ATLC - NASDAQ

Atlanticus Holdings Corporation

ATLC·NASDAQ

$76.33

-8.2%

Financial ServicesFinancial - Credit Services

Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, educational services, and home-improvements by partnering with retailers and service providers. In addition, it offers loan servicing, such as risk management and customer service outsourcing for third parties; and engages in testing and investment activities in consumer finance technology platforms. The Auto Finance segment purchases and/or services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here, and used car business. This segment also provides floor plan financing and installment lending products. Further, the company invests in and services portfolios of credit card receivables. Atlanticus Holdings Corporation was founded in 1996 and is headquartered in Atlanta, Georgia.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.15B

EPS7.3900

P/E Ratio10.33

Earnings Date08/06/2026

Earnings Call Transcript

ATLC • 2008 • Q1

Executives

Jay Putnam – Director of Investor Relations David G. Hanna – Chairman and Chief Executive Officer J. Paul Whitehead, III – Chief Financial Officer Richard R. House, Jr. - President

Analysts

Sameer Gokhale – Keefe, Bruyette & Woods Carl G. Drake – SunTrust Robinson Humphrey John Hecht – JMP Securities

Operator

Welcome to the CompuCredit first quarter 2008 earnings conference call. (Operator Instructions) I would now like to turn the presentation over to your host for today’s call, Mr. Jay Putnam, Director of Investor Relations.

Jay Putnam

Good afternoon and thank you for joining us for CompuCredit Corporation’s First Quarter 2008 Earnings Call. Before we get started I would like to remind you that some of our comments today will be forward-looking statements. These forward-looking statements include all statements of our plans, beliefs, or expectations of future results or developments, such as the performance of our credit card receivables, including account growth, net interest margin, other income and delinquency and charge-off levels, interest performance and payment rates, acquisitions of portfolios or other assets, price expectations for our business segments, our expected levels of marketing expense, our earnings expectations, our liquidity level, and capital raising plans, the impact of proposed legislation and regulations and general economic conditions. For information regarding some of the more important factors that may cause actual results to differ materially from those reflected in the forward-looking statements that we make today you should read the Forward Looking Information Section and the Risk Factors in our Form 10-Q for the quarter ended March 31, 2008. Thanks again for your interest in CompuCredit. Please feel free to contact me if you every have any questions you would like to discuss. You may also access our website to obtain a hard copy of the press release and our financial statement to view our risk factors or to look into an archived version of this call. At this time I will now turn it over to David Hanna, Chairman and CEO, of CompuCredit for his remarks.

David G. Hanna

No, in fact we had discontinued those operations because we knew we were negotiating a sale, towards the end of the first quarter. And the assets are valued at fair value at the end of the quarter and the results from those operations have been reflected within the discontinued operations in the first quarter, so the sale is simply the culmination of that transaction off the fair value, assets held for sale section of our balance sheet. And that will be it, so no real implications for Texas beyond the first quarter.

Transcript from May 7, 2008