 CLEARWATER, Fla., Feb. 03, 2021 GLOBE NEWSWIRE -- Nicholas Financial, Inc. NASDAQ: NICK announced net income for the three months ended December 31, 2020 of 3.8 million compared to 0.3 million for the three months ended December 31, 2019. Diluted net income per share was 0.49 for the three months ended December 31, 2020 as compared to 0.04 for the three months ended December 31, 2019. Total revenue decreased 3.3 to 14.5 million for the three months ended December 31, 2020 as compared to 15.0 million for the three months ended December 31, 2019, which included realized gains of 0.2 million and unrealized gains of 1.1 million on equity investments during the three months ended December 31, 2020. The Company reported income before income taxes for the three months ended December 31, 2020 of 5.0 million compared to 0.5 million for the three months ended December 31, 2019. The Company recorded an income tax expense of approximately 1.2 million during the three months ended December 31, 2020 compared to an income tax expense of 0.2 million during the three months ended December 31, 2019. 