EZCORP Terminates Acquisition Agreement with Presta Dinero

EZCORP, Inc., a significant player in pawn services in the U.S. and Latin America, has announced the termination of its acquisition agreement with Presta Dinero, S.A. de C.V., which was intended for the purchase of 53 stores in Mexico. This agreement had initially been set on September 10, 2024. Despite the setback, CEO Lachie Given affirmed EZCORP's ongoing interest in expanding its operations in Mexico where it already operates over 560 stores. EZCORP, established in 1989 and publicly traded on NASDAQ, remains optimistic about growth opportunities through opening new stores and potential acquisitions, underlining its commitment to serving consumers with cash and credit constraints. The company also highlights the inherent uncertainties in its forward-looking projections which can be influenced by various operational, legislative, and market dynamics.