Jefferson Capital reported second-quarter revenue of $178 million, up 16% year-over-year, and announced its entry into the debt purchasing market in Mexico. President and CEO David Burton highlighted collections up 18% to $301 million and deployments of $152 million for the quarter, with record July deployments of $185 million. The company added auto as a third asset class segment to its performing portfolio purchase capabilities and reported forward flow commitments of $480.7 million as of June 30, a new record. CFO Christo Realov said adjusted pretax income was $59 million and adjusted cash EBITDA was $226 million, with net debt to adjusted cash EBITDA improving to 1.71x. The board declared a regular quarterly dividend of $0.24 per share.
Jefferson Capital, Inc. Common StockQ2 revenue up 16%, record deployments, improved leverage, and dividend declared.
