Xponential Inc (fka XPOI)

[mrpanick]

Liquidity looks ok even before the CPFH transaction. In addition to the 500k+ in cash they had on June 30th they also had almost 1.7 mil available on the bank credit line. Here's the excerpt on this. The bonds come due in 2015 so they have a full 3 years (not 2 to correct my earlier post)to make Pawn mart profitable so that they are in a position to refinance or sell it.

They seem to have a good relationship with their bank lender based on the increasing credit line limit which helped them to finance recent acquisitions.


At June 30, 2011 and 2010, an additional $1,675,000 and $573,000,
respectively, was available to borrow pursuant to the available borrowing base, as defined in the Bank Line of
Credit agreement. The Company was in compliance with financial ratios under the Bank Line of Credit at June
30, 2011.
XPONENTIAL, INC