Short answer
PROG Holdings, Inc. (PRG) filed an 8-K current report with the SEC on April 7, 2026 reporting Item EX-99.1 (Exhibit EX-99.1). P-Squared’s audited statements cover fiscal year ended December 31, 2024, supporting financial disclosure associated with PROG Holdings.
PROG Holdings, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item EX-99.1 · Exhibit EX-99.1
- P-Squared’s audited statements cover fiscal year ended December 31, 2024, supporting financial disclosure associated with PROG Holdings
- Revenue totaled $543.9M, but net loss reached $15.2M after $37.9M interest expense and $61.0M bad-debt expense
- Highly leveraged balance sheet: $489.1M long-term debt versus $590.7M assets and negative member equity of $13.7M
- Operating cash flow was $5.6M despite $107.0M member distributions and $255.9M long-term debt repayments
- Auditors issued an unqualified opinion dated March 16, 2026, with revision effects referenced to April 6, 2026
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