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PGL

Prospa GroupASX:PGL Stock Report

Market Cap

AU$140.3m

7D

3.6%

1Y

-6.0%

Updated

27 Nov, 2021

Data

Company Financials +
PGL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PGL Stock Overview

Prospa Group Limited, a financial technology company, operates as an online lender in Australia.

Prospa Group Competitors

Eclipx Group

ASX:ECX

AU$710.5m

Humm Group

ASX:HUM

AU$381.3m

Amazon.com

NasdaqGS:AMZN

US$1.8t

PayPal Holdings

NasdaqGS:PYPL

US$220.6b

Price History & Performance

Summary of all time highs, changes and price drops for Prospa Group
Historical stock prices
Current Share PriceAU$0.86
52 Week HighAU$1.25
52 Week LowAU$0.78
Beta2.69
1 Month Change-8.51%
3 Month Change-20.37%
1 Year Change-6.01%
3 Year Changen/a
5 Year Changen/a
Change since IPO-80.72%

Recent News & Updates

Shareholder Returns

PGLAU Consumer FinanceAU Market
7D3.6%-5.2%-1.6%
1Y-6.0%-5.8%11.7%

Return vs Industry: PGL matched the Australian Consumer Finance industry which returned -5.8% over the past year.

Return vs Market: PGL underperformed the Australian Market which returned 11.7% over the past year.

Price Volatility

Is PGL's price volatile compared to industry and market?
PGL volatility
PGL Average Weekly Movement7.6%
Consumer Finance Industry Average Movement5.7%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.7%

Stable Share Price: PGL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PGL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012230Greg Moshalhttps://www.prospa.com

Prospa Group Limited, a financial technology company, operates as an online lender in Australia. The company offers small business loans and business line of credits, as well as short term loans to small businesses. It serves art and lifestyle, building and trade, financial services, hair and beauty, health, hospitality, manufacturing, professional services, retail, transport, wholesaling, and other industries.

Prospa Group Fundamentals Summary

How do Prospa Group's earnings and revenue compare to its market cap?
PGL fundamental statistics
Market CapAU$140.32m
Earnings (TTM)-AU$9.49m
Revenue (TTM)AU$65.98m

2.1x

P/S Ratio

-14.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PGL income statement (TTM)
RevenueAU$65.98m
Cost of RevenueAU$30.83m
Gross ProfitAU$35.15m
ExpensesAU$44.65m
Earnings-AU$9.49m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.058
Gross Margin53.27%
Net Profit Margin-14.39%
Debt/Equity Ratio289.0%

How did PGL perform over the long term?

See historical performance and comparison

Valuation

Is Prospa Group undervalued compared to its fair value and its price relative to the market?

1.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PGL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PGL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PGL is unprofitable, so we can't compare its PE Ratio to the Australian Consumer Finance industry average.

PE vs Market: PGL is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PGL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PGL is good value based on its PB Ratio (1.1x) compared to the AU Consumer Finance industry average (1.8x).


Future Growth

How is Prospa Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

71.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PGL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: PGL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PGL's is expected to become profitable in the next 3 years.

Revenue vs Market: PGL's revenue (24.8% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: PGL's revenue (24.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PGL's Return on Equity is forecast to be low in 3 years time (0.9%).


Past Performance

How has Prospa Group performed over the past 5 years?

-37.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGL is currently unprofitable.

Growing Profit Margin: PGL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PGL is unprofitable, and losses have increased over the past 5 years at a rate of 37.9% per year.

Accelerating Growth: Unable to compare PGL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PGL is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (161.5%).


Return on Equity

High ROE: PGL has a negative Return on Equity (-7.62%), as it is currently unprofitable.


Financial Health

How is Prospa Group's financial position?


Financial Position Analysis

Short Term Liabilities: PGL's short term assets (A$477.3M) exceed its short term liabilities (A$56.7M).

Long Term Liabilities: PGL's short term assets (A$477.3M) exceed its long term liabilities (A$323.3M).


Debt to Equity History and Analysis

Debt Level: PGL's net debt to equity ratio (224.5%) is considered high.

Reducing Debt: Insufficient data to determine if PGL's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable PGL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PGL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.2% per year.


Dividend

What is Prospa Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PGL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PGL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PGL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PGL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average board tenure


CEO

Greg Moshal

no data

Tenure

AU$1,384,563

Compensation

Mr. Gregory Moshal, also known as Greg, is a Co-Founder of Prospa Group Limited and serves as its Chief Executive Officer. He serves as Chief Executive Officer at Prospa Advance Pty Ltd since 2021 and serv...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD985.52K) is above average for companies of similar size in the Australian market ($USD293.25K).

Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: PGL's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Prospa Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Prospa Group Limited
  • Ticker: PGL
  • Exchange: ASX
  • Founded: 2012
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$140.321m
  • Shares outstanding: 163.16m
  • Website: https://www.prospa.com

Number of Employees


Location

  • Prospa Group Limited
  • 4-16 Yurong Street
  • Level 1
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 07:01
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.