Pawn Shops Continue to Make Bank
- Posted by Danny
- on January 24th, 2013
The big 3 in pawn and payday loans continue to steadily rake it in. Below are the TTM revenues over the last 10 years (shaded area = recession):
EZPW Revenue TTM data by YCharts
The next chart shows their TTM net income over the same period. $CSH looks to have had a hiccup along the way, but $EZPW and $FCFS remain in a strong trend.
EZPW Net Income TTM data by YCharts
disclosure: long EZPW and FCFS
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Daniel Miller and Jason Robinson are self taught investors based in Daphne, Alabama, and are the co-founders of the WallStreetBean. Neither one of them are professional investors - just two regular guys who want to share their investing ideas and thoughts with others. More
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