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Ezcorp Inc (EZPW) SEC Filing 10-K Annual report for the fiscal year ending Monday, September 30, 2013

Ezcorp Inc

CIK: 876523 Ticker: EZPW


Exhibit 99.1



EZCORP REPORTS 2013 REVENUES OF MORE THAN $1 BILLION

AUSTIN, Texas (November 7, 2013) EZCORP, Inc. (NASDAQ: EZPW), a leading provider of easy cash solutions for consumers, announced that for the fiscal year ended September 30, 2013, total revenues were $1.01 billion, a record for the company. Net income from continuing operations attributable to EZCORP was $57 million.
EZCORP's core lending and retail businesses in the United States and Latin America showed continued strength, highlighted by the following:

Merchandise sales in the U.S. increased 7% during the year, as the company continued to diversify its retail channels. Online sales, primarily of general merchandise, totaled $19 million during the year, and now account for 8% of general merchandise retail sales in the U.S.
Total loan balances in the company's U.S. Financial Services division (including online loans) were up 29%, including 23% growth in storefront loans. Loan fees were up 7%, offsetting the negative impact of various regulatory changes that reduced net income by $7 million.
Latin America's segment contribution improved 40% during the year, after normalizing the prior year's results for a $16 million positive purchase accounting adjustment. This significant growth was driven by strong performance in the company's Mexico payroll withholding lending business (Grupo Finmart), where loan balances increased 46% during the year and total revenues increased 89%.
For the fiscal year, the combined effect of reduced gold volumes and the gold price decline had a $31 million negative impact on the company's after tax earnings. The company's fiscal year results also included $35 million of one-time charges, including an impairment charge of $29 million on the company's long-term investment in Albemarle & Bond Holdings, PLC, a gold and jewelry pawnbroker in the U.K. In addition, investments in long-term growth initiatives (including the company's online lending businesses in the U.S. and the U.K. and denovo growth) further negatively impacted earnings by $20 million.
The following metrics refer to continuing operations, unless otherwise noted.
Consolidated Financial Highlights — Fiscal Year ended September 30, 2013 versus the prior year
Total revenues exceeded $1 billion, a record for the company. Excluding jewelry scrapping, total revenues grew 14%, driven by a 24% increase in consumer loan fees, an 11% increase in merchandise sales, and an 8% increase in pawn service charges.
Net income from continuing operations attributable to EZCORP was $57 million, while diluted earnings per share from continuing operations attributable to EZCORP were $1.06.


The following information was filed by Ezcorp Inc (EZPW) on Thursday, November 7, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Operations
Consolidated Statements Of Stockholders' Equity
Accounts Payable And Other Accrued Expenses
Accounts Payable And Other Accrued Expenses (details)
Accounts Payable And Other Accrued Expenses (tables)
Accounts Payable And Other Accrued Expenses - Other Current Liabilities (details)
Acquisitions
Acquisitions (details 1)
Acquisitions (details 2)
Acquisitions (details Textuals)
Acquisitions (details)
Acquisitions (tables)
Allowance For Losses And Credit Quality Of Financing Receivables
Allowance For Losses And Credit Quality Of Financing Receivables (details 1)
Allowance For Losses And Credit Quality Of Financing Receivables (details Textuals)
Allowance For Losses And Credit Quality Of Financing Receivables (details)
Allowance For Losses And Credit Quality Of Financing Receivables (tables)
Common Stock, Options, And Stock Compensation
Common Stock, Options, And Stock Compensation (details 1)
Common Stock, Options, And Stock Compensation (details 2)
Common Stock, Options, And Stock Compensation (details 3)
Common Stock, Options, And Stock Compensation (details Textuals)
Common Stock, Options, And Stock Compensation (details)
Common Stock, Options, And Stock Compensation (tables)
Contingencies
Derivative Instruments And Hedging Activities
Derivative Instruments And Hedging Activities (details)
Derivative Instruments And Hedging Activities (tables)
Discontinued Operations
Discontinued Operations (tables)
Discontinued Operations - Additional Disclosures (details)
Discontinued Operations - Operating Losses By Segment (details)
Discontinued Operations - Stores In Operation (details)
Discontinued Operations - Termination Costs (details)
Earnings Per Share
Earnings Per Share (details)
Earnings Per Share (tables)
Employment Agreements
Employment Agreements (details Textuals)
Fair Value Measurements
Fair Value Measurements (details 2)
Fair Value Measurements (details)
Fair Value Measurements (tables)
Fair Value Measurements Fair Value Measurements (details Textuals)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (details 1)
Goodwill And Other Intangible Assets (details 2)
Goodwill And Other Intangible Assets (details 3)
Goodwill And Other Intangible Assets (details 4)
Goodwill And Other Intangible Assets (details)
Goodwill And Other Intangible Assets (tables)
Income Taxes
Income Taxes (details 1)
Income Taxes (details 2)
Income Taxes (details Textuals)
Income Taxes (details)
Income Taxes (tables)
Leases
Leases (details 1)
Leases (details Textuals)
Leases (details)
Leases (tables)
Long-term Debt And Capital Lease Obligations
Long-term Debt And Capital Lease Obligations (details Textuals)
Long-term Debt And Capital Lease Obligations (details)
Long-term Debt And Capital Lease Obligations (tables)
Operating Segment Information
Operating Segment Information (details 1)
Operating Segment Information (details 2)
Operating Segment Information (details)
Operating Segment Information (tables)
Organization And Summary Of Significant Accounting Policies
Organization And Summary Of Significant Accounting Policies (details Textuals)
Organization And Summary Of Significant Accounting Policies (policies)
Organization And Summary Of Significant Accounting Policies (tables)
Organization And Summary Of Significant Accounting Policies Organization And Summary Of Significant Accounting Policies (details)
Property And Equipment
Property And Equipment (details Textuals)
Property And Equipment (details)
Property And Equipment (tables)
Quarterly Information (unaudited)
Quarterly Information (unaudited) (details)
Quarterly Information (unaudited) (tables)
Redeemable Noncontrolling Interest
Redeemable Noncontrolling Interest (details Textuals)
Redeemable Noncontrolling Interest (details)
Redeemable Noncontrolling Interest (tables)
Related Party Transactions
Related Party Transactions (details Textuals)
Retirement Plans
Retirement Plans (details 1)
Retirement Plans (details Textuals)
Retirement Plans (details)
Retirement Plans (tables)
Strategic Investments
Strategic Investments (details 1)
Strategic Investments (details Textuals)
Strategic Investments (details)
Strategic Investments (tables)
Supplemental Consolidated Financial Information
Supplemental Consolidated Financial Information (details 1)
Supplemental Consolidated Financial Information (details 2)
Supplemental Consolidated Financial Information (details 3)
Supplemental Consolidated Financial Information (details)
Supplemental Consolidated Financial Information (tables)
Ticker: EZPW
CIK: 876523
Form Type: 10-K Annual Report
Accession Number: 0000876523-13-000083
Submitted to the SEC: Tue Nov 26 2013 6:33:27 PM EST
Accepted by the SEC: Wed Nov 27 2013
Period: Monday, September 30, 2013
Industry: Retail Miscellaneous Retail

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