Overview Financials News + Filings Key Docs Charts Ownership Insiders
All
All (ex-4s)
10-K
10-Q
8-K
3,4,5
Proxy
Prospectus
Other
Tags
Appointed director
Quarterly results
|
|
NICHOLAS FINANCIAL INC (NICK)
|
Create: Alert |
All | News | Filings
| Date Filed | Type | Description |
| 08/16/2023 |
8-K
| Financial Statements and Exhibits Interactive Data|
Docs:
|
"Nicholas Financial Reports 1st Quarter Fiscal Year 2024 Results • We substantially completed our restructuring plan and returned to profitability, recognizing $1.7 million in pre-tax income for the three months ended June 30, 2023 • Our pre-tax yield increased to 5.6% for the three months ended June 30,2023, and improvement of 9.2% year over year • Our operating expenses decreased 55.3% for the first fiscal quarter, compared to the same period year over year August 16, 2023 – Clearwater, Florida - Nicholas Financial, Inc. announced a net income for the three months ended June 30, 2023 of $1.6 million compared to net loss of $1.8 million for the three months ended June 30, 2022. Basic and diluted net earnings per share was $0.21 for the three months ended June 30, 2023..." |
|
| 08/15/2023 |
8-K
| Financial Statements and Exhibits Interactive Data|
Docs:
|
"AMENDMENT TO EMPLOYMENT AGREEMENT This Amendment to Employment Agreement is entered into with the intent it be effective as of August 10, 2023 by and between NICHOLAS FINANCIAL, INC. and MICHAEL ROST . This Amendment amends that certain Employment Agreement between Company and Employee with an effective date of August 30, 2022 . Capitalized terms used and not otherwise defined herein have the meanings set forth in the Agreement. In consideration of the mutual covenants and agreements of the parties herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Company and Employee agree that the Agreement is hereby amended as follows: 1. Section 2 . Effective as of the Amendment Effective Date, all of the provisions of Section 2 of the Agree...",
"Nicholas Financial Announces Extension of Chief Executive Officer's Employment Agreement – Clearwater, Florida - Nicholas Financial, Inc. announced the extension of Michael Rost's Employment Agreement as Chief Executive Officer through February 29, 2024. The material terms of Mr. Rost’s Employment Agreement are disclosed in the Company’s Form 8-K filed on the date thereof. For more information on Nicholas, visit www.nicholasfinancial.com. Nicholas Financial, Inc. is a specialized consumer finance company, operating in both Southeastern and Midwestern U.S. States. The Company engages primarily in acquiring and servicing automobile finance installment contracts for purchases of used and new automobiles and light trucks. For an index of Nicholas Financial, Inc’s new releases or to obtain a sp..." |
|
| 06/29/2023 |
8-K
| Financial Statements and Exhibits Interactive Data |
| 02/09/2023 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits Interactive Data|
Docs:
|
"Nicholas Financial Reports 3rd Quarter Fiscal Year 2023 Results • On November 3, 2022, the Company announced a change in operating strategy and restructuring plan with the goal of reducing operating expenses and freeing up capital. As part of this plan, the Company is shifting from a decentralized to a regionalized business model. • During the three months ended December 31, 2022, the Company discontinued originating direct consumer loans and reduced its originations of new Contracts purchased by 76.8% as compared to the same period year-over-year. • For the three months ended December 31, 2022, the Company incurred $3.2 million in restructuring expenses pursuant to the Company's disclosed restructuring plan. February 9, 2023 – Clearwater, Florida - Nicholas Financial,..." |
|
| 12/09/2022 |
8-K
| Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S... |
| 11/04/2022 |
8-K
| Quarterly results |
| 11/03/2022 |
8-K
| Quarterly results |
| 10/26/2022 |
8-K
| Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arran... |
| 09/15/2022 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...|
Docs:
|
"EMPLOYMENT AGREEMENT THIS AGREEMENT is entered into as of the 14 day of September, 2022 by NICHOLAS FINANCIAL, INC., a British Columbia corporation , and MICHAEL ROST . WITNESSETH: WHEREAS, the Employee desires to be employed by the Company on the terms and conditions hereinafter set forth. NOW, THEREFORE, in consideration of the mutual covenants and agreements of the parties contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto covenant and agree as follows: 1. EMPLOYMENT AND DUTIES. Subject to the terms and conditions of this Agreement, the Company agrees to employ the Employee, and the Employee hereby agrees to serve the Company, as Chief Executive Officer. The Employee’s employment hereunder began on...",
"Nicholas Financial Announces Chief Executive Officer's Employment Agreement – Clearwater, Florida - Nicholas Financial, Inc. announced the Employment Agreement of Mike Rost as Chief Executive Officer through August 29, 2023. The material terms of Mr. Rost's Employment Agreement are disclosed in the Company’s Form 8-K filed on the date thereof. For more information on Nicholas, visit www.nicholasfinancial.com. Nicholas Financial, Inc. is a specialized consumer finance company, operating branch locations in both Southeastern and Midwestern U.S. States. The Company engages primarily in acquiring and servicing automobile finance installment contracts for purchases of used and new automobiles and light trucks. Additionally, Nicholas Financial originates direct consumer loans and sells consumer-..." |
|
| 08/30/2022 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements... |
| 08/30/2022 |
8-K
| Submission of Matters to a Vote of Security Holders Interactive Data |
| 08/30/2022 |
8-K
| Regulation FD Disclosure, Financial Statements and Exhibits Interactive Data |
| 08/17/2022 |
8-K
| Quarterly results |
| 07/29/2022 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits Interactive Data|
Docs:
|
"Nicholas Financial Reports 1st Quarter Fiscal Year 2023 Results • Originations year-over-year on new Contracts purchased for the three months ended June 30, 2022 increased by 10.1% compared to prior year first quarter. • Originations year-over-year on Direct Loans for the three months ended June 30, 2022 increased by 43.2% compared to prior year first quarter. • Finance Receivables, net grew by $0.8 million or 0.5% for the three months ended June 30, 2022. July 29, 2022 – Clearwater, Florida - Nicholas Financial, Inc. announced a net loss for the three months ended June 30, 2022 of $1.8 million compared to net income of $1.7 million for the three months ended June 30, 2021. Diluted net loss per share was $0.24 for the three months ended June 30, 2022 as compared to dil..." |
|
| 07/22/2022 |
8-K
| Quarterly results |
| 07/18/2022 |
8-K
| Quarterly results |
| 06/23/2022 |
8-K
| Quarterly results |
| 05/25/2022 |
8-K
| Quarterly results |
| 05/24/2022 |
8-K
| Quarterly results |
| 05/10/2022 |
8-K
| Quarterly results |
| 01/31/2022 |
8-K
| Results of Operations and Financial Condition, Financial Statements and Exhibits Interactive Data |
| 01/13/2022 |
8-K
| Other Events, Financial Statements and Exhibits Interactive Data|
Docs:
|
"FL, AL, AZ, GA, ID, IL, IN, KS, KY,",
"Nicholas Financial’s Houston, Texas Grand Opening. – Clearwater, Florida - Nicholas Financial, Inc. – an industry leading branch-based subprime auto lender focused on servicing the needs of the local independent dealer – announced today a grand opening celebration for our newest branch office in the Houston, TX market, located at 9630 N. Sam Houston Pkwy E, Suite F Humble, TX 77396 on January 13, 2022. The open house begins at 3:00 PM CST, the official ribbon cutting ceremony will commence at 4:00 PM CST and the celebration will continue until 7:00 PM CST. Please contact the local office at 281-601-1926 for more information regarding the event. “The grand opening of our newest branch office in Houston, TX marks NFI’s re-entry into the Texas market,” commented Doug Marohn, pre..." |
|
| 11/08/2021 |
8-K
| Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S... |
| 10/29/2021 |
8-K
| Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits Interactive Data |
| 09/30/2021 |
8-K
| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements... |
| 09/02/2021 |
8-K
| Submission of Matters to a Vote of Security Holders Interactive Data |
| 09/02/2021 |
8-K
| Regulation FD Disclosure, Financial Statements and Exhibits Interactive Data |
| 07/30/2021 |
8-K
| Quarterly results |
| 06/29/2021 |
8-K
| Quarterly results |
| 06/11/2021 |
8-K
| Quarterly results |
| 06/02/2021 |
8-K
| Quarterly results |
| 03/08/2021 |
8-K
| Quarterly results |
| 02/03/2021 |
8-K
| Quarterly results |
| 01/25/2021 |
8-K
| Other Events, Financial Statements and Exhibits |
|
|
|