---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-25-000003"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T10:40:36.235890+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PRA Group Q4 net income $18.5M, EPS $0.47; full-year profitable, record portfolio purchases $1.4B

## Summary
- Full-year 2024 net income $70.6M ($1.79 diluted EPS) vs 2023 net loss of $83.5M ($2.13 loss per share).
- Record portfolio purchases of $1.4B in 2024 (+22% YoY); Q4 purchases $432.7M.
- Total cash collections $1.9B (+13% YoY); Q4 collections $468.1M (+14.1% YoY).
- 2025 targets raised: $1.2B portfolio investments, high single-digit cash collections growth, 60%+ cash efficiency ratio.
- Adjusted EBITDA of $1.1B for full year 2024; ERC at $7.5B as of Q4 2024.

## SEC filing metadata
- accession: 0001185348-25-000003
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1185348/000118534825000003/0001185348-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000003/praa-20250219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-25-000003
- JSON: https://secwatch.observer/filing/0001185348-25-000003.json
- Plain text: https://secwatch.observer/filing/0001185348-25-000003.txt

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