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Propel Holdings Inc

Financial Services CA PRL

36.72CAD
0.69(1.92%)

Last update at 2024-12-23T19:32:00Z

Day Range

35.7937.37
LowHigh

52 Week Range

8.6940.88
LowHigh

Fundamentals

  • Previous Close 36.03
  • Market Cap1367.06M
  • Volume76041
  • P/E Ratio24.68
  • Dividend Yield1.52%
  • EBITDA81.84M
  • Revenue TTM382.44M
  • Revenue Per Share TTM11.14
  • Gross Profit TTM 226.85M
  • Diluted EPS TTM1.61

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

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
Income before tax 20.22M 8.06M 10.42M 2.89M -0.08757M
Minority interest - - - - -
Net income 15.13M 6.56M 7.33M 1.99M -0.19873M
Selling general administrative 35.55M 26.03M 15.16M 17.74M 15.48M
Selling and marketing expenses - - - - -
Gross profit 216.57M 123.13M 69.07M 64.58M 57.84M
Reconciled depreciation 3.38M 2.91M 2.45M 1.83M 1.23M
Ebit 30.39M 13.82M 14.94M 6.15M 2.01M
Ebitda 33.76M 16.74M 17.39M 7.98M 3.24M
Depreciation and amortization 3.38M 2.91M 2.45M 1.83M 1.23M
Non operating income net other - - - - -
Operating income 30.39M 13.82M 14.94M 6.15M 2.28M
Other operating expenses 120.15M 55.02M 24.76M 24.76M -
Interest expense 10.16M 5.76M 4.52M 3.26M 2.09M
Tax provision 5.09M 1.50M 3.09M 0.89M 0.11M
Interest income 16.54M 19.14M 4.39M 3.39M 2.37M
Net interest income 6.37M 13.38M 15.48M 23.12M 15.13M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 5.09M 1.50M 3.09M 0.89M 0.11M
Total revenue 216.57M 123.13M 69.07M 64.58M 57.84M
Total operating expenses - - - - -
Cost of revenue - - - - -
Total other income expense net -10.16434M -5.75797M -4.52121M -3.26286M -
Discontinued operations - - - - -
Net income from continuing ops 15.13M 6.56M 7.33M 1.99M -0.19873M
Net income applicable to common shares 15.13M 6.56M 7.33M 1.99M -0.19873M
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 344.26M 256.68M 149.50M 79.05M 51.16M
Intangible assets 13.44M 11.47M 7.91M 5.07M 4.63M
Earning assets - - - - -
Other current assets 289.83M - 16.33M 8.23M 5.65M
Total liab 242.74M 175.04M 74.17M 70.64M 47.54M
Total stockholder equity 101.52M 81.64M 75.33M 8.42M 3.62M
Deferred long term liab - 2.80M 2.72M 2.88M 0.89M
Other current liab -203.48880M -151.19645M -49.59555M -40.83742M -21.75083M
Common stock 78.96M 78.95M 78.95M 4.88M 4.74M
Capital stock 78.96M 78.95M 78.95M 4.88M 4.74M
Retained earnings 18.67M 1.03M -4.04147M 3.47M -1.19705M
Other liab - - 0.08M 1.18M 1.14M
Good will - - - - -
Other assets 272.06M 208.89M 114.96M 58.19M 31.28M
Cash 13.75M 7.66M 7.24M 5.25M 6.20M
Cash and equivalents - - - - -
Total current liabilities 203.49M 151.20M 49.60M 40.84M 21.75M
Current deferred revenue - - - - -
Net debt 187.77M 143.91M 42.81M 47.59M 26.90M
Short term debt 199.17M 148.90M 46.87M 38.10M 19.80M
Short long term debt 199.17M 148.90M 46.87M 38.10M 19.80M
Short long term debt total 201.52M 151.57M 50.05M 52.83M 33.10M
Other stockholder equity 3.66M 1.66M 0.42M 0.06M 0.07M
Property plant equipment - 2.64M 2.98M 3.49M 4.20M
Total current assets 56.54M 33.68M 23.64M 12.30M 11.04M
Long term investments - - - - -
Net tangible assets - - 67.42M 3.34M -1.01869M
Short term investments - - - - -
Net receivables 42.79M 26.02M 16.41M 7.05M 4.83M
Long term debt - 144.25M 42.22M 33.70M 29.16M
Inventory -289.82994M - - - -
Accounts payable 4.32M 2.30M 2.73M 2.74M 1.95M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.22M - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -15.66325M -14.11416M -10.89137M -8.56295M -8.83860M
Deferred long term asset charges - - - - -
Non current assets total 15.66M 14.11M 10.89M 8.56M 8.84M
Capital lease obligations 2.35M 2.67M 3.18M 3.54M 3.95M
Long term debt total - 146.22M 44.81M 36.72M -
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 -5.27365M -2.76436M -2.12875M -2.68403M -2.72725M
Change to liabilities 0.00000M 8.68M 0.23M 3.04M -0.89554M
Total cashflows from investing activities -5.27365M -2.76436M -25.27846M -15.29393M -6.83200M
Net borrowings - -3.40632M 19.15M 10.52M 8.85M
Total cash from financing activities 91.01M 56.59M 16.59M 10.08M 7.14M
Change to operating activities - -119.41549M -6.22897M -3.57796M 0.65M
Net income 15.13M 6.56M 7.33M 1.99M -0.19873M
Change in cash 0.42M 1.99M -0.95698M -0.64169M 0.97M
Begin period cash flow 7.24M 5.25M 6.20M 6.84M 5.87M
End period cash flow 7.66M 7.24M 5.25M 6.20M 6.84M
Total cash from operating activities -85.32075M -51.83294M -15.42251M -8.03845M -3.43922M
Issuance of capital stock 0.00000M 67.67M - - -
Depreciation 3.38M 2.91M 2.45M 1.83M 1.23M
Other cashflows from investing activities - - - 28.17M -
Dividends paid 10.06M 8.07M 2.67M 0.59M 1.73M
Change to inventory - - - - -
Change to account receivables - -2.58047M -0.86250M -0.47186M -0.15464M
Sale purchase of stock 0.00107M 68.07M 0.11M 0.15M 0.02M
Other cashflows from financing activities 113.16M 37.52M 34.25M 16.04M 9.49M
Change to netincome - 52.80M -1.06216M -0.29326M -0.33686M
Capital expenditures 5.27M 2.76M 2.13M 2.68M 2.73M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -20.15907M -11.39057M -3.03579M -0.20419M -1.56678M
Stock based compensation 1.24M 0.35M 0.02M 0.02M 0.03M
Other non cash items -82.99511M -47.03158M -21.41295M -11.53430M -2.52741M
Free cash flow -90.59440M -54.59730M -17.55126M -10.72248M -6.16648M

Peer Comparison

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)
PRL
Propel Holdings Inc
0.69 1.92% 36.72 24.68 8.31 3.28 7.70 3.20
GSY
goeasy Ltd
1.09 0.67% 164.91 10.93 8.85 3.73 2.52 4.33 7.21
ACD
Accord Financial Corp.
0.05 1.33% 3.80 - - 0.94 0.41 9.05 24.50
CRWN
Crown Capital Partners Inc
0.04 2.48% 1.65 - 40.98 0.11 0.27 1.63
AXIS
Axis Auto Finance Inc
- -% 0.005 - 4.17 0.24 0.47 4.16 54.01

Reports Covered

Stock Research & News

Profile

Propel Holdings Inc. operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services. The company was formerly known as 2288984 Ontario Inc. and changed its name to Propel Holdings Inc. in June 2021. Propel Holdings Inc. was incorporated in 2011 and is headquartered in Toronto, Canada.

Propel Holdings Inc

69 Yonge Street, Toronto, ON, Canada, M5E 1K3

Key Executives

Name Title Year Born
Mr. Clive Kinross Co-Founder, CEO & Director 1971
Mr. Gary Edelstein Pres 1973
Dr. Jonathan Ari Goler Co-Founder, EVP & Chief Risk Officer 1981
Mr. Sheldon Saidakovsky Co-Founder, EVP & CFO 1980
Mr. Noah Buchman Co-Founder, Exec. VP & Pres of CreditFresh 1986
Mr. Bradley Sherk VP of Operations & Shared Services 1976
Mr. Jay Vaghela VP & Gen. Counsel 1982
Ms. Sarika Ahluwalia VP & Chief Compliance Officer 1983
Ms. Cindy Usprech VP of People & Culture 1978
Mr. Clive Kinross Co-Founder, CEO & Director 1970

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