$Consumer Portfolio Services (CPSS.US)$Over the past five ye...

$Consumer Portfolio Services (CPSS.US)$Over the past five years, revenue declined from 434 million to 268 million. Net profit instead grew rapidly as credit loss reserves turned from loss to profit. Revenue continued to grow in the first 3 quarters of 2022, and credit loss reserves became revenue of 23.4 million, far higher than 1.59 million in the same period last year, so profits continued to increase dramatically. This profit growth rate generated by adjusting reserves is very vague. At least it's not sustainable. Currently, the price-earnings ratio is 5.8, and the price-earnings ratio is TTM3.2. Let's wait a few more quarters before talking about it.