Ophir Asset Management Pty Ltd has initiated a significant new position in EZCORP (EZPW), acquiring 1,616,518 shares valued at approximately $38.75 million, according to an SEC filing dated May 15, 2026. This investment now represents nearly 5% of Ophir’s 13F reportable assets under management (AUM), with the stake appreciating to $41.03 million due to recent price gains.
EZCORP has demonstrated impressive financial performance, with last quarter’s revenue surging 46% year-over-year to $446.9 million, and adjusted EBITDA increasing 76% to $76.9 million. The company’s robust growth is attributed to rising demand for short-term cash solutions and higher gold prices, which have bolstered jewelry scrap margins. EZCORP’s expansion strategy, including the addition of 123 stores in the last quarter, strengthens its competitive positioning in the alternative financial services sector.
For investors, the critical takeaway is whether EZCORP can sustain its earnings momentum amid improving consumer conditions. After a remarkable 135% stock increase over the past year, elevated expectations may challenge future performance.
Source: fool.com