---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-23-000031"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:47:25.644727+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PRA Group reports Q2 net loss of $3.8M; portfolio purchases up 41.7% YoY to $327.8M

## Summary
- Diluted EPS of $(0.10) vs $0.91 in Q2 2022; net loss of $3.8M.
- Total portfolio revenue fell to $205.4M from $250.6M in prior year.
- Cash collections were $419.3M, down 5.6% YoY; European core collections rose.
- Portfolio acquisitions surged 41.7% to $327.8M, a Q2 record.
- Debt to Adjusted EBITDA at 2.76x; available liquidity $332.5M after borrowing base.

## SEC filing metadata
- accession: 0001185348-23-000031
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534823000031/0001185348-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534823000031/praa-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-23-000031
- JSON: https://secwatch.observer/filing/0001185348-23-000031.json
- Plain text: https://secwatch.observer/filing/0001185348-23-000031.txt

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