always hard to really see what's going on here, finance...

always hard to really see what's going on here, finance company's financials are always murky even for us accountants. NIM expansion and Rev increase both positives. But as pointed out by other posters the run off of the loan book will have a big impact particularly on REV. the only plus here is that any roll off in the loan book will release significant headroom in the funding which if mgmt can redeploy at the much higher NIM this could improve things significantly. Big question here is how and when are they going to apply these funds as the company cannot maintain REV and Net Cash Flows with a $50m quarterly loan orginations program, need at least double that.