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Western Capital Resources, Inc. (WCRS)

USD13.14 +0.00 (+0.00%)
US OTC Consumer Cyclical Specialty Retail
Address 11550 I Street 68137
Omaha, NE, US
CEO John Quandahl
IPO 2013-02-12
CIK 1363958 ISIN US9578813035

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Description

Western Capital Resources, Inc. (WCRS) operates a diverse retail enterprise across the United States, facilitated by its various subsidiaries. Its operations are structured into four distinct segments: Cellular Retail, Direct to Consumer, Manufacturing, and Consumer Finance. The Cellular Retail division functions as an official Cricket Wireless partner, providing customers with cellular phones, accessories, and complementary services, while also serving as a payment hub. Its Cricket-branded stores deliver a comprehensive suite of offerings, such as Cricket wireless service plans, plan enhancements (e.g., Cricket International, country-specific add-ons, Cricket Protect, and mobile hotspots), Cricket-branded devices, and a wide selection of general cellular accessories. Through its Direct to Consumer segment, WCRS engages in the online and direct-to-consumer distribution of live plants, seeds, holiday gifts, and gardening supplies, marketed under the Park Seed, Jackson & Perkins, and Wayside Gardens labels. This segment also includes wholesale operations via the Park Wholesale brand. Furthermore, it offers home improvement and restoration items under the Van Dyke's Restorers brand, distributed through both online platforms and mail-order catalogs. The Manufacturing division produces equipment such as mowers, safety shelters, agricultural tools, timber management machinery, and string trimmers, primarily under the Swisher brand. Beyond its own product lines, this segment extends turnkey manufacturing solutions to other companies, encompassing services like powder coating, fabrication, assembly, distribution, welding, engineering, design, and general contract manufacturing. WCRS's Consumer Finance segment provides sub-prime, short-term, uncollateralized, non-recourse cash advance and installment loans, alongside check cashing and various other financial services. It also owns and manages retail pawn shops. By December 31, 2021, the company's operational footprint included 229 cellular retail outlets, 19 payday loan establishments across Iowa, Kansas, North Dakota, and Wyoming, and 3 pawn shops located in Nebraska and Iowa. Incorporated in 2001, Western Capital Resources maintains its corporate headquarters in Omaha, Nebraska.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD13.14 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
188
Beta
-0.20
Float Shares
2.05M
Free Float %
22.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% -6.32% -6.32% +21.36% +0.13% +33.50% +256.00% +128.86% +273.43% -19.90%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
13.14
DCF (Unlevered) 37.16 +182.8%
DCF (Levered) 12.61 -4.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.18
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
7 / 10
Strong MOAT
Operational MOAT
✗ Below peers
  • Revenue growth Specialty Retail: +6.4%
    +9.5% Q1'22: +5.1% (vs Q1'21)
  • EPS growth Specialty Retail: +20.6%
    +27.3% Q1'22: +9.5% (vs Q1'21)
  • FCF margin FCF growth · Specialty Retail: +29.3%
    +8.5% Q1'22: +1.6% (vs Q1'21)
  • EBIT margin Specialty Retail: +5.4%
    +10.2% Q1'22: +13.6% (vs Q1'21)
  • ROIC Specialty Retail: +6.5%
    +32.4% Q1'22: +43.9% (vs Q1'21)
  • Share dilution Specialty Retail: +0.1%
    -3.1% Q1'22: -1.5% (vs Q1'21)
  • Debt / EBITDA Net debt/EBITDA · Specialty Retail: 0.14×
    0.80× Q1'22: 0.59× (vs Q1'21)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.18) × ERP
WACC = 88% × Ke + 12% × Kd (13.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 37.16 Current price: 13.14
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
13.38M
OE per share TTM
1.46
Owner's Yield
9.17%
Maintenance CapEx ratio
17.51%
Maint CapEx / Avg PPE
13.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
15
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Murry N. Gunty 6.84M 73.92% 847.7K 5.99M 847.7K 11.00 IN 2021-04-12
2 WCR Investments, LLC 5.60M 60.52% 5.60M 11.00 HC, OO 2021-04-12
3 BARCLAYS GLOBAL INVESTORS, NA. 4.34M 4.98% 416.7K 416.7K BK USA 2008-01-10
4 BCP 2 WCR, LLC 4.12M 44.51% 4.12M 4.12M 11.00 HC, OO 2021-04-12
5 WCR, LLC 4.12M 44.51% 4.12M 4.12M 11.00 OO 2021-04-12
6 Advisers LLC 2.38M 50.70% 2.38M 2.38M OO Minnesota 2006-08-18
7 Blackstreet Capital Management, LLC 1.48M 16.01% 1.48M 1.48M 11.00 OO 2021-04-12
8 BC Alpha Holdings I, LLC 1.48M 16.01% 1.48M 1.48M 11.00 OO 2021-04-12
9 Blackstreet Capital Advisors II, LLC 1.06M 11.44% 667.5K 390.6K 667.5K 11.00 OO 2021-04-12
10 (ENTITIES ONLY) 834.5K 11.00% 10.00 IN OR PLACE OF ORGANIZATION 2007-08-02
11 BCP II Swisher, LLC 390.6K 4.22% 390.6K 390.6K 11.00 OO 2021-04-12
12 Swisher Investments, LLC 390.6K 4.22% 390.6K 390.6K 11.00 OO 2021-04-12
13 Blackstreet Capital Advisors, LLC 74.8K 0.81% 74.8K 74.8K 11.00 OO 2021-04-12
14 Blackstreet Capital Investors, LLC 59.1K 0.64% 59.1K 59.1K 11.00 OO 2021-04-12
15 Blackstreet Capital Partners (QP) II, L.P. 0.00% 11.00 HC, PN 2021-04-12

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
1
Sells
0
Shares acquired
2.9K
Shares disposed
Cash buys
1.00
Cash sales
Net activity
+2,934
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2021-09-15 Donchev Angel Officer P-Purchase A Common Stock 2,934 7.79 22.8K 69,550
2021-01-08 MILLER RICHARD EDWARD Director A-Award A Common Stock 16,801 6.75 113.4K 108,967
2020-12-09 Donchev Angel Officer P-Purchase A Common Stock 2,000 6.40 12.8K 66,616
2020-12-08 Donchev Angel Officer P-Purchase A Common Stock 2,100 6.20 13.0K 64,616
2020-12-07 Donchev Angel Officer P-Purchase A Common Stock 300 6.45 1.9K 62,516
2020-12-01 Donchev Angel Officer P-Purchase A Common Stock 901 6.40 5.8K 62,216
2020-09-02 Donchev Angel Officer P-Purchase A Common Stock 2,050 5.80 11.9K 2,050
2020-08-20 Donchev Angel Officer P-Purchase A Common Stock 4,150 5.33 22.1K 61,315
2020-08-19 Donchev Angel Officer P-Purchase A Common Stock 2,300 5.34 12.3K 57,165
2019-09-03 Donchev Angel Officer P-Purchase A Common Stock 10,590 4.15 43.9K 54,865
2019-08-28 MYERS JACK Director 0 0.00 0
2019-08-26 MILLER RICHARD EDWARD Director P-Purchase A Common Stock 1,000 4.15 4.2K 92,166
2019-08-21 MILLER RICHARD EDWARD Director P-Purchase A Common Stock 1,000 4.20 4.2K 91,166
2019-06-17 Donchev Angel Officer P-Purchase A Common Stock 500 3.85 1.9K 44,275
2019-06-12 Donchev Angel Officer P-Purchase A Common Stock 500 3.85 1.9K 43,775
2019-06-07 Donchev Angel Officer P-Purchase A Common Stock 2 3.85 7.70 43,275
2019-06-06 Donchev Angel Officer P-Purchase A Common Stock 1,000 3.85 3.9K 43,273
2019-06-04 Donchev Angel Officer P-Purchase A Common Stock 1,000 3.85 3.9K 42,273
2019-06-03 Donchev Angel Officer P-Purchase A Common Stock 1,000 3.85 3.9K 41,273
2019-05-20 Donchev Angel Officer P-Purchase A Common Stock 10,000 3.75 37.5K 40,273
2018-08-30 Donchev Angel Officer P-Purchase A Common Stock 2,204 4.25 9.4K 30,273
2018-08-27 Donchev Angel Officer P-Purchase A Common Stock 2,796 4.25 11.9K 28,069
2018-08-23 Donchev Angel Officer P-Purchase A Common Stock 5,154 4.27 22.0K 25,273
2018-08-20 Donchev Angel Officer P-Purchase A Common Stock 500 4.27 2.1K 20,119
2018-08-17 Donchev Angel Officer P-Purchase A Common Stock 3,146 4.25 13.4K 18,419
2018-05-24 MILLER RICHARD EDWARD Director P-Purchase A Common Stock 1,801 4.00 7.2K 89,166
2018-05-23 MILLER RICHARD EDWARD Director P-Purchase A Common Stock 600 4.00 2.4K 87,365
2018-05-22 MILLER RICHARD EDWARD Director P-Purchase A Common Stock 599 4.00 2.4K 86,765
2018-05-21 MILLER RICHARD EDWARD Director P-Purchase A Common Stock 1,000 4.00 4.0K 86,166
2017-11-22 MILLER RICHARD EDWARD Director P-Purchase A Common Stock 1,000 6.13 6.1K 90,166
2017-08-16 Donchev Angel Officer D Common Stock 0 0.00 15,273
2016-06-03 Berger Lawrence S. Director P-Purchase A Common Stock 1,400 5.24 7.3K 4,600
2016-06-02 Berger Lawrence S. Director P-Purchase A Common Stock 2,000 5.25 10.5K 5,150
2016-06-01 QUANDAHL JOHN Director / Officer P-Purchase A Common Stock 20,000 5.00 100.0K 30,000
2015-08-11 Berger Lawrence S. Director J-Other A Common Stock 7,636 0.00 9,923
2015-07-02 Berger Lawrence S. Director J-Other A Common Stock 1,521 0.00 2,287
2015-07-01 KUBY KEVIN MORGAN PAUL Director D Common Stock 0 0.00 0
2015-07-01 Berger Lawrence S. Director J-Other A Common Stock 3,150 0.00 3,150
2015-04-16 Berger Lawrence S. Director J-Other A Common Stock 766 0.00 766
2015-04-16 BURKE GAY A Director J-Other D Common Stock 100,000 0.00 2,886,823
2014-10-01 Berger Lawrence S. Director D Common Stock 0 0.00 0
2014-10-01 BURKE GAY A Director D Common Stock 0 0.00 2,986,823
2012-12-10 WCR, LLC 10% Owner C-Conversion A Common Stock 9,700,000 0.00 54,427,922
2012-12-10 MILLER RICHARD EDWARD Director C-Conversion A Common Stock 300,000 0.00 1,683,336
2012-11-20 WCR, LLC 10% Owner X-InTheMoney A Common Stock 43,636,672 0.10 4.36M 44,727,922
2012-11-20 MILLER RICHARD EDWARD Director X-InTheMoney A Common Stock 1,349,586 0.10 135.0K 1,383,336
2012-06-13 QUANDAHL JOHN Director / Officer P-Purchase A Common Stock 200,000 0.08 16.0K 200,000
2012-06-13 IRLBECK STEVE Officer S-Sale D Common Stock 200,000 0.08 16.0K 200,000
2012-02-17 Ripley Thomas H Director D Common Stock 0 0.00 0
2012-02-15 GERACI JOSEPH ANTHONY II 10% Owner S-Sale D Common Stock 480,963 0.15 72.1K 0
2011-05-10 IRLBECK STEVE Officer D Common Stock 0 0.00 400,000
2010-10-20 WCR, LLC 10% Owner S-Sale D Series A Preferred Stock 300,000 0.00 9,700,000
2010-10-20 MILLER RICHARD EDWARD Director P-Purchase A Series A Preferred Stock 300,000 0.00 300,000
2010-05-10 Roberts Ellery Director D Common Stock 0 0.00 0
2010-05-07 MILLER RICHARD EDWARD Director D Common Stock 0 0.00 0
2010-04-02 Moberly Robert W Director / 10% Owner S-Sale D Series A Convertible Preferred Stock 10,000,000 0.00 0
2010-03-31 WCR, LLC 10% Owner D Common Stock, no par value 0 0.00 1,125,000
2010-03-31 GERACI JOSEPH ANTHONY II 10% Owner S-Sale D Common Stock 2,000 0.15 300.00 798,000
2010-03-31 Donchev Angel Director D No securities are beneficially owned 0 0.00 0
2010-03-31 Chapin Aldus H II Director D No securities are beneficially owned 0 0.00 0
2009-12-31 QUANDAHL JOHN Director / Officer S-Sale D Common Stock 400,000 0.01 4.0K 0
2009-10-06 HOULTON MARK Director S-Sale D Common Stock, no par value 100,000 0.19 19.0K 316,667
2009-06-03 MOKA, Inc. 10% Owner I Common Stock, no par value 0 0.00 1,125,000
2009-01-20 GERACI JOSEPH ANTHONY II 10% Owner X-InTheMoney A Common Stock 400,000 0.01 4.0K 713,309
2009-01-01 Horner Rich Officer D Common Stock 0 0.00 100,000
2008-12-31 Larson Chris J-Other D Common Stock 1,291,290 0.00 550,000
2008-02-26 Larson Chris Officer / 10% Owner A-Award A Common Stock 769,415 2.95 2.27M 1,841,290
2008-01-02 STAEHR STEVEN Officer / 10% Owner M-Exempt D Stock Options (right to buy) 550,000 0.01 5.5K 0
2008-01-02 QUANDAHL JOHN Officer M-Exempt A Common Stock 400,000 0.01 4.0K 400,000
2007-12-31 WERCS 10% Owner D Series A Convertible Preferred Stock 10,000,000 0.00 0
2007-12-31 STAEHR STEVEN Officer / 10% Owner P-Purchase A Common Stock 416,667 1.20 500.0K 416,667
2007-12-31 QUANDAHL JOHN Officer A-Award A Stock Options (right to buy) 400,000 0.01 4.0K 400,000
2007-12-31 Moberly Robert W Director / 10% Owner J-Other A Series A Convertible Preferred Stock 10,000,000 0.00 10,000,000
2007-12-31 MOKA, Inc. 10% Owner I Series A Convertible Preferred Stock 10,000,000 0.00 0
2007-12-31 MANDEL JAMES Director D Common Stock, no par value 0 0.00 470
2007-12-31 KLAASEN JOHN Director D Common Stock, no par value 0 0.00 0
2007-12-31 HOULTON MARK Director P-Purchase A Common Stock, no par value 416,667 1.20 500.0K 416,667
2007-12-31 GERACI JOSEPH ANTHONY II 10% Owner I Common Stock 0 0.00 800,000
2007-12-07 LANTERN ADVISERS LLC 10% Owner J-Other D Warrant 20,000 1.50 30.0K 0
2007-11-29 STAEHR STEVEN Officer D Common Stock, no par value 0 0.00 0
2007-11-29 QUANDAHL JOHN Officer D Common Stock, no par value 0 0.00 0
2007-11-29 Larson Chris Officer D Common Stock 0 0.00 0
2007-07-05 MILLER DONALD Director / Officer / 10% Owner J-Other A Warrant 100,000 0.15 15.0K 100,000
2007-07-02 MILLER DONALD Director / Officer / 10% Owner P-Purchase A Common Stock 80,119 0.06 4.4K 734,524
2007-07-02 LANTERN ADVISERS LLC 10% Owner J-Other A Common Stock, no par value 550,000 0.04 19.3K 3,133,098
2007-03-08 LANTERN ADVISERS LLC 10% Owner P-Purchase A Uron Inc. Common Stock 200,000 0.04 7.0K 2,583,098
2007-03-06 MILLER DONALD Director / Officer A-Award A URON Inc. 500,000 0.04 17.5K 554,405
2007-02-13 MILLER DONALD Director / Officer A-Award A Uron Inc. 602,432 0.04 21.1K 656,837
2006-11-13 MULTIBAND CORP I URON Common Stock 0 0.00 581,609
2006-08-11 LANTERN ADVISERS LLC 10% Owner D Common Stock 0 0.00 2,383,098
2006-08-10 MILLER DONALD Director / Officer A-Award A URON INC 54,405 0.00 54,405
2006-07-21 MILLER DONALD Director / Officer D Uron Common Stock 0 0.00 0

Executive team

Top executives
EBIT / Employee
17.7K
Shares Outstanding
9.11M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2014 John Quandahl Pres. and Chief Executive Officer 246.0K 81.0K 327.0K 0.00%
2 2014 Steve Irlbeck Chief Financial Officer 165.0K 81.0K 246.0K 0.00%
3 2014 Rich Horner Secretary of WFL 175.0K 60.5K 235.5K 0.00%
4 2013 John Quandahl Pres. and Chief Executive Officer 246.0K 77.3K 323.3K 0.00%
5 2013 Steve Irlbeck Chief Financial Officer 165.0K 75.0K 240.0K 0.00%
6 2013 Rich Horner Secretary of WFL 175.0K 60.0K 235.0K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2022-07-18 8-K
2022-07-18 15-12G
2022-05-17 8-K
2022-05-13 8-K
2022-05-13 10-Q
2022-03-29 10-K
2022-02-22 8-K
2022-01-24 8-K
2021-11-12 10-Q
2021-11-09 8-K

Executive team

NameTitleCompensationGender
John Quandahl Chief Executive Officer, President, Chief Operating Officer & Director 635.8K male
Angel I. Donchev Chief Financial Officer & Chief Investment Officer 510.8K male
Steve Irlbeck Secretary 495.0K male
Rich Horner Controller 235.5K male
ESG Rating
B-
SPECIALTY RETAIL
2022
E (Environmental)
47.0 / 59.7
Company / Sector avg.
S (Social)
64.6 / 56.1
Company / Sector avg.
G (Governance)
63.8 / 56.1
Company / Sector avg.
ESG Total
58.5 / 57.3
Company / Sector avg.
ESG Score History SPECIALTY RETAIL
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits