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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

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.


TSX:GSY - Post by User

Post by TimeScapeon Feb 17, 2021 6:04pm
305 Views
Post# 32591202

Excellent results

Excellent resultsResults look really good to me.  Big dividend increase, up almost 50%.  Earnings per share up 55% to $2.24 for the quarter.  That's an annual rate of about $9 a share, meaning the stock is still trading at only about 13 times earnings despite the good stock performance.  Where else do you find a stock increasing earnings 55% but trading at a p/e of 13 times?  Great business, great stock.  
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