00:56.987 have been critical in driving consistent, outstanding operating and financial results 00:00:56.987 -- 00:00:58.729 for our shareholders. 00:00:58.729 -- 00:01:02.915 With that, I'll turn it over to Tim to walk through the financial details. 00:01:02.915 -- 00:01:04.915 Tim? 00:01:05.078 -- 00:01:10.203 Thanks, Lachie. Turning to slide five for the consolidated financial highlights. 00:01:10.203 -- 00:01:13.146 We delivered an exceptional quarter of earnings performance. 00:01:13.146 -- 00:01:16.888 Adjusted EBITDA rose 76% to $76.9 00:01:17.731 -- 00:01:23.237 million, with margin expanding 340 basis points to 18%. 00:01:23.237 -- 00:01:27.018 Di...