Kobalt today reported that its gross collections grew by 15% to $548 million in the fiscal year ending June 30, 2021. The company also reported its first-ever year of profitability with $48.5 million EBITDA. The company also said it expects to approach $625 million in gross collections and near $65 million in EBITDA profit for the next fiscal year ending June 30, 2022.
Source: Kobalt Reports First Year of Profitability, With 15% Growth in Collections