---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-22-000022"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:36:34.671944+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PRA Group Q2 2022 net income $36.5M ($0.91 EPS); cash collections down 18.3% YoY

## Summary
- Diluted EPS of $0.91 vs. $1.22 in Q2 2021; net income $36.5M down 34.8%.
- Total cash collections $444.1M, down 18.3% (down 15.4% constant currency).
- Portfolio purchases $231.3M, up from $219.7M a year ago, driven by Europe.
- Share repurchases of $34.9M (0.8M shares); $92.7M remaining under plan.
- Estimated remaining collections (ERC) $5.6B; debt to adjusted EBITDA 2.03x.

## SEC filing metadata
- accession: 0001185348-22-000022
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534822000022/0001185348-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534822000022/praa-20220808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-22-000022
- JSON: https://secwatch.observer/filing/0001185348-22-000022.json
- Plain text: https://secwatch.observer/filing/0001185348-22-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.