Stock PRL PROPEL HOLDINGS INC.
Add to a list
To use this feature you must be a member
Log inSign up

Company Propel Holdings Inc.

Equities

PRL

CA74349D1069

Consumer Lending

Market Closed - Toronto S.E.
Other stock markets
 21:00:00 10/05/2024 BST 		5-day change 1st Jan Change
27.9 CAD -0.18% Intraday chart for Propel Holdings Inc. +19.79% +115.11%
05-09 Transcript : Propel Holdings Inc., Q1 2024 Earnings Call, May 09, 2024
05-08 Propel Holdings Brief: Adjusted Net Income increased by 84% to US$15.3 million in Q1 2024, representing record quarterly performance MT

Business Summary

Propel Holdings Inc. is a Canada-based financial technology (fintech) company focused on credit inclusion by facilitating access to credit through its online lending platform. The Company, through its brands, offers credit solutions to consumers in Canada and the United States. Through its end-to-end, artificial intelligence (AI)-powered online lending platform, it facilitates access to credit products for underserved American and Canadian consumers who struggle to access credit from mainstream credit providers. It operates three consumer-facing brands, which directly offer or facilitate access to credit: MoneyKey and CreditFresh in the United States and Fora Credit in Canada, in addition to the Pathward Lending-as-a-Service program. The two types of credit products available through the Propel platform are Installment Loans and Lines of Credit. In the United States, the MoneyKey direct lending program and CreditFresh Bank Programs are supported by two revolving credit facilities.

Number of employees: 462

Sales per Business

CAD in Million2022Weight2023Weight Delta
Interest and Fees from Borrowers on Purchased Receivable (CreditFresh)
75.4 %
- - 322 75.4 % -
Fees from Bank Service Program (MoneyKey)
14.1 %
42 14.2 % 60 14.1 % +43.29%
Interest from Borrowers in Direct Lending (MoneyKey)
3.9 %
22 7.3 % 17 3.9 % -21.57%
Fees from Credit Services Organization Program (MoneyKey)
3.1 %
14 4.9 % 13 3.1 % -7.53%
Fees from Borrowers in Direct Lending (MoneyKey)
2.3 %
11 3.7 % 10 2.3 % -8.89%
Interest from Borrowers in Direct Lending (Fora Credit)
0.7 %
- - 3 0.7 % -
Other
0.4 %
- - 2 0.4 % -

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
100.0 %
295 100.0 % 427 100.0 % +44.64%

Managers

Managers TitleAgeSince
Noah Buchman FOU
 Founder 38 15/06/11
Jonathan Goler FOU
 Founder 43 15/06/11
Sheldon Saidakovsky FOU
 Founder 45 15/06/11
Clive Kinross FOU
 Founder 53 15/06/11
Gary Edelstein PSD
 President 52 31/12/15
Sarika Ahluwalia CMP
 Compliance Officer 41 31/12/15
Devon Ghelani IRC
 Investor Relations Contact - 31/12/21
Matthew Wiens LAW
 General Counsel 40 31/12/16
Jay Vaghela LAW
 General Counsel 42 31/12/12
Brad Sherk PRN
 Corporate Officer/Principal 48 31/12/11

Members of the board

Members of the board TitleAgeSince
A. Monaco BRD
 Director/Board Member 59 31/12/20
Peter Anderson BRD
 Director/Board Member 66 31/10/22
Karen Martin BRD
 Director/Board Member 59 31/12/20
Geoffrey Greenwade BRD
 Director/Board Member 62 31/12/20
Michael Stein CHM
 Chairman 73 15/06/11
Clive Kinross FOU
 Founder 53 15/06/11
Poonam Puri BRD
 Director/Board Member 51 31/12/20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 34,330,312 21,439,672 ( 62.45 %) 0 62.45 %

Shareholders

NameEquities%Valuation
Michael Stein
18.52 %
6,358,400 18.52 % 81 M $
Clive Kinross
15.73 %
5,400,000 15.73 % 69 M $
Gary Edelstein
3.304 %
1,134,175 3.304 % 14 M $
Noah Buchman
2.650 %
909,716 2.650 % 12 M $
Jonathan Goler
1.954 %
670,822 1.954 % 9 M $
Sheldon Saidakovsky
1.784 %
612,365 1.784 % 8 M $
Jay Vaghela
0.8817 %
302,662 0.8817 % 4 M $
Bloom Investment Counsel, Inc.
0.5250 %
180,200 0.5250 % 2 M $
Franklin Bissett Investment Management
0.4810 %
165,105 0.4810 % 2 M $
Barrantagh Investment Management, Inc.
0.4399 %
150,993 0.4399 % 2 M $

Company contact information

Propel Holdings, Inc.

69 Yonge Street Suite 1500

M5E 1K3, Toronto

+

http://www.propelholdings.com
address Propel Holdings Inc.(PRL)

Sector

Financials
Banking & Investment Services
Banking Services
Consumer Lending
Other Consumer Lending

Sales per Business

Sales per region

Ratings for Propel Holdings Inc.

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
20.42 USD
Average target price
19.95 USD
Spread / Average Target
-2.33%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Consumer Lending

1st Jan change Capi.
PROPEL HOLDINGS INC. Stock Propel Holdings Inc.
+115.11% 701M
BAJAJ FINANCE LIMITED Stock Bajaj Finance Limited
-8.78% 49.45B
BAJAJ FINSERV LTD. Stock Bajaj Finserv Ltd.
-6.71% 30.26B
JIO FINANCIAL SERVICES LIMITED Stock Jio Financial Services Limited
+48.27% 26.46B
ORIX CORPORATION Stock ORIX Corporation
+26.81% 24.88B
SYNCHRONY FINANCIAL Stock Synchrony Financial
+19.74% 18.36B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED Stock Cholamandalam Investment and Finance Company Limited
+0.68% 12.76B
SHRIRAM FINANCE LIMITED Stock Shriram Finance Limited
+14.30% 10.55B
MUTHOOT FINANCE LIMITED Stock Muthoot Finance Limited
+12.66% 7.99B
SOFI TECHNOLOGIES, INC. Stock SoFi Technologies, Inc.
-30.25% 7.34B
Other Consumer Lending
  1. Stock Market
  2. Equities
  3. PRL Stock
  4. Company Propel Holdings Inc.