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
Website
CEO
Douglas Marohn
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Nicholas Data Services, Inc. • NF Funding I, LLC ...
IRS number
593019317
NICK stock data
Calendar
10 Aug 22
20 Aug 22
31 Mar 23
Financial summary
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Diluted EPS |
Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
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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 |
Recent insider trades
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 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 10 |
Closed positions | 2 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 79.62M |
Total shares | 7.38M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Magnolia | 2.41M | $24.66M |
Magnolia Capital Fund | 2.38M | $27.72M |
TCW | 609.8K | $6.25M |
Dimensional Fund Advisors | 475.47K | $4.87M |
Renaissance Technologies | 449.24K | $4.61M |
SC Fundamental Value Fund | 370.64K | $4.46M |
Vanguard | 261.69K | $2.68M |
Almitas Capital | 91.67K | $940K |
Geode Capital Management | 87.19K | $893K |
Bridgeway Capital Management | 62.8K | $644K |
Content analysis
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Readability |
H.S. freshman Avg
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New words:
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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
Financial reports
Current reports
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
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
Other
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
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
Reddit threads
Daily Discussion Thread - July 29th, 2022
29 Jul 22
Daily Discussion Thread - July 28th, 2022
28 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - April 19, 2022
19 Apr 22
Daily Discussion Thread - February 1st, 2022
1 Feb 22
Daily Discussion Thread - January 31st, 2022
31 Jan 22
Daily Discussion Thread - October 29th, 2021
29 Oct 21
Daily Discussion Thread - October 28th, 2021
28 Oct 21
Daily Discussion Thread - October 27th, 2021
27 Oct 21