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WCRS US​

Western Capital Resources, Inc.(WCRS US)

$13.65+0.000.00%(Market Closed · 13:30:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Western Capital Resources, Inc. — Company Profile

Western Capital Resources, Inc. (WCRS) operates a diverse retail enterprise across the United States, facilitated by its various subsidiaries. Its operations are structured into four distinct segments: Cellular Retail, Direct to Consumer, Manufacturing, and Consumer Finance. The Cellular Retail division functions as an official Cricket Wireless partner, providing customers with cellular phones, accessories, and complementary services, while also serving as a payment hub. Its Cricket-branded stores deliver a comprehensive suite of offerings, such as Cricket wireless service plans, plan enhancements (e.g., Cricket International, country-specific add-ons, Cricket Protect, and mobile hotspots), Cricket-branded devices, and a wide selection of general cellular accessories. Through its Direct to Consumer segment, WCRS engages in the online and direct-to-consumer distribution of live plants, seeds, holiday gifts, and gardening supplies, marketed under the Park Seed, Jackson & Perkins, and Wayside Gardens labels. This segment also includes wholesale operations via the Park Wholesale brand. Furthermore, it offers home improvement and restoration items under the Van Dyke's Restorers brand, distributed through both online platforms and mail-order catalogs. The Manufacturing division produces equipment such as mowers, safety shelters, agricultural tools, timber management machinery, and string trimmers, primarily under the Swisher brand. Beyond its own product lines, this segment extends turnkey manufacturing solutions to other companies, encompassing services like powder coating, fabrication, assembly, distribution, welding, engineering, design, and general contract manufacturing. WCRS's Consumer Finance segment provides sub-prime, short-term, uncollateralized, non-recourse cash advance and installment loans, alongside check cashing and various other financial services. It also owns and manages retail pawn shops. By December 31, 2021, the company's operational footprint included 229 cellular retail outlets, 19 payday loan establishments across Iowa, Kansas, North Dakota, and Wyoming, and 3 pawn shops located in Nebraska and Iowa. Incorporated in 2001, Western Capital Resources maintains its corporate headquarters in Omaha, Nebraska.

Sector
Consumer Cyclical
Industry
Specialty Retail
Exchange
UU
CEO
John Quandahl
Headquarters
Omaha, NE, US
IPO Date
Feb 12, 2013
Employees
950
Website
www.westerncapitalresources.com

Key Metrics

Price
$13.62
Market Cap
$124.05M
Revenue (TTM)
$46.45M
Net Income (TTM)
$4.18M
EPS (TTM)
0.46
P/E (TTM)
11.73
P/B (TTM)
1.54
Dividend Yield
62.42%
ROE (TTM)
5.20%
ROA (TTM)
3.43%
Operating Margin
13.54%
Beta
-0.09

Dividends

Last Dividend
$0.03
Last Yield
0.62%

Summary

Western Capital Resources, Inc. (WCRS) operates a diverse retail enterprise across the United States, facilitated by its various subsidiaries. Its operations are structured into four distinct segments: Cellular Retail, Direct to Consumer, Manufacturing, and Consumer Finance. The Cellular Retail division functions as an official Cricket Wireless partner, providing customers with cellular phones, accessories, and complementary services, while also serving as a payment hub. Its Cricket-branded stores deliver a comprehensive suite of offerings, such as Cricket wireless service plans, plan enhancements (e.g., Cricket International, country-specific add-ons, Cricket Protect, and mobile hotspots), Cricket-branded devices, and a wide selection of general cellular accessories. Through its Direct to Consumer segment, WCRS engages in the online and direct-to-consumer distribution of live plants, seeds, holiday gifts, and gardening supplies, marketed under the Park Seed, Jackson & Perkins, and Wayside Gardens labels. This segment also includes wholesale operations via the Park Wholesale brand. Furthermore, it offers home improvement and restoration items under the Van Dyke's Restorers brand, distributed through both online platforms and mail-order catalogs. The Manufacturing division produces equipment such as mowers, safety shelters, agricultural tools, timber management machinery, and string trimmers, primarily under the Swisher brand. Beyond its own product lines, this segment extends turnkey manufacturing solutions to other companies, encompassing services like powder coating, fabrication, assembly, distribution, welding, engineering, design, and general contract manufacturing. WCRS's Consumer Finance segment provides sub-prime, short-term, uncollateralized, non-recourse cash advance and installment loans, alongside check cashing and various other financial services. It also owns and manages retail pawn shops. By December 31, 2021, the company's operational footprint included 229 cellular retail outlets, 19 payday loan establishments across Iowa, Kansas, North Dakota, and Wyoming, and 3 pawn shops located in Nebraska and Iowa. Incorporated in 2001, Western Capital Resources maintains its corporate headquarters in Omaha, Nebraska.

Website
www.westerncapitalresources.com
Location
Omaha, NE, US
Phone402 551 8888
Employees950
CEOJohn Quandahl
SectorConsumer Cyclical
Industry
Specialty Retail
IPO DateFeb 12, 2013

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Latest Documents

SEC Filings(321)

Expand
  • 8-KOther Events18 Jul 2022
  • 15-12GNotice of suspension of duty to file18 Jul 2022
  • 8-KOther Events17 May 2022
  • 8-KOther Events13 May 2022
  • 10-QQ1ended 31 Mar 202213 May 2022
  • 10-KFY 2021ended 31 Dec 202129 Mar 2022
  • 8-KOther Events22 Feb 2022
  • 8-KRegulation FD Disclosure24 Jan 2022
  • 10-QQ3ended 30 Sept 202112 Nov 2021
  • 8-KOther Events9 Nov 2021
  • 4Statement of changes in beneficial ownership15 Sep 2021
  • 10-QQ2ended 30 Jun 202113 Aug 2021
  • 8-KOther Events11 Aug 2021
  • 10-QQ1ended 31 Mar 202114 May 2021
  • 8-KOther Events11 May 2021
  • SC 13D/AWESTERN CAPITAL RESOURCES, INC.12 Apr 2021
  • 10-KFY 2020ended 31 Dec 202031 Mar 2021
  • 8-KOther Events16 Feb 2021
  • SC 13D/AWESTERN CAPITAL RESOURCES, INC.1 Feb 2021
  • 4/AStatement of changes in beneficial ownership (amendment)21 Jan 2021

Mentions in Filings

  • … nce Division of Smith Barney Inc. (now known as Morgan Stanley Smith Barney LLC). Mr. Roberts has also served as the chairman of the board of Polished.com Inc. since April 2019 and has also been a director of <strong>Western Capital Resources, Inc.</strong> since May 2010. Mr. Roberts received his B.A. degree in English from Stanford University. We believe Mr. Roberts is qualified to serve on our board due to his extensive senior management experience in the indu …
    1847 Holdings LLCWestern Capital Resources, Inc.·10-K - ANNUAL REPORT FY 2025·FY25·31 Mar
  • … ***Ellery W. Roberts***. Mr. Roberts has been our Chairman, Chief Executive Officer and President since our inception in January 2013. Mr. Roberts brings over 20 years of private equity investing experience to our company. In July 2011, Mr. Roberts formed The 1847 Companies LLC, a company that is no longer active, where he began investing his own personal capital and capital of high net worth individuals in select transactions. Prior to forming T …
    1847 Holdings LLCWestern Capital Resources, Inc.·10-K/A - AMENDMENT NO. 1 TO FORM 10-K FY 2024·FY24·8 Aug 2025
  • … 022 to February 2023. Prior to joining the Company, Mr. Larson founded and served as the CFO of Cash Systems, Inc from 1999 to 2005 and served on its board through 2006. Mr. Larson also served on the board of <strong>Western Capital Resources, Inc.</strong> during 2009. In 2006 Mr. Larson founded and served as president of National Cash & Credit. In April 2016, the SEC filed a civil enforcement action against Mr. Larson and four other individuals alleging various …
    Outdoor Holding CoWestern Capital Resources, Inc.·10-K/A - Annual report (amendment) FY 2024·FY24·20 May 2025

Key Stats

Trading

Px/Chg 1D$13.62 / -6.07%
Avg Volume15.53
Beta-0.09
Mkt Cap124.05M
FD Mkt Cap119.68M

Float

Shrs Out/Float9.11M / 2.05M
Short Float0.00%
Days to Cover1.00
Stock Repurchased$150.58K

Current Valuation

EV115.58M
EV/EBITDA4.31
EV/Sales0.69
P/B1.54
P/S0.75
FCF Yield0.61%
ROE5.20%
ROA3.43%
Current Ratio3.08

Dividend

Cash$0.03
Yield62.42%
Yield (TTM)62.42%

Estimates

P/E11.73
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '19May '20May '21May '22Sep '26
PRICE-BASED RATIOS
Price / Earnings8.75-15.1315.836.826.5529.66
Price / Sales0.810.300.310.380.412.67
Price / Book Value0.880.540.590.840.881.54
Price / Free Cash Flow36.02-1.978.933.834.12165.19
ENTERPRISE VALUE METRICS
Enterprise Value50.619.925.845.546.4115.6
Enterprise Value / Sales0.690.170.220.300.282.49
Enterprise Value / EBITDA5.9610.792.031.851.8413.28
Enterprise Value / EBIT3.90-10.205.762.842.7718.32

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '18Dec '19Dec '20Dec '21
INCOME STATEMENT
Revenue12.8%114.3116.9150.0164.1
Gross Income8.8%65.466.479.284.2
EBITDA139%1.812.724.625.2
EBIT—-2.04.516.016.8
Net Income—-2.22.38.410.3
EPS (Diluted)—-0.240.250.881.12
BALANCE SHEET
Cash & ST Inv13.6%39.141.949.657.4
Total Assets13%80.491.9103.1116.2
Total Liabilities34.2%15.826.633.638.0
Total Shareholder Equity6.8%62.862.768.076.4
CASH FLOW
Net Operating Cash Flow—-16.34.815.517.4
Cap Ex1.8%-1.0-0.7-0.6-1.0
Free Cash Flow—-17.24.114.916.4

Enterprise Value Bridge

Millions USD21 Oct '26
Price (As of 21 Oct '26)13.65
Basic Shares9.11
Market Cap124.3
Diluted Shares9.12
Fully Diluted Shares Outstanding9.12
Fully Diluted Market Cap124.5
+Consolidated Debt20.6
−In-the-Money Convertible Debt—
+Capital Leases16.7
+Operating Leases—
−Cash & Equivalents-30.9
−Short-term Investments-26.7
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1.8
+Pension Liabilities—
Enterprise Value115.8

Segment data

Revenue

by Products and services

  • Sales And Associated Fees83%
  • Other Revenue14%
  • Financing Fees And Interest3%

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