Encore Capital Group, Inc. - Company Capsule by ICDResearch

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									Encore Capital Group, Inc.

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Encore Capital Group, Inc. - Company Capsule
Reference Code: FS0038CC
Published Date: April 2011




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Encore Capital Group, Inc. - Company Capsule                                        Page 1
Encore Capital Group, Inc.

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Encore Capital Group, Inc. - Company Overview

Encore Capital Group, Inc. (Encore) is a purchaser and manager of charged-off consumer receivable portfolios from
national financial institutions, retail credit corporations and resellers. The company’s receivable portfolio is comprised of
unsecured, charged-off domestic consumer credit card, telecom and healthcare receivables. It also includes auto
deficiency and telecom. Encore operates through its wholly owned subsidiary Ascension Capital Group, a provider of
bankruptcy services to the finance industry. The company principally operates in California, Arizona, Minnesota, Texas in
the US and India. Its key subsidiaries include Midland Credit Management, Inc., MRC Receivables Corporation and
Midland Funding NCC-2 Corporation, Midland Portfolio Services, Inc. and Midland Funding LLC. The company is
headquartered in San Diego, California, US.


Financial Performance

The company reported revenue of US$316.42 million during the fiscal year ended 2009. The company's revenue grew at
a CAGR of 11.61% during the period 2007-2009 with a year on year growth of 23.65% over fiscal year 2008. During the
fiscal year 2009, its operating margin was 22.09% as against the operating margin of 17.1% in fiscal year 2008. During
the fiscal year 2009, the company registered a net margin of 10.44% as against the net margin of 5.41% in the fiscal year
2008.




Encore Capital Group, Inc. - Key Facts

Encore Capital Group, Inc., Key Facts

                                  8875 Aero Drive, San Diego,
                                  California (CA), 92123, United    Ticker Symbol, Stock
Corporate Address:                                                                             ECPG (NASDAQ)
                                                                    Exchange
                                  States


Telephone                          + 1 877 4454581                  No. of Employees           1,638



Fax                                + 1 800 3064443                  Financial Year End         December



URL                               www.encorecapitalgroup.com        Revenue (in USD Million)   316.42



Industry                          Financial Services



Locations                         United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Encore Capital Group, Inc. - Company Capsule                                                                        Page 2
Encore Capital Group, Inc.

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Encore Capital Group, Inc. - Major Products and Services

Encore Capital Group, Inc. is a purchaser and manager of charged-off consumer receivable portfolios from national
financial institutions, retail credit corporations and resellers. The company's key services include the following:

Encore Capital Group, Inc., Major Products and Services
Services:

Portfolio acquisition

Payment collection
Source: Annual Report, Company Website, Primary and Secondary Research




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Encore Capital Group, Inc. - Company Capsule                                                                      Page 3
Encore Capital Group, Inc.

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Encore Capital Group, Inc. - Key Competitors

The following companies are the major competitors of Encore Capital Group, Inc.:

Nicholas Financial, Inc.

Asset Acceptance Capital Corp.

NCO Group, Inc

Asta Funding, Inc.

Rampart Capital Corporation




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Encore Capital Group, Inc. - Company Capsule                                        Page 4
Encore Capital Group, Inc.

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Encore Capital Group, Inc. - Key Employees


Encore Capital Group, Inc., Key Employees


            Name                           Job Title                       Board Level     Since   Age


                           Senior Vice President - Human
Alison James                                                         Senior Management
                           Resources
                           Senior Vice President - Legal
                           Collections Operations, Senior Vice
Ashish Masih                                                     Senior Management
                           President, General Counsel, Corporate
                           Secretary
                           General Manager, Senior Vice
Blair Korschun                                                       Senior Management
                           President


George Lund                Chairman                                  Executive Board       2007    44


                           President, Chief Executive Officer,
J Brandon Black                                                      Executive Board       2005    42
                           Director


J. Christopher Teets       Director                                  Non Executive Board   2007    36


Jim Syran                  Senior Vice President - Operations        Senior Management


John J. Oros               Director                                  Non Executive Board   2007    62


                           Senior Vice President, Chief
Olivier Baudoux                                                      Senior Management
                           Information Officer
                           Chief Financial Officer, Executive Vice
Paul Grinberg              President, Treasurer, President, Chief    Executive Board       2010    49
                           Executive Officer
                           Chief Financial Officer, Executive Vice
Paul Grinberg              President, Treasurer, President, Chief    Senior Management     2010    49
                           Executive Officer

Richard A. Mandell         Director                                  Non Executive Board   2007    66


Ronald E. Naves            Senior Vice President                     Senior Management


Timothy J. Hanford         Director                                  Non Executive Board   2007    45


Warren Wilcox              Director                                  Non Executive Board   2007    51


Willem Mesdag              Director                                  Non Executive Board   2007    55

Source: Annual Report, Company Website, Primary and Secondary Research




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Encore Capital Group, Inc. - Company Capsule                                                            Page 5
Encore Capital Group, Inc.

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Encore Capital Group, Inc. - Locations and Subsidiaries

Head Office

Encore Capital Group, Inc.
8875 Aero Drive
San Diego
California (CA)
Zip: 92123
United States
Tel: + 1 877 4454581
Fax: + 1 800 3064443



Other Locations & Subsidiaries

Encore Capital Group, Inc., Subsidiaries

Ascension Capital Group, Inc.                                       Midland Credit Management (Mauritius) Ltd
United States                                                       Mauritius




                                                                    Midland Credit Management, Inc.
Midland Credit Management India Private Limited
                 
								
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