Matthew Gucu
Las Vegas, NV (USA)
Role(s):
Associate/Staff
TBA
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Startup
Location:
Las Vegas
Industry:
Finance
Year Founded:
1998
Number Employees:
250-500 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
We offer an alternative to the traditional Payday Loan in Nevada, Utah, and South Dakota and now the online version of our company has expanded to 18 states.
Quarter 2 forecast put out on April 15th:
NET EBITDA of $1,224,202, NET Distributable Profits $722,279, Profit per share $7,222, Check per share $3,611
Now, this is how Quarter 2 is going to come in:
NET EBITDA of $2,041,694, NET Distributable Profits $1,436,133, Profit per share $14,361, Check per share $7,180
For the first time in the 13 year history, 2nd Quarter has outperformed First Quarter!! We blew the forecasts out of the water for Q2 AND we blew away the 1st quarter numbers that came in at $1,883,388 EBITDA and $1,101,562 in Net Distributable Profits. Shareholders got a great check of over $5,000 Q1 but will get over $7,000 for Q2!!