Enova International (ENVA) has reported a 40.44 percent jump in profit for the quarter ended Mar. 31, 2017. The company has earned $13.85 million, or $0.41 a share in the quarter, compared with $9.86 million, or $0.30 a share for the same period last year. On the other hand, adjusted net income for the quarter stood at $15.41 million, or $0.45 a share compared with $10.27 million or $0.31 a share, a year ago.

Revenue during the quarter grew 10.08 percent to $192.26 million from $174.65 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $43.89 million compared with $37.80 million in the prior year period. At the same time, adjusted EBITDA margin improved 118 basis points in the quarter to 22.83 percent from 21.65 percent in the last year period.

"We had a strong start to 2017, driven by healthy demand, particularly from new customers, and good credit performance," said Enova's chief executive officer, David Fisher. "We delivered solid performance across our six growth businesses and saw strong profit growth, which are a testament to our leading competitive position, focused growth strategy, and solid balance sheet with diversified funding. We remain committed to serving customers by further expanding our reach and market share, and we are excited about the opportunities ahead of us."

Enova International expects revenue to be in the range of $190 million to $200 million for financial year 2017.

Total assets stood at $985.41 million as on Mar. 31, 2017, up 7.67 percent compared with $915.18 million on Mar. 31, 2016. On the other hand, total liabilities stood at $726.94 million as on Mar. 31, 2017, up 4.21 percent from $697.57 million on Mar. 31, 2016.

Shareholders equity stood at $258.47 million as on Mar. 31, 2017, up 18.78 percent or $40.87 million from year-ago.