---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-23-000005"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:13:57.378619+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PRA Group Q4 EPS $0.41 vs $0.79 YoY; cash collections down 17.3%

## Summary
- Q4 net income $15.96M, diluted EPS $0.41; full-year EPS $2.94 vs $4.04 in 2021.
- Total cash collections $391.7M in Q4, down 17.3% YoY (13.2% constant currency).
- Portfolio purchases $288.1M in Q4, highest since Q3 2021; full-year $850.0M.
- Europe cash collections set annual record on constant currency basis.
- Debt to Adjusted EBITDA 2.25x; $99.4M in share repurchases during 2022.

## SEC filing metadata
- accession: 0001185348-23-000005
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534823000005/0001185348-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534823000005/praa-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-23-000005
- JSON: https://secwatch.observer/filing/0001185348-23-000005.json
- Plain text: https://secwatch.observer/filing/0001185348-23-000005.txt

## Key facts
- Earnings Releases
  PRA GROUP INC reported financial results for fourth quarter and full year 2022.
  - Period: fourth quarter and full year 2022
  - Result: reported results
  source text: On February 27, 2023, PRA Group, Inc. (the "Company") issued a press release announcing its fourth quarter and full year 2022 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1185348/000118534823000005/0001185348-23-000005-index.htm

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