MEDIUMBuilt-inGeographic
43%
international operations
“10-K Item 1A: 'We are a global business with operations in 18 countries. In 2025, our international operations represented 43% of our total portfolio income.'”
PRAA · Concentration risk · 10-K extracted
PRA Group (PRAA) concentration risks
Updated
The most significant concentration PRA Group discloses is international operations at 43%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: PRA Group’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06PRA Group's disclosed concentration is geographic rather than customer- or supplier-based: the company operates in 18 countries, and in 2025 its international operations represented 43% of total portfolio income. This is a structural exposure — a function of how PRA Group has built out its geographic footprint — rather than a dependency on any single customer, vendor, or counterparty, and its moderate share means the business is not dominated by any one region, including its home market, but does carry a meaningful cross-border component. Because portfolio income is generated across multiple countries, currency movements, local collection-market conditions, and country-specific regulatory changes in the international book could all affect a share of income large enough to matter to the overall result, even though it does not represent a majority of the total. With only one exposure disclosed in the source and no further breakdown by specific country, region, or currency, the practical takeaway is narrower than for names with multiple concentration types: geographic diversification into international markets is a real but moderate factor in PRA Group's risk profile, worth monitoring for country-specific shocks but not, on its own, likely to dominate the investment case the way a majority-share exposure would.
For the engine’s reasoning on PRAA’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Credit Services
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AGM | Federal Agricultural Mortgage C | 3 | 0 | 0 | 3 |
| AGM-A | Federal Agricultural Mortgage C | 3 | 0 | 0 | 3 |
| AFRM | Affirm Holdings, Inc. | 2 | 1 | 0 | 3 |
| ATLC | Atlanticus Holdings Corporation | 1 | 1 | 0 | 2 |
| ALLY | Ally Financial Inc. | 0 | 1 | 0 | 1 |
| PRAA● | PRA Group, Inc. | 0 | 1 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.