ASTA FUNDING INC
CIK:0001001258|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2020 |
Jun. 30, 2019 |
Jun. 30, 2020 |
Jun. 30, 2019 |
|
| Revenues: | ||||
| Revenues | $ 3,409,000 | $ 5,298,000 | $ 11,598,000 | $ 15,999,000 |
| Other Income: | ||||
| Interest and dividend income | 263,000 | 821,000 | 912,000 | 1,274,000 |
| Gain on settlements | 273,000 | 30,000 | 596,000 | |
| Other income, net | 253,000 | 34,000 | 92,000 | 121,000 |
| Total other income | 516,000 | 1,128,000 | 1,034,000 | 1,991,000 |
| Revenues, Total | 3,925,000 | 6,426,000 | 12,632,000 | 17,990,000 |
| Expenses: | ||||
| General and administrative | 3,281,000 | 2,980,000 | 10,379,000 | 10,301,000 |
| Interest | 1,000 | 1,000 | ||
| Impairment of consumer receivables acquired for liquidation | 100,000 | 23,000 | 100,000 | |
| Loss from equity method investment | 2,000 | 5,000 | 59,000 | 91,000 |
| Costs and Expenses, Total | 3,284,000 | 3,085,000 | 10,462,000 | 10,492,000 |
| Income before income tax | 641,000 | 3,341,000 | 2,170,000 | 7,498,000 |
| Income tax expense | 195,000 | 1,037,000 | 751,000 | 2,146,000 |
| Net income | $ 446,000 | $ 2,304,000 | $ 1,419,000 | $ 5,352,000 |
| Net income pershare: | ||||
| Basic (in dollars per share) | $ 0.07 | $ 0.35 | $ 0.22 | $ 0.80 |
| Diluted (in dollars per share) | $ 0.07 | $ 0.35 | $ 0.21 | $ 0.80 |
| Weighted average number of common shares outstanding: | ||||
| Basic (in shares) | 6,567,765 | 6,666,012 | 6,567,765 | 6,678,947 |
| Diluted (in shares) | 6,748,499 | 6,666,231 | 6,686,081 | 6,679,260 |
| Finance Income, Net [Member] | ||||
| Revenues: | ||||
| Revenues | $ 2,235,000 | $ 3,684,000 | $ 8,175,000 | $ 10,659,000 |
| Personal Injury Claims Income [Member] | ||||
| Revenues: | ||||
| Revenues | 242,000 | 439,000 | 783,000 | 1,608,000 |
| Disability Fee Income [Member] | ||||
| Revenues: | ||||
| Revenues | $ 932,000 | $ 1,175,000 | $ 2,640,000 | $ 3,732,000 |