Propel Holdings Full Year 2024 Earnings: EPS Misses Expectations

Propel Holdings (TSE:PRL) Full Year 2024 Results

Key Financial Results

• Revenue: US$227.2m (down 28% from FY 2023).
• Net income: US$46.4m (up 67% from FY 2023).
• Profit margin: 20% (up from 8.8% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: US$1.32 (up from US$0.81 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Propel Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%.

Looking ahead, revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Finance industry in North America.

Performance of the market in Canada.

The company's shares are down 16% from a week ago.

Risk Analysis

Be aware that Propel Holdings is showing 3 warning signs in our investment analysis and 1 of those can't be ignored...

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