|
|
News Breaks | | | | December 30, 2012 | | 13:39 EDT |  | CSFS | Cash Store Financial CEO says company positioned for a strong 2013
"During Q2 of 2012, the Company initiated a number of efficiency initiatives to improve overall performance, including the acquisition of our loan portfolio and an ongoing effort to eliminate underperforming branches. We have effectively executed upon those initiatives, improving the Company's profitability profile and setting the stage for a return to growth during fiscal 2013. Despite having consolidated more than 60 branches from our Canadian operations, loan volume has grown since Q2, as have total revenues. Adjusted EBITDA for the quarter was $11.2M, up on a sequential basis from $7M in Q3, and consistent with Q4 of last year." | |
|
News For CSFS From The Last 14 Days Check below for free stories on CSFS the last two weeks. |
|
|
| May 17, 2013 | | 09:05 EDT | | CSFS | Cash Store Financial trading halted, pending news
 Subscribe for More Information | | | May 16, 2013 | | 09:09 EDT | | CSFS | Cash Store Financial trading halted, pending news
| | | May 15, 2013 | | 19:48 EDT |  | CSFS | Cash Store Financial reports Q2 EPS (24c), one estimate (9c)
Subscribe for More Information | | | 09:44 EDT | | CSFS | Cash Store Financial says investigation ended, no further restatements needed
Subscribe for More Information | | | 09:26 EDT | | CSFS | Cash Store Financial trading halted, pending news
| | | May 14, 2013 | | 12:00 EDT |  | CSFS | Cash Store Financial falls 6.8%
Subscribe for More Information | | | 06:18 EDT | | CSFS | Cash Store Financial to restate issued consolidated financial statements
The Cash Store Financial Services announced that it will restate the previously issued consolidated financial statements for the years ended September 30, 2012; September 30, 2011 and the fifteen month period ended September 30, 2010. The Company will also restate the December 31, 2011; March 31, 2012; June 30, 2012 and December 31, 2012 unaudited interim consolidated financial statements. The correction of the error effective from September 30, 2010 will result in the maximum exposure of $18.8M being expensed. The maximum amount of the potential liability was first disclosed in the notes to the financial statements in March 2010, and disclosed thereafter in the annual and quarterly financial statements. The maximum potential exposure consists of approximately $6.2M in cash, which was paid to the Settlement Administrator in 2011, approximately $6.2M in credit vouchers, and $6.4M in legal fees, which was paid to the plaintiff's counsel in 2010. After cash and credit vouchers have been disbursed by the Settlement Administrator, the remaining accrual for unclaimed credit vouchers as of March 31, 2013 is approximately $5.3M. | | | May 9, 2013 | | 05:24 EDT | | CSFS | Cash Store Financial reports Q2 revenue C$46.7M vs. C$42.1M last year
| |
|
|
|
|
|
|
