|
Revenues
|
|
$153.0m
|
$204.8m
|
$259.1m
|
$347.1m
|
$554.2m
|
|
Other operating expenses
|
|
$43.3m
|
$68.6m
|
$70.7m
|
$75.5m
|
$33.4m
|
|
Total operating expenses
|
|
$199.9m
|
$339.2m
|
$301.3m
|
$312.5m
|
$367.6m
|
|
Provision for credit losses
|
|
—
|
$66.3m
|
$58.4m
|
$54.6m
|
$91.0m
|
|
Compensation and benefits
|
|
$49.5m
|
$103.4m
|
$94.9m
|
$107.0m
|
$103.4m
|
|
Technology and infrastructure
|
|
—
|
—
|
$10.6m
|
$11.0m
|
$12.1m
|
|
Interest income
|
|
($287k)
|
($3.0m)
|
($5.3m)
|
($3.0m)
|
($1.6m)
|
|
Gain on extinguishment of convertible debt
|
|
$0
|
($4.3m)
|
$0
|
($33.4m)
|
$0
|
|
Changes in fair value of earnout liabilities
|
|
$0
|
($9.6m)
|
($22k)
|
$965k
|
$3.3m
|
|
Changes in fair value of public and private warrant liabilities
|
|
$3.1m
|
($14.2m)
|
($260k)
|
$1.7m
|
$9.9m
|
|
Provision (benefit) for income taxes
|
|
$97k
|
($67k)
|
$120k
|
$2.5m
|
($27.8m)
|
|
Net income (loss) before provision (benefit) for income taxes
|
|
($19.9m)
|
($129.0m)
|
($48.4m)
|
$60.4m
|
$168.0m
|
|
Net income (loss)
|
|
($20.0m)
|
($128.9m)
|
($48.5m)
|
$57.9m
|
$195.9m
|
|
Basic
|
|
($4.66)
|
($11.13)
|
($4.06)
|
$4.82
|
$12.57
|
|
Diluted
|
|
($4.66)
|
($11.13)
|
($4.06)
|
$4.37
|
$11.60
|
|
Processing and servicing costs
|
|
$23.5m
|
$31.9m
|
$28.9m
|
$30.4m
|
$33.5m
|
|
Financial network and transaction costs
|
|
—
|
—
|
$22.7m
|
$24.7m
|
$28.2m
|
|
Advertising and activation costs
|
|
—
|
—
|
$56.7m
|
$53.4m
|
$66.0m
|
|
Interest expense
|
|
$2.5m
|
$9.2m
|
$11.8m
|
$8.0m
|
$7.0m
|
|
Total other (income) expense, net
|
|
$1.1m
|
($5.4m)
|
$6.2m
|
($25.7m)
|
$18.6m
|