Added to YB: 2026-05-08
Pitch date: 2026-05-06
PRL.TO [neutral]
Propel Holdings Inc.
-4.43%
current return
Author Info
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Company Info
Propel Holdings Inc., together with its subsidiaries, operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, Fora Credit, and QuidMarket brands to American consumers.
Market Cap
CAD 633.6M
Pitch Price
CAD 24.14
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.87
P/E
12.00
EV/Sales
1.54
Sector
Consumer Finance
Category
growth
Propel Holdings (TSX: PRL) - Q1 2026 Earnings Review
PRL.TO (earnings): Q1 provisions normalized to 45% of rev (vs 56% Q4), NCO/CLAB 12.6% in target range. Mgmt raised revenue yield guide to 115%+, LaaS margins 40-50% at scale (vs 30% now), MoneyKey Bank +50% vol. Q2 originations tracking strong, guiding $80-100M adj NI (50% growth), 28%+ ROE. AI rollout driving efficiency inflection H2. Stock +40% since Q4 review at C$17s.
Read full article (10 min)