Latest news with #PropelHoldingsInc
Cision Canada
3 days ago
- Business
- Cision Canada
PROPEL REPORTS ON VOTING RESULTS FROM ANNUAL GENERAL MEETING OF SHAREHOLDERS
TORONTO, June 5, 2025 /CNW/ - Propel Holdings Inc. (" Propel" or the " Company") (TSX: PRL) the fintech facilitating access to credit for underserved consumers, today announced the voting results from its Annual General Meeting of the Shareholders (the " Meeting"), held on June 5, 2025. A total of 20,743,214 shares were represented in person or by proxy at the Meeting, constituting approximately 53.384% of the Company's total issued and outstanding common shares as of the record date. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Management Information Circular, was duly approved by the requisite number of votes. The voting results in relation to the election of directors, were as follows: Each of the other matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes. The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on About Propel Propel Holdings (TSX: PRL) is the fintech building a new world of financial opportunity for consumers, partners, and investors. Propel's operating brands — Fora Credit, CreditFresh, MoneyKey and QuidMarket — and its Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its AI-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. The revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over two billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together. Learn more at SOURCE Propel Holdings Inc.
Yahoo
3 days ago
- Business
- Yahoo
PROPEL REPORTS ON VOTING RESULTS FROM ANNUAL GENERAL MEETING OF SHAREHOLDERS
TORONTO, June 5, 2025 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL) the fintech facilitating access to credit for underserved consumers, today announced the voting results from its Annual General Meeting of the Shareholders (the "Meeting"), held on June 5, 2025. A total of 20,743,214 shares were represented in person or by proxy at the Meeting, constituting approximately 53.384% of the Company's total issued and outstanding common shares as of the record date. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Management Information Circular, was duly approved by the requisite number of votes. The voting results in relation to the election of directors, were as follows: Nominee Votes For Votes Withheld % % Michael Stein 98.792 1.208 Clive Kinross 99.960 0.040 Peter Monaco 99.082 0.918 Poonam Puri 96.232 3.768 Geoff Greenwade 98.218 1.782 Karen Martin 99.440 0.560 Peter Anderson 98.335 1.665 Each of the other matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes. The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on About Propel Propel Holdings (TSX: PRL) is the fintech building a new world of financial opportunity for consumers, partners, and investors. Propel's operating brands — Fora Credit, CreditFresh, MoneyKey and QuidMarket — and its Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its AI-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. The revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over two billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together. Learn more at SOURCE Propel Holdings Inc. View original content to download multimedia: Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Business Insider
11-05-2025
- Business
- Business Insider
Propel Holdings Inc (PRL) Receives a Rating Update from a Top Analyst
Scotiabank analyst Phil Hardie maintained a Buy rating on Propel Holdings Inc (PRL – Research Report) on May 7 and set a price target of C$38.00. The company's shares closed last Friday at C$32.17. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Hardie is a top 25 analyst with an average return of 15.5% and an 80.81% success rate. Hardie covers the Financial sector, focusing on stocks such as goeasy, IGM Financial, and Fairfax Financial Holdings. Currently, the analyst consensus on Propel Holdings Inc is a Strong Buy with an average price target of C$43.80, which is a 36.15% upside from current levels. In a report released on May 8, Raymond James also maintained a Buy rating on the stock with a C$46.00 price target. Based on Propel Holdings Inc's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$119.56 million and a net profit of C$11.61 million. In comparison, last year the company earned a revenue of C$90.18 million and had a net profit of C$8.48 million Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRL in relation to earlier this year.
Yahoo
25-04-2025
- Business
- Yahoo
Financial Times Names Propel Holdings to its Americas' Fastest Growing Companies of 2025 List
TORONTO, April 2, 2025 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, announced today that it had been recognized as one of the fastest-growing companies in the Americas on the Financial Times' prestigious annual ranking. The Americas' Fastest Growing Companies 2025 ranking lists the top 500 companies in the Americas that have achieved the highest compound annual growth in revenues between 2020 and 2023. The award list can be viewed on the Financial Times website. "It's an honour to be included on the Financial Times' list of high-growth companies. Our placement is a direct result of our AI-powered technology, industry-leading products, the trust of our consumers and a commitment to sustainable, organic growth. From 2020 to 2023, we achieved 63 percent cumulative annual growth for revenue, 56 percent cumulative annual growth for net income, and 56 percent cumulative annual growth for adjusted net income1," said Clive Kinross, Chief Executive Officer of Propel. "Our remarkable growth reflects the millions of underserved consumers excluded from traditional financial institutions. With over 90 million underserved individuals across our markets, we remain committed to expanding access to credit worldwide. For us, growth isn't just measured in numbers, it's defined by impact," added Mr. Kinross. Note: (1) Adjusted Net Income is a non-IFRS financial measure. Please refer to Propel's Q4 2024 MD&A available on SEDAR+ for further details concerningthese non-IFRS financial measures. About Propel Propel Holdings Inc. (TSX: PRL) is the fintech company building a new world of financial opportunity for consumers, partners, and investors. Propel's operating brands — Fora Credit, CreditFresh, MoneyKey and QuidMarket — and our Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its AI-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. Our revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over two billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together. Learn more at SOURCE Propel Holdings Inc. View original content to download multimedia:
Globe and Mail
15-04-2025
- Business
- Globe and Mail
Propel to report Q1 2025 financial results
TORONTO , April 15, 2025 /CNW/ - Propel Holdings Inc. ("Propel") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, announced today that it will be reporting financial results for the three months ending March 31, 2025 , after market close on Tuesday, May 6 , 2025. Propel will be hosting a conference call and webcast with a presentation by Clive Kinross , Chief Executive Officer, and Sheldon Saidakovsky, Chief Financial Officer before market open on Wednesday, May 7, 2025 . Conference details are as follows: About Propel Propel Holdings (TSX: PRL) the fintech building a new world of financial opportunity for consumers, partners, and investors. Propel's operating brands — Fora Credit, CreditFresh, MoneyKey and QuidMarket — and its Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its AI-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. The revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over two billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together. Learn more at
