Company Overview of TMX Finance LLC

TMX Finance LLC reported earnings results for the first quarter ended March 31, 2013. For the quarter, the company recorded total revenues of $181 million, up 20% from the prior year. Same-store revenues increased $27 million or 20%, and revenues from new stores increased $3 million or 18%. Net income was $44 million, decreased $2 million compared to the first quarter of the prior year, primarily due to increased expenses related to the continued expansion and higher advertising expenses in the first quarter of 2013 versus the prior year. EBITDA increased to $62.5 million for the first quarter of 2013 from $61.8 million in 2012. During the first quarter of 2013, the company spent approximately $4.2 million related to opening new stores and expanding corporate office space, compared to $3.8 million in the first quarter of 2012.

TMX Finance LLC, Q1 2013 Earnings Call, May 24, 2013

TMX Finance LLC reported earnings results for the year ended December 31, 2012. For the quarter, the company's revenue increased $150.9 million, or 30%, compared to 2011, with increases in each of 12 markets. More than half of its revenue increase was attributable to stores open for less than 13 months. Revenue from stores open for less than 13 months increased approximately $81.5 million in 2012. Same-store revenue, which includes revenue from stores open or acquired 13 months or longer, increased $69.4 million, or 14.4% in 2012 compared to 2011. EBITDA was $146,632,000 against $124,996,000 a year ago. Net income was $79,181,000 against $67,935,000 a year ago. During 2012, the company spent approximately $26.3 million related to opening new stores. The company expects capex for the total year 2013 to be consistent with that of $41 million - give or take - level as well. The company anticipates opening approximately 265 stores in 2013. The additional stores in its pipeline continue to be located primarily in Texas, Arizona, Virginia and Illinois.