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Last update at 2024-11-21T19:37:00Z
goeasy Ltd. Announces Preliminary Third Quarter Selected Data
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Tue 15 Oct 24, 08:31 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 195.78M | 316.85M | 183.18M | 89.51M | 73.92M |
Minority interest | - | - | - | - | - |
Net income | 140.16M | 244.94M | 136.50M | 64.35M | 53.12M |
Selling general administrative | 58.75M | 50.52M | 44.27M | 41.55M | 52.62M |
Selling and marketing expenses | 34.07M | 30.39M | 26.79M | 26.70M | 19.14M |
Gross profit | 795.88M | 622.03M | 472.24M | 446.47M | 310.32M |
Reconciled depreciation | 81.31M | 78.89M | 64.72M | 64.36M | 52.00M |
Ebit | 583.07M | 450.26M | 343.34M | 299.73M | 316.42M |
Ebitda | 664.38M | 529.15M | 408.06M | 364.09M | 368.42M |
Depreciation and amortization | 81.31M | 78.89M | 64.72M | 64.36M | 52.00M |
Non operating income net other | - | - | - | - | - |
Operating income | 583.07M | 450.26M | 343.34M | 299.73M | 316.42M |
Other operating expenses | 409.16M | 375.32M | 310.10M | 288.94M | 308.75M |
Interest expense | 93.85M | 66.20M | 46.90M | 53.47M | 41.26M |
Tax provision | 55.62M | 71.91M | 46.68M | 25.16M | 20.79M |
Interest income | 107.97M | 77.30M | 0.52M | 57.56M | 45.80M |
Net interest income | -92.29600M | -73.35100M | -54.99200M | -79.28100M | -45.80000M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 55.62M | 71.91M | 46.68M | 25.16M | 20.79M |
Total revenue | 1019.34M | 826.72M | 652.92M | 609.38M | 506.19M |
Total operating expenses | 185.70M | 170.63M | 129.41M | 126.03M | 112.88M |
Cost of revenue | 223.46M | 204.69M | 180.69M | 162.91M | 195.87M |
Total other income expense net | -387.29300M | -133.41000M | -160.15500M | -210.21300M | -242.50000M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 140.16M | 244.94M | 136.50M | 64.35M | 53.12M |
Net income applicable to common shares | 140.16M | 244.94M | 136.50M | 64.35M | 53.12M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 4164.17M | 3302.89M | 2596.15M | 1501.92M | 1318.62M |
Intangible assets | 124.93M | 138.80M | 159.65M | 25.24M | 17.75M |
Earning assets | - | - | - | - | - |
Other current assets | -3622.92700M | 38.53M | 27.62M | 13.01M | 7.08M |
Total liab | 3110.09M | 2433.20M | 1806.24M | 1058.40M | 986.20M |
Total stockholder equity | 1054.08M | 869.69M | 789.91M | 443.51M | 332.42M |
Deferred long term liab | - | - | - | - | - |
Other current liab | -2779.01400M | 25.12M | -246.12800M | 46.31M | 8.63M |
Common stock | 428.33M | 419.05M | 363.51M | 181.75M | 141.96M |
Capital stock | 428.33M | 419.05M | 363.51M | 181.75M | 141.96M |
Retained earnings | 610.65M | 426.37M | 395.25M | 247.31M | 171.08M |
Other liab | - | 53.35M | 50.00M | 10.62M | 8.08M |
Good will | 180.92M | 180.92M | 180.92M | 21.31M | 21.31M |
Other assets | - | 48.44M | 47.18M | 53.63M | 64.75M |
Cash | 120.38M | 32.45M | 82.88M | 62.95M | 46.34M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 152.90M | 253.57M | 115.17M | 278.18M | 164.99M |
Current deferred revenue | 26.96M | 28.66M | 11.35M | 10.62M | - |
Net debt | 2770.10M | 2271.13M | 1828.22M | 878.70M | 865.36M |
Short term debt | 2819.66M | 148.65M | 292.81M | 198.34M | 115.00M |
Short long term debt | - | 148.65M | 292.81M | 198.34M | 115.00M |
Short long term debt total | 2890.47M | 2303.59M | 1911.10M | 941.65M | 911.70M |
Other stockholder equity | -585.83600M | 21.50M | 22.58M | 19.73M | 20.30M |
Property plant equipment | - | 150.05M | 92.42M | 77.66M | 69.15M |
Total current assets | 3582.05M | 2693.34M | 2014.58M | 1253.38M | 1090.71M |
Long term investments | 61.46M | 57.30M | 64.44M | 56.04M | 34.30M |
Net tangible assets | - | 549.96M | 449.34M | 396.96M | 293.36M |
Short term investments | - | - | - | - | - |
Net receivables | 3428.01M | 2622.35M | 1904.08M | 1147.33M | 1037.29M |
Long term debt | 2819.66M | 2080.61M | 1085.91M | 689.41M | 744.13M |
Inventory | 3656.59M | - | - | - | - |
Accounts payable | 85.28M | 51.14M | 57.13M | 46.06M | 41.35M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -9.72100M | 2.78M | 8.57M | -5.28000M | -0.91500M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 181.75M | 141.96M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | -4091.92100M | 82.47M | 36.95M | 29.66M | 43.48M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 582.12M | 609.55M | 581.58M | 248.53M | 227.91M |
Capital lease obligations | 70.81M | 74.33M | 65.61M | 53.90M | 52.57M |
Long term debt total | - | 2154.94M | 1151.51M | 743.31M | 796.70M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -42.49100M | 97.86M | -28.67300M | -45.12800M | -15.61600M |
Change to liabilities | 13.03M | 9.77M | 5.08M | -6.53900M | 3.21M |
Total cashflows from investing activities | -42.49100M | -210.63500M | -28.67300M | -45.12800M | -15.61600M |
Net borrowings | 570.40M | 228.11M | 65.74M | 179.07M | 202.58M |
Total cash from financing activities | 508.55M | 298.94M | 0.97M | 147.15M | 217.98M |
Change to operating activities | -1005.80100M | -480.86600M | -244.04900M | -421.34300M | -405.24900M |
Net income | 140.16M | 244.94M | 136.50M | 64.35M | 53.12M |
Change in cash | -39.82500M | 9.43M | 46.71M | -53.84700M | -9.18200M |
Begin period cash flow | 102.48M | 93.05M | 46.34M | 100.19M | 109.37M |
End period cash flow | 62.65M | 102.48M | 93.05M | 46.34M | 100.19M |
Total cash from operating activities | -505.88100M | -78.87500M | 74.41M | -155.86900M | -211.54400M |
Issuance of capital stock | 60.56M | 170.18M | 1.72M | 3.84M | 45.14M |
Depreciation | 81.31M | 78.89M | 64.72M | 64.36M | 52.00M |
Other cashflows from investing activities | -14.60500M | -183.18600M | 0.00000M | -28.26800M | 1.23M |
Dividends paid | 51.61M | 37.47M | 23.89M | 16.65M | 11.68M |
Change to inventory | - | - | - | -11.42000M | - |
Change to account receivables | -4.86600M | -1.83400M | 8.70M | -3.03200M | -1.02800M |
Sale purchase of stock | -60.99900M | -62.29000M | -44.38700M | -20.31300M | -14.99500M |
Other cashflows from financing activities | 1016.50M | 986.40M | 186.79M | 248.02M | 269.52M |
Change to netincome | 287.32M | 43.20M | 98.11M | 143.11M | 82.62M |
Capital expenditures | 27.89M | 27.45M | 28.67M | 16.86M | 16.85M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -20.25100M | 33.23M | 17.56M | -16.12500M | 1.85M |
Stock based compensation | 10.05M | 8.88M | 7.58M | 8.69M | 6.84M |
Other non cash items | -707.10600M | -442.97200M | -165.59000M | -277.14300M | -321.79300M |
Free cash flow | -533.76700M | -106.32400M | 45.74M | -172.72900M | -228.39100M |
Sector: Financial Services Industry: Credit Services
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
GSY goeasy Ltd |
-0.815 0.47% | 171.47 | 10.93 | 8.85 | 3.73 | 2.52 | 4.33 | 7.21 |
PRL Propel Holdings Inc |
-0.14 0.36% | 38.97 | 24.68 | 8.31 | 3.28 | 7.70 | 3.20 | |
ACD Accord Financial Corp. |
- -% | 4.00 | - | - | 0.94 | 0.41 | 9.05 | 24.50 |
CHW Chesswood Group Limited |
- -% | 0.90 | - | 6.37 | 0.17 | 0.10 | 9.18 | 24.79 |
CRWN Crown Capital Partners Inc |
-0.22 17.32% | 1.05 | - | 40.98 | 0.11 | 0.27 | 1.63 |
goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services. The companyleases household furniture, appliances, electronics, and unsecured lending products to retail consumers. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was incorporated in 1990 and is headquartered in Mississauga, Canada.
33 City Centre Drive, Mississauga, ON, Canada, L5B 2N5
Name | Title | Year Born |
---|---|---|
Mr. David Ingram | Exec. Chairman | 1966 |
Mr. Jason Mullins | Pres, CEO & Director | 1983 |
Mr. Hal Khouri | CFO & Exec. VP | NA |
Ms. Andrea Fiederer | Exec. VP & Chief Marketing Officer | NA |
Mr. Jason Appel | Exec. VP & Chief Risk Officer | NA |
Ms. Jackie Foo | Exec. VP & COO | NA |
Mr. Michael Anthony Eubanks | Sr. VP & Chief Information Officer | NA |
Ms. Sabrina Anzini | Sr. VP & Chief Legal Officer | NA |
Bryan Tritt | VP of Communications & PR | NA |
Mr. Farhan Ali Khan | Sr. VP & Chief Corp. Devel. Officer | NA |
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