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Enova Reports Third Quarter 2021 Results Total revenue increased 21 % sequentially and 57 % from the third quarter of 2020 to $ 320 million • Strong third quarter profitability with diluted earnings per share from continuing operations of $ 1.36 and adjusted earnings per share of $ 1.50 • Total company originations increased 26 % sequentially to a record $ 856 million • . Continued strong credit performance with consolidated portfolio net charge - offs as a percentage of average combined loan and finance receivables of 4.2 % , down from 4.7 % in the third quarter of 2020 At September 30 , cash and marketable securities totaled $ 306 million and available capacity on committed facilities totaled $ 694 million CHICAGO , October 28 , 2021 / PRNewswire / -- Enova International ( NYSE : ENVA ) , a leading financial technology company powered by machine learning and artificial intelligence , today announced financial results for the third quarter ending September 30 , 2021 . " We are pleased to again report a strong quarter of growth across all of our businesses , " said David Fisher , Enova's CEO . " We continued to see rising demand , driven by increased spending as the economy recovers . Our accelerated marketing activities were highly successful in capturing the growing demand , particularly from new customers , which as a percentage of originations were the highest since the company's first year of operation . We expect this momentum to continue into the fourth quarter and believe that our demonstrated ability to capture market share combined with strong credit metrics provides good tailwinds as we enter 2022. " Third Quarter 2021 Summary • Total revenue of $ 320 million in the third quarter of 2021 increased 57 % from $ 205 million in the third quarter of 2020 . • Net revenue margin of 77 % in the third quarter of 2021 compared to 89 % in the third quarter of 2020 . • Net income from continuing operations of $ 52 million , or $ 1.36 per diluted share , in the third quarter • of 2021 , compared to $ 94 million , or $ 3.09 per diluted share , in the third quarter of 2020 . Third quarter 2021 adjusted EBITDA of $ 100 million , a non - GAAP measure , compared to $ 136 million in the third quarter of 2020 . Adjusted earnings of $ 57 million , or $ 1.50 per diluted share , both non - GAAP measures , in the third quarter of 2021 , compared to adjusted earnings of $ 90 million , or $ 2.97 per diluted share , in the third quarter of 2019 . " We are encouraged by the growth in originations this quarter and our ability to deliver solid top and bottom- line results , " said Steve Cunningham , CFO of Enova . “ Credit performance across the portfolio remains very good , which contributed to our strong financial results this quarter . Looking forward , given the improving macroeconomic environment we expect credit to remain a tailwind and this is reflected in the fair value of our portfolio as we exited the quarter . ”