According to the firm, on a constant currency basis, its total consolidated revenue grew by $77.3m, or 39.1%, versus the corresponding quarter of last fiscal.
Total consumer lending revenue surged to $163m during the current quarter, with an increase of $62.3m, or 61.9%, compared to the prior year’s quarter.
Revenue from internet-based loans rose to $67.2m for the current quarter, against $15.2m for the three months ended on 31 March 2011.
For the three months ended 31 March 2012, the firm’s consolidated adjusted EBITDA stood at $76.7m, reflecting an increase of $17.8m, or 30.2%, compared to the prior year’s quarter.
As per the financial data released by the company, its diluted operating earnings per share was $0.53, up 23.3% during the third quarter of 2012, against diluted operating earnings per share of $0.43 during the same period last year.
DFC Global chairman and chief executive officer Jeff Weiss said the total consolidated revenue for the quarter increased by 36.5% to a record $270m, while total adjusted EBITDA increased by 30.2% to a record $76.7m.
"As a result of our successful diversification strategy, revenue derived from new products and geographies accounted for approximately 40.0% of our total consolidated revenue this quarter. Internet lending, which is our fastest growing product, generated a combined $67.2 million of revenue for the quarter compared to $15.2 million for the three months ended March 31, 2011," Weiss said.
