goeasy (TSE:GSY) First Quarter 2025 Results
Key Financial Results
- Revenue: CA$171.2m (down 13% from 1Q 2024).
- Net income: CA$39.4m (down 33% from 1Q 2024).
- Profit margin: 23% (down from 30% in 1Q 2024). The decrease in margin was driven by lower revenue.
- EPS: CA$2.35 (down from CA$3.46 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
goeasy Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 43%.
Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Finance industry in North America.
Performance of the market in Canada.
The company's shares are down 6.2% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for goeasy (of which 1 is significant!) you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:GSY
goeasy
Provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada.
Very undervalued with high growth potential and pays a dividend.
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