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IOU Financial Inc. (V:IOU)

Business Focus: Corporate Financial Services

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for IOU within the last 6 months
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Company News

May 23, 2019 09:00 ET
IOU Financial Inc. Releases Financial Results for the Three-Month Period Ended March 31, 2019
IOU posts adjusted net earnings of $0.5 million in the first quarter of 2019. Under IFRS, Q1 2019 represents the Company's sixth consecutive profitable quarter. Loan originations increased 33.7% to US$32.8 million in Q1 2019 compared to the same period in 2018. Total loans under management increased 50.3% to $96.5 million in Q1 2019 compared to Q1 2018. Adjusted gross revenue increased 18.4% to $5.1 million in Q1 2019 compared to Q1 2018. Adjusted Operating Expense Ratio decreased to 9.7% in Q1 2019 compared to 11.7% in Q1 2018. The Company closed a new credit facility in Q1 2019 at a rate w
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May 23, 2019 09:00 ET
IOU Financial Inc. Releases Financial Results for the Three-Month Period Ended March 31, 2019
IOU posts adjusted net earnings of $0.5 million in the first quarter of 2019. Under IFRS, Q1 2019 represents the Company's sixth consecutive profitable quarter. Loan originations increased 33.7% to US$32.8 million in Q1 2019 compared to the same period in 2018. Total loans under management increased 50.3% to $96.5 million in Q1 2019 compared to Q1 2018. Adjusted gross revenue increased 18.4% to $5.1 million in Q1 2019 compared to Q1 2018. Adjusted Operating Expense Ratio decreased to 9.7% in Q1 2019 compared to 11.7% in Q1 2018. The Company closed a new credit facility in Q1 2019 at a rate w...
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Valuation Ratios

Industry
Sector
Beta
1.29
--
--
Price to Sales - TTM
1.01
8.25
7.22
Price to Book - most recent quarter
1.63
1.35
1.49
Price to Cash Flow per share - TTM
6.81
10.60
11.60
Price to Free Cash Flow per share - TTM
2.56
20.60
20.80
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
May 15, 20194250
Apr 15, 20193940
Feb 28, 2019565-2,880
See Short Report

Business Summary

Sector:  Financials Industry:  Corporate Financial Services

IOU Financial Inc. (IOU Financial) operates an Internet-based lending platform in the United States for owner-operated businesses with daily sales, such as medical and dental practices, grocery and retail stores, restaurants and hotels, franchisees and e-commerce companies, through its subsidiary, IOU Central Inc. (IOC USA). The Company allows these businesses to apply for approximately six, nine, 12, 15 and 18 month loans. The Company operates through activities, such as lending and servicing. Its lending activity originates and retains loans as part of its loans receivable portfolio. The Company finances its lending activities in part by selling some of its commercial loans receivable to third party purchasers and one related party on a non-recourse basis and retaining the servicing rights for these loans in exchange for a service fee. Its servicing activity services loans that have been sold to third party purchasers on a non-recourse basis in exchange for a servicing fee.

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