EZCORP Reports Fourth Quarter Fiscal Year 2020 Results

Rhea-AI Summary

EZCORP reported its fourth quarter results for fiscal 2020, ending September 30. Total revenues fell 22% to $166.9 million, with net revenues down 26% to $89.6 million. The decline was primarily due to a 34% drop in pawn service charges, attributed to lower average pawn loans outstanding. The company incurred a loss before taxes of $28.7 million and a diluted loss per share of $0.42. Despite these challenges, EZCORP is implementing cost-cutting measures projected to save over $12 million annually and is focused on operational improvements.

Positive

• Projected annual corporate expense reductions of $12 million
• Store-level operating costs cut by $14 million annually
• Pawn loans outstanding increased $18 million from the previous quarter

Negative

• Total revenues declined 22% year-over-year
• Pawn service charges dropped 34%
• Loss before taxes was $28.7 million compared to income in the prior year

EZCORP, Inc. (NASDAQ: EZPW) today announced results for its fourth quarter and fiscal year ended September 30, 2020.

All amounts in this release are from EZCORP continuing operations and in conformity with U.S. generally accepted accounting principles ("GAAP") unless otherwise noted. Comparisons shown in this release are to the same period in the prior year unless otherwise noted.

Results for the fourth quarter of fiscal 2020 were impacted by lower pawn service charges related to stimulus payments and ongoing COVID-19 headwinds, as well as charges and non-cash write-downs associated with the Company's efforts to simplify and streamline its business and other COVID-19 impacts. Given the typical delay between growth in pawn loan originations and pawn service charges, near-term pawn service charge revenue trends will continue to lag the recent stabilization and rebound in new loans made and pawn loans outstanding.

CEO COMMENTARY AND OUTLOOK

Chief Executive Officer Jason Kulas stated, "We continue to make progress on key strategic initiatives. First, we implemented a number of initiatives that will result in a reduction of annual corporate expenses of more than $12 million beginning in fiscal 2021. We have also lowered store-level operating costs by $14 million on an annualized basis. While a majority of those store-level savings will be added back as transaction activity continues to grow, we are realizing significant expense reductions, with an ongoing focus on extracting further operating efficiencies. Second, we continue to strengthen our core pawn business by increasingly leveraging data analytics across geographies to optimize pricing, productivity and returns. Third, recent efforts to rationalize non-core activities have included closing our CASHMAX business in Canada. Finally, we remain focused on innovation to broaden customer engagement across channels, improve the customer experience and capture new business. Our digital pawn servicing platform, Lana, and our other digital efforts have been refocused on achieving these goals.

"At EZCORP, we are focused on optimizing the unique and essential elements of our core pawn business to address customers’ short-term cash needs. We have implemented a culture of continuous operational improvements that will drive operating leverage as we grow and will improve earnings power and shareholder value over time. As we sharpen our focus on continuous improvement in our pawn business, our team is viewing all initiatives through the lens of whether they benefit our core business. We look forward to providing updates on these initiatives in future quarters."

RESULTS FOR FOURTH QUARTER OF FISCAL 2020

• Total revenues declined 22% to $166.9 million, and net revenues declined 26% to $89.6 million. These declines were driven by a reduction in revenue from pawn service charges (PSC), which was down 34% to $55.2 million as a result of lower average pawn loans outstanding (PLO) during the quarter.
• PLO balance at the end of the quarter was $131.3 million, 34% below the prior-year quarter. Pawn loan demand was significantly reduced in the third quarter and into the fourth quarter following economic stimulus actions in the U.S. and constrained traffic in Latin America. Activity levels have started to normalize, with PLO increasing $18.0 million during the quarter as compared to the third quarter of fiscal 2020.
• Operations expenses were $78.2 million, down $13.3 million, or 15%, $3.9 million of which is due to a reduction in accrued short-term and long-term incentive compensation. Administrative expenses decreased by $11.1 million due to a $17.0 million reduction in accrued short-term and long-term incentive compensation, offset by $4.9 million in increased labor costs.
• Management implemented strategic initiatives to remove over $12 million in annual corporate expenses beginning in fiscal 2021 and $14 million related to store-level operating costs, a majority of which will be added back as transaction activity continues to increase.
• Loss before taxes was $28.7 million and diluted loss per share was $0.42, compared to income before taxes of $0.4 million and diluted loss per share of $0.01, respectively, in the prior-year quarter. On an adjusted basis¹, loss before taxes was $2.9 million and diluted earnings per share was $0.07, compared to profit before taxes of $10.0 million and diluted earnings per share of $0.13, respectively, in the prior-year quarter.
• Net inventory of $95.9 million decreased 47%, reflecting annualized inventory turnover of 2.8x. Merchandise sales gross margin of 31% decreased 200 bps, but when excluding a $2.6 million increase in reserves resulting from the impact of COVID-19, merchandise sales gross margin was flat at 33%.
• Cash and cash equivalents increased $147.0 million to $304.5 million as of the end of the quarter, with most of the increase attributable to the decline in PLO.
• During the quarter, management began to implement cost savings and refocus initiatives designed to improve bottom line performance and position the Company for sustainable growth focused on the core pawn business. As a result of these initiatives, we recorded the following pre-tax charges in the quarter:
  • $6.4 million in severance benefits related to the elimination of certain management positions;
  • $4.9 million associated with the closure of the CASHMAX business in Canada and related operations;
  • $4.1 million associated with the closure of four stores in U.S. Pawn and three stores in Latin America Pawn; and
  • $5.0 million of other miscellaneous charges.

CONSOLIDATED RESULTS

Three Months Ended September 30
in millions, except per share amounts

		As Reported								Adjusted1
		2020				2019				2020				2019
Total Revenues		$	166.9			$	214.3			$	170.9			$	214.3
Net Revenues		$	89.6			$	120.9			$	91.3			$	121.1
(Loss) Income from Continuing Operations, Before Tax		$	(28.7	)		$	0.4			$	2.9			$	10.0
Net (Loss) Income from Continuing Operations		$	(23.3	)		$	(0.6	)		$	3.8			$	7.4
Diluted Earnings Per Share from Continuing Operations		$	(0.42	)		$	(0.01	)		$	0.07			$	0.13
Adjusted EBITDA1		$	(16.0	)		$	12.1			$	12.0			$	19.3

• Total revenues decreased 22% to $166.9 million. PSC was down 34% to $55.2 million due to lower average PLO during the quarter. PLO increased 16% from June 30 to September 30, compared to a 5% sequential gain in the same period of the prior year.
• Merchandise sales declined 2%, driven primarily by lower inventory levels.
• Scrap sales declined 72% due to a lack of diamond scrap sales in the quarter as compared to the prior year. Jewelry scrap activity was lower than the prior year in response to lower inventory levels, but the impact of lower volume was lessened by margin improvement to 28%, as compared to 10% in the prior-year quarter. Gross profit on scrap sales decreased 24% to $1.7 million.
• Net revenues were down 26% to $89.6 million. Consolidated merchandise sales gross profit decreased 7% to $32.3 million, while consolidated merchandise sales gross margin was 31%. When excluding a $2.6 million increase in inventory reserves resulting from the impact of COVID-19, consolidated merchandise sales gross margin was 33%.
• Consolidated operations expenses decreased 15% primarily due to cost-cutting initiatives at the store level. Total pawn store count increased 1%, consisting of a net 13 stores opened since the end of the prior-year quarter. Administrative expense decreased 78% to $3.1 million, primarily due to a $17.0 million reduction in accrued short-term and long-term incentive compensation, offset by $4.9 million in increased labor costs.

SEGMENT RESULTS

U.S. Pawn

• Total revenue was down 23%, reflecting the impact of lower average PLO on PSC revenue, which was down 32%.
• PLO decreased 32% to $106.3 million, but increased $19.5 million, or 23%, since the end of June, compared to a 6% sequential increase during the same period of the prior year.
• Gross profit on merchandise sales grew $0.7 million, or 2%, reflecting expanded sales margins, partially offset by a 3% reduction in merchandise sales volume, driven primarily by lower inventory levels. Merchandise sales gross margin was 37% (39%, when excluding an increase in inventory reserves of $1.4 million resulting from the impact of COVID-19), at the high end of our targeted range. Annualized inventory turns were 2.5x, a 32% increase over the prior year. Aged general merchandise inventory improved to 4% from 6% in the prior year.
• Segment contribution decreased $14.6 million to $7.6 million. This decrease was the result of a $20.5 million reduction in PSC, partially offset by a $8.4 million reduction in operating expenses ($2.4 million of which attributable to a reduction in accrued short-term and long-term incentive compensation).

Latin America Pawn

• Merchandise sales grew 2%, to $27.3 million (11% to $30.0 million on a constant currency basis). Merchandise sales gross margin was 13% (17% when excluding an increase in inventory reserves of $1.2 million resulting from the impact of COVID-19). Aged general merchandise inventory increased to 8% from 6% in the prior year, but declined sequentially from 19% at the end of the prior quarter.
• PSC decreased 38% to $12.0 million (down 32% to $13.1 million on a constant currency basis) as a result of lower average PLO for the quarter and a lower yield on pawn loans, reflecting our commitment to work with customers by negotiating reduced interest payments on a case-by-case basis.
• Net revenues decreased 40% to $16.0 million (down 33% to $17.8 million on a constant currency basis) primarily due to lower PSC.
• Operations expense was tightly managed, down 16% to $16.4 million.
• Latin America Pawn added seven de novo stores in the quarter. New store openings typically pressure earnings in the short term as they ramp up, but drive higher profitability over time.
• Segment loss for the quarter was $3.9 million ($4.2 million on a constant currency basis), compared to a contribution of $5.8 million in the prior year quarter, primarily reflecting lower PSC revenues.

FORM 10-K

EZCORP’s Annual Report on Form 10-K for fiscal 2020 has been filed with the Securities and Exchange Commission. The report is available in the Investor Relations section of the Company’s website at http://investors.ezcorp.com. EZCORP shareholders may obtain a paper copy of the report, free of charge, by sending a request to the investor relations contact below.

CONFERENCE CALL

EZCORP will host a conference call on Tuesday, December 15, 2020, at 7:00 am Central Time to discuss fiscal fourth quarter results. Analysts and institutional investors may participate on the conference call by dialing (877) 407-0789, Conference ID: 13713707, or internationally by dialing (201) 689-8562. The conference call will be webcast simultaneously to the public through this link: http://investors.ezcorp.com/. A replay of the conference call will be available online at http://investors.ezcorp.com/ shortly after the end of the call. 

ABOUT EZCORP

Formed in 1989, EZCORP has grown into a leading provider of pawn loans in the United States and Latin America. We also sell merchandise, primarily collateral forfeited from pawn lending operations and used merchandise purchased from customers. We are dedicated to satisfying the short-term cash needs of consumers who are both cash and credit constrained, focusing on an industry-leading customer experience. EZCORP is traded on NASDAQ under the symbol EZPW and is a member of the Russell 2000 Index, S&P 1000 Index and Nasdaq Composite Index.

FORWARD LOOKING STATEMENTS

This announcement contains certain forward-looking statements regarding the company’s strategy, initiatives and expected performance. These statements are based on the Company’s current expectations as to the outcome and timing of future events. All statements, other than statements of historical facts, including all statements regarding the company's strategy, initiatives and future performance, that address activities or results that the company plans, expects, believes, projects, estimates or anticipates, will, should or may occur in the future, including future financial or operating results, are forward-looking statements. Actual results for future periods may differ materially from those expressed or implied by these forward-looking statements due to a number of uncertainties and other factors, including operating risks, liquidity risks, legislative or regulatory developments, market factors, current or future litigation and risks associated with the COVID-19 pandemic. For a discussion of these and other factors affecting the Company’s business and prospects, see the Company’s annual, quarterly and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

1 “Adjusted” basis, which is a non-GAAP measure, excludes certain items. “Constant currency” basis, which is a non-GAAP measure, excludes the impact of foreign currency exchange rate fluctuations. “Free cash flow,” which is a non-GAAP measure, includes certain adjustments to cash flow from operating activities.

For additional information about these calculations, as well as a reconciliation to the most comparable GAAP financial measures, see “Non-GAAP Financial Information” at the end of this release.

EZCORP, Inc. CONSOLIDATED STATEMENTS OF OPERATIONS
		Three Months Ended September 30,								Fiscal Year Ended September 30,
		2020				2019				2020				2019
		(Unaudited)
		(in thousands, except per share amounts)
Revenues:
Merchandise sales		$	105,118			$	107,189			$	498,213			$	453,375
Jewelry scrapping sales		6,244				22,572				47,953				60,445
Pawn service charges		55,231				83,068				272,638				327,366
Other revenues		267				1,510				4,007				6,043
Total revenues		166,860				214,339				822,811				847,229
Merchandise cost of goods sold		72,770				72,325				334,481				297,508
Jewelry scrapping cost of goods sold		4,512				20,287				38,041				52,935
Other cost of revenues		(39		)		871				1,054				2,338
Net revenues		89,617				120,856				449,235				494,448
Operating expenses:
Operations		78,205				91,525				341,040				358,253
Administrative		3,100				14,167				49,897				55,990
Impairment of goodwill, intangible and other assets		7,606				—				54,666				—
Depreciation and amortization		7,653				7,683				30,827				28,797
Loss on sale or disposal of assets and other		(459		)		756				801				4,399
Other charges		20,388				—				20,388				—
Total operating expenses		116,493				114,131				497,619				447,439
Operating (loss) income		(26,876		)		6,725				(48,384		)		47,009
Interest expense		5,883				5,425				22,472				32,637
Interest income		(761		)		(1,449		)		(3,173		)		(11,086		)
Equity in net loss (income) of unconsolidated affiliates		(3,467		)		767				2,429				135
Impairment of investment in unconsolidated affiliates		—				—				—				19,725
Other (income) expense		198				1,545				(17		)		1,424
Income from continuing operations before income taxes		(28,729		)		437				(70,095		)		4,174
Income tax (benefit) expense		(5,389		)		1,029				(1,632		)		2,406
(Loss) income from continuing operations, net of tax		(23,340		)		(592		)		(68,463		)		1,768
Loss from discontinued operations, net of tax		—				(53		)		—				(457		)
Net (loss) income		(23,340		)		(645		)		(68,463		)		1,311
Net loss attributable to noncontrolling interest		—				—				—				(1,230		)
Net (loss) income attributable to EZCORP, Inc.		$	(23,340	)		$	(645	)		$	(68,463	)		$	2,541
Basic (loss) earnings per share attributable to EZCORP, Inc. — continuing operations		$	(0.42	)		$	(0.01	)		$	(1.24	)		$	0.05
Diluted (loss) earnings per share attributable to EZCORP, Inc. — continuing operations		$	(0.42	)		$	(0.01	)		$	(1.24	)		$	0.05
Weighted-average basic shares outstanding		55,070				55,446				55,313				55,341
Weighted-average diluted shares outstanding		55,070				55,446				55,313				55,984

EZCORP, Inc. CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share amounts)
		September 30,
		2020				2019
Assets:
Current assets:
Cash and cash equivalents		$	304,542			$	157,567
Restricted cash		8,011				4,875
Pawn loans		131,323				199,058
Pawn service charges receivable, net		20,580				31,802
Inventory, net		95,891				179,355
Notes receivable, net		—				7,182
Prepaid expenses and other current assets		32,903				25,921
Total current assets		593,250				605,760
Investments in unconsolidated affiliates		32,458				34,516
Property and equipment, net		56,986				67,357
Lease right-of-use asset		183,809				—
Goodwill		257,582				300,527
Intangible assets, net		58,638				68,044
Notes receivable, net		1,148				1,117
Deferred tax asset, net		8,931				1,998
Other assets		4,221				4,383
Total assets		$	1,197,023			$	1,083,702
Liabilities and equity:
Current liabilities:
Current maturities of long-term debt, net		$	213			$	214
Accounts payable, accrued expenses and other current liabilities		71,504				77,957
Customer layaway deposits		11,008				12,915
Lease liability		49,742				—
Total current liabilities		132,467				91,086
Long-term debt, net		251,016				238,380
Deferred tax liability, net		524				1,985
Lease liability		153,040				—
Other long-term liabilities		10,849				7,302
Total liabilities		547,896				338,753
Commitments and contingencies
Stockholders’ equity:
Class A Non-Voting Common Stock, par value $0.01 per share; shares authorized: 100 million; issued and outstanding: 52,332,848 as of September 30, 2020 and 52,565,064 as of September 30, 2019		521				526
Class B Voting Common Stock, convertible, par value $0.01 per share; shares authorized: 3 million; issued and outstanding: 2,970,171 as of September 30, 2020 and 2019		30				30
Additional paid-in capital		398,475				407,628
Retained earnings		318,169				389,163
Accumulated other comprehensive loss		(68,068		)		(52,398		)
Total equity		649,127				744,949
Total liabilities and equity		$	1,197,023			$	1,083,702

EZCORP, Inc. CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands)
		Fiscal Year Ended September 30,
		2020				2019				2018
		(in thousands)
Operating activities:
Net (loss) income		$	(68,463	)		$	1,311			$	36,294
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization		30,827				28,797				25,484
Amortization of debt discount and deferred financing costs		13,200				19,759				17,595
Amortization of lease right-of-use asset		45,649				—				—
Accretion of notes receivable discount and deferred compensation fee		(821		)		(4,524		)		(9,150		)
Deferred income taxes		(8,393		)		1,616				7,916
Impairment of goodwill, intangibles and other assets		54,666				—				—
Other adjustments		1,652				5,776				2,607
Reserve on jewelry scrap receivable		—				3,646				—
Stock compensation expense		(5,094		)		9,751				10,784
Equity in net loss (gain) from investment in unconsolidated affiliates		2,429				135				(5,529		)
Impairment of investment in unconsolidated affiliates		—				19,725				11,712
Changes in operating assets and liabilities, net of business acquisitions:
Pawn service charges receivable		11,021				(732		)		(1,788		)
Inventory		17,043				(493		)		(1,074		)
Prepaid expenses, other current assets and other assets		(875		)		5,732				477
Accounts payable, accrued expenses and other liabilities		(37,401		)		22,246				(3,271		)
Customer layaway deposits		(1,647		)		1,176				709
Income taxes, net of excess tax benefit from stock compensation		(4,715		)		(10,404		)		(3,785		)
Net cash provided by operating activities		49,078				103,517				88,981
Investing activities:
Loans made		(568,368		)		(737,585		)		(707,220		)
Loans repaid		394,469				434,142				421,331
Recovery of pawn loan principal through sale of forfeited collateral		304,323				288,502				266,962
Capital expenditures, net		(28,526		)		(38,839		)		(40,474		)
Acquisitions, net of cash acquired		—				(8,116		)		(93,165		)
Investment in unconsolidated affiliate		—				—				(14,036		)
Principal collections on notes receivable		8,000				34,067				32,396
Net cash provided by (used in) investing activities		109,898				(27,829		)		(134,206		)
Financing activities:
Taxes paid related to net share settlement of equity awards		(1,459		)		(3,288		)		(311		)
Payout of deferred consideration		(350		)		—				—
Proceeds from borrowings, net of issuance costs		912				1,064				171,409
Payments on borrowings		(198		)		(196,093		)		(3,510		)
Repurchase of common stock		(5,158		)		—				—
Net cash (used in) provided by financing activities		(6,253		)		(198,317		)		167,588
Effect of exchange rate changes on cash and cash equivalents and restricted cash		(2,612		)		(507		)		(654		)
Net increase (decrease) in cash and cash equivalents and restricted cash		150,111				(123,136		)		121,709
Cash and cash equivalents and restricted cash at beginning of period		162,442				285,578				163,869
Cash and cash equivalents and restricted cash at end of period		$	312,553			$	162,442			$	285,578
Supplemental disclosure of cash flow information
Cash and cash equivalents		$	304,542			$	157,567			$	285,311
Restricted cash		8,011				4,875				267
Total cash and cash equivalents and restricted cash		$	312,553			$	162,442			$	285,578
Cash paid during the period for interest		$	8,489			$	12,900			$	8,412
Cash paid during the period for income taxes, net		$	9,753			$	11,132			$	13,676
Non-cash investing and financing activities:
Pawn loans forfeited and transferred to inventory		$	241,252			$	301,357			$	274,590

EZCORP, Inc. OPERATING SEGMENT RESULTS (Unaudited and in thousands)
	Three Months Ended September 30, 2020
	U.S. Pawn				Latin America Pawn				Lana				Other International				Total Segments				Corporate Items				Consolidated
	(in thousands)
Revenues:
Merchandise sales	$	77,862			$	27,256			$	—			$	—			$	105,118			$	—			$	105,118
Jewelry scrapping sales	3,786				2,458				—				—				6,244				—				6,244
Pawn service charges	43,222				12,009				—				—				55,231				—				55,231
Other revenues	43				(50		)		21				253				267				—				267
Total revenues	124,913				41,673				21				253				166,860				—				166,860
Merchandise cost of goods sold	49,056				23,714				—				—				72,770				—				72,770
Jewelry scrapping cost of goods sold	2,634				1,878				—				—				4,512			{ "@context": "https://schema.org", "@type": "FAQPage", "name": "EZCORP Reports Fourth Quarter Fiscal Year 2020 Results FAQs", "mainEntity": [ { "@type": "Question", "name": "What were EZCORP's total revenues for Q4 fiscal 2020?", "acceptedAnswer": { "@type": "Answer", "text": "EZCORP's total revenues for Q4 fiscal 2020 were <b>$166.9 million</b>, a <b>22%</b> decrease from the previous year." } }, { "@type": "Question", "name": "How much did pawn service charges decrease for EZCORP?", "acceptedAnswer": { "@type": "Answer", "text": "Pawn service charges for EZCORP decreased by <b>34%</b> to <b>$55.2 million</b> in Q4 fiscal 2020." } }, { "@type": "Question", "name": "What is EZCORP's outlook after the Q4 fiscal 2020 results?", "acceptedAnswer": { "@type": "Answer", "text": "EZCORP's management is focused on implementing cost reductions and operational efficiencies, anticipating more than <b>$12 million</b> in annual savings." } }, { "@type": "Question", "name": "What was EZCORP's diluted loss per share for Q4 fiscal 2020?", "acceptedAnswer": { "@type": "Answer", "text": "EZCORP reported a diluted loss per share of <b>$0.42</b> for Q4 fiscal 2020." } }, { "@type": "Question", "name": "What strategic initiatives has EZCORP implemented recently?", "acceptedAnswer": { "@type": "Answer", "text": "EZCORP has implemented initiatives resulting in significant corporate and store-level cost reductions, focusing on strengthening its core pawn business." } } ] } FAQ What were EZCORP's total revenues for Q4 fiscal 2020? EZCORP's total revenues for Q4 fiscal 2020 were $166.9 million, a 22% decrease from the previous year. How much did pawn service charges decrease for EZCORP? Pawn service charges for EZCORP decreased by 34% to $55.2 million in Q4 fiscal 2020. What is EZCORP's outlook after the Q4 fiscal 2020 results? EZCORP's management is focused on implementing cost reductions and operational efficiencies, anticipating more than $12 million in annual savings. What was EZCORP's diluted loss per share for Q4 fiscal 2020? EZCORP reported a diluted loss per share of $0.42 for Q4 fiscal 2020. What strategic initiatives has EZCORP implemented recently? EZCORP has implemented initiatives resulting in significant corporate and store-level cost reductions, focusing on strengthening its core pawn business. Ezcorp Inc NASDAQ:EZPW EZPW Rankings N/A Ranked by Market Cap N/A Ranked by Dividends EZPW Latest News Feb 5, 2025 EZCORP Reports First Quarter Fiscal 2025 Results Record PLO Drives Strong Increase in Net Income Feb 4, 2025 EZCORP to Release First Quarter Fiscal 2025 Results After Market Close on Wednesday, February 5th, 2025 Nov 13, 2024 EZCORP Reports Fourth Quarter and Full Year Fiscal 2024 Results Nov 12, 2024 EZCORP to Release Fourth Quarter and Full Year Fiscal 2024 Results After Market Close on Wednesday, November 13, 2024 Sep 11, 2024 EZCORP Announces Agreement to Acquire 53 Pawn Stores in Mexico EZPW Stock Data Market Cap 742.77M Float 49.09M Insiders Ownership 4.26% Institutions Ownership 115.61% Short Percent 15.35% Industry Credit Services Sector Retail-miscellaneous Retail Website Link Country United States City ROLLINGWOOD Explore About Rhea-AI Sitemap Legal Terms of Use Cookie Notice Privacy Policy Links RSS feed Patreon Discord Server Facebook Reddit Google News © 2020-2025 StockTitan.net