Standard Premium Finance Q2 2024 revenue exceeds $3M, net income up 86% YoY

STANDARD PREMIUM FINANCE HOLDINGS, INC.

2024-Q2 EPS reported $0.12 revenue$5,949,252

Total revenue >$3.0M, +35% YoY; loan originations >$40M, +25% YoY.
Net income increased 86% YoY; EPS of $0.11 per share for Q2.
Weighted-average APR on new loans rose 62 bps to 17.58%.
Return on equity exceeded 23% for the quarter.
Preferred stock dividends of 7% APY declared and paid in August 2024.

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