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Nicholas Financial (NICK)

Nicholas Financial, Inc. is a specialized consumer finance company, operating branch locations in primarily Southeastern and Midwestern U.S. States. The Company engages primarily in acquiring and servicing automobile finance installment contracts ("Contracts") for purchases of used and new automobiles and light trucks. Additionally, Nicholas Financial originates direct consumer loans ("Direct Loans") and sells consumer-finance related products.

Company profile

Ticker
NICK
Exchange
NASDAQ
Website
www.nicholasfinancial.com
CEO
Douglas Marohn
Employees
Incorporated
Florida
Location
Florida
Fiscal year end
Mar 31
Sector
Finance and Insurance > Credit Card Issuing
Industry (SIC)
Short - Term Business Credit Institutions
Deere John Capital • Encore Capital • Plumas Bancorp. • Asta Funding • PwrCor • Blackstar Enterprise • Mill City Ventures III • No Borders ...
SEC CIK
0001000045
Corporate docs
Subsidiaries
Nicholas Data Services, Inc. • NF Funding I, LLC ...
IRS number
593019317

NICK stock data

News

From Benzinga Pro
Nicholas Financial Q4 EPS $0.05 Down From $0.24 YoY, Sales $12.31M Down From $13.29M YoY
24 May 22
Nicholas Financial (NASDAQ:NICK) reported quarterly earnings of $0.05 per share. This is a 79.17 percent decrease over earnings of $0.24 per share from the same period last year. The company reported $12.31 million in

Press releases

From Benzinga Pro
Nicholas Financial Reports 1st Quarter Fiscal Year 2023 Results
29 Jul 22
Originations year-over-year on new Contracts purchased for the three months ended June 30, 2022 increased by 10.1% compared to prior year first quarter.Originations year-over-year on Direct Loans for the three months
Nicholas Financial Announces Extension of Chief Financial Officer's Employment Agreement
22 Jul 22
CLEARWATER, Fla., July 22, 2022 (GLOBE NEWSWIRE) -- Nicholas Financial, Inc. (NASDAQ:NICK) announced the extension of Irina Nashtatik's Employment Agreement as Chief Financial Officer (CFO) through June 30, 2024.
Nicholas Financial Reports 4th Quarter Fiscal Year 2022 Results
24 May 22
Originations on new Contracts purchased in the fourth quarter of fiscal year 2022 reached a historic high of $27.1 million in principal amount purchased, an increase of 10.2% year-over-year and 39.3%

Calendar

10 Aug 22
20 Aug 22
31 Mar 23

Financial summary

Financial statements Chart NICK financial data
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Mar 22 Mar 21 Mar 20 Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 3.55M 3.55M 3.55M 3.55M 3.55M 3.55M
Cash burn (monthly) 408K 1.66M 801.33K 57.17K 453.67K (no burn)
Cash used (since last report) 687.1K 2.8M 1.35M 96.27K 764.01K n/a
Cash remaining 2.86M 755.16K 2.2M 3.45M 2.79M n/a
Runway (months of cash) 7.0 0.5 2.7 60.4 6.1 n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

NICK insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
27 May 22 Adam K Peterson Common Stock Buy Acquire P No No 9.7 8,106 78.63K 2,425,132
9 May 22 Marohn Douglas W common Sale back to company Dispose D No No 0 27,763 0 62,344
16 Feb 22 Adam K Peterson Common Stock Buy Acquire P No No 11.79 2,481 29.25K 2,417,026
11 Feb 22 Adam K Peterson Common Stock Buy Acquire P No No 11.45 1 11.45 2,414,545
10 Feb 22 Adam K Peterson Common Stock Buy Acquire P No No 11.49 5,281 60.68K 2,414,544
9 Feb 22 Adam K Peterson Common Stock Buy Acquire P No No 11.35 11,213 127.27K 2,409,263
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

NICK institutional ownership history Ownership history
13F holders Current Prev Q Change
Total holders 20 12 +66.7%
Opened positions 10 9 +11.1%
Closed positions 2 0 NEW
Increased positions 1 0 NEW
Reduced positions 3 0 NEW
13F shares Current Prev Q Change
Total value 79.62M 80.17M -0.7%
Total shares 7.38M 6.82M +8.2%
Total puts 0 0
Total calls 0 0
Total put/call ratio – – –
Largest owners Shares Value Change
Magnolia 2.41M $24.66M +0.8%
Magnolia Capital Fund 2.38M $27.72M 0.0%
TCW 609.8K $6.25M 0.0%
Dimensional Fund Advisors 475.47K $4.87M -0.9%
Renaissance Technologies 449.24K $4.61M -4.0%
SC Fundamental Value Fund 370.64K $4.46M 0.0%
Vanguard 261.69K $2.68M NEW
Almitas Capital 91.67K $940K NEW
Geode Capital Management 87.19K $893K 0.0%
Bridgeway Capital Management 62.8K $644K NEW
Largest transactions Shares Bought/sold Change
Vanguard 261.69K +261.69K NEW
Almitas Capital 91.67K +91.67K NEW
Bridgeway Capital Management 62.8K +62.8K NEW
Pathstone Family Office 60K +60K NEW
Belpointe Asset Management 54K +54K NEW
Magnolia 2.41M +18.98K +0.8%
Renaissance Technologies 449.24K -18.91K -4.0%
RBF Capital 17.99K +17.99K NEW
RY Royal Bank Of Canada 11.57K +11.57K NEW
Dimensional Fund Advisors 475.47K -4.45K -0.9%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: affirmative, assignee, began, breach, bring, broad, civil, claimed, closely, closure, compensatory, component, creation, curve, deny, desist, difficulty, eleven, eliminate, employment, exercise, fact, forecast, foregoing, forward, fourth, growing, growth, Hearing, high, insufficient, introduce, investment, kind, maintenance, mandatory, mark, methodology, monetary, nonbank, observable, OHA, percent, proper, punitive, pursue, readily, recordkeeping, recruiting, reliable, rendered, requested, requisite, rescission, restitution, seasonality, solicitation, statutory, Subtopic, talent, technology, telephone, therewith, thirty, top, trading, training, Vintage, workforce, worsen
Removed: accruing, acquire, active, albeit, annum, April, assure, auction, back, balloon, chosen, collateralized, combined, daily, debit, deferred, distinct, ensuring, environment, expanding, facility, February, field, holder, implementing, improving, initial, Introduction, involve, liquid, liquidated, long, October, offset, originating, prepaid, President, pressure, promissory, proposing, quickly, refer, repayable, repeated, rescind, residual, resulting, reviewing, sell, servicer, stricter, strong, temporary, transaction, transferring, type, ultimately, unsecured, unsuccessful, VIE
From filing 10-Q 2022 Q1
Financial reports
View all
10-Q
2022 Q1
Quarterly report
10 Aug 22
10-K
2022 FY
Annual report
24 Jun 22
10-Q
2022 Q3
Quarterly report
9 Feb 22
10-Q
2022 Q2
Quarterly report
12 Nov 21
10-Q
2022 Q1
Quarterly report
12 Aug 21
10-K
2021 FY
Annual report
22 Jun 21
10-Q
2021 Q3
Quarterly report
11 Feb 21
10-Q
2021 Q2
Quarterly report
12 Nov 20
10-Q
2021 Q1
Quarterly report
7 Aug 20
10-K
2020 FY
Annual report
22 Jun 20
Current reports
View all
8-K
Changes in Registrant's Certifying Accountant
17 Aug 22
8-K
Results of Operations and Financial Condition
29 Jul 22
8-K
Nicholas Financial Announces Extension of Chief Financial Officer's Employment Agreement
22 Jul 22
8-K
Cost Associated with Exit or Disposal Activities
18 Jul 22
8-K
Annual General Meeting
23 Jun 22
8-K
Regulation FD Disclosure
25 May 22
8-K
Results of Operations and Financial Condition
24 May 22
8-K/A
Departure of Directors or Certain Officers
17 May 22
8-K
Nicholas Financial Announces Appointment of Interim CEO
10 May 22
8-K
Results of Operations and Financial Condition
31 Jan 22
Registration and prospectus
View all
S-8
Registration of securities for employees
11 Aug 16
SC TO-I/A
Issuer tender offer statement (amended)
18 Mar 15
SC TO-I/A
Issuer tender offer statement (amended)
15 Mar 15
SC TO-I/A
Issuer tender offer statement (amended)
2 Mar 15
SC TO-I
Issuer tender offer statement
9 Feb 15
SC TO-C
Information about tender offer
3 Feb 15
SC TO-C
Information about tender offer
21 Dec 14
425
Business combination disclosure
17 Dec 13
S-8
Registration of securities for employees
23 May 07
424B1
Prospectus with pricing info
13 May 04
Proxies
View all
DEF 14A
Definitive proxy
29 Jul 22
DEFR14A
Revised proxy
29 Jul 21
DEF 14A
Definitive proxy
29 Jul 21
DEFR14A
Revised proxy
31 Jul 20
DEF 14A
Definitive proxy
30 Jul 20
DEF 14A
Definitive proxy
31 Jul 19
DEF 14A
Definitive proxy
13 Jul 18
DEF 14A
Definitive proxy
27 Jul 17
DEF 14A
Definitive proxy
27 Jul 16
DEF 14A
Definitive proxy
5 Jul 15
Other
View all
UPLOAD
Letter from SEC
22 May 17
CORRESP
Correspondence with SEC
16 May 17
CORRESP
Correspondence with SEC
30 Apr 17
CORRESP
Correspondence with SEC
6 Mar 17
UPLOAD
Letter from SEC
6 Feb 17
CORRESP
Correspondence with SEC
26 Feb 15
UPLOAD
Letter from SEC
22 Feb 15
CORRESP
Correspondence with SEC
17 Feb 15
UPLOAD
Letter from SEC
12 Feb 15
UPLOAD
Letter from SEC
28 Mar 10
Ownership
View all
SC 13D/A
NICHOLAS FINANCIAL / MAGNOLIA CAPITAL FUND ownership change
3 Aug 22
4
NICHOLAS FINANCIAL / Adam K Peterson ownership change
1 Jun 22
3
NICHOLAS FINANCIAL / MICHAEL ROST ownership change
19 May 22
4
NICHOLAS FINANCIAL / Douglas W Marohn ownership change
11 May 22
4
NICHOLAS FINANCIAL / Adam K Peterson ownership change
18 Feb 22
4
NICHOLAS FINANCIAL / Adam K Peterson ownership change
11 Feb 22
SC 13G
NICHOLAS FINANCIAL / RENAISSANCE TECHNOLOGIES ownership change
11 Feb 22
SC 13G/A
NICHOLAS FINANCIAL / TCW ownership change
9 Feb 22
SC 13G
NICHOLAS FINANCIAL / DIMENSIONAL FUND ADVISORS ownership change
8 Feb 22
4
NICHOLAS FINANCIAL / IRINA NASHTATIK ownership change
3 Feb 22

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