goeasy Ltd. (T:GSY)
Business Focus: Personal & Car Loans
Mostly sunny as of May 01, 2024
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Insider Filings
Latest 10 SEDI filings for GSY within the last 6 months
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Company News
May 09, 2024 08:30 ET
goeasy Ltd. Announces Election of Directors
MISSISSAUGA, ON, May 9, 2024 /CNW/ - goeasy Ltd. (TSX: GSY), ("goeasy" or the "Company"), one of Canada's leading consumer lenders focused on delivering a full suite of financial services to non-prime Canadians, announced that all of the nominee directors listed in the management proxy circular dated March 19, 2024 were elected as directors of goeasy. The vote was conducted at the Company's Annual General and Special Meeting of Shareholders, which took place on May 8, 2024. The results of the vote are set out below:
May 07, 2024 16:01 ET
goeasy Ltd. Reports Record Results for the First Quarter
Loan Originations of $686 million, up 12% from $616 millionLoan Growth of $207 million, up 6% from $196 millionLoan Portfolio of $3.85 billion, up 29% from $2.99 billionRevenue of $357 million, up 24% from $287 millionDiluted EPS of $3.40; Adjusted Diluted EPS1 of $3.83, up 24% from $3.10
Valuation Ratios
Industry
Sector
Beta
1.95
--
--
Price to Sales - TTM
2.23
1.49
4.60
Price to Book - most recent quarter
2.67
1.72
1.74
Price to Cash Flow per share - TTM
8.64
10.29
9.00
Price to Free Cash Flow per share - TTM
--
--
19.52
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 180,838 | -28,638 |
| Apr 15, 2024 | 209,476 | 24,730 |
| Mar 31, 2024 | 184,746 | -36,898 |
Business Summary
| Sector: Financials | Industry: Consumer Lending |
goeasy Ltd. is a Canada-based company, which provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial's product offering consists of unsecured and real estate secured instalment loans. The LendCare operating segment specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. The easyhome segment provides leasing services for household furniture, appliances and electronics and unsecured lending products to retail consumers. Its customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement and healthcare verticals.
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