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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

goeasy Ltd. is a Canadian company that 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

Bullboard Posts
Comment by dm27427on Sep 14, 2016 10:13am
197 Views
Post# 25235458

RE:CitiFinancial comparison

RE:CitiFinancial comparison
My location counts were wrong. There are 180 easyhome locations and 210 easyfinancial locations, with more slated to open. My understanding is that it is easyfinancial that is the stronger profit centre for the company. The real store counts better support the case that GSY is undervalued, even after its recent run up.
For those who may not have seen it, there was an article on GSY by Jennifer Dowty in the Globe on Sept 13.
Bullboard Posts