Propel Holdings delivers massive Quarter - Seeing growth and improved profitability

 Propel Holdings is a Canadian company with US and Canadian clients.   They operate in the short term pay today business.  Using very special tools to understand the quality of each borrower - CEO Clive Kinross has developed 3 distinct businesses in Canada and US.   

2023 saw large insider buying as execs were excited to buy any sub 10 dollar shares - those shares are now trading north of 17 dollars and paying a solid dividend of 12 cents per quarter.  

PRL saw earnings and revenue all setting records.  New clients were through the roof.  

Q4 Numbers - 

  • Revenue: increased by 54% to $96.0 million in Q4 2023, and increased by 40% to $316.5 million for fiscal 2023, representing record performance for both periods

  • Adjusted EBITDA1: increased by 62% to $22.4 million in Q4 2023, and increased by 87% to $76.3 million for fiscal 2023, representing record performance for both periods

  • Net Income: increased by 68% to $8.5 million in Q4 2023, and increased by 84% to $27.8 million for fiscal 2023, representing record performance for both periods

Remember to do your own due diligence. 

 

Comments

Post a Comment

Popular posts from this blog

Where agencies see long-term growth: study

The American Association of Advertising Agencies has r ecently released its 2014   (attached) effectiveness study, looking at the transformation of agencies from the eyes of both the clients and agency partners. The study pulls out data for media versus creative agencies as well as over-performing agencies, that is those that self-reported a greater than 10% year-over-year growth over the past three years (the report refers to non over-performing agencies as “the rest”). New agency revenue streams were seen as a top trend for agencies overall (at 28%) but came in dead last for brands, with only 3% of respondents saying it was something that would influence an agency’s future. However, the secret to long-term growth may be in that new revenue stream, the study found: over-performing agencies were more likely to focus on these new revenue streams, with 35% naming it a top trend that will impact the agency’s future, compared to 24% of “the rest.” Media agencies place...
Read more

NTW Designs Launches New Site

NTW Designs is an experienced full service web design company that provides custom web design packages to companies of any scale in the USA and around the world. Great packages, with fast turn around times. NTW Designs specializes in php/html/wordpress coded web design, responsive web design, graphic design, brand identity packaging, company research, and web security. NTW Designs has a package for every business out there. As an experienced web design company , NTW Designs will provide innovative solutions to all business needs on the web.
Read more

Auto Sales are booming - More advertising coming.

Posted: Tuesday, August 4, 2015 1:15 am Those two sounds—the “ka-ching!” of cash registers and the “vroom!” of new autos being sold—are favorites for radio, and with auto sales hitting record levels, it’s vital for radio to keep a close eye on its No. 1 advertiser, and find the best ways to keep the dealership ad money flowing. Automotive sales will account for $1.75 billion in radio ad spending this year, according to BIA/Kelsey. Estimates from Kelly Blue Book and Edmunds call for monthly new vehicle sales for July to reach 1.47 million units, and an annual adjusted rate of 17.1 million. For July, the eight major manufacturers are expected to show year-to-year gains. Analysts credit a healthier economy and demand for trucks, SUVs and luxury vehicles with fueling the positive gains . Indeed, as the overall economy has improved and unemployment drops, observers say consumers have started to make big-ticket purchases again, including new vehicles. Particularly in an off-election...
Read more