Propel Holdings Inc. (T:PRL)
Business Focus: Consumer Lending (NEC)
Mostly sunny as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for PRL within the last 6 months
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Company News
Apr 17, 2024 06:00 ET
Propel to report Q1 2024 financial results
TORONTO, April 17, 2024 /CNW/ - Propel Holdings Inc. ("Propel") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, announced today that it will be reporting financial results for the three months ending March 31, 2024, after market close on Wednesday, May 8, 2024. Propel will be hosting a conference call and webcast with a presentation by Clive Kinross, Chief Executive Officer, and Sheldon Saidakovsky, Chief Financial Officer before market open on Thursday, May 9, 2024.
Apr 09, 2024 06:00 ET
Propel launches insurance product to protect Canadian consumers in partnership with leading insurance innovators Walnut and TGI
TORONTO, April 9, 2024 /CNW/ - Propel Holdings Inc. ("Propel") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, operating under the Fora Credit brand in the Canadian marketplace, today announced its launch of Fora's Payment Protection Plan.
Valuation Ratios
Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
1.67
1.88
4.92
Price to Book - most recent quarter
5.24
2.59
1.61
Price to Cash Flow per share - TTM
14.36
9.34
8.80
Price to Free Cash Flow per share - TTM
--
13.92
20.56
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 74,998 | -188,079 |
| Mar 15, 2024 | 263,077 | -23,430 |
| Feb 29, 2024 | 286,507 | -2,894 |
Business Summary
| Sector: Financials | Industry: Consumer Lending |
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.
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