GEMI GEMI Payments To Acquire Credit Card Receivable
Payments To Acquire Credit Card Receivable at other companies
Other financials
Where this comes from
Reported directly by GEMI in its filing.
Tagged under the XBRL concept gemi:PaymentsToAcquireCreditCardReceivable.
The official record: GEMI’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is GEMI's payments to acquire credit card receivable?
- GEMI (GEMI) reported payments to acquire credit card receivable of $489.31M in Q1 2026.
- How has GEMI's payments to acquire credit card receivable changed year-over-year?
- GEMI's payments to acquire credit card receivable increased by 309.5% year-over-year, from $119.49M to $489.31M.
- What does payments to acquire credit card receivable mean?
- This metric represents the cash outflows associated with purchasing credit card receivables from third-party originators or customers. It indicates the company's involvement in credit-based financial services and its strategy to generate interest income or fee revenue. High levels of acquisition suggest a business model focused on expanding its consumer credit footprint.