Jefferson Capital, Inc. / DE JCAP
The accompanying combined and consolidated financial statements include the combined and consolidated results of operations of Jefferson Capital, Inc., and its subsidiaries (the "Company"). Jefferson Capital, Inc. is a Delaware corporation headquartered in Minneapolis, Minnesota.
The Company and its subsidiaries in the U.S., Canada, the U.K and Latin America, provide debt recovery solutions and other related services across a broad range of consumer receivables, including credit card, secured and unsecured automotive, utilities, telecom, and other receivables. The Company primarily purchases portfolios of consumer receivables at deep discounts to face value and manages them by working with individuals as they repay their obligations and work toward financial recovery. Previously charged-off receivables include receivables subject to bankruptcy proceedings. The Company also provides debt servicing and other portfolio management services to credit originators for non-performing loans. Through credit card acquisition programs, the Company earns credit card revenue. All deployments are purchased from independent third parties.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- United States
- Canada
- United Kingdom
- Latin America
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $450.3M | $295.7M | $214.1M |
| Canada | $71.8M | $54.2M | $50.8M |
| United Kingdom | $50.7M | $52.3M | $40.7M |
| Latin America | $40.4M | $31.2M | $17.5M |
As the company reported it, from the “Segment Reporting (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $613.3M | $433.3M | $323.1M | — |
| Total operating expenses | $294.4M | $209.6M | $155.5M | — |
| Operating income | $316.5M | $220.3M | $164.1M | — |
| Interest expense | $105.8M | $77.2M | $48.1M | — |
| Pre-tax income | $218.4M | $137.6M | $120.6M | — |
| Income tax | $30.5M | $8.7M | $9.0M | — |
| Net income | $188.0M | $128.9M | $111.5M | — |
| EPS, basic | 5.64 | — | — | — |
| EPS, diluted | 5.64 | — | — | — |
| Shares, diluted (wtd. avg.) | 30.0M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $23.2M | $35.5M | $14.4M | — |
| Property, plant and equipment | $1.7M | $2.3M | — | — |
| Goodwill | $58.0M | $57.7M | $57.2M | — |
| Other intangibles | $6.5M | — | — | — |
| Total assets | $2.09B | $1.65B | — | — |
| Long-term debt | $1.75B | — | — | — |
| Total liabilities | $1.61B | $1.27B | — | — |
| Retained earnings | $522.6M | $398.1M | — | — |
| Total equity | $476.1M | $382.5M | $303.6M | $214.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $268.8M | $168.2M | $120.2M | — |
| Depreciation and amortisation | $5.3M | $2.6M | $2.4M | — |
| Stock-based compensation | $17.2M | $0 | — | — |
| Investing cash flow | -$401.9M | -$542.4M | -$403.4M | — |
| Financing cash flow | $149.7M | $388.8M | $289.9M | — |
| Dividends paid | $63.5M | $36.0M | $30.6M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-027199.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | — | $323.1M | $433.3M | $613.3M |
| Gross profit | — | — | — | — |
| Net income | — | $111.5M | $128.9M | $188.0M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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