{"schema_version":"secwatch.filing_event.v1","accession":"0001185348-25-000010","form_type":"8-K","ticker":"PRAA","cik":"0001185348","company_name":"PRA GROUP INC","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.719612+00:00","generated_at":"2026-05-22T16:38:02.866213+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PRA Group Q1 2025: portfolio purchases up 19%, record ERC $7.8B, net income $3.7M","bullets":["Portfolio purchases $291.7M (+18.7% YoY); record ERC $7.8B (+20.1%).","Total cash collections $497.4M (+10.7% YoY); cash efficiency ratio 60.8% (+284 bps).","Net income $3.7M; diluted EPS $0.09 (flat YoY); adjusted EBITDA $1.2B (+13.5%).","U.S. Q1 seasonal tax-refund collections below model, lowering profitability vs prior quarters.","New CEO Martin Sjolund appointed; financial targets unchanged except return on tangible equity likely below ~12%."],"urls":{"canonical":"https://secwatch.observer/filing/0001185348-25-000010","json":"https://secwatch.observer/filing/0001185348-25-000010.json","markdown":"https://secwatch.observer/filing/0001185348-25-000010.md","text":"https://secwatch.observer/filing/0001185348-25-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1185348/000118534825000010/0001185348-25-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1185348/000118534825000010/praa-20250505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T16:38:02.866213+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}