CCF Holdings, LLC (the “Company,” “CCF,” or “we”) is a provider of alternative financial services to unbanked and under‑banked consumers. The Company was formed in 2018 and began operations upon the closing of the Restructuring (as defined below). As a result of the Restructuring, the Company succeeded to the business and operations of Community Choice Financial Inc., which we refer to as our Predecessor. We provide our customers a variety of financial products and services including short‑term and medium‑term consumer loans, check cashing, prepaid debit cards, and other services that address the specific needs of our customers. Through our customer focused business model, we provide our customers immediate access to financial services through our retail locations and our website. As of December 31, 2019, we operated 484 retail locations across 12 states and were licensed to deliver similar financial services over the internet in 28 states. Our retail business model provides a broad array of financial products and services whether through a retail location or over the internet, whichever distribution channel satisfies the target customer’s needs. We want to achieve a superior level of customer satisfaction, resulting in increased market penetration and value creation. An important part of our retail model is investing in and creating a premier brand presence, supported by a well‑trained and motivated workforce with the aim of enhancing the customer’s experience, generating increased traffic and introducing our customers to our diversified set of products.
Company profile
Ticker
CCFLU
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
BCCI Management Company • Buckeye Check Cashing, Inc. • Buckeye Check Cashing of Arizona, Inc. • Buckeye Check Cashing of California, LLC • Buckeye Check Cashing of Florida, Inc. • Buckeye Check Cashing of Kentucky, Inc. • Buckeye Check Cashing of Michigan, Inc. • Buckeye Check Cashing of Virginia, Inc. • Buckeye Check Cashing of Tennessee LLC • Buckeye Check Cashing of Texas, LLC ...
IRS number
832704255
Latest filings (excl ownership)
15-15D
Suspension of duty to report
30 Mar 21
8-K
Entry into a Material Definitive Agreement
30 Mar 21
RW
Registration withdrawal request
19 Mar 21
RW
Registration withdrawal request
12 Mar 21
8-K
Regulation FD Disclosure
5 Mar 21
8-K
Other Events
5 Feb 21
8-K
Other Events
23 Nov 20
10-Q
2020 Q3
Quarterly report
13 Nov 20
10-K/A
2019 FY
Annual report (amended)
20 Oct 20
Latest ownership filings
No filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 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 |
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Cash on hand (at last report) | 63.67 mm | 63.67 mm | 63.67 mm | 63.67 mm | 63.67 mm | 63.67 mm |
Cash burn (monthly) | 4.93 mm | 17.67 k | 7.48 mm | 7.16 mm | (no burn) | (no burn) |
Cash used (since last report) | 210.24 mm | 753.95 k | 319.40 mm | 305.74 mm | n/a | n/a |
Cash remaining | -146.56 mm | 62.92 mm | -255.73 mm | -242.07 mm | n/a | n/a |
Runway (months of cash) | -29.8 | 3561.5 | -34.2 | -33.8 | n/a | n/a |